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Dapat naa kay kauban sir kay long travel man ka..pray ug amping sa biyahe..

Sobrang pagdaug daug gyod nila sa Davao..hulat lang pag molingkod na among Inday Sara..

Good Afternoon, Sir Jeff! By the lesson you provided business model and bussines model canvas (BMC) is both describe how company creates, delivers, and capture values. Also emphasized the importance of understanding customer needs and value proposition. BMC provides a more detailed and comprehensive overview of a company's business model, while business model provides general outline based of my learning. Hoping this would help my summary to be a wonderful feedback, Thank you sir Jeff for the lessons and God Bless!

Good day, Sir Jeffrey. From the video, I picked up that having a solid value proposition is super important for business success. It’s all about making sure your product or service clearly meets customer needs and stands out from the crowd. By understanding what customers are looking for, offering something unique, and delivering at the right time, businesses can build trust and keep customers coming back. Plus, staying on top of feedback helps make sure products stay relevant in ever-changing markets. A solid business model, especially with the Business Model Canvas, helps entrepreneurs stay focused on what matters most and lay the groundwork for long-term success and growth. Thank you sir for the valuable insights and lessons that have deepened our understanding.

Good day to you, Sir. This video delves into the fundamental idea of a value proposition. When the advantages are clearly communicated to customers, they are more inclined to express interest, select the product, and maintain long-term loyalty. It illustrates how a value proposition sets a business apart by providing something superior, more convenient, more affordable, or quicker than its rivals. Using Mang Inasal as the case study, I gained insights into how distinctive features-like its specialized filipino "patok sa masa" na menu and the concept of unlimited rice-offer a compelling reason for patrons to prefer it over alternative dining establishments. The value proposition is emphasized as a key element of the Business Model Canvas, highlighting how businesses can capitalize on their unique and undeniable marketing traits to attract and retain their clients efficiently. Giath Francos M. Oabel - ES19 - UV1

Good day, Sir Jeff! From what I gathered in the video, the Business Model Canvas (BMC) and a traditional Business Model are valuable tools for an organization’s collective growth. Their usefulness depends on the stage of development your business is currently in. The Business Model Canvas and the traditional Business Model serve distinctly different purposes. If you are still exploring and testing various strategies to implement your business idea, the BMC is an excellent starting point. However, if your goal is to secure a loan from a bank or attract investors, the BMC alone may not suffice; you would need to present a comprehensive business plan instead. The Business Model Canvas helps founders organize and structure their business model effectively. This insight would be especially helpful for me if I were ever given the opportunity to start my own business, as well as for my fellow colleagueS, as it highlights the essential elements needed for successful business development. Thank you for sharing this informative video with us; it has been a great learning experience. Giath Francos M. Oabel - ES19-UV1

Greetings, Sir. Throughout the presentation, I have gained a solid grasp of the key strategies that play a pivotal role in determining a business's success. Launching new products effectively requires a carefully crafted plan rooted in a thorough understanding of Design Thinking principles. The five stages of Design Thinking-Empathy, Define, Ideate, Prototype, and Test-have deepened my appreciation for the value of adopting a structured and creative approach across different business models and scenarios. Additionally, these stages have underscored the importance of critically addressing potential challenges in building and sustaining a business. Thank you, Sir Jeffrey, for delivering such a profound and enlightening presentation! Giath Francos M. Oabel - ES19-UV1

Good day, sir. This design thinking discussion has been enlightening! Thank you so much for sharing your ideas on how important it is to creating a successful business. It offers a methodical yet imaginative approach to plan refinement and client demands fulfilment, encouraging creativity and revolutionary concepts. It links corporate objectives and customer expectations, even when they appear to conflict, something I really value. Again, I want to thank you for sharing your knowledge; you have shown me how to implement this insightful idea.

