Premium Essay

Alternate Business Model

In: Business and Management

Submitted By nileshghule
Words 1211
Pages 5
Business Model Alternatives & Evaluation:
There are very few concepts and ideas that are widely discussed and studied using modern technologies as the business models in today’s business world. Success of business is related to the effectiveness and efficiency of its business model. Business models basically deals with two primary elements a) What business does, b) how the business makes money doing these things. While suggesting and evaluating the different models for Adam tablet we will be focusing on how Notion Ink can create, deliver and capture values.
Business Model of Notion Ink:
Notion Ink launched Adam tablet in 2010 through an online video release, as a competitor for Apple Ipad. Adam tablet was very much appreciated by tech savvy customers and got publicized through various online blogs. Presently Notion Ink is following an e-commerce business model where consumers can buy the tablet online. They are following a simple pre-order strategy for selling the Adam tablet.

Preorder Business Model of Notion Ink

Notion Ink executes the preorder strategy in three phases: 1) Preordering time Slot: Notion Ink announces opening of the preordering slot through their blogs and consumers can place orders through the website. Notion ink has only option of advance payment while ordering online. This period is determined by the predefined target sells which Notion Ink defines. 2) Manufacturing of the tablets: Once the specified orders are received the online ordering stops and tablets are produced. 3) Shipment of tablet: The manufactured tablets are then shipped through courier services to customers and then again new preordering slot gets opened on website. This is the cyclic business model of Notion Ink.
Evaluation of Preorder strategy model:
We have evaluated current business model on following parameters:
Cost Effectiveness: As we can see that…...

Similar Documents

Premium Essay

Tinab Ennett

...1 Emergency Alert 13 2.3.2 DR Procedures for Management 14 2.3.3 Contact with Employees 14 2.3.4 Backup Staff 14 2.3.5 Recorded Messages / Updates 14 2.3.7 Alternate Recovery Facilities / Hot Site 14 2.3.8 Personnel and Family Notification 14 3 Media 15 3.1 Media Contact 15 3.2 Media Strategies 15 3.3 Media Team 15 3.4 Rules for Dealing with Media 15 4 Insurance 15 5 Financial and Legal Issues 16 5.1 Financial Assessment 16 5.2 Financial Requirements 16 5.3 Legal Actions 16 6 DRP Exercising 16 Appendix A – Technology Disaster Recovery Plan Templates 17 Disaster Recovery Plan for 17 Disaster Recovery Plan for 19 Disaster Recovery Plan for Local Area Network (LAN) 21 Disaster Recovery Plan for Wide Area Network (WAN) 23 Disaster Recovery Plan for Remote Connectivity 25 Disaster Recovery Plan for Voice Communications 27 Appendix B – Suggested Forms 29 Damage Assessment Form 29 Management of DR Activities Form 29 Disaster Recovery Event Recording Form 29 Disaster Recovery Activity Report Form 30 Mobilizing the Disaster Recovery Team Form 31 Mobilizing the Business Recovery Team Form 31 Monitoring Business Recovery Task Progress Form 32 Preparing the Business Recovery Report Form 32 Communications Form 33 Returning Recovered Business Operations to Business Unit Leadership 33 Business Process/Function Recovery Completion Form 33 Information Technology Statement of Intent This document delineates our policies and procedures for......

Words: 4679 - Pages: 19

Premium Essay

Alternate Channnel

...MODEL ESSAY-IMPORTANCE OF ALTERNATE CHANNELS OF BANKING In the present era of Banking, state-of-the-art technology assumes strategic significance. It is precisely here that Alternate Channels of Banking are in prime focus. The importance of alternate channels arises from the fact that Banks are trying to shift from traditional ‘bricks-and mortar’ banking to ‘clicks and bricks’ banking. It is imperative that footfalls at Bank branches need to be drastically reduced to allow employees to focus on quality customer service, marketing of products, as well as to reduce costs. Banking transactions in a branch costs anything between Rs 35 and Rs 40/-, ATM transactions cost Rs 15/-and Rs 18/-, Internet Banking: Rs 10/- and Rs 12/- while mobile banking : Rs 2/- and Rs Rs 5/-. Recognising the market demand for technology, especially in the retail sector, SBI has very effectively catered to such challenge and has put all the modern channels of banking to optimum use. The various alternative modes of banking adopted by SBI are:  ATMs &Debit Cards,  Internet Banking  Mobile Banking.  Kiosk Banking  Customer Service Points  Banking through Business Correspondents and Business facilitators. The advantages of adopting these new modes of banking are manifold. For the consumer, it ensures  Freedom from the standing in the long queues;  Working from the comfort of their homes/workplace and  Round the clock accessibility. The benefits available to the Bank are:  Fast and secure delivery...

