Which of the following describe(s) a situation in which a third party, outside the transaction, suffers from a market transaction?
Group of answer choices (choose All That apply)
negative externality
spillover
a market failure
Answers
All of the choices provided, "negative externality," "spillover," and "a market failure," describe situations in which a third party outside the transaction suffers from a market transaction. The correct answer is option d.
A negative externality occurs when the actions of buyers or sellers in a market impose costs on others who are not directly involved in the transaction. This can include environmental pollution, noise pollution, or other adverse effects that impact individuals or communities.
Spillover refers to the unintended consequences or effects that spill over from a market transaction and impact parties not directly involved. These spillover effects can be positive or negative, but when they cause harm or impose costs on third parties, it is considered a situation in which the third party suffers.
A market failure refers to a situation where the allocation of resources in a market is inefficient and fails to maximize social welfare. Negative externalities and spillover effects are examples of market failures because they result in costs or harms to third parties that are not accounted for in the market transaction.
The correct answer is option d.
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Complete question
Which of the following describe(s) a situation in which a third party, outside the transaction, suffers from a market transaction?
Group of answer choices (choose All That apply)
a. negative externality
b. spillover
c. a market failure
d. all of the above
Related Questions
QUESTION 2 of 10: Medicare is a government program funded by tax dollars to:
a) Provide health insurance to children
b) Provide health insurance to working adults
c) Provide hospital insurance for those over 65
Answers
Assume the government imposes $2.25 tax on suppliers, which results in a shift of the supply curve from s1 to s2. the price the consumer pays for the product after the tax is imposed on the suppliers is
Answers
The price the consumer pays for the product after the tax is imposed on the suppliers is $3.50
What is a Supply Curve?This refers to the relationship between offered quantities in a market and the different prices of such products.
Hence, we can see that from the complete text, there is a graph that shows the relationship between quantity and price which shows the upward curve of the product because after the tax was imposed on the suppliers, the price was $3.50
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Which of the following is not one of the reasons cited for the growth in incarcerated populations?
a. Federal prison growth
b. Increased probability of incarceration
c. Inmates serving more time for each crime
d. Private prisons
Answers
The correct answer is: d) Private prisons. In the United States of America, incarceration is a pressing issue as its incarcerated population is one of the largest in the world.
There are several reasons cited for the growth in incarcerated populations such as federal prison growth, increased probability of incarceration, and inmates serving more time for each crime. Private prisons, on the other hand, are not one of the reasons for the growth in incarcerated populations. Incidentally, private prisons are part of the reason for the growth of the American prison system.
Private prisons are a business enterprise where individuals who are found guilty of a crime are kept. These prisons are not funded by the government but by a corporation or company. Inmates are incarcerated to serve their sentences in private prisons.
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Why is it important to maintain network relationships, even after you have found a job?
a. You never know when you are going to have to find a new job.
b. You can return the favor by helping network members with career advice and job leads.
You will remain informed and connected to people in your field.
d. All of the above
C.
Please select the best answer from the choices provided
ΟΑ
B
С
OD
Answers
Answer:
D (all of the above)
Explanation:
When a person has gotten a job, it is critical to keep network contacts since a person never know when he will need to locate a new career, and he will stay informed and connected to bin his sector.
What is network relationships?Relationship networking is another name for network relationships. It's all about making connections and finding ways for both sides to gain. Like the relationship, networking and partnerships intersect in numerous ways, resulting in economic potential.
Even when a person has gotten a job, it is critical to keep network contacts since you never know when you will need to locate a new career, and he will stay informed and connected to people in the sector.
With the utilization of network ties, an individual might refund the kindness by supplying career counseling and job metals to network members.
Therefore, option D is correct.
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10. a jar contains dimes and quarters. there are 15 more quarters than dimes. the coins total $23. how many of each coin is in the jar? what is this question asking you? dimes quarters number of dimes: number of quarters:
Answers
This question is asking you to find the number of dimes and quarters in a jar, given that there are 15 more quarters than dimes, and the total value of the coins is $23.
To solve this problem, we can use algebra. Let's call the number of dimes x and the number of quarters y.
