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ST (MMCP-Storage) - 2024-05-23T15:43:33.454Z)

Assignment Week 6

Designing Business Models for the Digital Economy

A guideline on how to populate a baseline

A cost/revenue calculation based on the business model logic

A description of how value is created, delivered, and captured

A standardized  template for describing a business model

A cost-efficient representation of the assumed value proposition which can be tested with the customer

To find a most appropriate business model based on rated criteria

To test the key assumptions with a Minimum Viable Product (MVP)

To create a baseline, including the network and enterprise view, for a business model

To iterate a business model until a most appropriate is found

What is the main purpose of the qualitative evaluation of a business model? 

Which elements of the Business Model Canvas contribute to the costs calculation of a business case?

Which of the following elements are part of the game plan?

Which elements of the Business Model Canvas contribute to the revenue calculation of a business case?

Try to be as precise as possible with numbers in your business case. Get costs and revenue figures from an expert in your company.

Do not try to be too precise with numbers in your business case; a rough estimation would be sufficient

Consider qualitative aspects of the business model only.

Focus on one job-to-be-done when doing your calculation.

What are you recommended to do when creating a business case?

What is the typical horizon for a game plan?

What is the typical time horizon for a business case?

To find a most appropriate business model from a set of alternatives

To analyze elements of a business model and improve them

To set up a baseline, including the network and enterprise view, for a business model

What is the purpose of the “Evaluate & Decide” iteration type?

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Knowledge quiz

What is a game plan?

What is a business case?