A(n) blank Business model is a plan that details how a company creates, delivers, and generates revenues.
<h3>What exactly is a business model?</h3>
An organization's conceptual framework, which includes its mission, objectives, and continuing strategies for accomplishing them, is known as a business model.
A business model is essentially a specification outlining how a company achieves its goals.
<h3>A successful business model is what?</h3>
As an illustration, Clay Christensen of Harvard Company School proposes that a business model should include four components: a customer value proposition, a profit formula, essential resources, and key procedures.
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what recognizes the potential for valuable innovations to be launched from lower organizational levels and diverse locations, including merging markets, is known as:
"Reverse Innovation."
This is because reverse innovation is a type of innovation in which the product is originally innovated for poor neighborhoods such as developing regions, then repackaged in a way that is then sold to the rich neighborhoods such as developed regions.
Reverse innovation is a term originally coined by Vijay Govindarajan and Chris Trimble.
They claimed that reverse innovation is a kind of bottom-up innovation strategy whereby the products designed for poor areas are then redefined and sold to the rich areas.
Hence, in this case, it is concluded that the correct answer is "Reverse Innovations."
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Answer:
<em><u>B</u></em><em><u>) is tailored to fit some specific target customers while mass marketing aims at everyone with roughly the same marketing mix. </u></em>
<span>major internal concerns that could affect the incorporation of social media into emergency management are:
</span>- How to track, use and protect citizen's privacy and personal information
Because many people with bad intent could easily obtain their target's information through social media
-. Security policies and restrictions related to IT systems
Social media often became a target for hackers because it stored a lot of important information
<span>-Staff may not be familiar with the applications
</span>The government need to put additional effort in training the staffs to utilize social media in emergency situations