CBAC102 - PREFINALS

Business Model 

is a company’s method for making money in the current business environment 

Customer Solution Model

a consulting model

Profit Pyramid Model

closes out any niches where a competitor might find a position 

Multi-component System/Installed Base Model

the product is thus a system with one component providing most of the profit 

Advertising Model

offer its products free in order to make money on advertising

Switchboard Model

a film acts as an intermediary to connect multiple sellers to multiple buyers

Time Model

product research and development and speed are the keys to success in this model 

Efficiency Model

in this model, a company waits until a product becomes standardized and then enters the market with a low prices, low margin product that appeals to the mass market. 

Blockbuster Model

the focus is on high investment in a few products with high potential pay offs.

Profit Multiplier Model

it develops a concept that may or may not make money on its own but through synergy 

Entrepreneurial Model 

a company offers specialized products/services to market niches that are too small to worthwhile to large competitors but have the potential to grow quickly. 

De Facto Industry Standard Model

a company offers products free or at a very low price in order to saturate the market and become the industry standard. 

Simple Structure

appropriate for a small entrepreneur dominated company with one or two product lines

Functional Structure

appropriate for a medium-sized firms with several product lines in 1 industry 

Divisional Structure

is appropriate for a large corporation with many product lines in several related industries 

Strategic Business Unit 

are divisions or group of composed of independent product market segments that are given primary responsibility and authority for the management of their own functional areas.

Conglomerate Structure

is a appropriate for a large corporation with many product lines in several unrelated industries 

Corporate Culture

is the collection of beliefs, expectations, and values learned and shared by a corporation’s members and transmitted from one generation of employees to another

Cultural Intensity 

is the degree to which members of a unit accept the norms, values, or other culture content associated with the unit 

Cultural Integration

is the extent to which units throughout an organization share a common culture

Mission Statement

is a simple and brief description that encompasses the purpose of a company, defining its culture, goals, and values

Mission Statement

maximum of 250 words