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This Concept Map, created with IHMC CmapTools, has information related to: Business Model, TARGET CUSTOMER Describe the customers a company wants to offer value to ???? CUSTOMER RELATIONSHIP explains the relationships a company establishes with its customers, CORE CAPABILITIES Outlines the capabilities required to run a company's business model ???? VALUE CONFIGURATION describes the arrangement of activities and resources, -how the company will develop a competitive sustainable advantage ???? Differentiation advantage, Cost advantage ???? Same benefits as their competitor but at a lower cost, Competative Strategy ???? -how the company will develop a competitive sustainable advantage, -how the company will develop a competitive sustainable advantage ???? Cost advantage, COST STRUCTURE Sums up the monetary consequences to run a business model ???? VALUE CONFIGURATION describes the arrangement of activities and resources, PARTNER NETWORK portrays the network of cooperative agreements with other companys ???? VALUE CONFIGURATION describes the arrangement of activities and resources, Revenue Generation & Margins ???? -How revenue is generated: I.E sales, leasing, subscription, support -Cost structure -Target profit margins, Position in Value network ???? -Identification of competitors, complementors, and any network effects that may add value to the customer, CORE CAPABILITIES Outlines the capabilities required to run a company's business model ???? PARTNER NETWORK portrays the network of cooperative agreements with other companys, Differentiation advantage ???? deliver benefits that exceed those of competing products, BUSINESS MODEL ???? Value Proposition, Value Proposition ???? -A description of the customers problem -The product that adresses the problem -The value of the product from the customers perspective, BUSINESS MODEL ???? Value Chain Structure, BUSINESS MODEL ???? Market Segment, DISTRIBUTION CHANNEL describes the channels to commnuicate and get in touch with customers ???? CUSTOMER RELATIONSHIP explains the relationships a company establishes with its customers, CUSTOMER RELATIONSHIP explains the relationships a company establishes with its customers ???? VALUE PROPOSITION Gives an overall view of a company's bundle of products & services, PARTNER NETWORK portrays the network of cooperative agreements with other companys ???? VALUE PROPOSITION Gives an overall view of a company's bundle of products & services, BUSINESS MODEL ???? Competative Strategy