Good day Sir, the video is quite comprehensive as it delves into what a business model is. The Business Model Canvas, is a powerful tool that shows how a company creates, delivers, and captures value to make a profit. It’s like uncovering the blueprint of how businesses operate. For example, the Create-Deliver-Capture model highlights the importance of not just making something valuable but delivering it effectively and gaining value in return. Key elements like partners, activities, resources, and value propositions teach you how businesses function, while customer relationships, channels, and segments reveal how they connect with and serve people. Cost structures and revenue streams round it out, showing how money flows in and out. It’s a clear, practical way to understand the building blocks of a successful business. Overall, the lesson gave us brand new insights on how businesses operate and run.

Good day Sir Jeff! Thank you for sharing with us a wonderful presentation of your topic! By giving my summary of this topic "INTRODUCTION TO DESIGN THINKING" it can create innovative solutions that meet the needs of the target audience, reducing the risk of launching a product or service that doesn't resonate with users. I hope everyone understands each strategy you provided, thank you and God Bless sir Jeff!

Good day Sir Jeff! This conversation taught me that a value proposition is a concise statement that explains to consumers why they should pick one good or service over another. It is the essence of a company's offerings and ought to be succinct, compelling, and concentrated on resolving issues or offering special advantages that set it apart from the competition.

Good day Sir. A business model canvas can assist with production planning and long-term performance prediction prior to launching a new company or expanding an existing one. The value that consumers place on a product determines both its price and quality. Comprehending and enhancing this value while demonstrating concern for the client experience fosters loyalty. Developing new items is crucial to maintaining consumer interest and achieving successful growth.

Good day Sir! I want to express my gratitude for this thoughtful conversation. The idea of design thinking has made me realize how important it is to creating a profitable company. It offers a methodical yet imaginative way to concentrate and improve strategies, making sure they successfully satisfy client needs. This approach not only promotes innovation but also new concepts that have the potential to transform markets. The way it assists in coordinating business goals with customer expectations-even when they don't exactly coincide-was what caught my attention. I sincerely appreciate the knowledge you have shared, and your explanation has provided me with a clear avenue to implement this thinking in my future endeavors!

Good day, sir Dellosa! From this video, I have discovered that a Value Proposition is an essential component of a Business Model Canvas, playing a crucial role in achieving the success and efficiency of the BMC. It provides a distinctive service that a company can offer to its clients, distinguishing it from other companies while addressing customer needs and issues. I now grasp how a business transaction between a seller and a prospective buyer operates, gaining a deeper perspective on the business side. It is a tactic aimed at getting the consumer to purchase a product or use a service by assuring and detailing reasons for the purchase. This is precisely what the Watsons salespeople do to facilitate the selling of their products. Value Proposition serves as a crucial instrument for companies to acquire and keep customers. It allows businesses to understand what affects consumer decisions and how to effectively meet their needs, ultimately increasing profits and customer loyalty.

Good day, sir! From what I've gathered in this video presentation regarding the Business Model and the Business Model Canvas, these are essential tools for new startup ventures. The business model outlined in this presentation is essentially a depiction of how a company generates or plans to generate revenue. When discussing business modeling, it entails various elements related to the business, including the process, framework, and tools utilized; the concept of the products; recording the assumptions; and it should be rapid, iterative, and centered on the market. Naturally, this relates to conducting research on the clients and individuals pertinent to the business. A business model illustrates how you will create and define the relationships and operations of your business. Conversely, the Business Model Canvass resembles a Business Model Template created by Alexander Osterwalder in 2005. The Business Model Canvas (BMC) is described as an accurate, straightforward, and focused template for business models. Its uncomplicated design conveys all essential details in modeling the necessary activities, vital resources, value propositions, customer relationships, channels, customer segments, cost structure, and revenue streams. In conclusion, my perspective on Business Model and Business Model Canvass is that they are essential and important for a company's growth and sustainability. While they do not guarantee success, using both tools along with dedication and belief can greatly influence your startup's success, particularly in aspects like key partners and key company elements.

