The Specialization Of A Business Model Essay - 1588 Words

The Specialization Business Like the other models the specialization business model can be conflated with freelancers, solution based businesses, and also first to market models. Like the solution based model, the specialization model can be scaled up or built with the purpose of being sold. This kind of business model is a step beyond the solution idea and combines the freelancer and the solution provider. One could even argue that this is a matured version of the solution business. Whether the specialization business focuses on a good or a service, the specialization model typically has extremely proprietary knowledge and techniques which cannot be easily replicated by competing firms. Often, patents and complex legal barriers to entry are established to protect the specialist’s natural advantages. Elements of the freelance, solution, debt, and first to market business models are present in specialization models, but I classify this as a unique model of its own because the owners must protect their sec rets yet clone themselves to scale up. There are countless legacy businesses built on industry secrets, and proprietary knowledge. McDonalds, Chick Fil A, and Kentucky Fried Chicken were all founded on very specialized formulas and techniques that even to this day are exceptionally protected. Completely opposite firms like DutchBoy paint, and computer platform firms like Oracle can also be considered specialization businesses and also have their own secrets toShow MoreRelatedHistorical Developments in Supply Chain Management1151 Words   |  5 Pages------------------------------------------------- Historical developments in supply chain management Six major movements can be observed in the evolution of supply chain management studies: Creation, Integration, and Globalization (Movahedi et al., 2009), Specialization Phases One and Two, and SCM 2.0. 1. creation era The term  supply chain management  was first coined by a U.S. industry consultant in the early 1980s. However, the concept of a supply chain in management was of great importance long before, inRead MoreHistorical Developments in Supply Chain Management1167 Words   |  5 Pages------------------------------------------------- Historical developments in supply chain management Six major movements can be observed in the evolution of supply chain management studies: Creation, Integration, and Globalization (Movahedi et al., 2009), Specialization Phases One and Two, and SCM 2.0. 1. creation era The term  supply chain management  was first coined by a U.S. industry consultant in the early 1980s. However, the concept of a supply chain in management was of great importance long before, in theRead MoreDifferent Theories Concepts Of International Trade Theories1697 Words   |  7 Pagesthe goods and services which they are exchanged. Though at the surface, this may sound very simple, there is a great deal of theory, policy, and business strategy that constitutes international trade. 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