Words: 322 - Pages: 2

Free Essay

Decision Making Process

...for themselves or the company. Decision making can be very challenging because there are many factors involved. “Most managerial decisions lack structure and entail risk, uncertainty, and conflict” (Bateman, Snell (2011). These factors cause managers not to take action or ignore problems that are occurring. Managers can create efficient solutions for problems by following the decision making process. “The model decision making process has six stages that the decision should follow, which include (1) identify and diagnose the problem, (2) generate alternate solutions (3) evaluate alternatives, (4) make the choice, (5) implement decision, and (6) evaluate the decision” Bateman, Snell (2011). Everyone has had to have made decisions in their lives whether or not they were simple or complex. People may have even used the decision making process without even knowing what it was. I have used the decision making process without knowing what it was when I decided to attend University of Phoenix. I read about the decision making process and realized I had followed the model in some way or another. The Decision Making Process Most people set goals for themselves. Goals are set to be accomplished by a certain time. People make decisions their whole life growing up. Even as children people have set goals to do our homework, go school, and move up the next grade. As people get older they start to create new goals that require the decision making process. ......

Words: 1477 - Pages: 6

Premium Essay

Business System Analysis Cheat Sheet

...processes data about business transactions. A management information system (MIS): provides for management-oriented reporting based on other computer systems. A decision support system (DSS): provides information to help make decisions. An expert system: captures the expertise of workers and then simulates that expertise to the benefit of nonexperts. A communications and collaboration system: enables more effective communications between workers, partners, customers, and suppliers to enhance their ability to collaborate.An office automation system: supports the wide range of business office activities that provide for improved work flow between workers. Systems analyst – a specialist who studies the problems and needs of an organization to determine how people, data, processes, and information technology can best accomplish improvements for the business. Chap2 : Information systems architecture - a unifying framework into which various stakeholders with different perspectives can organize and view the fundamental building blocks of information systems. Knowledge (ERD), process (UML) and communication (Interface). Chap3 : Capability Maturity Model (CMM) – a standardized framework for assessing the maturity level of an organization’s information system development and management processes and products. Model-driven development – a system development strategy that emphasizes the drawing of system models to help visualize and analyze problems, define business requirements,......

Words: 1409 - Pages: 6

Premium Essay

Risk Management

...satisfaction levels across business divisions. 9 Descriptive Statistics 9 Hypothesis 9 Method used and the nature of the test 9 Reporting of Results 9 Interpretation of results 10 3.4 Question 4: Gender composition across divisions 11 Descriptive Statistics 11 Hypothesis 11 Method used 11 Reporting of Statistical analysis 11 Interpretation of results 12 3.5 Question 5: Years of service and overall satisfaction level 12 Null and alternate hypothesis 12 Method used 12 Nature of test used: 13 Reporting of Results 13 3.6 Question 6: Employment basis and their perception of their values. 14 Descriptive Statistics 14 Hypothesis 14 Method used and the nature of the test 14 Reporting of Results 15 Interpretation of results 15 3.7 Question 7: Difference between values employees placed on income and training opportunities 16 Descriptive statistics 16 Hypothesis 16 Method used and nature of the test 16 Reporting of statistical analysis 17 Interpretation of results 17 3.8 Question 8: Value on work social events and numbers of hours 18 Descriptive statistics 18 Hypothesis 18 Method used and nature of the test 18 Reporting of statistical analysis 19 Interpretation of results 19 3.9 Question 9: Relationship between salary and overall satisfaction 20 Null and alternate hypothesis 20 Method used 20 Nature of test used: 20 Reporting of Results 20 3.10 Question 10: Determinants of employees satisfaction level 21 Null and alternate hypothesis 21 Method......

