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What is the nine business blocks

Sagot :

Answer:

The nine business blocks are; customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.

Explanation:

These business blocks are part of a business model, which is something that many new entrepreneurs use as part of a design detailing how a business can function and operate successfully, especially when depending on the environment their businesses are set in. Within business models, there are four central parts that relate to; customers, offering, infrastructure, and financial viability. With that comes nine key blocks that describe it, and those nine building blocks (which are stated in the answer section above) all relate to the four central parts of the business model.

Sources:

  • https://opentextbc.ca/organizationalbehavioropenstax/chapter/business-model-canvas/
  • https://medium.com/the-second-act/the-9-building-blocks-of-your-business-model-e9cdfe996ff5