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<p>♦ Process – the design for how work is to be done. The notion of business model has been used by strategy scholars to refer to “the logic of the firm, the way it operates and how it creates value for its stakeholders.”. Learn how to think effectively about an organization from a business point of view with the Business Logics Model. ♦ Process – the design for how work is to be done. Process Logic ♦ Practice – an understanding of how individual  Business logic builds on the collective sensemaking about history, theory, experimentation and practice in ways that connect industry‐ based strategies and processes with Correlation on the use of logic in business ision will be introduced. At the end of this module the students are expected toDefine what business is as well as its purposeIdentify the types and forms of businessesDefine what logic isLearn importance of business logic in the business ision process Choose a T arget Sub organization W ithin the T otal C ompany. This book provides a clear, simple method for understanding  As we define it, business logic establishes the contours within which a manager expects business models and strategy to develop. If your client comes to you with a problem in specifi c part of the organization (for example, manufacturing), then you might want to focus your business logics and measures analysis at that suborganization level As we define it, business logic establishes the contours within which a manager expects business models and strategy to develop. Following this distinction Process Logic and Business Logic should be On  Davenport's distinguishes between process and practice. Process Logic ♦ Practice – an understanding of how individual workers respond to the real world of work and accomplish their assigned tasks. The business logic concept thus represents a general logic for change in relation to both concepts, a function similar to that of dominant logic, yet with broader implications Business logic builds on the collective sensemaking about history, theory, experimentation and practice in ways that connect industry‐ based strategies and processes with business models Davenport's distinguishes between process and practice. The business logic concept thus represents  Abstract. Business Logic.</p></translate>
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|Type=Technique
|Difficulty=Medium
|Duration=337
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