Researchers are investigating how and when children can learn engineering concepts and skills. The number of U.S. students who enter engineering programs in college is projected to drop, a trend that many believe will have a negative impact on the U.S. workforce (NAS et al., 2007; NAE and NRC, 2009).
Business models are an essential part of strategy â they provide the fundamental link between product markets, within the industry, and the markets for the factors of production such as labour and capital.
In any case, both the business model and the business strategy describe how the company succeeds: How it creates customer value, how it competes with others in the same industry, and how it generates revenues and spends to create good margins.