From the problem, we know:
y = x + 15 (because there are 15 more quarters than dimes)
0.1x + 0.25y = 23 (because the total value of the coins is $23 and dimes are worth $0.1 and quarters are worth $0.25)
We can substitute the first equation into the second equation:
0.1x + 0.25(x+15) = 23
Solving for x:
0.1x + 0.25x + 3.75 = 23
0.35x = 19.25
x = 55 (dimes)
We can now use the first equation to find the number of quarters:
y = x + 15
y = 55 + 15
y = 70 (quarters)
So the jar contains 55 dimes and 70 quarters.
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Measures of product development success can be organized in what three categories?
A. Time to market, productivity, and quality
B. Cost, quality, and speed
C. Speed, cost, and effectiveness
D. Efficiency, effectiveness, and value
E. Timeliness, quality, and cost
Answers
B. Cost, quality, and speed. These three categories are commonly used to measure product development success, as they capture key aspects of a product's performance and market readiness.
Cost refers to the financial resources required for product development and production. Quality encompasses the degree to which a product meets customer requirements and expectations.
Speed refers to the time it takes to develop and launch a product, including the efficiency of the development process. By evaluating success in terms of cost, quality, and speed, organizations can assess the effectiveness of their product development efforts and make informed decisions to improve performance and competitiveness.
These metrics are widely recognized and utilized in various industries to gauge the success of product development initiatives.
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rainbow ice sells snow cones for $3 per customer. variable costs are $2 per snow cone. fixed costs are $2,900 per month. what is the company's contribution margin per snow cone?
Answers
the contribution margin per snow cone is:
$3 - $2 = $1
What is selling price?Selling price is the price at which a company sells its products or services to customers. It is determined based on various factors such as production cost, competition, market demand, and profit margin. The selling price should cover the cost of production and expenses incurred while ensuring that the company makes a profit. The price is usually set higher than the cost of production, taking into account the value of the product or service, as well as the brand and reputation of the company. The selling price may also be adjusted based on factors such as promotional offers, seasonal demand, and market conditions. A well-considered selling price strategy can help a company increase its revenue, market share, and profitability while providing value to customers.
The selling price per snow cone is $3, and the variable cost per snow cone is $2. Therefore, the contribution margin per snow cone is:
$3 - $2 = $1
This means that for each snow cone sold, Rainbow Ice contributes $1 to cover the fixed costs and generate profit
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Name FIVE factors that must be considered when choosing a form of ownership.
Answers
Answer:
1) financing, taxation,risk tolerance, continuity and transferability,entrepreneurial ability
Explanation:
,
Companies purchase inventory that is primarily in finished form and ready for resale to customers.a. Trueb. False
Answers
The given statement "Companies purchase inventory that is primarily in finished form and ready for resale to customers" is true because Companies purchase inventory that is primarily in finished form and ready for resale to customers, such as goods that have already been manufactured and packaged for sale.
Inventory refers to the goods that a company has on hand and available for sale to customers. Companies typically purchase inventory that is already in finished form and ready for resale, rather than raw materials or unfinished goods that require further processing. Examples of finished goods inventory include products that have been manufactured, packaged, and are ready for shipment to customers.
For companies that engage in retail sales, finished goods inventory is a critical component of their business operations, as it allows them to meet customer demand and generate revenue. Effective inventory management is essential for ensuring that a company has the right products available at the right time, while minimizing costs and reducing the risk of excess or obsolete inventory.
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1. Use the following information to answer the corresponding questions 2018 2019
Population 375 mil 400 mil
Labor Force 200 225
Unemployment Rate 6.30% 6.80%
A) For 2018, how many people are unemployed and how many are employed? B) For 2019 how many people are unemployed and how many are employed?
Answers
A) In 2018, there were 187.4 million people working and 12.6 million people were jobless.
B. In 2019, there were 209.7 million people working and 15.3 million people were jobless.
A) In 2018, to calculate the number of unemployed individuals, we first need to find the total number of individuals who are part of the labor force but not employed. This can be done by multiplying the labor force by the unemployment rate:
200 x 0.063 = 12.6 million
So in 2018, there were 12.6 million individuals who were unemployed. To find the number of employed individuals, we can subtract the number of unemployed from the labor force:
200 - 12.6 = 187.4 million
Therefore, in 2018, there were 12.6 million unemployed individuals and 187.4 million employed individuals.
