Transformative Business Model

Transformative Business Model

Assessment

Interactive Video

Business

University

Hard

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The video discusses a transformative business model theory by Cavadius and Locke, highlighting six key characteristics: personalized products, closed loop consumption, sharing costly assets, usage-based pricing, collaborative ecosystems, and market adaptation. These elements aim to increase customer value and reduce costs, creating strategic barriers to entry.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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