BUSINESS DRIVEN TECH (LL)+CONNECT >BI<
BUSINESS DRIVEN TECH (LL)+CONNECT >BI<
18th Edition
ISBN: 9781260393569
Author: BALTZAN
Publisher: MCG
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Chapter 14, Problem 1OC
Program Plan Intro

EBusiness Model:

  • An ebusiness model is a company’s plan for how it will create, deliver, and generates revenue on the internet and make a profit.
  • It lays out a step by step plan of action for profitable operation of a business in a specific marketplace.
  • The term business model is used to represent the core aspects of business which include purpose, strategies, business process infrastructure, trading practices, etc.
  • Business model is divided into mainly four categories as follows:
    • Business-to-business (B2B)
    • Business-to-Consumer (B2C)
    • Consumer-to-business (C2B)
    • Consumer-to-consumer (C2C)

Slack:

Slack is a communication application that provides many services such as real-time messaging, archiving, and searching. Slack is an acronym for “Searchable Log of All Conversation and Knowledge”.

Expert Solution & Answer
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Explanation of Solution

Ebusiness model implemented by Slack:

Slack is a primarily enterprise level B2B company. They relies on users needing information which they slacked before some time and if that message is beyond the free thresh hold then a subscription fee is charged by the Slack to read those messages on a per user basis.

B2B Business Model:

  • It includes businesses buying from and selling to each other over the internet.
  • In B2B, the customer is business entities.
  • In B2B, the business relationships may last for long periods.
  • B2B focus on the relationship with the business entities.
  • The most well-known B2B websites is the Alibaba B2B marketplace.

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