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BUSINESS MODEL CANVAS#1

A strategic management tool that visually outlines a company's value proposition, infrastructure, customers, and finances.

SWOT ANALYSIS#2

A framework for identifying strengths, weaknesses, opportunities, and threats related to a business or project.

KEY PERFORMANCE INDICATORS (KPIs)#3

Quantifiable metrics used to evaluate the success of an organization in achieving its objectives.

INNOVATION STRATEGY#4

A plan to develop new ideas, products, or processes that enhance business performance and competitiveness.

VALUE PROPOSITION#5

The unique value a product or service offers to customers, differentiating it from competitors.

MARKET ALIGNMENT#6

The degree to which a business model meets the needs and preferences of its target market.

BUSINESS STRATEGY#7

A plan of action designed to achieve a specific goal or set of objectives within a competitive environment.

COMPETITIVE ADVANTAGE#8

An attribute that allows an organization to outperform its competitors, such as cost leadership or differentiation.

BUSINESS ANALYSIS#9

The practice of identifying business needs and determining solutions to business problems.

COLLABORATIVE SWOT ANALYSIS#10

A group approach to conducting SWOT analysis, leveraging diverse perspectives for richer insights.

ITERATIVE PROCESS#11

A repetitive cycle of refining and improving a product or strategy based on feedback and testing.

FEASIBILITY ASSESSMENT#12

An evaluation of the practicality and viability of a proposed idea or project.

STAKEHOLDER ENGAGEMENT#13

The process of involving individuals or groups affected by a business's decisions in its strategic planning.

BUSINESS MODEL INNOVATION#14

The process of creating, refining, or transforming a company's business model to enhance value creation.

PERFORMANCE METRICS#15

Standards of measurement that assess the efficiency and effectiveness of an organization.

ACTION PLAN#16

A detailed plan outlining steps to achieve specific goals or objectives in a strategic context.

DATA-DRIVEN DECISION-MAKING#17

Using data analysis to guide business decisions and strategies, ensuring informed choices.

PROPOSAL DOCUMENTATION#18

A formal presentation of proposed changes or innovations, detailing expected outcomes and implementation strategies.

CROSS-FUNCTIONAL TEAMS#19

Groups composed of members from different departments working together toward a common goal.

BUSINESS TRANSFORMATION#20

Significant changes aimed at improving a business's operations, culture, or overall performance.

PROFESSIONAL PORTFOLIO#22

A collection of work samples and achievements that showcase an individual's skills and experiences.

REFLECTIVE CHECKPOINTS#23

Opportunities for students to assess their understanding and progress throughout the course.

CASE STUDY#24

An in-depth analysis of a real-world business scenario used to illustrate key concepts and strategies.