the Problem with New Software is that ; we sometimes experience capabilities issues, adaptation can also be slow
the advantage of network system is that it prevents piracy!
UK e.commerce has been doing better that the US e.commerce and that can be attributed to economics reason such as the liquidation of Lehman Brothers and Meryl Lynch
Value proposition: ex. Apple ’s was all your music on the GO!
Funtions of a business Model!!
- articulate value proposition
- identify target market segment
- Define structure of value chain
- Define cost structure and profit potential
- Explain position in value network
- set fourth competitive strategy