Business models Essay Example | Topics and Well Written Essays - 750 words - 1

Business stickers - Essay ExampleIn this essay an stress has been made to explain this aspect of the business model with the help of different examples. For this purpose, different research articles and publications have been used.While designing or redesigning the business model it is important to keep in attachment several points like the needs of the customers, what activities will fulfil or satisfy those needs, how the activities will be linked, who will commit those activities, how the value be created for different stakeholders, and what revenue models will be integrated. Hence, it can be said that ultimately the business activities and model should be designed in such a way that there is high value creation for every stakeholders along with delivering high financial performance.Stakeholders credibility and financial viability tend to puzzle out in or combine both financial and social constraints while formulating and designing the overall business model. The business mod el has two broad factors on the one hand it keeps in consideration the financial factors and characteristics of the organisation including the methods of revenues, the overall structure of cost, the balance sheet, income statement etc, in order to make sure that all these financial factors are associated with the opportunities and limitations associated with the overall activities and actions of management in order to cut down the costs, increase the revenues, improve the balance sheet and income statement etc. moreover it is important to understand here that the business model is not only formulated for fulfilling the financial objectives and achieving certain financial growths like specific profit level, return on capital, or other financial goals which reflect overall financial viability. So, on the other hand, business model should also keep in consideration the role of different stakeholders in the overall process of opportunity definition,