Business Model for Sustainable Technologies-myassignmenthelp

Question: Discuss about theBusiness Model for Sustainable Technologies. Answer: The purpose of the safest define and describe define terms that are related to business model of an organisation. It will also describe the ways that can be implemented in order to apply good business model in practice and thereby develop cost revenue architecture. The essay will also aim to define the terms related to business context and the importance of implementing change in a business model organisation in order to sustain in the market. Real life example will be given about a business model and how an Organisation has been affected due to implication of a respective business model. According to Markides (2013), the main purpose of implementing a business model within an organisation is to generate profit and revenue by implementing proper business plan that is relevant in context of a situation. The business model includes all the major manufacturing plants along with the distribution strategies that will be implemented by the organisation in order to maximize their profit and market share. It is also essential to understand the value proposition for a business in order to implement a perfect business. This value proposition should describe the product and service description that is offered by an organisation in the market. DaSilva and Trkman (2014), have mentioned about business model archetypes, which decides upon the personalities upon which business model can be implemented in practice. There are various elements of business archetypes model, which depends upon the type and category of business and the product or service that are being offered in the market. It also provides the detailed description of the product or service along with the trade and distribution policies that are being implemented in respective cases. According to Bohnsack et al., (2014), in the recent days the business model is highly associated with e-business archetypes, which is due to the fact that the popularity of e-commerce business have increased rapidly in the current era. The software service is commonly associated with all forms of business, which helps to ensure that the digital forms and Technology are being properly utilised in the business model that can help to properly understand its importance. The main purpose of the e business model is to maximize the sale of a business by converting the same into the digital world. The profitability of the business is expanded through Internet platforms. The detailed descriptions of the product or service that are being offered in the market are being provided in the company's website. The e business model mainly focuses upon direct selling of products from the organisation to customers. This type of model of business to consumer distribution is essential due to the fact that it can help to lower the cost of products as there are no retailers involved in the process of distribution. The VBUS is an example of e business archetypes, which implements the model of business to consumer selling. Most of the profit in this type of business model is gained through direct selling and processing fees. The VBUS has been able to expand its business by providing products define categories. It has also been able to seek the attention of various groups of customers due to the fact that they are able to offer product at much lower cost than any physical retail stores. Casadesus?Masanell and Zhu (2013), have mentioned about the importance of activity system, which is another major component of business model. It is believed that in most cases the business models that are being implemented within the organisation are dependent upon a set of independent activities that enable the overall functioning of the business firm. The activity system can also help a business organisation to develop partnership concept and general value to their product or service. Each choice that is being implemented as a part of business model is entirely dependent upon a set of activities that are being dependent upon the resorts and capability performance of a business organisation. Each of the charges that are being implemented while making a business model will have direct implication on the overall expenditure and the revenue that is earned by the organization. The different types of activities together form the backbone of the organisation and also help them to impleme nt change and thereby able to evolve along with the changes in the competitive environment market. Revenue model that is implemented within an organisation is also dependent upon the various activities that are related in the strategy making department. It is also important for a business model to have the design for cost revenue architecture, which can help in the matter related to the overall expenditure of a company. The revenue structure of a business organisation is one of the essential components that can help to maintain sustainability within business. The overall cost structure of an organisation is essential due to the fact that it can help to predict the future profit and market share that is expected for a business to capture. The dynamic issues that are raised in business organisation depend upon the Rapid changes that occur within the business environment. One of the main elements of effective business model is to have the efficiency to deal with all types of dynamic problem and thereby able to bring about necessary modifications that can help in the process of maintaining sustainability. The business context is also an essential element which decides upon the business model policies. Rise of the concept of big data is also an essential part of the business model, which helps to ensure that all the parameters related to business transaction are being implemented in the business protocol. It is also one of the essential elements that need to be considered while expanding the range of business. For example in case of VBUS, the organisation has to deal with big data management, which is necessary to provide raw information about the products that are available in their website. This information can be used by the customers in order to makeup on their decision of purchasing a product from their website. Big data is also essential in implementing Technology in the supply chain management of an organisation. In concluding note it can be said that it is essential for all business organisation to implement a perfect business model that can suit according to their business and customer behaviour. There are various components of business model that is implemented according to the type of product or services that are being sold in the market. Reference Bohnsack, R., Pinkse, J., Kolk, A. (2014). Business models for sustainable technologies: Exploring business model evolution in the case of electric vehicles. Research Policy, 43(2), 284-300. Casadesus?Masanell, R., Zhu, F. (2013). Business model innovation and competitive imitation: The case of sponsor?based business models. Strategic management journal, 34(4), 464-482. DaSilva, C. M., Trkman, P. (2014). Business model: what it is and what it is not. Long range planning, 47(6), 379-389. Markides, C. C. (2013). Business model innovation: What can the ambidexterity literature teach us?.The Academy of Management Perspectives, 27(4), 313-323.