Asked by Vikrant kadyan on Feb 18, 2024
Verified
Consider the many Amazon.com business models.Using the text's definition of a business model,choose two of Amazon's and describe them in detail.
Business Model
Describes the rationale of how a new venture creates, delivers, and captures value.
- Identifying and analyzing the various business models employed by Amazon.com.
- Describing the first chosen business model of Amazon.com in detail, including its key components, value proposition, target market, revenue streams, and cost structure.
- Understanding the concept of a business model and its importance in analyzing different companies' strategies and operations.
Verified Answer
VC
Veronica CompeanFeb 18, 2024
Final Answer :
The text defines a business model as the rational of how a new venture creates,delivers,and captures value.Student answers may cover Amazon's business model for vendors,books,household products,groceries,music,digital services,or food delivery,for example.The answer should include the specific market served by the model,how the product or service is different from competitors,and how the model is scalable.
Learning Objectives
- Identifying and analyzing the various business models employed by Amazon.com.
- Describing the first chosen business model of Amazon.com in detail, including its key components, value proposition, target market, revenue streams, and cost structure.
- Understanding the concept of a business model and its importance in analyzing different companies' strategies and operations.