Good day, sir! In this video conversation, I've gained numerous insights about the benefits of Design Thinking. It provides us with the opportunity to employ our creativity in addressing challenges. This process encompasses extensive brainstorming and generating new concepts that can aid in broadening our understanding. Nonetheless, the fear of failure stands as one of the greatest barriers in design thinking, and the key takeaway is that you must ensure you have identified the correct problem prior to addressing it. You must behave like an anthropologist to comprehend human needs and issues prior to hastily seeking solutions. I also discovered that entrepreneurs and designers view failure similarly to how most individuals regard learning. If we adopt the perspective that failure is anything less than perfection, we hinder our ability to unleash our natural creativity. thank you sir for this insightful presentation, God bless!!

Good day, Sir Jeff! From this discussion, I learned that a value proposition is a clear message explaining why customers should choose a product or service over others. It’s the core of what a business offers and should be short, convincing, and focused on solving problems or providing unique benefits that make it better than the competition.

Good day, sir! Before starting a new business or growing an existing one, a business model canvas can help plan production and predict long-term success. The price and quality of a product depend on how customers see its value. Understanding and improving this value while showing care for the customer experience helps build loyalty. To grow successfully, it’s important to keep customers interested by creating new products.

Good day, Sir! I truly appreciate this enlightening lecture video. It highlights how design thinking serves as a cornerstone for start-up success. By prioritizing empathy, thoroughly analyzing customer pain points, and approaching challenges with creativity, we can refine our problem-solving strategies. Each stage ensures that the solutions we develop are not only innovative but also genuinely aligned with our customers' expectations and needs.

Good day, sir! Thank you for the presentation. From the topic on the Business Model Canvas, I learned that a value proposition is the main reason why customers choose a particular product or service. It explains how the product solves a problem or fulfills a need, making life easier or better for customers. It also emphasizes what sets the product apart from others in the market, such as better quality, lower cost, convenience, or unique features. A great example of this is Mang Inasal, which attracts customers by offering unlimited rice at an affordable and budget-friendly price. A strong value proposition is crucial because it helps businesses stand out and attract potential customers. When customers clearly see the benefits they’ll gain, they are more likely to show interest, buy the product, and stay loyal.

Good day, sir! Thank you for the comprehensive presentation. As for what I have learned, the Business Model and the Business Model Canvas (BMC) are essential tools for starting a business. A business model is a simple way to show how a company makes or plans to make money. It involves several aspects, such as the process, framework, tools, product ideas, and documenting assumptions. It should be quick, adaptable, and focused on the market. Additionally, creating a business model requires research on customers and other key people connected to the business. Overall, a business model outlines how you plan to establish and manage your business operations and relationships. To summarize, the Business Model and the Business Model Canvas are important tools for driving the growth and sustainability of a company, significantly to effectively prevent unnecessary actions and reduce the chances of future failures.

Good day, sir! Through the presentation, I’ve learned how important it is to use effective strategies for a business to succeed. When launching new products, having a clear and well-planned approach is key. The five steps of Design Thinking-Empathy, Define, Ideate, Prototype, and Test-have shown me how to structure a creative process that works in different business settings. These steps also help in identifying and tackling challenges that come up when building a business. This approach helps people be creative and solve problems that fit user needs. It's a great way for businesses and individuals to come up with new ideas and make successful products and services. Thank you, sir, for the helpful presentation.

Good day Sir, that last bit of Topic 7 really clicked for me. It showed how a strong value proposition isn't just about listing what a company does, but about showing how it solves customer problems and why it's different from the competition. It's about understanding what customers actually need and speaking directly to that. I especially liked the examples of different companies and practicing elevator pitches; it really brought home how important it is to be clear and concise when explaining your company's value to attract and keep customers. Overall, the video gave some great insights into how crucial a good value proposition is for any successful business. Rogelio Flor, C. Jr

Good day Sir Jeff, that video was a real eye-opener. It really clarified what a business model is basically a snapshot of how a business works, makes money, and what it’s trying to achieve. The Business Model Canvas was a big takeaway for me too. It’s like a visual toolkit that helps businesses plan, build, and even test out their models. It's great because it gives you a starting point for new ideas, but also lets you take a closer look at existing ones. It's simple, clear, and you can adapt it easily. So, bottom line, the BMC is super useful for entrepreneurs and any business looking to tweak or improve their model. It gives you a clear roadmap without being too rigid, which is perfect for actually putting the business model into action

