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Question 44 - OGBA-101 discussion

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Consider the following representation of a business model:

Which of the following business models is this an example of?

A.
The Business Model Cube
Answers
A.
The Business Model Cube
B.
The Four Box Framework
Answers
B.
The Four Box Framework
C.
The Business Model Innovation factory
Answers
C.
The Business Model Innovation factory
Suggested answer: B

Explanation:

The provided representation of a business model appears to be a variant of the Business Model Canvas, which is a strategic management template for developing new or documenting existing business models. It is a visual chart with elements describing a firm's value proposition, infrastructure, customers, and finances. The model assists firms in aligning their activities by illustrating potential trade-offs. Since none of the options precisely match the Business Model Canvas and the Four Box Framework is conceptually closest to the Business Model Canvas, option B is the best available answer, albeit not a perfect match.

asked 23/09/2024
Nisanka Mandara
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