Most Essential Business Model Components â€Myassignmenthelp.com

Question: Discuss About The Most Essential Business Model Components? Answer: Introducation Ordering and delivering of food is not a new business idea. However, with the concept of innovation and advancement, the idea of food business has evolved with changing times. There have been various options for me to initiate a start-up regarding the grocery delivery, restaurant table booking, midnight food delivery, etc. I recognized that with the hectic schedule of people with high-stress factor and juggling of work at both work place and home, there is always a scarcity of time for cooking and operating own food for work (Ebner, Buhnen Urbach, 2014). With the upheaval of a hectic lifestyle, there is a direct effect on the health of the people in a negative way. This inspired me to initiate a business idea regarding online delivery of meal boxes which are completely oriented to healthy dietary patterns. The meal boxes that my business would provide would have food dishes that are very customized by considering health and diet considerations. People can be very conveniently ordered for the dishes and meals according to their likeness and diet concerns as we do not use any excessive amount of oil, flours and other food items that pose adverse effects to health. People having a hectic work schedule and at the same time desire to have a completely structured diet through well prepared, light meals can very easily book order their meal boxes which will be delivered to them at their desired location within an hour (Ferretti, et al., 2015). They would also be able to have their meals customized which will allow them the liberty to have a mixed combination of food every day. My business of online food delivery of meal boxes also offers the facility for consumers to book meal boxes for the entire month where they can choose their meals every day at once (Lai, et al., 2016). The business model that we follow is much in resonance with the objective of the business to provide healthy meals to people having a hectic schedule. Our business understands that having same boring meals may tend to bore any employee. In order to bring back the deliciousness into the lives of the employees along with removing the hassle of preparing food, our business model completely matches the mission of the business. The consumers will need to create a profile on our official website and get registered with the service platform. The users will be receiving a message regarding the available options for meals every day at a particular time so that they can very well be aware and notified regarding the meals without making any effort (Winfield, 2015). The interested users and consumers can very conveniently place the order and make the required payment online. We would then forward the order to our kitchen to prepare the meals box well accordance with the order of the consumer keeping his or her dietary requirements and preferences in consideration (Lai, et al., 2016). After the processing of the order has taken place, the meal platform will make the collection of the order and implement the delivery of the ordered meal box to the respective location (work place or home, etc) at the specified time. References Ebner, K., Buhnen, T., Urbach, N. (2014, January). Think big with Big Data: Identifying suitable Big Data strategies in corporate environments. InSystem Sciences (HICSS), 2014 47th Hawaii International Conference on(pp. 3748-3757). IEEE. Ferretti, A., Colombo, D., Fumagalli, A., Novali, F., Rucci, A. (2015). InSAR data for accounting land subsidence: time to think big.Proceedings of the International Association of Hydrological Sciences,372, 331. Lai, J., Leow, W. K., Sim, T., Sharma, V. (2016, March). Think big, solve small: Scaling up robust PCA with coupled dictionaries. InApplications of Computer Vision (WACV), 2016 IEEE Winter Conference on(pp. 1-8). IEEE. Winfield, L. (2015). Student life-Catalyst for ideas: A prize for third-year Plymouth University students encourages them to think big, says lecturer Louise Winfield. Nursing Standard,29(40), 66-66.