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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.
MARKET TRENDS#21
Patterns or shifts in consumer behavior, preferences, or industry dynamics that influence business strategies.
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.