Author Question: What is the difference between standard business models and disruptive business models? Include ... (Read 141 times)

kfurse · **on:** Jul 6, 2018

What is the difference between standard business models and disruptive business models? Include examples of both in your answer.

What will be an ideal response?

Question 2

According to research in this area, it is more likely that an entrepreneur will get a new business idea through a ________ relationship than the alternatives.

A) weak-tie
B) moderate-tie
C) vertical-tie
D) lateral-tie
E) strong-tie

BUTTHOL369 · **Reply #1 on:** Jul 6, 2018

Answer to Question 1

Standard business models depict existing plans or recipes firms can use to determine how they will create, deliver, and capture value for their stakeholders. Examples include the advertising business model, the auction business model, the low-cost business model, and the manufacture/retailer business model. Disruptive business models, which are rare, are ones that do not fit the profile of a standard business model, and are impactful enough that they disrupt or change the way business is conducted in an industry or an important niche within an industry. Examples include Dell (which introduced the direct-to-consumer computer sales model), Google (which introduced the online advertising model), and Salesforce.com (which introduced the notion of software as a service, or SaaS).

Answer to Question 2

A