B) In 2019, we can use the same process to calculate the number of unemployed and employed individuals:
225 x 0.068 = 15.3 million
So in 2019, there were 15.3 million individuals who were unemployed.
225 - 15.3 = 209.7 million
Therefore, in 2019, there were 15.3 million unemployed individuals and 209.7 million employed individuals.
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1. To begin to understand stocks, we have to know what companies sell stock. Define: What is a corporation?
Answers
Answer:
Here is a guide...
Explanation:
One place to find lists of index components or company stocks that make up an index is the website of the index maker. For example, you can find the list of company stocks included in the Nasdaq 100 by going to Nasdaq.com. Going straight to the primary source—the website of the index maker—is usually ideal.
True or False? everything else constant, the coupon rate on a junk bond will be lower than the coupon rate on an investment grade bond.
Answers
The given statement is false because the coupon rate of junk bonds have a higher risk of default compared to investment grade bonds, and investors require a higher return (coupon rate) to compensate for that additional risk.
Investment-grade bonds are issued by companies or governments with a lower risk of default and are rated BBB- or higher by rating agencies like Standard & Poor's, Moody's, and Fitch. On the other hand, junk bonds, also known as high-yield bonds, are issued by companies with a higher risk of default and are rated BB+ or lower.
Since investors demand a higher return for taking on higher risks, junk bonds offer higher coupon rates to compensate for the higher risk. Investment-grade bonds, on the other hand, have lower coupon rates because they are considered less risky.
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A writer, an illustrator, a publisher and an agent would form a ______. a. functional team b. cross-functional team c. management team d. corporate team please select the best answer from the choices provided a b c d
Answers
A Cross-functional team will be formed when a writer, an illustrator, a publisher and an agent work together.
What is a Cross-functional team?This means the groups of people from various departments in an organization that work together to achieve a common goal.
Hence, when writer, an illustrator, a publisher and an agent work together, this is known as a Cross-functional team.
Therefore, the Option B is correct.
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Select the correct answer. Which statement describes the concept of number sense?
A. an ability to solve numerical equations
B. an ability to add, subtract, multiply, and divide
C. an ability to use formulas to calculate a solution
D. an ability to understand numbers and their relationships
Answers
Answer:
D. an ability to understand numbers and their relationships.
Air Environment installs central air conditioning at Bob's office premises, for a contract price of $5,600. The air conditioning system is installed, but there are defects in workmanship that will cost $1,740 to remedy. What payment is Air Environment entitled to?
Select one:
a.
The full contract price of $5,600 minus the cost to rectify the defects, as the defects would be considered to be minor relative to the contract price, indicating that the contract has been substantially performed.
b.
Nothing, as they did not substantially perform the contract.
c.
The full contract price of $5,600, as this is what was agreed between the parties.
d.
Nothing, as they have acted contrary to industry standards.
Answers
Air Environment is entitled to the full contract price of $5,600 minus $1,740.
Air Environment is entitled to the full contract price of $5,600 minus the cost to rectify the defects. This is because the defects in workmanship are considered to be minor relative to the contract price. The concept of substantial performance comes into play here. Substantial performance means that even though there are minor defects, the contractor has completed the majority of the work as agreed upon in the contract.
In this case, the air conditioning system has been installed, and the defects in workmanship can be remedied for a cost of $1,740. Since the defects are considered minor in comparison to the contract price of $5,600, Air Environment is still entitled to receive the full contract price. Therefore, option a. is the correct answer.
To summarize:
- The contract price is $5,600.
- The defects in workmanship can be remedied for a cost of $1,740.
- Substantial performance allows Air Environment to receive the full contract price minus the cost to rectify the defects.
- Therefore, Air Environment is entitled to the full contract price of $5,600 minus $1,740.
