What are the key activities involved in the business model?

The key activities involved in a business model refer to the primary actions and operations that a company undertakes to create, deliver, and capture value. These activities can vary widely depending on the industry, size, and nature of the business. Common key activities include product development, manufacturing, marketing and sales, customer service, supply chain management, and financial management. These activities are essential for a business to function and achieve its objectives, and they are interconnected to ensure the smooth operation and success of the overall business model. The effective execution of key activities is crucial in delivering a competitive advantage and creating value for customers.

This mind map was published on 29 July 2023 and has been viewed 117 times.