Words: 5557 - Pages: 23

Premium Essay

Textiles Company Network Disaster Plan

...additioanl drives to accomadate the RAID systems installation. Raid 1+0 will provide the company with the necessary duplication of the data storage drives keeping uninterupted access to the necessary file and software during operations. It is a process that takes the data and duplicates it on multiple disks which allows disk failure to no have an effect on continuous use and leaves a finder on yet another drive for recovery in the event of data loss or total disk failure. Along with these messures it should be implemented that a online encrypted data storage unit be untilized such as Carbonite. This program is afforadble and takes away the necessity to remember to back up the new data and changed data that goes on during the course of business. It is ongoing behind the operating system so no need to stop and back up files or documents it is fully accessable any time and virtually from any where if the need so arises. In addition to the off site online storage the use of file backn up on a media such as DVD and stored at a predetemined location set by management to be used in the case of file corruption can be used for quick recovery or off site duplication if the need arises from a natural disaster. Now that the physical compnants have been decided on and an implemintaion plan has begun it is time to allocate a disaster recovery plan. With the physical atributes in place there needs to be a written plan and set of guidelines for the possibllity of a disaster be it man made......

Words: 1340 - Pages: 6

Premium Essay

Responsible Banking at Yes Bank

...Responsible Banking at Yes Bank is divided into 2 broad categories, 1. Responsible Banking – in thought 2. Responsible Banking – in action Responsible Banking – in thought: This is a strategic unit that undertakes sustainability research and development activities in order weave sustainability principles into the Bank’s long term business strategy and ensure triple bottom line accountability. Responsible Banking – in action: This division comprises strategic business units entrusted to address pertinent social and environmental development issues with financial solutions. These units include: 1. Microfinance Institutions Group 2. Inclusive & Social Banking 3. Agribusiness & Rural Banking 4. Sustainable Investment Banking Inclusive & Social Banking (ISB): Its objective is to reach out to the un-banked and under-banked population (in urban and rural areas) by leveraging on branch network, technology edge and relationship capital in the Public, Private and Social sectors. Working with the guiding principle of Frugal Innovations for Financial Inclusion, ISB is continuously developing innovative business models such as YES SAMPANN and forging partnerships for seamless implementation for the same. Agribusiness & Rural Banking: Its objective is to provide end-to-end financial solutions to stakeholders across the entire agricultural value chain, Yes Bank has domiciled a specialized group , “Agribusiness and Rural Banking” within......

Words: 400 - Pages: 2

Premium Essay


...Corporation SWOT Analysis SWOT ANALYSIS Toyota is one of the leading auto manufacturers in the world. Its strong market position supports the company in delivering sustainable business results which in turn creates value for the company. However, increased competition may lead to lower vehicle unit sales and large inventory, which may result in downward pricing pressure, thus impacting the financial condition and results of operations of the company. Strengths Weaknesses Strong market position and brand image creates value for the company Strong focus on research and development (R&D) provides competitive advantage Global footprint of production facilities allows low-cost manufacturing Litigations could impact brand image Frequent product recalls leads to loss of customer confidence Reliance on external suppliers for key supplies could affect business operations Opportunities Threats Growing global automotive industry could provide immense opportunities to boost financial performance Robust outlook for truck market supports business growth Poised to benefit from the growing demand for hybrid electric and alternate fuel vehicles Intense competition from large players impacts market share and margins Stringent governmental regulations affect business performance Strengths Strong market position and brand image creates value for the company Toyota has a strong market position in different geographies across the world. The......

