Please make sure you watch out for spelling and grammar errors. Please read the study guide, Please use the APA 7th edition two length page.

Book reference:Neck, H. M., Neck, C. P., & Murray, E. L. (2021). Entrepreneurship: The practice and mindset (2nd ed). SAGE. https://online.vitalsource.com/#/books/9781544354644

pages 123 and 124 Once you have read and reviewed the case scenario, respond to the following questions with thorough explanations and a well-supported rationale.  Please apply feedback from previous units to this assignment.

  • In this case, the founders used a subscription business model for their company. Apply design thinking to identify a different business model for NatureBox other than subscription-based. Identify at least two benefits your chosen business model has over their subscription-based business model.
  • Apply your creativity skills to identify an innovative approach for the business model you chose. Use this same methodology to identify an innovative revenue model for NatureBox, based on your chosen business model. Apply design thinking to your revenue model.
  • Discuss the value in developing networks and how a network could aid NatureBox.

Describe the business model for a product you recently purchased. Do you believe this is the best business model for the organization? Why, or why not? Is there a different business model that you could recommend that is more innovative?


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