Business Driven Technology
7th Edition
ISBN: 9781259567322
Author: Paige Baltzan Instructor
Publisher: McGraw-Hill Education
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Question
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
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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