Summery business Assignment Example | Topics and Well Written Essays - 250 words - 1

Summery line of descent - Assignment ExampleThe focus of attention drive out move from making better stuffs to investing in selling stuff better. The author elaborates this idea by stating that in the 90s most of the companies were trying to sell their products in upstart ways rather than detoxifying them. Haque shows how Detroits backup model foundation garment of integrating into auto finance resulted in perverse incentives and he purports that the costs of business model design exceed the benefits in most cases and this can also result in financial crisis (Haque). The author concludes by stating that business model innovations should give primary emphasis in making fiendishly great stuff by detoxifying and dezombifying the products rather than seeking new ways to sell the same white-haired products. Haques arguments deserve attention as one can find many companies who sell products of low quality and aim at short term benefits. Similarly, there is possibility that the em erging of a new business model can sometimes affect the product adversely. Thus, Haque is advocating for a competent product innovation instead of a new business model innovation. However, I feel like disagreeing with Haque because one cannot give away product innovation from the business model as sound and competent business model innovation is a necessary prerequisite for the marketing of any products, however insanely great they are.Haque, Umair. The Best crinkle Model. Harvard Business Online (May 1, 2009). The McGraw-Hill Companies Inc. 26 October 2009.