Good day sir, That presentation really hit home for me. I finally get how crucial a solid plan is for launching new products, and Design Thinking seems like the perfect way to do it. Going through those five steps - Empathy, Define, Ideate, Prototype, and Test - really brought it all together. It's not just about being creative, but also having a structured approach that can work in all sorts of businesses. Plus, it made me think about the potential problems we might run into down the road. Big thanks to Sir Jeffrey for such a great and helpful presentation!

Good day, sir! The video's explanation of value proposition within the Business Model Canvas really resonated with me. I used to think of a value proposition as simply a list of features a product or service offered, but the video made me realize it's much more than that. It's about understanding what problems your customers face and how your offering solves those problems in a way that's unique and valuable to them. It's not just about what you offer, but also about how you offer it and what makes it stand out from the competition. The video highlighted how a strong value proposition is crucial for attracting and retaining customers, and I realized how important it is to clearly articulate the benefits your offering delivers. It's not enough to just list features; you need to explain how those features translate into tangible value for the customer. This realization has made me more mindful of crafting value propositions that are compelling and resonate with the target audience.

Good day, sir! The Business Model Canvas section of the video was a real eye-opener. Before, I had a vague understanding of business models, but the Canvas gave me a clear, structured way to think about all the moving parts. Breaking it down into those nine blocks - customer segments, value propositions, and so on - was incredibly helpful. I realized how interconnected everything is; you can't just focus on the product, you have to think about how you'll reach customers, how you'll keep them happy, and how you'll make money. It made me realize how many things need to work together for a business to be successful. What really struck me was how the BMC allows for flexibility and adaptation. It's not a static plan; it's a living document that you can adjust as you learn and grow. I loved seeing how it connected to the design thinking process - that iterative approach of testing and refining applies to the business model just as much as it does to the product itself. I'm definitely going to use the BMC in my future projects to ensure I have a strong and adaptable foundation for my business ideas.

Good day, sir! Watching that video really solidified my understanding of design thinking. I already knew the basics - empathizing with users, defining the problem clearly, brainstorming lots of ideas, prototyping solutions, and testing them rigorously - but seeing it applied in a practical context was incredibly helpful. I especially appreciated the emphasis on iterative testing; it's easy to get attached to your initial ideas, but the video highlighted how crucial it is to be flexible and adapt based on user feedback. I learned to value the importance of failing fast and learning from mistakes as an integral part of the design process, rather than something to be avoided.

Good day, Sir Jeff! From this video, I’ve come to understand that the Value Proposition is a crucial component of the Business Model Canvas, playing a significant role in ensuring its success and effectiveness. It highlights the unique service or product a business offers to its customers, distinguishing it from competitors while addressing customer needs and problems. This has given me a clearer perspective on how business transactions flow between sellers and potential buyers. Essentially, it’s a strategy designed to persuade consumers to purchase a product or service by emphasizing its benefits and explaining why it’s worth choosing. This approach is evident in how Watsons salespeople promote their products. A strong Value Proposition is vital for businesses to attract and retain customers. It helps companies understand what drives consumer decisions and how to meet their needs, ultimately increasing profits and fostering customer loyalty.

A pleasant evening, sir. The last part of topic 7 taught me that a strong value proposition clearly communicates the unique benefits a company offers to its customers and sets it apart from competitors. It’s not just about listing features but understanding customer needs and solving their problems in a meaningful way. The importance of creating a concise and compelling value proposition that resonates with the target audience stood out. The examples of different companies and the exercises on crafting elevator pitches were especially helpful, showing how important it is to communicate a company’s unique value clearly and effectively to attract and keep customers. In general, this video provided valuable insights into the critical role of a strong value proposition in building a successful business.

