Planning 43 (2010) 291e307 http://www.elsevier.com/locate/lrp Business Models: Creating New Markets and Societal Wealth James D. Thompson and Ian C. MacMillan This thought piece proposes a framework for addressing the challenges of poverty and human suffering so widespread around the world. Based on the WSWP action research program‚ we suggest that visionary businesses can play a role in creating new business models that open up new markets‚ and simultaneously attend to societal wealth
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Dell created PCs Limited while a student at the University of Texas at Austin. The dorm-room headquartered company sold IBM PC-compatible computers built from stock components. Dell dropped out of school in order to focus full-time on his fledgling business‚ after getting about $300‚000 in expansion-capital from his family. In 1985‚ the company produced the first computer of its own design‚ the "Turbo PC"‚ which sold for $795. PCs Limited advertised its systems in national computer magazines for sale
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Executive Summary The United States wine industry is a 12 billion dollar industry and is composed of 7‚000 wineries and around 1‚800 different companies. The three major companies within the industry are Constellation brands‚ E&J Gallo‚ and The Wine Group Inc. The industry has made its way through the economic crisis at a better rate than some of the other U.S industries however in order for them to continue to see any type of growth it is important that they acknowledge their issues and find
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The board of FWPL were approached‚ in July 2012‚ by Doctor Cooper of USC with an unsolicited and confidential proposal for the manufacture of his wine cask invention. While standard wine casks generally ensure a 12 month use-by-date‚ his Long Life Cask enables wine to be consumed 20 years after bottling‚ even if opened and resealed. The FWPL board were the only ones to have knowledge of the invention at this time. The full board briefly considered the proposal at its regular monthly meeting. However
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user-centric approach to business model development Simon J.D. Schillebeeckx‚ Priti Parikh‚ Rahul Bansal‚ Gerard George n Business School‚ Imperial College London‚ South Kensington Campus‚ London SW7 2AZ‚ UK H I G H L I G H T S c c c c Review of two decades of rural electrification research. Content analysis of 232 scholarly articles. Literature is categorized into four focal lenses: technology‚ institutional‚ viability and user-centric. We develop a business model framework for rural electrification
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Global Wine War 2009: New World versus Old Case 1 Synopsis: Please provide a brief synopsis of the case. Discussion Questions: 1. How did the French become the dominant competitors in the increasingly global wine industry for centuries? What sources of competitive advantage were they able to develop to support their exports? Where were they vulnerable? By the Christian era‚ wine became part of the liturgical services and monasteries planted vines and builtwineries and the European
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What are the key strategic issues that Avery (the incoming CEO) needs to consider? What strategic options are open to him? A. Since this is the time to show Avery’s worth he must consider renewed marketing strategies to remain competitive in the business circle. Strategies such as expansion and innovation can be greatly considered. Adapting to manufacturer’s ideas using distinctive designs‚ shapes and materials through innovation can bring effective symbolism to the product and offers a more active
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Global & International Business Contexts SM0269 Global & International Business Contexts Individual Report (Word count - 3696) Due date: 08/01/2015 Hugh Mongan Student ID: W14035879 Contents Introduction – Page 3 (PND) Factor Conditions – Pages 4-5 (PND) Government – Pages 5-6 (PND) Structures of Firms & Rivalry – Pages 6-7 (PND) Demand Conditions – Pages 7-8 (PND) Related & Supporting Industries – Page 8 (PND) Chance – Page 9 Contemporary Management Issue 1 – Page 10
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The Business Model of FACEBOOK Business model is the mechanism by which a business intends to generate revenue and profits. It is a summary of how a company plans to serve its customers. It involves both strategy and implementation. It is the totality of: • How it will select its customers • How it defines and differentiates its product offerings • How it creates utility for its customers • How it acquires and keeps customers • How it goes to the market (promotion strategy and distribution
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Slav Petrov Google Inc. slav@google.com 1 Introduction In this paper‚ we describe how we organize Computer Science (CS) research at Google. We focus on how we integrate research and development (R&D) and discuss the benefits and risks of our approach. The challenge in organizing R&D is great because CS is an increasingly broad and diverse field. It combines aspects of mathematical reasoning‚ engineering methodology‚ and the empirical approaches of the scientific method. The empirical components
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