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who knows where you cant get your mom to stop yelling
Answers
Answer:you cant my parents do the same
Explanation:
theres no help
Answer:
if u mom yells at you for a certain (for example if she yells at u for not cleaning up then u should maybe clean so she wouldn't have to yell at u for that reason)
Explanation:
write one page discussion about the statistics for SW projects completion in budget or over-budget highlighting the possible reasons for such delays. You could also include the discussion about the delays in statistics.
- identify 5 major SW system failures and discuss them from the perspective of component/technology which led to this failure; impact on the industry; impact on consumers
Answers
Ensuring software development projects stay within budget and avoid delays is crucial for success. Effective cost management practices, accurate estimation, clear communication, and thorough testing are essential to mitigate risks and deliver high-quality software.
The completion of software development projects within budget is crucial for the success of software development teams. Software projects often face challenges such as cost overruns and time delays, which can lead to delivering a project with reduced functionality compared to the original plan. Various factors contribute to these overruns, including resource shortages, inaccurate effort estimation, changing requirements, and technological advancements. Effective cost management practices are vital for organizations to ensure they stay within budget.
When looking at statistics related to software project completion, it becomes evident that many projects struggle to meet their goals:
- According to a survey by Geneca, 75% of business and IT executives agreed that their software development projects failed. Insufficient budget, lack of user involvement, and incomplete requirements were cited as the main reasons for these failures.
- The Standish Group's CHAOS Report reveals that only 29% of software projects are considered successful, while 52% are considered challenged, and 19% are deemed failed.
- The Project Management Institute (PMI) conducted a survey stating that organizations waste an average of $97 million for every $1 billion invested in projects due to poor project performance.
Delays in software development projects also have a significant impact on project outcomes. Here are some statistics related to project delays:
- The Standish Group survey shows that 45% of software development projects experience delays, with an average delay of five months according to a study by Deloitte.
- Geneca's report highlights that 78% of companies miss software project deadlines by 50% or more.
- The PMI survey indicates that 56% of project managers attribute project delays to budget constraints, while changing priorities and resource availability are also cited as significant factors.
Several reasons contribute to these delays:
1. Insufficient budget: Inadequate budget allocation hinders project progress and causes delays.
2. Changing requirements: Evolving requirements during the development lifecycle, if not managed effectively, can lead to project delays.
3. Lack of communication: Poor communication among stakeholders, developers, and project managers can result in misunderstandings and subsequent delays.
4. Lack of testing: Inadequate testing practices can lead to delays as issues and bugs remain undetected until later stages.
5. Resource shortages: Shortage of skilled developers, designers, or testers can cause delays in project execution.
There have been notable failures in major software systems, which exemplify the impact of software defects:
1. Therac-25 (Radiation Therapy Machine): The software defect caused the machine to administer fatal radiation doses, resulting in six deaths.
2. Knight Capital Group (Trading Software): A software bug led to the company losing $460 million in just 45 minutes.
3. Mars Climate Orbiter (NASA spacecraft): A software error caused the spacecraft to crash, resulting in its loss.
4. Ariane 5 Rocket (ESA): A software bug caused the rocket to self-destruct shortly after liftoff.
5. Toyota Unintended Acceleration (Automobile): Software defects in the car's electronic throttle control system caused uncontrollable acceleration.
These software failures have significant consequences for the industry and consumers:
- The industry experiences substantial financial losses and damage to its reputation, leading to a loss of confidence and potential litigation costs.
- Consumers may suffer injuries or financial losses due to software failures, and their trust in the affected products or services can be severely compromised.
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The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
Answers
How do you get people to back off
Answers
Answer:
tell them you'll beat am up lol
Answer:
Tell them "Yoooo get the f away or imma push you away"
All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT: Price is equal to average revenue. Price is equal to average revenue. A Individual firms produce output where marginal cost equals marginal revenue. Individual firms produce output where marginal cost equals marginal revenue. B Firms can affect the selling price of their product. Firms can affect the selling price of their product. C The market has a large number of firms. The market has a large number of firms. D Firms can easily enter or exit the market.
