5 business model an abstract representation of an organization, shows revenue growth, profit growth and increase in stock prices of the companies model
2. Holdareverseauctions In a reverse auction, ex-
tremely price-sensitive
buyers name their price
for a service. If the seller
accepts the price, the
buyers must commit to
the seller’s terms.
3. FRANCHISE BUSINESS OWNER PURCHASE
ANOTHER ORGANIZATION BUSI-
NESS STRATEGY INSTEAD OF
CREATING NEW PRODUCT AND
DISTRIBUTION CHAIN TO DELIV-
ER THE PRODUCT .IT PURCHASES
AN OWNERSHIP STATES IN A
BUSINESS MODEL THAT HAS
LARREADY BEEN SUCCESSFULLY
BEEN DEVELOPED
4. Freemiummodel It gives away a service at
no cost to the consumer
as away to establish the
foundation for future
transaction
5. Offerproductathigherprice
Survival depends on these products
and nobody else can provide
hat’s what Alexion Pharmaceuticals
does. In the U.S., 8,000 people have a
disease that causes their immune sys-
tems to wipe out their red blood cells
every night. Some of these people ar-
range for insurance companies or the
U.S. government to pay $569,000 a
year so they can take Alexion’s Soliris
to stay alive.
6. Cutpricestogainanindustryshare
andprofitlater
Target a huge market and sell a
product at the lowest price with
fast delivery and great service. As
the company grows, expand the
product line, negotiate volume
discounts with suppliers, invest in
technology to speed up customer-
response time and cut waste from
the operations