business model

(noun)

The particular way in which a business organization ensures that it generates income, one that includes the choice of offerings, strategies, infrastructure, organizational structures, trading practices, and operational processes and policies.

Related Terms

Examples of business model in the following topics:

  • Innovation

    • Due to its widespread effect, innovation is an important topic in the study of economics, business, entrepreneurship, design, technology, sociology, and engineering.
    • When an innovative idea requires a better business model, or radically redesigns the delivery of value to focus on the customer, a real-world experimentation approach increases the chances of market success.
    • Potentially, innovative business models and customer experiences can't be tested through traditional market research methods.
    • Programs of organizational innovation are typically tightly linked to organizational goals and objectives, the business plan, and to market competitive positioning.

  • The "McDonaldization" of Society

    • As a response, the process of de-Mcdonaldization offers alternatives to this model of production and organization.
    • For example, the ice-cream company Ben and Jerry's refuses to adopt the processes of McDonaldization into its business model.
    • Their main motive is funky, which they run their business with ethic of honesty.
    • In Ritzer's book, McDonald's serves as the case model of this process in the 1990s .
    • As a response, the process of de-Mcdonaldization offers alternatives to this model of production and organization.

  • The Structure of Cities

    • The innermost ring represents the central business district (CBD), called Zone A. .
    • A city's central business district (CBD), or downtown, is the commercial and often geographic heart of a city.
    • CBDs usually have very small resident populations, but populations are increasing as younger professional and business workers move into city center apartments.
    • They are intended to attract business by concentrating dedicated infrastructure to reduce the per-business expenses.
    • Analyze, using human ecology theory, the similarities and differences between the various urban structure models, such as grid model, sectoral model and concentric ring model, among others

  • Microfinancing

    • Microfinance is usually understood as the provision of financial services to micro-entrepreneurs and small businesses.
    • In microfinance, financial services are provided to micro-entrepreneurs and small businesses, many of whom lack access to banking services because of the high transaction costs associated with serving these types of clients.
    • Relationship-based banking deals with individual entrepreneurs and individual businesses.
    • In group-based models, several entrepreneurs unite to apply for loans and services as a group.
    • There is a rich variety of financial institutions which serve micro-entrepreneurs and small businesses.

  • Gemeinschaft and Gesellschaft

    • Introduced by German sociologist Ferdinand Tönnies, Gemeinschaft and Gesellschaft are two conceptual models for types of human association.
    • Introduced by German sociologist Ferdinand Tönnies, Gemeinschaft and Gesellschaft are two conceptual models for types of human association.
    • A modern business is a good example of Gesellschaft: the workers, managers, and owners may have very little in terms of shared orientations or beliefs, or they may not care deeply for the product they are making, but it is in all their self interest to come to work to make money, and, therefore, the business continues.
    • As all conceptual models, these categories can be challenged by social change.

  • Class Structure in the U.S.

    • Social class in the United States is a controversial issue, having many competing definitions, models, and even disagreements over its very existence.
    • Many Americans recognize a simple three-tier model that includes the upper class, the middle class, and the lower or working class.
    • Some social scientists have proposed more complex models that may include as many as a dozen class levels.
    • This model has gained traction as a tool for thinking about social classes in America, but it does not fully account for variations in status based on non-economic factors, such as education and occupational prestige.
    • While social scientists offer competing models of class structure, most agree that society is stratified by occupation, income, and educational attainment.

  • Social Class

    • Social class in the United States is a controversial issue, having many competing definitions, models, and even disagreements over its very existence.
    • Many Americans believe in a simple three-class model that includes upper class, the middle class, and the lower class or working class.
    • More complex models that have been proposed by social scientists describe as many as a dozen class levels.
    • Thus, a person who considers him or herself to be upper class will dress differently from a person who considers him or herself to be working class — one may wear a business suit on a daily basis, while the other wears jeans, for example.
    • While social scientists offer competing models of class structure, most agree that society is stratified by occupation, income, and educational attainment.

  • Social Class in the U.S.

    • Social class in the United States is a controversial topic; there have been many competing definitions, models, and even disagreements over its very existence.
    • Many Americans believe in a simple three-class model that includes the rich or upper class, the middle class, and the poor or working class.
    • More complex models that have been proposed by social scientists describe as many as a dozen class levels.
    • One social class model proposed by sociologists posits that there are six social classes in America.
    • This model has gained traction as a tool for thinking about social classes in America, but it notably does not fully account for variations in status based on non-economic factors, such as education and occupational prestige.

  • Models of Urban Growth

    • Models of urban growth try to balance the advantages and disadvantages of cities' large sizes.
    • In recent years, various organizations have sought to renew the neighborhood by encouraging the development of new residences and businesses.

  • Intorduction to qualitative analysis

    • An alternative approach is block modeling.
    • In principle, one could fit any sort of block model to actor-by-event incidence data.
    • We will examine two models that ask meaningful (alternative) questions about the patterns of linkage between actors and events.
    • Both of these models can be directly calculated in UCINET.
    • Alternative block models, of course, could be fit to incidence data using more general block-modeling algorithms.