Chapter 3 Business and sustainability
3.1 Business models
Business models explain what a company will sell (products or services), how it intends to market that product or service, the price (and cost) of a product, and how the activities will be turned into profit. However, the term business model is not uniformly defined [1]; different definitions agree that a business model is a holistic approach that examines the activities of a company (including upstream and downstream processes) and the creation of value [2], which also combine ecology with social, financial and cultural aspects of doing business [3]. In a business model for a linear value chain the main components are as follows:
For input and production
-
Key partners (for supply ...
Get Sustainable Products, 2nd Edition now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