Words: 3228 - Pages: 13

Premium Essay


...Corporate Finance, Sixth Edition, Alternate Edition III. Valuation of Future Cash Flows 8. Stock Valuation © The McGraw−Hill Companies, 2002 273 CHAPTER Stock Valuation 8 When the stock market closed on July 3, 2001, the common stock of McGrawHill, publisher of fine-quality college textbooks, was going for $67.40 per share. On that same day, stock in General Motors (GM), the world’s largest automaker, closed at $64.72, while eBay, the on-line auction company, closed at $69.16. Since the stock prices of these three companies were so similar, you might expect that the three companies would be offering similar dividends to their stockholders, but you would be wrong. In fact, GM’s annual dividend was $2.00 per share, McGraw-Hill’s was $0.98 per share, and eBay was paying no dividends at all! As we will see in this chapter, the dividends currently being paid are one of the primary factors we look at when attempting to value common stocks. However, it is obvious from looking at eBay that current dividends are not the end of the story, so this chapter explores dividends, stock values, and the connection between the two. I n our previous chapter, we introduced you to bonds and bond valuation. In this chapter, we turn to the other major source of financing for corporations, common and preferred stock. We first describe the cash flows associated with a share of stock and then go on to develop a very famous result, the dividend growth model. From there, we......

Words: 12686 - Pages: 51

Premium Essay


...Chapter 5 5. There is an advantage to stating the hypothesis both in the null and the alternate; it adds clarity to our thinking about what we are testing. Explain. The null hypothesis is set so that the alternate hypothesis becomes testable. When the observed Z value is greater than or equal to the critical Z value for a given confidence level (usually 95 percent), then we know that we ought to accept the alternate hypothesis. If, however, the critical Z value is more than the observed Z value for a given level of confidence, we would be inclined not to reject the null but to reject the alternate. Setting up the null thus helps us to understand that though the null hypothesis itself is not testable, it helps to decide whether we should accept or reject the alternate. 6. Develop a conceptual model for the scenario below. Incidence of smoking in movies has started to increase again, after having declined for several decades. According to the National Cancer Institute smoking is seen in at least three out of four contemporary boxoffice hits. What’s more, identifiable cigarette brands appeared in about one-third of all movies in 2008. Exposure to smoking in movies is an important predictor of adolescent smoking initiation: smoking in movies has been shown to affect adolescents’ intentions to start smoking. In turn, the intentions to start smoking are determined by a more positive attitude toward smoking after seeing a film character smoke. Recent research has revealed that the......

Words: 1221 - Pages: 5

Premium Essay

Database Modeling

...Database Modeling Kelli Clipp Business Systems Analysis INF322 Arman Kanooni February 10, 2013 This paper discusses database modeling and one tool that can be used for the process. The tool I’ve chosen is based on the material in our textbook and article ‘Modeling for the future’. Database modeling is the process of software engineering which allows for the creation of an information system. In the article ‘Modeling for the future’, they compare database modeling to constructing a house (Carreon, Wang, & Watt, 1996). This comparison is based on the fact that one would use a blueprint when building a house and database modeling can be considered as the same concept. A data model is in essence a blueprint or a plan for the database and without it the database may not be very well built, as with any program, house or building you need a plan. There are several tools available for database designers to utilize and the key is choosing the tool which is right to be used that will meet all the requirements of the database to be created. In the article ‘Modeling for the future’ they discussed and compared products from 1996, and although this article appeared to cover the four key products for database modeling at that time, the market has......

Words: 690 - Pages: 3

Premium Essay

Strategic Change Management

...Diploma in Strategic Management and Leadership – Level 7 Unit 3 Strategic Change Management CONTENT Introduction Understand the background to organisational strategic change 1.1 Discuss models of strategic change 1.2 Evaluate the relevance of models of strategic change to organisations in the current economy 1.3 Assess the value of using strategic intervention techniques in organisation Understand issues relating to strategic change in an organisation 2.1 Examine the need for strategic change in an organisation 2.2 Assess the factors that are driving the need for strategic change in an organisation 2.3 Assess the resource implications of the organisation not responding to strategic change Be able to lead stakeholders in developing a strategy for change 3.1 Develop systems to involve stakeholders in the planning of change 3.2 Develop a change management strategy with stakeholders 3.3 Evaluate the systems used to involve stakeholders in the planning to change 3.4 Create a strategy for managing resistance to change Be able to plan to implement models for ensuring on going change 4.1 Develop appropriate models for change 4.2 Plan to implement a model for change 4.3 Develop appropriate measures to monitor progress Conclusion References Introduction There are numerous objectives of an arranged change. Fundamentally the objectives are meant to enhance the capacity of the association to change in accordance with......

