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ON THE QUESTION OF THE BUSINESS MODELS: MANAGERIAL ASPECTS

Abstract

Successful and world-leading companies such as Apple, Twitter, Toyota, Zara and their business models attract more attention of practitioners and researchers. This is taking place due to the development of an effective business model that enables them to open up great opportunities for their growth. To date, there are many types of business models. In this article, the authors consider the existing ways of classifying business models. In the first part of the article, the typology of the business model archetypes, developed by experts from the Massachusetts Institute of Technology is considered. Furthermore, the most common in practice archetypes of business models are given. The work focuses on the classification of business models made by a scholar - H. Chesbrough who described the essence of the proposed types of business models. There are many more business models related to business types built on business-to-consumer interactions, business to government transactions and government to business activities. The above types of business models are also reflected in this article. There are also many business models related to business types built on business-consumer interactions, business-government, business-business, government-business. The above types of business models are also reflected in this article. The final part of the article examines the definitions and examples of business models proposed by Mark Johnson. More importantly, the authors of the article highlight key questions that managers should answer when assessing the investment attractiveness of a company’s business model.

About the Authors

A. K. Azimbekova
Suleiman Demirel University
Kazakhstan


M. K. Kenzhegaranova
Almaty Management University
Kazakhstan


References

1. Do Some Business Models Perform Better than Others? A Study of the 1000 Largest US Firms.- Sloan School of Management Massachusetts Institute of Technology, May, 2004. - 40 р.

2. Osterwalder A. Building business models: A handbook of the strategist and innovator / trans. With the English. - Moscow: Alpina Pablisher, 2011. - 288 p.

3. Sooliatte A.Yu. Business models of companies: definition, evolution, classification: // http://www.finexpert-training.ru/index.php?ID=152&articleID=358/ (Accessed on 05.06.2014).

4. //http://www.finexpert-training.ru/index.php?ID=152&articleID=358/ (Accessed on 05.06.2014 г.).

5. Chesbrough H. Business Model Innovation: Opportunities and Barriers // Long Range Planning. - 2010. - № 43. - Р. 354-363.

6. Chaffey D. E-business and e-commerce management: strategy, implementation, and practice / 4th ed. - Financial Times Prentice Hall, 2009. - 798 р.

7. Andrea Ovans. What Is a Business Model? - Harvard Business Review (23 January 2015).


Review

For citations:


Azimbekova A.K., Kenzhegaranova M.K. ON THE QUESTION OF THE BUSINESS MODELS: MANAGERIAL ASPECTS. Bulletin of "Turan" University. 2018;(1):15-20. (In Russ.)

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ISSN 1562-2959 (Print)
ISSN 2959-1236 (Online)