Please see the article titled “Workers: Fear Not the Robot Apocalypse†in the Wall Street Journal at the following link: https://www.wsj.com/articles/workers-fear-not-the-robot-apocalypse-1504631505 (Links to an external site.) Links to an external site. Questions ================================================ >How will robotics influence the centralization or decentralization of operations for a large retailer that competes with Amazon, such as Best Buy or Kohl’s?
>How will category strategy development and sourcing strategies at Best Buy change in order to compete with Amazon?
>Amazon purchased a robot manufacturer named Kiva in 2012, and according to the Wall Street article, one of the key benefits of robots at Amazon has been a reduction in space needed for merchandise rather than a reduction in labor. What do you believe will be the future trends in robots and the labor force working together for the overall retail market?
>What will be the impact on retail customers in the future?
The term “business model” has been misinterpreted and misused over the years, and has consequently been inadequately understood and applied by both practitioners and scholars. It has been frequently confused with other popular terms in the management literature such as strategy, business concept, revenue model, economic model, or even business process modeling. This paper aims to contribute to the clarification of the meaning and use of the business model image, as well as to theorize on its logical underpinnings that we find rooted in the resource-based view and in the transaction cost economics. This paper identifies new avenues for further research, such as the investigation of path dependency in a business model and the meaning of business model innovation.
April 17, 2018
4:07 pm
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