Business Models

1. Temporal CSF
2. Domain
3. Strategy CSF
4. Environmental CSF's
5. Industry CSF
6. Examples

1. Website Analysis with SWOT

Annotations:

• A value chain is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product orservice for the market. The concept comes from business management and was first described and popularized by Michael Porter in his 1985 best-seller
• The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organization as a system, made up of subsystems each with inputs, transformation processes and outputs. Inputs, transformation processes, and outputs involve the acquisition and consumption of resources - money, labour, materials, equipment, buildings, land, administration and management. How value chain activities are carried out determines costs and affects profits.

Annotations:

• A value chain is a chain of activities that a firm operating in a specific industry performs in order to deliver a valuable product orservice for the market
• The idea of the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organization as a system, made up of subsystems each with inputs, transformation processes and outputs. Inputs, transformation processes, and outputs involve the acquisition and consumption of resources - money, labour, materials, equipment, buildings, land, administration and management. How value chain activities are carried out determines costs and affects profits

1. Value Drivers of e-Commerce
   1. Novelty

      Annotations:

      • potential of innovations to add value to the value chain through the introduction of new products or services, structuring of transactions, new methods of production, distribution, marketing, or the tapping of new markets
   2. Lock-In

      Annotations:

      • A lock-in strategy prevents the migration of customers and strategic partners to competitors so as to facilitate repeat transactions by using strategies such as loyalty programmes.
   3. Complementaries

      Annotations:

      • Complementarities increase value by enabling revenue increases through offering bundles of complementary products and services, whether online or not, to customers
   4. Efficiency

      Annotations:

      • achieved when (i) information asymmetries between buyers and sellers are reduced through the supply of more up-to-date and comprehensive information; and (ii) the cheap interconnectivity of virtual markets is leveraged to enable faster and more informed decision-making
2. Internet activities that add value
   1. Search

      Annotations:

      • process of gathering information and identifying purchase options
   2. Transaction

      Annotations:

      • process of completing the sale, including negotiating and agreeing contractually, making payments, and taking delivery
   3. Evaluation

      Annotations:

      • process of considering alternatives and comparing the costs and benefits of various options
   4. Problem Solving

      Annotations:

      • the process of identifying problems or needs and generating ideas and action plans to address those needs

Annotations:

• articulating the value proposition; identifying a market segment; defining the structure of the firm’s value chain; specifying the revenue-generation mechanisms(s) for the firm; describing the position of the firm within the value network; and formulating the competitive strategy to gain advantage over rivals..