MGT3960 Entrepreneurship Management Fall 2015

"There's a way to do it better—find it."— Thomas Edison

September 16, 2015
by dl106040
Comments Off on Designing Business Models

Designing Business Models

A business model is most essential to entrepreneurs. My favorite description of a business model is that it provides framework, where entrepreneurs can analyze their business plans and look for other ways for their companies to function and grow profitably while building barriers to ward off competitors. Although this is a long a boring definition, I think … Continue reading Designing Business Models Continue reading

September 16, 2015
by gd079324
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Designing Business Models

What definition of business model do you find most useful and why? Both definitions of a business model include increasing value to your company, which in my opinion is one of the most fundamental points in a business in order for it to be successful. The first definition, “A business model is a description of […] Continue reading

September 16, 2015
by gd079324
Comments Off on Designing Business Models

Designing Business Models

What definition of business model do you find most useful and why? Both definitions of a business model include increasing value to your company, which in my opinion is one of the most fundamental points in a business in order for it to be successful. The first definition, “A business model is a description of […] Continue reading

September 16, 2015
by na134373
Comments Off on Chapter#3: DESIGNING BUSINESS MODELS

Chapter#3: DESIGNING BUSINESS MODELS

QUESTION 1: WHAT DEFINITION OF BUSINESS MODEL DO YOU FIND MOST  USEFUL AND WHY? First, to me, both definitions are pretty much the same; however, I find the first one to be most useful because  it clearly states that a company must create value through not just the combination of products, or services image but […] Continue reading

September 15, 2015
by Daniel Kvist
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Designing Business Models

From the two business models, “The Five Component Model” and “The Business Model Canvas”, I personally prefer the last of those two. You may ask why? Well, to me the canvas model seems more thorough. The model is based on research, and it is suggested that the model is made in teams. I see myself […] Continue reading

September 15, 2015
by na134373
Comments Off on The Art of Innovation

The Art of Innovation

QUESTION 1: WHY IS INNOVATION IMPORTANT, AND HOW IS IT CHANGING? Innovation is important because we live in a globalized world, in a world where people from different countries find themselves interchanging products or services, cultural ideas and beliefs, as well as work ethic between each other. Because the market place is always changing a company’s […] Continue reading

September 15, 2015
by na134373
Comments Off on BLOG POST #1

BLOG POST #1

QUESTION 1: DO YOU THINK ENTREPRENEURSHIP AND SMALL BUSINESS ARE DIFFERENT? WHY? I think that Entrepreneurship and small business are different; however, at the same time one is present in the other. For example, a Small business was able to be created because someone was an entrepreneur.  Without entrepreneurship a business regardless of its size, […] Continue reading

September 9, 2015
by f.fernandezdenavarr
Comments Off on Innovation

Innovation

Why is innovation important and how it is changing? Innovation is a very important issue that business have to take care of. This is a way to differentiate your business from your competitors and a good way to add value to your product or service provided. Nowadays, as the communications has improved so much and we … Continue reading Innovation Continue reading