Which is an example of a business model innovation?
A) Repositioning products as services
B) Eliminating traditional channels and going direct to customers
C) Designing a win-win solution with the customer
D) All the above are examples of business model innovation

Question

Quizplus · Accepted Answer

All of the above options are examples of business model innovation. Repositioning products as services, eliminating traditional channels and going direct to customers, and designing a win-win solution with the customer are all innovative business models that can lead to increased success and profitability.

Which Is an Example of a Business Model Innovation