100% de satisfacción garantizada Inmediatamente disponible después del pago Tanto en línea como en PDF No estas atado a nada
logo-home
SEVI 3013 Exam 2 Questions & Answers 100% Correct! $15.99
Añadir al carrito

Examen

SEVI 3013 Exam 2 Questions & Answers 100% Correct!

 7 vistas  0 veces vendidas
  • Grado
  • SEVI 3013
  • Institución
  • SEVI 3013

Business Model - ANSWERS-how a company intends to implement its strategy for a product or group of products -companies can have multiple models Characteristics of a Functional Business Model - ANSWERS-robust elements: ability to weather challenges and adversity -Identifies and acquires key ne...

[Mostrar más]

Vista previa 2 fuera de 12  páginas

  • 16 de diciembre de 2024
  • 12
  • 2024/2025
  • Examen
  • Preguntas y respuestas
  • SEVI 3013
  • SEVI 3013
avatar-seller
SEVI 3013 Exam 2 Questions & Answers
100% Correct!
Business Model - ANSWERS-how a company intends to implement its strategy for a
product or group of products
-companies can have multiple models

Characteristics of a Functional Business Model - ANSWERS-robust elements: ability to
weather challenges and adversity
-Identifies and acquires key needed resources and processes
-have compatibility of multiple business models: synergy and leverage resources

Components of a business model - ANSWERS-revenue model
-cost structure
-margin/finance model
-resource velocity/turnover model

Revenue Model - ANSWERSprice x model and other revenue streams

Cost Structure - ANSWERS-direct and indirect costs
-inputs are usually key controllable components

Margin/Finance Model - ANSWERS-contribution needed from each sale given expected
volume
-considers the impact of multiple revenue streams

Resource Velocity/Turnover Model - ANSWERSspeed at which assets are utilizes,
revenues realized, etc.

Consumer Value Concept (CVC) - ANSWERSthe unique characteristics of your product
or service that the customer sees as adding value to the product and making it desirable
to purchase and is developed relative to competitors

Revenue Streams - ANSWERSsales, accessories, accessory royalty, royalty games,
and fees for online communication (xbox live)

Cost Streams - ANSWERSmanufacturing and operating costs, raw materials, seminars
and training for game makers

Razor-razorblade Model - ANSWERSfocus on selling products at low cost and
supplemental products
-ex: Gillette, PS4, and printers

, Pay as You Go Model - ANSWERSonly pay for amount used
-ex: utilities/electricity

Subscription - ANSWERSsign up customers for subscription products
-ex: media, like magazines or streaming services

Freemium - ANSWERSoffer basic product for free when consumer pays for a premium
product
-ex: apps are free to download but contains in app purchases

Wholesale Model - ANSWERSmake the product, then sell to retailer, then they sell to
consumer
-ex: Tyson sells to Walmart, Walmart sells to consumers

Agency Model - ANSWERSmodel/acting agencies

Bundling Model - ANSWERSbundle multiple products then sell at a reduced price
-ex: Microsoft Office or fast food places when offer meals at cheaper price

Dynamic Nature of Business Models - ANSWERS-many companies have multiple
business models
-models can evolve (freemium to subscription)
-models can be disrupted
-Beer Distributorships: breweries don't allow other brands "in house" and craft beers
and non-alcoholic products demanded locally
-Failed Business Models: blockbuster and kodak

Assess and Evaluate Business Models - ANSWERS-Imitation Protection: secrecy,
trademark, and lead time
-Protected from stakeholder holdups
-Slack: ability to weather failure of some elements of the business plan

Strategic Action/Response - ANSWERSmarket-based move that involves a significant
commitment of organizational resources and is difficult to implement or reverse

Tactical Action/Response - ANSWERS-market-based move that is taken to fine-tune a
strategy
-usually involves fewer resources and is relatively easy to implement and reverse

Competition - ANSWERSthe struggle among producers for the dollars of consumers

Firms Compete for - ANSWERS- customers
- geographic resources
- inputs
- talent
- capital

Los beneficios de comprar resúmenes en Stuvia estan en línea:

Garantiza la calidad de los comentarios

Garantiza la calidad de los comentarios

Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!

Compra fácil y rápido

Compra fácil y rápido

Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.

Enfócate en lo más importante

Enfócate en lo más importante

Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!

Preguntas frecuentes

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.

100% de satisfacción garantizada: ¿Cómo funciona?

Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller papersmaster01. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for $15.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

45,681 summaries were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 15 years now

Empieza a vender
$15.99
  • (0)
Añadir al carrito
Añadido