A Business Model For A Big Corporation

It is never easy to do good for the society. It comes with many complications. Money, effort, oppositions. It is never easy and especially to do it in New york city, the centre of all economic opportunities, just makes it even more difficult. It all started in 2006, under the leadership of former mayor, Michael Bloomberg, when “the city planning department conducted a survey of city bicycle commuters and recreational cyclists in 2006”( Lyon 4) to see the feasibility of NYC city bike share program. The main intention or rather the main motive for introducing a bike share program was to “maximise efficiency of existing mass

In the article “How Airbnb Short-Term Rentals Exacerbate Los Angeles’s Affordable Housing Crisis”, Dayne Lee argues, “unions and hotels complain that Airbnb unfairly competes with skirting public health regulations, and undercutting unionized hotel workers by connecting its hosts with independently contracted cleaners.”

Sharing economy is a business and a service built around sharing and renting assets, where the technology has a big involvement, as it’s used as communication between the renter and the borrower. Sharing economy has its advantages and disadvantages, and Suzanne Bearne, Catharine Hamm and Mary Dejevsky are 3 writers that express their knowledge and views relating to the topic of sharing economy.

Costco is one of the top wholesale retailer brands in the USA. It has also a unique membership business model. It serves its customers in the best way by providing them selected branded products. Its members enjoy special savings offer. Its products and services are very nicely matched to its customers. Its customer service department always ready to clarify and deliver the customized services to every customer. It also provides customers a chance to give their valuable suggestions. These suggestions are used to make necessary changes in their products for stocks as well as improvement in customer’s membership services.

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Finally Botsman and Rogers (2011), after categorizing the market places where physical goods can be shared, exchanged and rented claim that such practices can be implemented with intangible goods as well. In other words, assets such as skills, money and space can be shared and exchanged in a network of people with similar interests. These shared systems are named Collaborative Lifestyles and in this category, they are included exchanges in a local level, such as sharing working spaces (eg THECUBE London), errands (eg Taskrabbit) and skills (eg Skillshare) as well as in a global level in sectors like P2P social lending (eg Zopa) and travel (eg CouchSurfing)( Botsman and Rogers, 2011).

Amy Westervelt’s article “Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business” explains how bike-sharing programs work and what you can do to benefit your health. The bike sharing business that the author spoke about the sharing business in the small town in California that the author grew up in. This business came to naught because bikes were stolen and poorly managed. But the sharing business in Paris succeeded, and the bike-sharing businesses all around the world. Bike-sharing businesses became more fortuitous with improved bikes, advertising and funding. The bike-sharing program in Paris must have been managed a lot prominent with preferable schemes for bikes and the city that the program is in. They also had a

Hotel rooms usually accommodate everybody to their preferences, but for those people that will not trade the comfort of their home for anything, Airbnb allows people to stay at people’s houses. As people search for rooms they can also get to know the home owners so they do not get blind sighted in case they are not the friendliest people. As well as saving time and money instead of going through the hassle of booking a hotel room. This online website makes traveling easier for people of any preferences and anywhere in the world. The Airbnb commercial, We Accept, considerably influences the general public to not only accept all types of people, but to show them they are welcome anywhere by using different types of people.

A good example is a children?s clothing store. They must be able to understand what has made their competitors like Carter?s and

Amy Westervelt’s article “Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business” explains how bike-sharing programs have become a success and how they have simply failed and how great they are for our community. The bike system in Ojai was mismanaged and was not successful, the program became mismanaged and the bikes were being stolen. Then she read about Paris creating a bike-sharing program in 2007, and negative vibes began to arise. As there are many different bike-sharing programs in the united states, there all a little different from one another. The programs have changed throughout the years. Bikes have become cooler, systems become easier to use, and the businesses have much better management. There has become

The company has beliefs that the custom printing will target a huge segment of clients, who are in need of quality printing. The management team wants to serve a competitive price depending on the design.

Airbnb, an online peer-to-peer platform founded in August 2008 and headquartered in San Francisco, enables hosts to list and rent out their own residential properties to visitors. This online platform not only offers visitors with cheaper accommodation while connecting them with local communities, but also benefits hosts financially by renting out part or all of their properties. However, while the consequence of sharing economy is positive to both visitors and hosts, there is no doubt that traditional industry such as hotel business has been affected in a negative way. As a result, Airbnb is not only under attack from the hotel industry and individuals who want to rent apartments in longer terms, but also is opposed by city authorities in terms of local housing laws, regulations and tax issues. According to recent news released on Financial Times, the New York Governor Andrew Cuomo signed a law that would impose fines on hosts who advertise short-term rentals on Airbnb, which the governor considered as a violation of current state law.

Airbnb & Uber are based on the platform business models which facilitates offering value to both the consumers and producers through the network effect. The consumers are offered a low-cost convenient cashless alternative to either reach a destination or have place to stay while the producers can make more efficient use of their car or a room to make additional income. In addition, both companies provide the ability to easily schedule, make payments, eliminate fear through crowdsource rating, empowers the micro-entrepreneurs, and lower the barrier to entry through low capital investment for both producers & consumers. Equally important, they also offer the micro-entrepreneur the flexibility in deciding their working hours or availability. Both Airbnb & Uber also share a very similar cost structure. There are three major components to their cost structure. The cost of technology, salaries for any permanent employees, and advertisement. As for the revenue streams, there are stark similarities between Airbnb & Uber. Both revenue streams are based on commission with some variation due to the industry. Through the platform business model, Airbnb & Uber are able to offer an optimal value proposition by creating value for their collaborators, customers, and the

M & S moderately or diligently aligns its products and ideas based on the dynamic or ever transforming market trends and fashion needs. According to the case study, M & S is highly concentrated in the fashion industry and its ever-growing demand for its exclusive garments and customized accessories. Hands-on approach is mostly utilised by modelling agencies to fulfil the industry’s standards, and in the process valued customers attain assistance from M & S to enable open communications pertaining to the required alters to be made to placement orders. M & S has put in place two forms of communications to assist customers who require to voice out changes

In the business world, strategy is probably the most often used and the most often confused term. The article ‘Why Business Models Matter’ clarifies and elaborates on crucial element of any organization. The Author, who also wrote, ‘What Management is’ asserts that the business model and strategy is the basis of any organization whether it be profit or non-profit. Magretta shows the outlines of business model and strategy. To make a big success in business, the first step is making a business model, when making a new business model, managers must think about all possible outcomes. She goes on further in the article to give examples successful organizations and their use of strategies to compete within the industry.