Assessment 1 Business Model Deconstruction Task Description: To be completed individually, you are required to prepare a business report that deconstructs an organisation's business model and...

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I select a foodora company in Australia and make a canvas model with report


Assessment 1 Business Model Deconstruction  Task Description: To be completed individually, you are required to prepare a business report that deconstructs an organisation's business model and identifies the critical success factors that make the business sustainable. To undertake this analysis, you will need to explore different business models, including those that are frequently seen to achieve sustainable success and high levels of profitability. Your analysis will demonstrate your critical thinking skills and your ability to professionally articulate your findings. Before commencing, you must seek your lecturer's approval to undertake an analysis of the business you have chosen. The type of organisation that should be identified for study is one that is relatively new, innovative in how they operate, and have most likely been established in the last five years. No students will be allowed to examine the same business. While the assignment is an individual one, you are encouraged to discuss with your colleagues the variety of business models that have become popular and why you think they have been successful.   To achieve a result that meets your study objectives, please ensure the business report addresses each of the assessment criteria detailed below and which is elaborated in the marking rubric.  Length: 1500-words Format: Business Report Reference Format: American Psychological Association (APA)  Assessment Due Date: Week 4 Friday (30 Mar 2018) 12:00 pm AEST Submission Instructions: Please submit via Turnitin in Moodle  Return Date to Students: Vacation Week Friday (13 Apr 2018) Results and marking comments will be available through Feedback Studio. Please click on the blue pencil to access the feedback. Weighting: 30%  Assessment Criteria: 1. Provide a succinct description of the business, the industry in which it operates, the market or markets it serves, and the products and services it provides (10%) 2. Describe the business model canvas of the selected business using the nine building blocks (20%) 3. Explain the key relationships that exist across the nine building blocks (20%) 4. Identify and discuss the critical success factors the business has to get right to achieve sustainable success (20%) 5. Evaluate what will contribute to downside risk (10%) 6. Discuss the changes you would make to the business model if this was your business (20%) Learning Outcomes Assessed: · Define and apply key concepts of innovation in commercial, digital, service, and social contexts  · Demonstrate an understanding of and apply the stages of the innovation process, including learn how to forecast the success and market diffusion of your innovation using business model design logic · Identify and discuss the technical, financial and organisational constraints to innovation in markets that occur in real-life through the use of teamwork and brainstorming.  Graduate Attributes: · Knowledge  · Communication  · Cognitive, technical and creative skills  · Research  · Self-management  · Leadership  1 MGMT20143: Marking Rubric Assessment 1: Business Model Deconstruction Unit code and name MGMT20143: Think Big Student ID and name Key Criteria High Distinction (85-100%) Distinction (75 - 84%) Credit (65 – 74%) Pass 50 – 64%) Fail (below 50%) Context: 10% Provide a succinct description of the business, the industry in which it operates, the market or markets it serves, and the products and services it provides. Exemplary and succinct description of the operating context, marketplace, and products and services the selected business provides. Very sound and succinct description of the operating context, marketplace, and products and services the selected business provides. A credible description of the operating context, marketplace, and products and services the selected business provides. A very general description lacking succinctness and/or specificity regarding operating context, marketplace, and products and services the selected business provides. Poor or limited description lacking succinctness and/or specificity regarding operating context, marketplace, and products and services the selected business provides. Business Model Canvas: 20% Describe the business model canvas of the selected business using the nine building blocks in Osterwalder & Pigneur. Exemplary description of the business model of the selected business using the nine building blocks in Osterwalder & Pigneur. Very sound description of the business model of the selected business using the nine building blocks in Osterwalder & Pigneur A credible description of the business model of the selected business using the nine building blocks in Osterwalder & Pigneur. Rudimentary description of the business model of the selected business using the nine building blocks in Osterwalder & Pigneur. Poor or limited description of the business model of the selected business using the nine building blocks in Osterwalder & Pigneur. Key Relationships: 20% Explain the key relationships that exist across the nine building blocks detailed above. Exemplary explanation of the key relationships that exist across the nine building blocks. Very good explanation of the key relationships that exist across the nine building blocks. A credible explanation of the key relationships that exist across the nine building blocks. Rudimentary explanation of the key relationships that exist across the nine building blocks. General failure to explain the key relationships that exist across the nine building blocks. Critical Success Factors: 20% Identify and discuss the critical success factors the business has to get right to achieve sustainable success. Exemplary identification and detailed discussion of the critical success factors for the business. Very good identification and discussion of the critical success factors for the business. A credible identification and discussion of the critical success factors for the business. Rudimentary identification and discussion of the critical success factors for the business. General failure to identify and discuss any of the critical success factors for the business. Downside Risk: 10% Evaluate what will contribute to downside risk. Very candid and balanced examination of aspects that may increase the downside risk. Reasonably candid and balanced examination of aspects that may increase the downside risk Somewhat candid and reasonably balanced attempt to examine aspects that may increase the downside risk Very basic analysis and no real attempt to examine aspects that may increase the downside risk No or limited analysis to examine aspects that increased the downside risk Recommended Changes: 20% Discuss the changes you would make to the business model if this was your business Exemplary identification and examination of key changes you would make to improve the business. Very sound identification and examination of key changes you would make to improve the business. Reasonable identification and examination of key changes you would make to improve the business. Quite basic identification and limited examination of key changes you would make to improve the business. No or limited identification and examination of key changes you would make to improve the business. LATE ASSESSMENT PENALTY For each day, or part thereof, a penalty of 5% out of 100% will be deducted from the work submitted. Submitting an incorrect file is not excused from the penalty. EXCEEDS WORD-LIMIT A penalty of 5% for every 100 words will apply for submissions that exceed 1500-words (+10%) CCI15032018_2.pdf
Answered Same DayMar 28, 2020MGMT20143Central Queensland University

