The Woulds of Wall Street with Complete Solutions
Royal Mail - Answer-rebranded with updates to its logo and visual identity to modernize its image, while maintaining its core postal services, sparking discussion on the effectiveness of rebranding in service-oriented businesses.
Martha Matilda ...
The Woulds of Wall Street
with Complete Solutions
Royal Mail - Answer-rebranded with updates to its logo and visual identity to modernize
its image, while maintaining its core postal services, sparking discussion on the
effectiveness of rebranding in service-oriented businesses.
Martha Matilda Harper - Answer-Canadian-American entrepreneur who pioneered the
modern franchise model with her Harper Method beauty salons, significantly impacting
the beauty industry.
Harper Method Shops - Answer-Beauty salons operated under Martha Matilda Harper's
franchise model, introducing innovations like the reclining shampoo chair and shampoo
basin.
Christian Science - Answer-Religious movement that influenced Martha Matilda
Harper's personal and business life, credited with aiding her health and business
success.
Robert McBain - Answer-Martha Harper's husband who took over management of the
Harper Method Shops, modernizing the business and leading to its eventual sale.
Franchising Model - Answer-Business arrangement where a parent company licenses
others to operate under its brand and model, sharing profits.
Business Model - Answer-describes how a company creates and captures value,
including aspects like value proposition, pricing, and organization. It is essential for
understanding industry transformation and evaluating innovative models.
Airbnb - Answer-A platform-based company that allows homeowners to rent out their
spaces, offering a cost-effective and personalized alternative to traditional hotels. It has
transformed the hotel industry by leveraging asset sharing.
Uber - Answer-A ride-sharing service that utilizes asset sharing, usage-based pricing,
and real-time decision-making to disrupt traditional taxi services. Its model includes
features like collaborative ecosystems and customer ratings.
Healx - Answer-A company that uses big data and analytics to match treatments to rare
disease patients, demonstrating high levels of personalization and asset sharing. It
represents a transformative business model in the pharmaceutical industry.
, MP3 Technology - Answer-A technology that allows users to store thousands of songs
on a small device, leading to the creation of new business models like iPod and iTunes.
It revolutionized music consumption.
iPod and iTunes - Answer-Apple's products that combined to create a new business
model for digital music distribution, transforming the music industry. They exemplify how
technology and business models can work together to disrupt markets.
Crowdsourcing - Answer-a business model that gathers ideas, services, or content from
a large group of people, relies on collective input rather than a centralized team.
Subscription - Answer-where customers pay a recurring fee for continuous access to a
product or service, was limited by the lack of modern payment systems and distribution
methods.
Drop-shipping - Answer-a retail fulfillment method where stores don't keep products in
stock but transfer customer orders directly to suppliers, required technological
innovations in e-commerce and logistics.
Peer-to-peer - Answer-a model where individuals interact directly with each other to
buy, sell, or share goods and services, needed the rise of online platforms and secure
payment systems.
Freemium - Answer-offering basic services for free while charging for premium features,
relies on digital distribution and online engagement, which were not feasible before the
internet.
Razor-and-blades - Answer-a model where a basic product is sold at a low price or
given away for free to increase sales of complementary goods, needed advances in
manufacturing and marketing.
The Long Run - Answer-the period in the future when everything can be adjusted or
changed; for example, a company can build more factories or adjust production levels.
The Short Run - Answer-the current period when adjustments are limited; for instance, a
company cannot instantly increase production without extraordinary measures.
Steven P. Jobs - Answer-Apple's co-founder and former general manager of the
Macintosh division, was moved to a more strategic role with reduced operational
responsibilities following the company's restructuring.
John Sculley - Answer-recruited from Pepsico Inc., was Apple's president and chief
executive who led the restructuring effort to address the company's management issues
and financial troubles.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