Good evening, sir. Watching this video gave me a much clearer understanding what a business model really is. It's not just some sort of business document; it is a strategy for how a company actually makes money. I realized it's all about figuring out what unique value a company can offer to a customer, who are those customers really are, and how a company going to reach its audience/costumers. It also made me think about how you build relationships with your customers and, of course, how the money comes in. What really stuck with me was the importance of understanding what resources, activities, and partnerships you need to make it all work. It really drove home the point that knowing your customers and having something unique to offer is what sets a business apart.

Good evening, sir! What I have realized from the video is that the importance of understanding the end-user's needs to discover real problems. The high failure rate of new products and services, attributes to a lack of understanding of customer needs. A particularly impactful takeaway is the use of "how might we" statements to frame design challenges in an actionable and open-ended way. Overall, this structured approach not only fosters creativity but also ensures that solutions are aligned with user needs, making it an invaluable tool for businesses and individuals aiming to innovate and develop impactful, successful products and services.

Good day, Sir Jeff! The video lesson provided a thought-provoking perspective on business models, explaining that they serve as representations of a business’s structure, goals, and profitability. Additionally, it introduced the concept of the Business Model Canvas (BMC), a strategic management tool that enables businesses and organizations to visualize, develop, and test their business models. BMC offers a straightforward and adaptable framework for generating new business ideas or critically analyzing existing ones. In essence, the Business Model Canvas is an invaluable resource for innovative entrepreneurs and organizations seeking to refine or improve their business models. It presents a clear, strategic roadmap while maintaining the flexibility needed to guide execution effectively.

Good day, Sir Jeffrey! Today, I learned that design thinking is a crucial process when starting a new business. It helps outline the future of an idea by exploring its potential. This process involves analyzing current market trends, identifying problems, and recognizing gaps in the market, ultimately finding solutions to challenges people face. The approach focuses on three key areas: Business Viability, which assesses the potential success of a product in the market; Technology Feasibility, which examines whether the necessary technology exists to bring the product to life; and User Desirability, which measures how appealing the idea or product might be to consumers. Because of this, careful design thinking and strategic planning are essential before launching a business to minimize the chances of failure.

Good day, Sir. The video focuses on the critical concept of a value proposition, which answers the question, "Why should I buy from you and not your competitor?" It explains how a value proposition distinguishes a business by offering something better, easier, cheaper, or faster than competitors. Using Mang Inasal as an example, I learned how unique offerings-such as its distinctive menu and unlimited rice concept-create a compelling reason for customers to choose it over other dining options. The value proposition is positioned as a cornerstone of the Business Model Canvas, showcasing how businesses can leverage their uniqueness to attract and retain customers effectively. JOHN DAVID EBOÑA ES UV1

Good day, Sir. This video explores the foundational concepts of creating, delivering, and capturing value through a structured business model. It emphasizes the cycle of products/services, customers, revenue, and organization, showing how these elements interact to sustain a business. A central focus is the Business Model Canvas (BMC), a strategic tool that breaks down a business model into nine interconnected components: key partners, key activities, key resources, value propositions, customer relationships, channels, customer segments, revenue streams, and cost structure. Each component is discussed in detail, illustrating how they collectively support business operations and growth. I learned the importance of aligning these elements to effectively meet customer needs while ensuring profitability and operational efficiency. JOHN DAVID C. EBOÑA ES UV1

Good day, Sir. This video introduces the concept of design thinking, a human-centered problem-solving approach that emphasizes empathy, creativity, and collaboration. It explores the importance of understanding user needs through tools like personas and interviews, enabling a deeper connection to the challenges being addressed. The ideation process is highlighted as a means of generating innovative solutions through creative exercises. The video also illustrates how design thinking can be applied to diverse fields, including ICT, market share growth, innovation management, and addressing global challenges like extreme poverty in international development. By prioritizing empathy and user-centered solutions, design thinking emerges as a powerful approach to driving meaningful innovation. JOHN DAVID C. EBOÑA ES UV-1

