Question

A business model from the customers point of view: a business model consists of the value a business creates for me, what it charges me in exchange for that value, and what value it erodes for me.

Answer 1

Answer:

This article outlines an elegant approach to breaking a business model into four parts: customer value proposition (CVP), profit formula, key resources and key processes. Business models fascinate me; how businesses define, reinvent or change their business model is one of the ...