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Essay Undergraduate 621 words

Business model design for CodeQuest, Inc.

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Essay 621 words

Business Model Design Codequest, Inc

Business Model Design for CodeQuest, Inc.

This company deals with video gaming business. It has spotted the market gap that exists in this sector, and the management has invested heavily in it. The managers in this company have for long strived to control the market through dominance. In this paper, the company's five phases of mobilizing, understanding, designing, implementation and management of its activities. The discussion will focus on CodeQuest main activities, its critical success factors, and the key dangers it faces in the industry.

Main activities

The main activities at this company include developing videos for sale to the clients in the industry. They also deal with the production of assorted entertainment products such as the comedy videos for the children as well as making advert videos. The first thing that the management does is to mobilize funds to be used in the production process. They also have to grapple with the issue of mobilizing experts to work with them. This has to involve the understanding of the market and the intrigues of the game productions. The designs made have to involve the taste and preference of the clients. The implementation stage will involve coming up with issues that involve assembling of the resources and all that supports the process. It is the role of management to bring together all the other activities to harmony.

Key Dangers

CodeQuest, Inc. is a company built based on providing both video and software services to the willing clients. One of the key dangers that the company is likely to face is that since the business is lucrative, it is likely that more competitors will soon join the market. If this happens, then this company will lose its esteemed clients. Another likely danger is that video gaming products are prone to piracy. Once online, they can easily be pirated and sold by illegal owners. With this, the company stands a chance to lose revenue. As a preventive measure, the company needs to mobilize resources within its capacity towards preventing piracy. Another way of preventing piracy is by ensuring that the designs are made in such a way that they cannot be duplicated. Clients should be in a position to distinguish the true content and pirated content. The implementation process in this company should be adjusted allow verification of content by the managers before release. The aspect of managing work at the company calls for the inclusion of all scrutinized factors so that the identified dangers can be avoided. However, the existence of these dangers gives a positive challenge to the management to up their game.

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Critical Success Factors181 words
Various factors affect the success of CodeQuest. First, the company thrives on the fact that it is one of the few companies of its kind…
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PaperDue. (2015). Business model design for CodeQuest, Inc.. PaperDue. https://www.paperdue.com/essay/business-model-design-2149426

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