Question

Strategic are actions to deliver and it capture the value created in

Answer 1

Answer:

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Answer 2

Strategic actions

Explanation:

• A business model is a narrative that describes how a company develops, delivers, and captures value.
• As a result, any organisation that wants to think about business model innovation must first understand how it currently creates, delivers, and captures value. Business models are created with the goal of providing value to a consumer or end user.
• The greatest method to construct a compelling value offer is to look at value through the eyes of one's customers. The value proposition should be concise, easy to understand, and shared consistently by internal and external stakeholders.
• The second part of the business model tale concerns how the company really delivers the value it has created. Organization charts, according to the chapter, do not indicate how teams form across functions to accomplish the operation's key operations.
• The essential competencies required to deliver value are depicted in an operating model, as well as how they are related to one another.
• A picture of a shared operating model also delivers a clear message to the organisation about how departments and functions are expected to collaborate with a common goal in mind to deliver value.
• The income streams and pricing of a company's business models are crucial in defining how a business model captures value. Agriculture is an excellent example of the distinction between creating and capturing value.
• Farmers add value to their crops by planting and growing them. Creating a lucrative crop, on the other hand, is useless until it is harvested and sold. Among the activities that capture value are: Users are being monetized. Value capture is a common problem for social media companies.
• Twitter developed great value by swiftly accumulating a massive user base, but they have failed to monetize that value. Because they have discovered successful ways to monetize through advertising, Facebook's stock has been soaring.