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BUSINESS MODEL CANVAS#1

A strategic tool that outlines the key components of a business model, including value propositions, customers, and revenue streams.

EMERGING TECHNOLOGIES#2

Innovative technologies that are currently developing or will be developed over the next few years, such as AI and blockchain.

VALUE PROPOSITION#3

A statement that explains how a product or service solves a problem or fulfills a need for customers, differentiating it from competitors.

SCALABILITY#4

The ability of a business model to grow and manage increased demand without compromising performance or revenue.

MINIMUM VIABLE PRODUCT (MVP)#5

A basic version of a product that includes only essential features to satisfy early adopters and gather feedback for future development.

USER TESTING#6

A method to evaluate a product by testing it with real users to gather insights and improve functionality.

SWOT ANALYSIS#7

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats related to a business model.

INNOVATION#8

The process of translating an idea or invention into a good or service that creates value or for which customers will pay.

BLOCKCHAIN#9

A decentralized digital ledger technology that securely records transactions across multiple computers.

ARTIFICIAL INTELLIGENCE (AI)#10

Simulation of human intelligence processes by machines, especially computer systems, used for data analysis and decision making.

MARKET FIT#11

The degree to which a product satisfies a strong market demand, indicating potential for growth and success.

PROTOTYPING#12

The process of creating an early model of a product to test concepts and gather feedback before full-scale production.

GROWTH STRATEGY#13

A plan to increase a company's market share, revenue, or profitability through various methods, including market expansion.

DISRUPTIVE INNOVATION#14

Innovations that significantly alter the way industries operate, often displacing established market leaders.

CUSTOMER PAIN POINTS#15

Specific problems faced by customers that need addressing to improve their experience or satisfaction.

TECHNOLOGY INTEGRATION#16

The process of incorporating new technologies into existing business models to enhance efficiency and effectiveness.

INDUSTRY EXPERTS#17

Individuals with extensive knowledge and experience in a specific industry, often providing insights and guidance.

FEEDBACK MECHANISMS#18

Processes through which users or stakeholders provide input on products or services, informing future improvements.

COLLABORATIVE FEEDBACK#19

A method of obtaining input and suggestions from peers to refine ideas and enhance business models.

KEY METRICS#20

Quantitative measures used to assess the performance and success of a business model.

PITCH PRESENTATION#21

A concise presentation aimed at persuading potential investors or stakeholders about the viability of a business model.

REGULATORY CHALLENGES#22

Legal obstacles that businesses must navigate when implementing new technologies or business models.

COMPETITOR ANALYSIS#23

The assessment of competitors' strengths and weaknesses to identify opportunities and threats in the market.

ITERATION#25

The process of refining and improving a product or model based on feedback and analysis.