objective of business_model

May 29th, 2015
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Alcorn State University
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The success of a company depends upon the business model, if the business model is good then the company will enjoy success but if there is a poor business model then the company will face losses. If any company wants succeed it has to plan according to the needs and wants of the customer, especially multinational companies has to be very careful while making plans to start business in another country. They have to plan according to the culture and norms of that region. Otherwise they will have to face the consequences, which Dominos is now facing. They didn’t paid proper attention to their business plan when they started going multinational.

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Multinational ManagementSubmitted By:Omer ShababL1S08BBAM2050Hassan Ali SyedL1S08BBAM2047Talha Muhammad Ali L1F07BBAM2258Section: ASubmitted To:Prof. Farooq HussainICI Paints Pakistan Limited1. Choosing a subjectHow to Design a Winning Business Model Introduction:The success of a company depends upon the business model, if the business model is good then the company will enjoy success but if there is a poor business model then the company will face losses. If any company wants succeed it has to plan according to the needs and wants of the customer, especially multinational companies has to be very careful while making plans to start business in another country. They have to plan according to the culture and norms of that region. Otherwise they will have to face the consequences, which Dominos is now facing. They didnt paid proper attention to their business plan when they started going multinational. The business of model is the life line for any business. The basic things to look for a successful business model is to look into customer needs and wants.Following are the key points which make a good business model:Who is your customer?What provides the value to your customer?How you delivering the value to your customer at proper cost.Customer value plan.What are key resources?Knowing how to apply the Profit formula. Customer segment Value proposition Key activities Channel Key partners Cost structureCustomer

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