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- What is a business model? Why is it important for a firm or Company to have a business model? Provide and discuss an example of a specific company's business model to illustrate your answer.What does a business model represent?Could writing a conventional business plan ever causemore harm than good? Explain your answer?
- What is the rule of three? Suppose you worked for a small firmin a large industry, such as a small manufacturer of furniture.How might you actually use the rule of three to enhance yourfirm’s position in the marketplace?How business can get the Demands of Large Customers?Is there a way to create a successful SMIS?
- 1. What can a restaurant manager do to help food costs? 2. How does a restaurant manager ensure that food cost changes will not only help the operations of the business but also keep your customers happy?do you think before the business is just merely earning profit? did it change your vire of what is really business?What is a business model? What is the purpose of the business plan? Explain examples of successful business models.