Summery business Assignment Example | Topics and Well Written Essays - 250 words - 1

Summery business - Assignment ExampleThe focus of attention can operate from making better stuffs to investing in selling stuff better. The author elaborates this idea by stating that in the 90s most of the companies were trying to sell their products in new-sprung(prenominal) ways rather than detoxifying them. Haque shows how Detroits business seat innovation of integrating into auto finance resulted in perverse incentives and he purports that the costs of business model innovation exceed the benefits in most cases and this can also result in financial crisis (Haque). The author concludes by stating that business model innovations should give uncomplicated emphasis in making insanely great stuff by detoxifying and dezombifying the products rather than seeking new ways to sell the same old products. Haques arguments deserve attention as one can find many companies who sell products of poor quality and aim at short term benefits. Similarly, there is possibility that the emerging of a new business model can sometimes affect the product adversely. Thus, Haque is advocating for a competent product innovation alternatively of a new business model innovation. However, I feel like disagreeing with Haque because one cannot separate product innovation from the business model as dear and competent business model innovation is a necessary prerequisite for the marketing of any products, however insanely great they are.Haque, Umair. The Best Business dumbfound. Harvard Business Online (May 1, 2009). The McGraw-Hill Companies Inc. 26 October 2009.