Sample on Business Planning Models

Sample on Business Planning Models Essay on Business Planning Models Feb 4, 2019 in Business Introduction The rationale of how an organization delivers creates and captures value that is social, economic and cultural can be described in its business model. The construction of the business model is also a part of the business strategy. The term business model in practice and theory can be used for a wide range of formal and informal descriptions to represent main business aspects that include offering, purpose, infrastructure, strategies, trading practices, organizational structures and operational policies and processes. There have been diverse definitions and interpretations in the business model literature. A systematic analysis and review of manager responses to surveys define business models as the organizational structures designed to enact an opportunity commercially. This design focuses on the use of coherence and narrative in business model mechanisms by successful firms established by entrepreneurs. Some of the most typical business models include collective business models, bri ck- and click business model, direct sales business model, cutting out the middle men model and so on (Petrovic, Kittl Teksten, 2001). Discussion The contrast and comparison between the divergent business plan models can be found in their implementation in which, once it is established it can implicitly or explicitly employ a strategic model that common types of business can use to describe the value creation, architecture, delivery and mechanisms that are relevant for the business enterprise success. In addition, the way they are used to differentiate the way the value delivery, profit conversion and payment of the customer is done by the implemented business enterprises is another aspect that is common among them. In this manner, they can be used to highlight the hypothesis by the management on the customers needs, and the way they can organize and address the organizations requirements. Contrast on the model implementation is on how they are used to explore future product or service implementation by exploring, classifying and describing the business model. They defer on their creative operation recipes, this implies that t hey have to be careful in the specific choices and a single model can not be used for all organizational cases. Some strategies also require expertise to be effective and their relevance may not be easily accessible to all, like in the case of internet (George Bock, 1997).