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Pages:
1 page/≈275 words
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1 Source
Level:
APA
Subject:
Management
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Essay
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English (U.S.)
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Topic:

Reinventing Your Business Model Research Assignment (Essay Sample)

Instructions:

Please read the article “ Reinventing Your Business Model - Johnson,Chreistensen & Kagermann - page 103
“ on book HBR’S 10 MUST READS BY MICHAEL E PORTER BY HARVARD BUSINESS REVIEW 
AND WRITE A 1 PAGE PAGE APROX 300 WORDS

source..
Content:

Reinventing your Business Model
Student’s Name
Institutional Affiliation
Reinventing your Business Model
In the article, the authors discuss the importance of reinventing the business model of an organization when its aspects are not performing as expected. They also note that not all well-established organizations take the efforts of reinventing their business models because they do not understand their current models to know whether they will support or hinder a new idea. Consequently, they do not know how to reinvent their existing models and when they should do so.
In "Reinventing Your Business Model," the authors discusses what organizations need to do to reinvent their business models. When reinventing a business model, the focus should be on the needs of the customers. This w...
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