Answers
Meg's Manufacturing Company can make 217 units of a component part for variable costs of $161,608 and fixed costs of $32,186. The compnay decides the buy the part externally instead for $150,313 and $5,159 of the fixed costs will be avoided. How much will net income increase or decrease
Answers
Given: The company can make 217 units of a component part for variable costs of $161,608 and fixed costs of $32,186.The company decides to buy the part externally instead for $150,313 and $5,159 of the fixed costs will be avoided. The net income will increase by $2,085,740.
Formula to calculate net income: Net Income = Total Revenue - Total ExpensesTotal Expenses = Fixed Costs + Variable CostsFor producing 217 units, the cost incurred:Fixed Costs = $32,186Variable Costs = $161,608Total Expenses = $32,186 + $161,608 = $193,794When the part is purchased from the external market: Fixed Costs = $32,186 - $5,159 = $27,027Variable Costs = $150,313Total Expenses = $27,027 + $150,313 = $177,340.
Now, to find the net income: Net Income = Total Revenue - Total ExpensesGiven, the variable cost to manufacture the unit is $161,608; while, when purchased externally, it costs $150,313. Hence, the cost saved per unit = $161,608 - $150,313 = $11,295So, for 217 units the cost saved will be = 217 × $11,295 = $2,450,715.
Now, the company will save fixed costs of $5,159. Therefore, the total savings = $2,450,715 + $5,159 = $2,455,874Now, when the company will purchase the part externally, the total expenses will be reduced to $177,340.Net Income = Total Revenue - Total Expenses=> Net Income = $0 - ($193,794 - $2,455,874 - $177,340) = $2,085,740.Therefore, the net income will increase by $2,085,740.
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Which of the following three situations is least likely to occur at the same time as the other two situations? Why?
1) Real GDP is less than potential GDP.
2) An economy in a strong, 5-year expansion.
3) An unemployment rate above the natural rate of unemployment.
Answers
Answer: I'm going to take a guess and say 1 and 3.
Explanation: Just taking a guess.
Mcdonald discusses the risky business of joining organizational forces across borders and cultures due to failure rates of __________.
Select one:
a. 5-10%
b. 10-20%
c. 40-80%
d. 90-95%
Answers
In his discussion of joining organizational forces across borders and cultures, McDonald highlights the risks involved and the potential for failure rates. The failure rates can be attributed to several factors including cultural differences, language barriers, legal issues, and logistical challenges.
These challenges can result in miscommunication, misunderstandings, and ultimately the failure of the partnership.The answer to the question of what the failure rates are in these situations is option c, 40-80%. While there is no exact figure, studies have shown that the failure rate of cross-border mergers and acquisitions is around 50-60%. This high rate of failure can be attributed to a variety of factors, including cultural differences, lack of cultural sensitivity, and differences in management styles. Moreover, these challenges can result in mistrust, conflicts, and resistance to change.To overcome these challenges and reduce the failure rates, organizations need to develop a comprehensive plan that includes pre-merger preparation, clear communication strategies, and cultural training. This will help to build trust, improve communication, and create a collaborative environment. Moreover, it is essential to identify and address cultural differences, establish common goals, and ensure that all stakeholders are aligned with the vision and mission of the partnership. By doing so, organizations can mitigate the risks and increase their chances of success.
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According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to.
Answers
According to the liquidity premium theory of the term structure, a flat yield curve indicates that short-term interest rates are expected to remain constant.
What does a flat yield curve mean?A flat yield curve is an indicator that interest rate would be constant. The long term and short term interest rate would be the same. A downward sloping yield curve can also be an indicator that there is an expectation of lower inflation rate in coming years.
If the yield curve is upward sloping, the short term interest rate would be lower than the long term interest rate
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List qualities a good manager should have. What are the advantages and drawbacks of being in a position of authority?The qualities of a good manager are:The advantages of being a manager are:The drawbacks of being a manager are:
Answers
What is normative economics concerned with?
Answers
Answer: Normative economics is concerned with value judgements.
Explanation: It deals with the study of and presentation of policy prescriptions about economics. Normative statements are statements which cannot be supported or refuted by evidence. Ultimately, they are opinions about how economics and markets should work.
Answer:
Normative economics focuses on the value of economic fairness, or what the economy "should be" or "ought to be." While positive economics is based on fact and cannot be approved or disapproved, normative economics is based on value judgments.
