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The social business model is use of social media tools and social networking behavioral standards by businesses for communication with customers, suppliers, and others. Combining social networking etiquette [1] (being helpful, transparent and authentic) with business engagement on LinkedIn (for one-to-one interaction), Twitter (for immediacy ...
The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. It offers a visual chart with elements describing a firm's or product's value proposition, infrastructure, customers, and finances, assisting businesses to align their activities by illustrating potential trade-offs.
Platform canvas. The Platform Canvas is a conceptual framework dedicated to explain the mechanisms of multi-sided platform organizations, and how value is created, captured and delivered in the platform economy. [1] Multi-sided platforms, also called two-sided markets, like Amazon, Uber and Airbnb, create value primarily by enabling direct ...
Inclusive business model. An inclusive business model is a type of business model that seeks to create value for low-income communities by integrating them into a company's value chain on the demand side as clients and consumers, and/or on the supply side as producers, entrepreneurs or employees in a sustainable way. [1]
In these books, Yunus defined a social business as a business: Created and designed to address a social problem. A non-loss, non-dividend company, i.e. It is financially self-sustainable and. Profits realized by the business are reinvested in the business itself (or used to start other social businesses), with the aim of increasing social ...
Business model. Business model innovation is an iterative and potentially circular process. [1] A business model describes how an organization creates, delivers, and captures value, [2] in economic, social, cultural or other contexts. For a business, it describes the specific way in which it conducts itself, spends, and earns money in a way ...
Social innovation. Social innovations are new social practices that aim to meet social needs in a better way than the existing solutions, [1] [2] [3] resulting from - for example - working conditions, education, community development or health. These ideas are created with the goal of extending and strengthening civil society.
Soft systems methodology. Soft systems methodology (SSM) is an organised way of thinking [clarification needed] that's applicable to problematic social situations and in the management of change by using action. It was developed in England by academics at the Lancaster Systems Department on the basis of a ten-year action research programme.