In the last 2 chapters of Business Model Generation, the authors describe and analyze the strategy and process for developing successful business models. After carefully reading and understanding these chapters, answer these research questions:
- RQ1 What role should external factors of demand play in successful business models? NOTE: First, fully define the role and then analyze or discuss. This must be at least 4 paragraphs.
- RQ2 What is “Business Model Design and Innovation”? Provide examples and discussion for each factor listed. This must be at least 3 paragraphs.
- RQ3 What are the challenges to “Business Model Design and Innovation”? This must be at least 3 paragraphs.
- This assignment must be in a business professional format with a cover page in current APA format and must contain at least 600–800 words. This assignment must also include current APA citations and references.
- You must post the final draft of this assignment in Blackboard using the SafeAssign link provided. Before submitting your final draft, check for any plagiarism issues with the SafeAssign Draft link provided. NOTE: All SafeAssign scores must be less than 28%.
Submit this assignment by 11:59 pm (ET) on Friday of Module/Week 5.