BUS 400 week 4

Resources: BMC Step‐by‐Step

BUS‐400‐Q2758 Driving Business Opportunities 23EW2 MA

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Resources: BMC Step-by-Step - BUS-400-Q2758 Driving Business Opportunities 23EW2 https://learn.snhu.edu/d2l/le/content/1414257/viewContent/28245715/View

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Required Resources

RReeaaddiinngg: The 20 Minute Business Plan: Business Model Canvas Made Easy

(https://www.alexandercowan.com/business-model-canvas-templates/)

This webpage contains a comprehensive collection of materials on the business model canvas (BMC). It

provides activities to “tease out” deeper responses to each of the nine building blocks of a BMC.

As you explore, consider the company you selected and the product/service you are proposing, and think

about the following:

• What is the most important problem (facing the customer) to consider?

• Is this the central idea to focus on?

• What facts are most important?

RReeaaddiinngg: How To Create a Crystal Clear Business Model Canvas (https://www.strategyzer.com

/blog/posts/2015/3/19/how-to-design-a-crystal-clear-business-model-canvas)

This article provides a checklist you can follow to ensure your BMC is clear and accurate.

Consider the following as you read:

• How granular should your business model be?

• How will color coding help you create a better model?

• What are the facts and assumptions in your business model?

RReeaaddiinngg: 4 Mistakes That Can Kill Your Business Model (https://www.strategyzer.com/library/4-

mistakes-that-can-kill-your-business-model)

In this article, you will learn about some common mistakes to avoid when creating your business model.

Consider the following as you read:

• Which aspects of the product-market �t and its value proposition can lead to failure?

• Which factors of the business environment can impact the business model?

• Which factors should you carefully plan for during the project execution?

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Resources: BMC Step-by-Step - BUS-400-Q2758 Driving Business Opportunities 23EW2 https://learn.snhu.edu/d2l/le/content/1414257/viewContent/28245715/View

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Activity Details

Explore these resources, which will help you learn how to develop a strategy via a BMC to offer a new product or

service as part of the portfolio of an existing company.

Resources: BMC Step-by-Step - BUS-400-Q2758 Driving Business Opportunities 23EW2 https://learn.snhu.edu/d2l/le/content/1414257/viewContent/28245715/View

3 of 3 11/12/2023, 9:12 AM