Business Model Canvas : THATmug / Farisa Dania Mat Zahid

From the innovation idea of the self-stirring and non-tippable mug that goes by the name THATmug, a fine-tuned plan must be in place that directs it towards a viable future business model. A Business Model Canvas (BMC) will serve to validate its business significance. Projects of technology are ofte...

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Bibliographic Details
Main Author: Mat Zahid, Farisa Dania
Format: Entrepreneurship Project
Language:English
Published: 2020
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/36181/
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author Mat Zahid, Farisa Dania
author_facet Mat Zahid, Farisa Dania
author_sort Mat Zahid, Farisa Dania
building UiTM Institutional Repository
collection Online Access
description From the innovation idea of the self-stirring and non-tippable mug that goes by the name THATmug, a fine-tuned plan must be in place that directs it towards a viable future business model. A Business Model Canvas (BMC) will serve to validate its business significance. Projects of technology are often solutions or processes which solve a technical problem. The problem solution, however, is designed not only for the technological barriers but also for the barriers to the market and to industry.The company must first understand its definition, how it works, and its importance to the business in order to set up a good innovative mug business canvas. This business canvas is simply a strategic startup management template for developing a new business model.It breaks down my business model into easily understandable segments: Key Partners, Key Activities, Key Resources, Value Proposals, Customer Relationships, Channels, Customer Segment, Cost Structure, and Revenue Streams.I can recognize and act on areas that can be improved by digging into those elements of the product. It also reveals clear paths for building on my innovation strategy in the organization
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spelling uitm-361812020-11-06T02:58:13Z https://ir.uitm.edu.my/id/eprint/36181/ Business Model Canvas : THATmug / Farisa Dania Mat Zahid Mat Zahid, Farisa Dania Technological innovations Creative ability in technology From the innovation idea of the self-stirring and non-tippable mug that goes by the name THATmug, a fine-tuned plan must be in place that directs it towards a viable future business model. A Business Model Canvas (BMC) will serve to validate its business significance. Projects of technology are often solutions or processes which solve a technical problem. The problem solution, however, is designed not only for the technological barriers but also for the barriers to the market and to industry.The company must first understand its definition, how it works, and its importance to the business in order to set up a good innovative mug business canvas. This business canvas is simply a strategic startup management template for developing a new business model.It breaks down my business model into easily understandable segments: Key Partners, Key Activities, Key Resources, Value Proposals, Customer Relationships, Channels, Customer Segment, Cost Structure, and Revenue Streams.I can recognize and act on areas that can be improved by digging into those elements of the product. It also reveals clear paths for building on my innovation strategy in the organization 2020-06-15 Entrepreneurship Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/36181/1/36181.pdf Mat Zahid, Farisa Dania (2020) Business Model Canvas : THATmug / Farisa Dania Mat Zahid. (2020) [Entrepreneurship Project] (Unpublished)
spellingShingle Technological innovations
Creative ability in technology
Mat Zahid, Farisa Dania
Business Model Canvas : THATmug / Farisa Dania Mat Zahid
title Business Model Canvas : THATmug / Farisa Dania Mat Zahid
title_full Business Model Canvas : THATmug / Farisa Dania Mat Zahid
title_fullStr Business Model Canvas : THATmug / Farisa Dania Mat Zahid
title_full_unstemmed Business Model Canvas : THATmug / Farisa Dania Mat Zahid
title_short Business Model Canvas : THATmug / Farisa Dania Mat Zahid
title_sort business model canvas : thatmug / farisa dania mat zahid
topic Technological innovations
Creative ability in technology
url https://ir.uitm.edu.my/id/eprint/36181/