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Question 31 - P_SAPEA_2023 discussion
Green Elk & Company is the world's leading manufacturer of agricultural and forestry machinery. The former company slogan 'Elk always runs' has recently been changed to 'Elk feeds the world'. One of Green Elk's strategic goals is to increase its revenue in the emerging markets of China, India, and other parts of Asia by 80 % within three years. This requires a new business model that caters to significantly smaller farms with limited budgets. You are the Chief Enterprise Architect and the CIO asks you to assess the now business model for smaller farms with smaller budgets. By applying the Sustainable Business Model Canvas, which sequence of steps is best practice?
1. Assess and define the cost structure and revenue streams/2 Define the customer segments and value propositions/3. Detail the customer relationships and channels/4. Identify relevant key activities key resources, and partners/5. Define the eco-social benefits and costs.
1. Assess and define the key resources, key activities, and partners/2 Define the customer segments and value propositions. /3. Detail the customer relationships and channels. /4. Define the revenue streams and cost structure. /5. Define the eco-social benefits and costs.
1. Assess and define the value propositions for the small size farms customer segment. /2. Detail the customer relationships and channels. /3. Identify relevant key activities, key resources, and partners. /4. Define the revenue streams and cost structure. /5. Define the eco-social benefits and costs.
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