On the business model
My question here is if "competed on the business model" means they applied better the business model then others?
Companies competing at this level have business models with a story, in which every single piece of the business model reinforces the others and contributes to the story. A great example is the Nintendo Wii. Beyond the introduction of an innovative product in a game console market, they built a business model with lower costs, more customers and superior profit margins, they out competed their competitors on the business model.
Top answer
I read that as saying that they had a better business model, one that was more helpful to selling their product.
- I read that as saying that they had a better business model, one that was more helpful to selling their product.
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I read that as saying that they had a better business model, one that was more helpful to selling their product.
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