Question

how the business model would affect the design of a new AIS. how the business model would affect the design of a new AIS.

Answer 1

A business model can be defined as a model of how a business will successfully and efficiently operate the processes through which a business generates revenue in a specific industry. It also identifies and incorporates the business’s prospective customers, services and products to be offered, revenue streams, distribution channels, and how the business will be financed. The AIS would be designed based on such items and ensure that it should adequately cover all these areas to increase the efficiency levels in a business