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Describe the major components of a business model

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Reference no: EM131000484

Week 6 DQ 1

Describe the major components of a business model. Which component do you identify as the foundation component? Why?

Week 6 DQ 2

Your company is in the highly competitive consumer electronics market:
Option A - Be the first to market and release your new product one year ahead of the competition but with only 70% of the feature set that you originally wanted (but still fully functional and safe for consumers)
OR
Option B - Release your new product one year BEHIND the competition, but with 100% of the feature set you wanted.
Which would you choose and why?

Reference no: EM131000484

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