Critical Analysis of Business Models - Case Study Example

Internet business models is one of the buzzwords in today's virtual community marketplace.... Introduction Internet business models is one of the buzzwords in today's virtual community marketplace.... His business models were e-shop, e-procurement, e-auction, e-mall, third-party marketplace, virtual communities, value-chain service provider, value-chain integrators, collaboration platforms, and information brokerage, trust and other services (Timmers, 1998)....

The author of the paper "Strategic Management - Critic of Management models" will begin with the statement that Porter's Five Forces model is designed with a focus on factors that built up the competitive advantage of a firm within the market (Afuah, 2003).... It is clear that the globalization of markets has led to a paradigm shift in how organizations-and especially multinationals-conduct their business operations.... odern global business is characterized by dynamic markets where industries have complex and multiple relations and product groups (Have, 2003)....

The essay "Importance of Decision-Making in Advanced Critical Theories" focuses on the critical analysis of the importance of decision-making in advanced critical theories.... The changing capacity and organization can be measured by using historical data and validating them with models at the individual level.... critical care is filled with uncertainty, variability, complexity, and numerous constraints.... It is very difficult to use controlled trials to obtain the required evidence for making good decisions regarding critical care capacity and organization (Buckingham and Adams, 2000)....

These models would be helpful to find out the current position of the organisation, areas of improvement, degree of changes required, and employees' performance.... The paper "The Human Resource business Partners" states that HR strategy is still subject to modifications as it is a powerful tactic for business managers to deal with the complex processes of employee relations.... PEST analysis is a widely adopted concept and it has a large number of applications as listed below; business planning: this tool gives accurate information to management regarding targets toward the development of new products....

The discussion will emphasise on critically discussing the findings of the article titled ‘Hofstede's model of national cultural differences and their consequences: A triumph of faith - a failure of analysis' with comparison to another similar articles based on Hofstede's model which shall be highly beneficial in understanding the rudiments of national cultural distinctiveness.... The article titled as ‘Hofstede's model of national cultural differences and their consequences: A triumph of faith - a failure of analysis' by McSweeney states that the Hofstede's model of cultural differences is an achievement in itself; however, there are certain dimensions included in the model lacking adequate analysis which turn it into disadvantages....

he literature that follows is based mostly on the work of Chesbrough and Rosenbloom, which according to Rasmussen (2002) is the only work of quality to date regarding the understanding of business models and how they are, developed (Rasmussen, B.... In the research paper 'The Relationship between business models, Theories and Techniques' the author critically assess the relationship between business models, theories and techniques, and the practical benefits and applications of such models....

While qualitative techniques involve in-depth analysis of cases to clearly outline the factors causing specific variations in business setups, quantitative analysis mainly involves the collection of general information such as consumer response and attitude towards a given product and is often based on concrete data derived from the field tests and observations.... The study notes that in complex business setups, more advanced techniques ANOVA can be utilized to process quantities of data and facilitate business forecasting....

In this case, the model is aligned with other widely-used models such as the PEST (political, economic, social-cultural, and technological) environment analysis model that purely considers the impact of the trends in the external environment on the future business performance (Bohm 2009).... However, critics point out that models such as PEST analysis offer the best solution to analyzing the dynamics that shape the external business environment.... Cullen (2005) describes SWOT analysis as a strategy tool that is useful for many purposes within the business....