Personal & Career Development Programme Essay Example | Topics and Well Written Essays - 750 words - 1

Personal & Career Development Programme - Essay Example A business model will hence serve as a link between business experts and technical experts to help them understand their roles. In addition, a business model is a significant determinant of making profits accrued from an innovation. Therefore, a business model often attracts a multitude of many business subjects like economics, strategy, operations, entrepreneurship, finance and marketing (Bradford, 2009). Moreover, the main reason why  a given ordinary innovation along with a strong business model often tends to be more profitable compared to a leading innovation whose business model is a mediocre (Bolman 2004). Barlow (2007) explains that a business model has six components, which enables it to be effective, as well as efficient; these components include: Value proposition – this is a depiction of customer problems, products that deal with this problem, as well as the value of the product in view of the customer. Market segment – this is the target group of the cust omers, acknowledging that every market segments have their own distinct need. In most cases, the capability of an innovation is realized by targeting different market segment. Value chain structure – this is the company’s position, along with the value chain, and how the company intends to occupy the element of the principles it establishes in the chain. Revenue generation and margins – this involves the ways that income is generated like sales, subscription etc.; target profit margins, and the cost structure. Position in the value network – this is the identification of competitors, as well as any network results that can be used in delivering more value to customers. Competitive strategy – these entail ways in which the company will attempt to create a prolonged competitive advantage e.g. by striving to be different from other companies (Piro, 2000). An illustration with the help of a case study is the best way to describe ABC Corporation, along with its ABC Model 999 copier, in relation to its business model, products or services, potential development, as well as the customer base (Hoque 2000). The Model 999 often utilized the relativity of higher electro-photography process, a dry process that often dodges the utilization of using wet chemicals (Rainey, 2005). In its attempts to look for potential partners, the ABC Corporation became repeatedly turned down by many leading companies who perceived that technology they had did not have any future especially with the use of the business models (Bradford, 2009). Although the technology was exclusive to first copy systems, the cost of the system at that time was extremely high since it was six to seven times higher than other technologies (Webber, 2010). The issue of selling a given system at lower cost so as to be adopted by many companies then came into place and had to make a decision or else be faced out of the market. This challenge had to come with them also need to make huge profits at that time and to incur their expenses too. They also got suppliers that could supply them with supplies that were identical to theirs, but at cheaper cost (Brinckloe, 2001).

Strategic Management Unit 4 DB SA Final Week Essay

Strategic Management Unit 4 DB SA Final Week - Essay Example These laws are not different to those in the US because eventually, it is all about environmental conservation and the end goal is to protect our surroundings. Environmentally, the numerous vehicles produced by the firm poses a great danger to the environment because once in the roads, the vehicle produce emissions in gasses form to the surrounding causing air pollution. These deplete the environment through acid rains and ozone layer destruction. The commitment made by General Motors Company to conserve the environment through waste and pollutants reduction, recycling, conservation and educating the public on way to support environmental conservation is a great move (KPMG, 2010). Despite that decision by the US government to increase fuel efficiency and reduce vehicle emissions, GM is still surviving well because this move only led to demand of vehicles that have less environmental effects. The aim of the government to reduce air pollution was achieved by the move. Despite the controversial nature of the bailout in 2008, it promoted the advancement of the auto industry through development of energy-efficient vehicles. Critically, these problems are used as spark agents that ignite a change in the process of offering solutions. KPMG. (2010). The transformation of the automotive industry: the environmental regulation effect. https://www.kpmg.com/US/en/IssuesAndInsights/ArticlesPublications/Documents/transformation-automotive-industry.pdf . Internet