Assignment: The below article must summarize and analyze very well with free plagiarism. APA format is required Johnson, M. W., Christensen, C. M., & Kagermann, H. (2020, October 22). Reinventing Your...

Running Head: STRATEGIC MANAGEMENT                        1
STRATEGIC MANAGEMENT                                 3
STRATEGIC MANAGEMENT
Table of Contents
Introduction    3
Summary    3
Analysis    4
Conclusion    6
References    7
Introduction
The main purpose and aim of the article presented by Johnson, Christensen and Kagermann (2020) is to analyze the impact of various type of business model extension in order to suit a new opportunity and build a new model for future perspectives. Different sectors have different impacts for example, business model extensions related to profit formula and customer value preposition have a positive impact on the Apple or other technological business size. This outcome thereby suggests that developing profit formula along with key resources and key processes enlarges the Apple business model, size as well as type. This assignment paper would summarize this specific paper concluding with analysis of the total concept.
Summary
. Business model describes the basic function of how an organization captures, creates as well as delivers the value in case of cultural, economic and social context. The term business model or service refers to company’s plan in order to make profit. Business model helps to recognize the product or the services and helps to create a business plan in order to sell, and identify the target market and its anticipated expenses. Business models are important for both new and established businesses.
Business model can facilitate an understanding about the particular organization by communication, effectively interacting, sharing all details and simulating the business model. Hence, business model extensions are primarily the several types of business model, which includes innovation, preceding with a scale by business model components and disruption. According to Johnson et al. (2020), the core and the strength of any business rely on the key resources, key process and a profit formula.
As stated by Rachinger, Rauter, Muller, Vorraber and Schirgi (2019) the technology, product, people, facilities, equipment all are the key resource for any Apple business both for its production as well as for its distribution. Both these components and indicators can therefore be used to identify an Apple core business size. Three most common business model of any Apple business groups are: firstly, creating customers value preposition can create a fleet-management programs for tools and in the...