BUSINESS MODELS AND PLANNING Essay Example | Topics and Well Written Essays - 750 words - 2

military control MODELS AND PLANNING - Essay ExampleFrom the case study it was evident that company alpha engaged in seven business simulation innovations in which further 4 were successful. Amongst the remaining three, the company either succeeded or failed in their operations. From the case study it was evident that moreover the innovations which involved exploitation of existing engineering and the ripening and exploitation of technology based products advance the success. The companys failure was attributed to lack of desired case and standards and that the market was small for the companys turnover.On the other hand company important only managed 3 business innovations two of which were successful while the other one failed. Success to the business model was due to acquisition and exploitation of new technology. However, the failure was due to a new product starting motor into the market which faced severe completion that squeezed it out.To innovate in business model me ans that a company must be able to engage in mergers and acquisitions which reduces the companys competitiveness? In addition to this, innovations in business model also require that companies are able to acquire or embrace new technology that exists within the business environment. From the research conducted between company alpha and beta it is evident that success only came when the companies involved in business models which involved acquisition of new technology and development. For example, company alpha engaged in seven business model innovations in which only 4 were successful. Only the innovations which involved exploitation of existing technology and the development and exploitation of technology based products encouraged the success. The case was similar to company beta which involved in only 3 business innovations and only two succeeded. Innovation is a rigorous process that involves companies to