Page 14 - 5.2 i. Manac Finance ITC Summarised Notes
P. 14
STRATEGY AND GOVERNANCE
NG
Key building blocks of an entity’s
business model
Key resources
• The key resources building block describes the most
important assets required to make a business model work.
Key resources can be physical, financial, intellectual, or
human.
Key activities
• The key activities building block describes the most
important activities a company must perform to make its
business model work. Activities differ depending on the
type of business model e.g. for a software company, the
development of software is a key activity; this will, however,
differ from a computer manufacturer where the supply
chain of raw materials is important.
14
