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Delving Into the Business Model

Delving Into the Business Model

Copyright: © 2018 |Pages: 26
ISBN13: 9781522549789|ISBN10: 1522549781|EISBN13: 9781522549796
DOI: 10.4018/978-1-5225-4978-9.ch004
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MLA

Jose Manuel Saiz-Alvarez. "Delving Into the Business Model." Business Strategies and Advanced Techniques for Entrepreneurship 4.0, IGI Global, 2018, pp.112-137. https://doi.org/10.4018/978-1-5225-4978-9.ch004

APA

J. Saiz-Alvarez (2018). Delving Into the Business Model. IGI Global. https://doi.org/10.4018/978-1-5225-4978-9.ch004

Chicago

Jose Manuel Saiz-Alvarez. "Delving Into the Business Model." In Business Strategies and Advanced Techniques for Entrepreneurship 4.0. Hershey, PA: IGI Global, 2018. https://doi.org/10.4018/978-1-5225-4978-9.ch004

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Abstract

Firms competing in a globalized economic world must design value-creating strategies to achieve leadership. Corporations that wish to accomplish this goal go deeper to make it by applying different business models rooted in ODI (Outcome-Driven Innovation), napkin ideas, and teamwork. The chapter includes the leading causes of bankruptcy for companies, especially when firms perform neither a PESTEL analysis nor a SWOT study to analyze their business environments. To survive, companies need to control their risks, not to incur excessive bank financing, to choose the most capable intellectual capital, and to expand new market niches steadily over time. The companies that do not take too much risk in their development are those that survive in time, although their rates of growth are smaller compared to the more aggressive companies.

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