Explanation:
what is local technology
Answers
when the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is:
Answers
When the opportunity cost associated with increasing the production of one good or service in terms of another is constant at every level of production, then the production possibility frontier is linear.
The production possibility frontier or PPF is a curve on the graph which illustrates the possible quantities which can be produced of two products and if both depends upon the same finite resources for their manufacturing. The PPF is also referred to as production possibility curve.
PPF also do play a crucial role in economics. It demonstrates that whether a nation's economy has reached the highest level of efficiency possible or not.
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Stanley Inc. must purchase $6,000,000 worth of service equipment and is weighing the merits of leasing the equipment or purchasing. The company has a zero tax rate due to tax loss carry-forwards, and is considering a 5-year, bank loan to finance the equipment. The loan has an interest rate of 10% and would be amortized over 5 years, with 5 end-of-year payments. Stanley can also lease the equipment for 5 end-of-year payments of $1,790,000 each. How much larger or smaller is the bank loan payment than the lease payment? Note: Subtract the loan payment from the lease payment.
a. $177,169
b. $196,854
c. $207,215
d. $217,576
e. $228,455
Answers
The amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
Bank loan paymentIn order tom determine the bank loan payment we would be using financial calculator find the PMT by inputting the below data
N= Number of years = 5
1/Y= Interest rate= 10%
PV=Present value= -$6,000,000
FV=Face value = 0
PMT=Payment=?
Hence:
PMT=$1,582,784.88
Now let determine the bank loan payment
Bank loan payment=$1,790,000 -$1,582,784.88
Bank loan payment=$207,215
Inconclusion the amount larger or smaller is the bank loan payment than the lease payment is: c. $207,215.
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2. a) What are the key lessons from the step "Define Your Core"? Give Examples. How does preparing a "Competitive Positioning Chart" allows you to benefit in your journey. Give examples. b) While designing business model, what are the key considerations an entrepreneur must take? Explain and Give EXAMPLES of each of the ‘Business Models" option mentioned in the Disciplined Entrepreneurship book.
Answers
a) Key lessons from the step "Define Your Core": The Define Your Core is the initial step in the Disciplined Entrepreneurship framework. It involves defining the goals, target market, and value proposition. Below are the key lessons from this step:
1. Clearly identify your target market and what unique value proposition will meet their unmet needs.
2. Conduct market research to understand your target market better.
3. Make your product or service more accessible and beneficial to your target market.
4. Create a positioning chart to determine your competitive advantage in the market.
Preparing a "Competitive Positioning Chart" allows you to benefit in your journey in the following ways:
1. It helps you identify your position in the market and how you compare to your competitors.
2. It highlights areas where you can improve your product or service to be more competitive.
3. It shows how you can differentiate yourself from your competitors by offering something unique and valuable.
Example of Competitive Positioning Chart:
b) Key considerations an entrepreneur must take while designing a business model:
Designing a business model requires careful consideration and planning. Below are some key considerations an entrepreneur must take while designing a business model:
1. Target Market: Identify the target market and understand their needs.
2. Revenue Stream: Choose a revenue stream that is aligned with your target market and business model.
3. Cost Structure: Develop a cost structure that is appropriate for your business model.
4. Key Resources: Identify and acquire the necessary resources to support your business model.5. Partnerships: Identify and establish strategic partnerships to enhance your business model.
The Disciplined Entrepreneurship book mentions the following business models:
1. High Margin, Niche Model2. Subscription Model3. Standard Model4. Freemium Model5. Razor and Blade Model
6. Platform Model
Example of Business Models:
a) High Margin, Niche Model: This model focuses on a small market segment but generates high profits. For instance, high-end watches and luxury cars.
b) Subscription Model: This model involves charging customers a recurring fee for access to a product or service.
c) Standard Model: This model involves selling products or services at a fixed price.
d) Freemium Model: This model offers a basic version of the product or service for free and charges for additional features.
e) Razor and Blade Model: This model involves selling a product at a low price and making a profit from selling complementary products. For example, printers and ink cartridges.
f) Platform Model: This model involves creating a platform where buyers and sellers can interact and trade.
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