May 29th, 2015
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University of Salford
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Tutor description is almost a cross between a brokerage model and an Advertising model since it is involved in a B2B and as well as B2C and acts like a broker. It is a medium where employees and corporate shake hands and both are customers. As a website it provides content and services mixed with advertising messages as well. has a clear revenue model from the beginning.There is direct floe of revenue for the services rendered to customers.

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Strategic ManagementIndividual Assignment TopicBusiness ModelSubmit to Assoc. Prof. Porpan Vachajitpan, Ph.D.byKittisup Leungchavaphongse 538 52823 29MABE Part Time 10, Chulalongkorn UniversityBusiness ModelBusiness Model is the plan which implemented by an organization to generate revenue and make a profit from operations. The model describes the rationale of how an organization creates, delivers, and captures value (economic, social, or other forms of value). The process of business model is part of business strategy.In theory and practice the term business model is used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies. Hence, it gives a complete picture of an organization from a high-level perspective.A business model draws on a multiple of business subjects, including economics, entrepreneurship, finance, marketing, operations, and strategy. The business model itself is an important determinant of the profits to be made from an innovation. According to the research

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