Effective business models create sustainable competitive advantage from "summary" of Business Model Generation by Alexander Osterwalder,Yves Pigneur
Business models are a crucial element in determining the success of a business in the long run. They serve as the foundation upon which a company builds its strategy, operations, and competitive advantage. An effective business model is one that not only helps a company generate revenue but also enables it to sustain its competitive edge over time. Creating sustainable competitive advantage is essential for a business to thrive in today's dynamic and competitive environment. A business model that is able to create sustainable competitive advantage allows a company to differentiate itself from its competitors and maintain its position in the market. This advantage can come from various sources, such as unique value propositions, efficient operations, strong customer relationships, or innovative products and services. By focusing on creati...
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