This is a 500 words assignment (Excluding References), and please read all the instructions properly, as I am in Australia, please use Australian examples and it must be Plagiarism Free. Business...

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Business Model Innovation
The e-learning activity did provide some crucial lessons, which if applied to one’s own
professional development or organizational development process, can surely bring about positive
changes along with success. It is a fact that businesses, in order to sustain their market
reputation, market hold, and success run, and even in order to ensure their existence, must resort
to the process of rethinking on their business policy models (HSGUniStGallen, 2013). It is due to
lack of innovation and due to lack of emphasis on ushering changes in the business strategies and
in the context of business ideas that large corporations like Nokia, Kodak, etc had to face their
demise (HSGUniStGallen, 2013). The leadership of large and successful business should be
flexible in their approach of operating businesses, and with flexibility they need innovation
because; the combination of flexibility and innovation gives rise to short- and long-term success.
Innovation and competitive advantage, these two terms are directly related, and as revealed
through the video, a company that sticks to the same policy of serving specific customer needs in
specific markets without thinking of future opportunities may eventually lose the competitive
edge and...