How would you describe the various steps of the IBDM

What is IBDM? How would you describe the various steps of the IBDM? In what ways
may you apply IBDM to business strategy development?

250 words

 

……………………..Answer preview……………………

IBDM stands for innovative business design model. In the business world it has always been easy to come up with new and attractive ideas but the problem has always been how to implement them (Dubey, S. S. 2009, pg. 50). This is the reason of the existence of the IBDM in the first place. The first step which is setting the stage requires the business to be fully aware of its goals…………………………

APA
287 words

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