Words: 5017 - Pages: 21

Premium Essay

Mkt 310 Wk 6 Quiz 4 Chapter 9 & 10

...MKT 310 WK 6 QUIZ 4 CHAPTER 9 & 10 To purchase this visit here: Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 310 WK 6 QUIZ 4 CHAPTER 9 & 10 MKT 310 WK 6 Quiz 4 Chapter 9,10 1) The least flexible element of a retailer's strategy mix is ________. A) merchandise assortment B) human resources C) pricing D) location 2) The first step in choosing a store location is to ________. A) determine whether to locate as an isolated store, in an unplanned business district, or in a planned shopping center B) evaluate alternate geographic (trading areas) in terms of the characteristics of residents and existing retailers C) select the general isolated business district or planned shopping-center location D) analyze alternate sites contained in the specified retail location type 3) A trading area can best be defined as ________. A) those competitive stores that interchange customers B) stores that are located in the same shopping center or district C) a geographic area containing customers of a particular firm or group of firms for specific goods and services D) a designation of a retail area by the U.S. Census Bureau 4) A major benefit of a trading-area analysis is that it allows a retailer to determine ________. A) the demographic and socioeconomic characteristics of consumers B) a store's image C) the psychographics of shoppers versus nonshoppers D) the response of shoppers to promotional......

Words: 2308 - Pages: 10

Premium Essay

Hi Swot Analysis and Very Very

...* Nokia doesn't decrease the cost of the more established models when presenting another model restricting the pattern received by alternate organizations who lessen the costs, | 2. Compare and contrast Nokia and Microsoft regarding their global operations and competitive advantages. The Nokia - Microsoft vital union was reported in ahead of schedule 2011 to coordinate in the development of cell phones. The cooperation was particularly started by Stephen Elop, an ex- Microsoft official who had worked with Steve Ballmer, CEO of Microsoft. No big surprise Nokia contracted Elop to turn into its CEO in 2010. This was an ascertained move by Nokia to develop in an industry that conveyed great prospects for what's to come. Moreover, Elop's skill was in the product area, where Nokia needed to wander into what's to come. Both organizations required an accomplice to grow in an industry that was in a development mode. Other than this, Nokia was especially powerless due to its losing piece of the pie and in light of the fact that Apple's I Phone was developing in the U. S. what's more worldwide markets. Achievement of Apple's I Phone was an alternate consider looking for a long- term organization together in a market that has developed multifold in the worldwide cell telephone market. In 2012, Nokia was the biggest producer of cell telephones and other telecom equip on the planet with incomes of $ 55 billion and a business sector underwriting of $ 19 billion. Microsoft, then again...

Words: 1203 - Pages: 5

Premium Essay

Strategic Management accordance with full-benefit carriers so as to contend all the more successfully with Qantas in the business travel market. In 2011 it took this methodology further by presenting new outfits; new catering alternatives on board; new wide body airplane to rival Qantas on Perth – Sydney administrations; and the simultaneous presentation of business class in January 2012 together with another competitor and renaming of the brand to Virgin Australia Strategic analysis Strategic management process Strategy Management Process will be where managers settle on choices and activities that finishes up the long term execution of' an association. It holds ecological examining together inside and outside strategy formulation strategy on the other hand long run arranging, assessment and strategic implementation as well as control. The strategic procedure plan for the business, Management makes methodologies to guide how an association completes its business and how it will finish it objective's main management processes are creating and executing a strategy for business. The effective implementation of proper strategy is a demonstrated formula for business achievement. The method for check and balance either an association is it overseen are focused around magnificent methodology making together with well procedure execution. The strategic management is about getting to business logically. It is to some degree more than to take after the guidelines settled on the strategy. At the...

Words: 4835 - Pages: 20