Approaches to Business Models

Comparable to strategic resources, ordinary resources can be used to build profitable business models. However, a business model leveraging many ordinary resources will often take a different approach that one focused on scarce strategic resources. BUSINESS MODELS FOCUSED ON STRATEGIC RESOURCESBUSINESS MODELS FOCUSED ON ORDINARY RESOURCESACCESSIBILITY OF RESOURCESScarcity (unique and protected)Abundance (available or discarded)CONNECTION TO RESOURCESOwnership/ProtectionSharing/AccessVALUE AWARENESS OF RESOURCESHigh ValueLower ValueCOST OF ACQUISITIONHigh CostLower Cost

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