Summary BUS 599 Business Models and Systems (2)

BUS 210 Business Models and Systems BUS/210 University of Phoenix   Business Models and Systems The local business I have chosen is Wal-Mart. My family goes there at least once or twice a week to get most of the things we need. Our Wal-Mart is not a supercenter, which means it does not have the grocery store part in it. The three main components of a business model are business commerce, business occupation, and business organization. Business commerce is the process through which people produce, exchange, and trade goods and services (Jones, G.R 2007). Wal-Mart not only works with trade but also services. Most Wal-Marts have a variety of services to offer. They offer pharmacy, hair salon, optical, and even a photo studio. Unfortunately, the Wal-Mart we have only offers the pharmacy. Most, if not all, Wal-Marts offer automotive services. We have purchased tires from Wal-Mart