In: Operations Management
Capstone homework: write a literature review for a Tax Business Plan
The tax business plan describes the reasons for how
organizations are created, distributed and captured in values in
their economic, social, cultural or other contexts. The process of
building and modifying a business model is called business modeling
and part of the business strategy.
In theory and practice, the term business model is used for many
informal and formal descriptions to represent key aspects of the
business, including the purpose, business, customer, goals,
strategies, strategies, infrastructure, supply structures, business
practices and operations. Processes and policies including
culture.
Many different interpretations and definitions of the business
model are provided in the literature. Systematic monitoring and
analysis of the responses of the surveyers determines business
models, such as organizational structure, to guide business
opportunities. The extension of logic to this design emphasizes the
use of narrative or coherence in describing business models as the
mechanism by which entrepreneurs create successful companies.
Business models are used to describe and classify businesses,
especially in entrepreneurial situations, but they are also used by
managers in companies to explore opportunities for future
development. A well-known business model can work as a "recipe" for
creative managers. In some cases, the business model is indicated
in the accounting context for public reporting purposes.