Good day, Sir Jeffrey! Before launching a new company or growing an existing one, we can utilize the canvas as a framework to evaluate our production and its potential for long-term success in relation to our corporate strategy and model. The concept of the Business Model Canvas (BMC) is a strategic management tool that aids organizations and businesses in visualizing, creating, and experimenting with their business models. It simplifies the process of developing, understanding, and analyzing business strategies by breaking them down into nine key components. This strategic framework not only encourages innovation but also ensures that all aspects of a business are aligned and effectively addressed. Its clarity and flexibility make it an invaluable resource for entrepreneurs and organizations seeking to enhance or transform their business models. Name: Erich Mae C. Andoy

Good day, Sir Jeffrey! Thank you for sharing this very informative lecture video. The concept of design thinking is an essential tool for start-up businesses. It serves as a fundamental approach that helps these ventures innovate and solve problems effectively. Design Thinking is invaluable when addressing poorly defined or ambiguous problems by shifting the perspective to focus on human needs, generating numerous ideas through brainstorming, and employing a practical approach in creating and testing prototypes. This method allows for the examination of problems from a different angle, promoting innovation and inspiring new ideas with the potential to transform markets. By effectively gathering and understanding customer needs, we can create products that address genuine customer issues. What truly impressed me is how this process harmonizes business goals with customer expectations. Name: Erich Mae C. Andoy

Greetings, Sir! This discussion taught me that a value proposition is the core message explaining why a customer should prefer a specific product or service over its competitors. It lies at the center of a business's offerings. A value proposition isn't merely a description but a persuasive statement designed to convince potential customers. It highlights the added value, problem-solving capabilities, and competitive advantages that make the product or service stand out.

Good evening, Sir. This session helped me understand the significance of value propositions in driving a company’s success. A value proposition essentially highlights the unique benefits a product or service provides, setting it apart from competitors. I learned that it’s not just about the product itself but how it addresses the specific needs or pain points of customers. This concept is integral to a company’s ability to attract and retain its target audience. Additionally, we explored how a strong value proposition ties into other elements of a business model, such as marketing strategies and customer retention. What stood out to me most was how businesses can tailor their offerings to meet customer demands while staying aligned with their goals. To solidify our understanding, we were tasked with creating our own value proposition statements, which was an excellent exercise in applying theory to practical scenarios.

Greetings, Sir! This video discussion highlighted that design thinking is a crucial method for establishing and maintaining a successful business. By prioritizing human needs, it enhances the quality of products and services. Design thinking fosters creative problem-solving through activities like brainstorming and generating ideas, helping to expand our perspectives. The approach involves five key stages: empathize, define, ideate, prototype, and test-each playing a vital role in addressing challenges effectively. This mindset promotes innovation and enables businesses to create solutions that genuinely align with user needs. I also learned that understanding and empathizing with customers is fundamental to designing products that truly meet their expectations.

Shekainah S. Tayo Good day, Sir. In this video, I've learned that understanding and creating a value proposition is fundamental to running a successful business. It requires businesses to explain why customers should select their product or service above others. This thinking has increased my awareness for the significance of connecting a product's advantages with consumer requirements and pains. It also underlines the need of firms remaining nimble and always refining their value offer in order to stay relevant in a competitive market. This lesson emphasizes that value creation is a continuous process, not a one-time activity.

Shekainah S. Tayo Good day, Sir. In this discussion, the firm Model Canvas provides a simple, visual framework for constructing a firm, reducing its complexity. It emphasizes the interconnection of a company's components and the importance of efficiently balancing these factors for success. I like how it pushes clarity and concentration, especially when brainstorming new ideas or assessing an existing company plan. Reflecting on this, I see the importance of ongoing iteration and analysis to ensure that the model adapts to market changes and consumer demands.

Shekainah S. Tayo Pleasant day Sir. Design Thinking promotes a human-centered approach, which is critical in today's complicated problem-solving environment. This technique serves as a reminder that innovation should be driven not only by technology or trends, but also by people' true wants and emotions. I find Design Thinking's iterative nature inspiring since it allows for flexibility, learning from errors, and adjusting ideas to achieve significant effect. The emphasis on empathy resonates profoundly with me, since knowing people is essential for developing solutions that actually matter.

