Order Instructions
Goal: Demonstrate understanding of business models used in various business organizations.
LO1: Identify basic business concepts.
LO2: Identify the main forms of business organizations.
Prompt:
Business Models provide a framework for how to make or how to sell. Watch the video and answer the questions below.
The Explainer: What is a Business Model?
Conduct a little research on business models. Provide an example of how the industry assigned to you uses either the product &/or marketing business model.
The assigned industry for you to focus on this weeks business model, please use the first letter of your first name:
A-D Automobiles
E-H Banking/Financial
I-L Consumer Apparel/retail
M-P Food & Beverage
Q-V Household/Personal Products
W-X Materials (raw)
MINES WOULD BE (FOOD & BEVERAGE)