d The distribution channel The ability to ensure that products get to the

D the distribution channel the ability to ensure that

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d) The distribution channel The ability to ensure that products get to the target market is one of the instrumental components of a business model. Thus it is imperative that a business ensures they develop a reliable transition of their products to the target market, from the adverting to the retail outlets. e) Resource and value configuration The element encompasses the manner in which a business utilizes the diverse production activities, their workforce as well as additional resources necessary in the production of their products. The configuration entails the foundation of the cost as well as revenue structures (Khan & Khalique, 2014). f) The networks and affiliations This component refers to the agreements that an organization has with other companies that are necessary for the production as well as marketing of their products. These encompass the retail outlets, the materials and part suppliers, adverting agencies, shippers along with the payroll (Boone & Kurtz, 2009). 3
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Running head: CONTEMPORARY BUSINESS PAPER g) The revenue stream These are used in reference to the means that a company makes income and is mostly through the sales that an organization makes. It can additionally refer to the bartered goods as well as value added returns from the consumers, third parts as well as the partners to include issues as unsolicited social or viral marketing (Boone & Kurtz, 2009). 2. Focus of nonprofit organizations The nonprofit or the “for profit for a purpose” organizations operate on a wide assortment of areas in the globe, with each of them trying to improve a specific area in the universe. These organizations operate on the basis of the assertion that an organization has to make money from diverse sources so that they can manage to execute their missions (Anheier, 2014). In that case, it follows that the ability to meet the said mission is pegged on the ability to access money for the delivery of the products and services to the target group. It is additionally imperative that these organizations possess the resources in terms of the equipment, people, and facilities among others, needed to serve the target mission effectively.
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