What is a business model? How does it differ from a business plan?

1. What is a business model? How does it differ from a business plan?

2. What are the eight key components of an effective business model?

3. What are Amazons primary customer value propositions?

4. Describe the five primary revenue models used by e-commerce firms.

5. Why is targeting a market niche generally smarter for a community provider than targeting a large market segment?

6. Besides music, what other forms of information could be shared through peer-to-peer sites? Are there legitimate commercial uses for P2P commerce?

7. Would you say that Amazon and eBay are direct or indirect competitors?

8. What are some of the specific ways that a company can obtain a competitive advantage?

9. Besides advertising and product sampling, what are some other market strategies a company might pursue?

10. What elements of FreshDirects business model may be faulty? Does the business scale up to a regional or national size?