WHY BUSINESS MODELS MATTER. CIS 424 Based on Tab 4 Article by Joan Magretta. WHY BUSINESS MODELS MATTER. One of “THE” buzzwords of the dot com era http://www.businessplanarchive.org/ The grave yard of the dot coms
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WHY BUSINESS MODELS MATTER
Based on Tab 4
Article by Joan Magretta
Walmart – a new business model or a strategy?
Lower prices – increased profits – more than just volume – physical amenities gone, bigger stores to handle more people, fewer salespeople so that the customer is empowered.
Did not try to be all things to all people