The environment influences business model design from "summary" of Business Model Generation by Alexander Osterwalder,Yves Pigneur
When creating a business model, it is crucial to consider the external environment in which the business operates. The environment plays a significant role in shaping the design of a business model. External factors such as economic conditions, technological advancements, regulatory changes, and market trends can all have a direct impact on how a business model is developed. For example, technological advancements can create new opportunities for businesses to innovate and disrupt traditional industries. This can lead to the creation of new business models that leverage technology to deliver value to customers in new ways. On the other hand, regulatory changes can impose constraints on how businesses operate, forcing them to adapt their business models to comply with new regulations. Market trends also...
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