August 2020
Intermediate to advanced
425 pages
11h 12m
English
Taking lessons from competitors
In the Reverse Engineering business model, an existing technology or competitor’s product is analysed, and the information obtained is used to develop a similar or compatible product (HOW?). Since this requires little investment in research and development, the products can be offered at a lower price than their market equivalents (VALUE?). Reverse Engineering is not limited to products or services: for example, it can also be applied to whole business models, when competitors’ value chains are analysed, and their principles applied in the focal company.
The advantage ...
Read now
Unlock full access