How to Create a Viable Business Model: Investigation of Chinese Metal Processing Industry

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How to create a Business Model

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How to Create a Viable Business Model: Investigation of Chinese Metal Processing IndustryStudent NameProfessor NameUniversityDateBusiness ModelHow to Create a Viable Business Model?The requirement of these types of changes is an essential shift in the purpose of businessand its conduction. Through re-conceptualizing, the delivery of required change is offered inBusiness model innovation for the reason of the firm and the logic of value creating and thenrethinking about the perceptions of value. We can claim that for mainstream businesses it isprobable with careful business model can be redesign for the speedy business sustainability andfor new beginnings to plan and follow sustainable business from the start, it is suggested byStubbs and Cocklin (2009) and Porter and Kramer (2012), and for sustainability, systematic, ongoing creation of business cases can be supported by business model innovations(Schalteggeret al., 2013).In the industrial system, as a key to delivering greater social and environmentalsustainability is the Business model innovation (e.g. Ldeke-Freund, 2011). However, presentlyit is limited to understand the sustainable business models and its available options forinnovation sustainability. While there is wide literature for delivering sustainability on the theoryof business models (e.g. Stubbs and Cocklin, literature review conducted in 2007), and instanceson precise companies like Xerox, Canon and Oc pay per copy models, Bai
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