Business Model Adaptation searches the evolution of a Business Model to better fit into market changes. BMA is a response to external causes. While Business Model Innovation may be driven by internal as well as external factors and its objective is to disrupt the market.
Tag: Business Models
Business Model Canvas is a simple and practical way to graphically represent the different building blogs of a Business Model, used by more than 5+ million practitioners all over the world.
“Business Model” refers to the logic of a company, how it operates and how it creates value for its shareholders.
Instead, “Strategy” is the choice of business model with which the company will compete in their market.