Answer To: Assessment 1 Business Model Deconstruction Task Description: To be completed individually, you are...

Karan answered on Mar 30 2020
150 Votes
Business Model Deconstruction
TABLE OF CONTENTS
DESCRIPTION OF BUSINESS AND INDUSTRY    3
DESCRIBING THE BUSINESS MODEL CANVAS    3
KEY RELATIONSHIP    4
CRITICAL SUCCESS FACTOR    4
FACTOR CONTRIBUTING TO DOWNSIDE RISK    5
CHANGES IN BUSINESS MODEL    6
REFERENCES    7
DESCRIPTION OF BUSINESS AND INDUSTRY
In the contemporary scenario, e-commerce has emerged as f
astest growing industry that has supported the business in enhancing their reach through delivering services and products over the online platform. Considering the increasing aspect of e-commerce, it has been assessed that the advanced information technology and increasing online demand among the customers is regarded as major factors that drive the growth of the e-commerce industry. In the present aspect, various small and large scale companies offer their products directly to the customers with the help of using e-commerce platform (About Us, 2018).
For the present study selected organisation is Foodora Company one of the leading online food company based in Berlin-Germany. The online company offers the range of meals and food services over different restaurants by bike courier or delivery driver to the customers. The key mission of firm is to deliver good food to their customers from the placed restaurant. The company mainly operates their activities in the ten countries and delivers food to students and working professionals. However, currently, the company is highly dependent on this market segment that assists in increasing the ratio of sales and profits. With the help of using Foodora website or mobile application customers can easily browse nearby restaurant and place their order foodora couriers delivers the food at the doorstep in about 30 minutes.
DESCRIBING THE BUSINESS MODEL CANVAS
Business canvas model is an effective instrument that is mainly used by the organisation which showcase their core activities and functions. The model has been framed by the organisation as it assists them in understanding and gaining insight information regarding the operations that are carried out within the setting. However, the instrument mainly focuses on reviewing different components such as Key activities; key partnership, cost structure, revenue streams, customer relationship, value proposition and customer segment (Osterwalder et al. 2011). Along with this, the business model canvas also supports the company to have knowledge regarding their own cost structure and revenue aspect that clearly showcase their income and expenditure ratio.
It has been described that Foodora Company mainly focuses on key activities related with ordering the food of customers from the selected restaurant, delivering the packed food or meal directly to the customers at their doorstep, managing online activities etc. so that it may easily satisfy the customers need and requirement. The business canvas model has also determined key partners that are restaurants as well as online food suppliers so that they may engage in providing required food services and products to the customers. However, to carry out the effective and smooth flow of all processes and activities of Foodora Company, it is required to make sure that it features availability of effective and adequate resources that are human resources as well as technological resources that support the company in their successful operation.
In addition to this, at present Foodora Company is mainly targeting their different customer segments such as working professionals and college going students as they...
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