Report For Business Modelling

Report for Business Modelling

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Report for business modelling Part 1 – Define and outline your understanding of business models and the different (and similar) views that are held and some of the approaches to modelling Part 2 – use business model canvas to interpret the model of IKEA make comment on pros and cons of canvas in doing this Part 3 – use a different approach to modelling IKEA and make comments on the pros and cons of this approach in helping you understand/describe/analyse the business model of the organisation Part 4 – offer an overall reflection of your understanding of the overall value of the different approaches you have taken and maybe what this work tells you that the organisations do well or could improve Part 5 – comment on where next for you and how this understanding may help you as you move forward on the course and into the strategic elements of Year 3.