Good day, Sir Jeffrey! It is indeed a fact that the factor or consideration presented by a seller which is explaining why a product or service is different from and better than the competition corresponds to the value they propose for better business adaptability when assessing the value proposition of their products. As what I have understand, the application of a unique value proposition is essential in strategic planning for a business model. It suggests a better understanding of what customers truly need, differentiating your business from others. Moreover, it segments the market by establishing a correlation between customer satisfaction, product reliability, and the value the business aims to deliver to customers. This fundamental approach is crucial for identifying the complexities of business models, especially concerning market-driven elements and the variability of business operations such examples presented on the lecture. As a key takeaway from the lecture, I will surely commend that when customers recognize and experience the unique value a business provides, they are more likely to return and recommend the brand to others, fostering loyalty and trust. In the future, if I structure my own business, this understanding will clarify my strategic approach and the value I offer to customers, helping me stand out in the marketplace and strengthening my overall brand strategy. Peter Paul U. Jamito_BS Geol III ES19 -UV1

Jerecho O. Ulatan Good day, Sir Jeffrey. Continuing from the discussion, a strong Value Proposition is essential for a business, as it ensures that the product meets the customers' needs effectively. This, in turn, encapsulates the essence of the business model by highlighting why customers should choose the product or service be it due to its unique features or significant improvements over competitors. This approach helps in convincing potential customers to engage with the business.A great example you presented, Sir, is Mang Inasal's Value Proposition of offering unlimited rice and soup, setting it apart from other food establishments. Similarly, comparing the services of GrabFood and FoodPanda, two leading food delivery platforms in our country, emphasizes the importance of differentiation in the market as well-crafted business model, guided by tools like the Business Model Canvas, equips entrepreneurs with the necessary elements to establish and grow a profitable business. It serves as a roadmap for creating products and services that stand out and succeed in the competitive marketplace.

Jerecho O. Ulatan Good day, Sir Jeff! From the video, I learned that the Business Model Canvas and Business Model are valuable tools for developing an organization. The Business Model Canvas serves as a strategic management framework for designing new business models and documenting existing ones. It provides a visual representation of key components, such as value proposition, infrastructure, customers, and finances, enabling organizations to coordinate efforts more effectively and identify potential trade-offs. Meanwhile, a business model outlines how an organization creates, delivers, and captures value across various contexts, including economic, social, and cultural. The process of developing and refining these models, known as business model innovation, plays a critical role in corporate strategy.

Jerecho O. Ulatan Good day, Sir. The presentation has provided me with a clear understanding of key strategies that can greatly influence a business's success. I have learned that launching new products effectively requires a well-designed plan rooted in the principles of Design Thinking. The five stages-Empathy, Define, Ideate, Prototype, and Test have deepened my appreciation for crafting a structured and creative approach across diverse business models and environments. Additionally, they have highlighted the importance of critically evaluating potential challenges in business development. Thank you, Sir Jeffrey, for delivering such an insightful and impactful presentation!

Good day, Sir Jeffrey! From what I understand about Part A's discussion on the Business Model and the Business Model Canvas (BMC), this tool helps businesses clearly articulate how they create, deliver, and capture value in a simplified structure. Certainly, it facilitates a clear understanding of the business's key drivers, promoting alignment across teams and ensuring that all stakeholders have a unified perspective. For startups, I understand that BMC is crucial in defining their initial business strategy and identifying potential gaps or opportunities for innovation. Moreover, established businesses utilize it to refine operations, pivot strategies, or explore new markets. As a structured basis, the Business Model Canvas fosters flexibility, adaptability, and innovation by allowing users to adjust individual segments without disrupting the entire model. And this adaptability corresponds to the market-driven variability of essential business elements. In essence, the Business Model Canvas is more than just a planning tool, it is a dynamic framework that supports strategic thinking, operational clarity, and continuous business improvement. I believe this will be beneficial, especially if I plan to structure my own business in the future. Peter Paul U. Jamito_BS Geol III ES19 -UV1