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Podcast: Belk on Business
Episode: Relational or Transactional Business Model – Episode 136
Description: Relational or Transactional Business Model – Belk on Business – Episode 136
- Evaluation of business model and core values – all decisions in business from what we do to why we do it to with whom we work should filter through core values
- A transactional business model is built on the short term. It is a model that the business does whatever it takes to make a sale many times neglecting what the customer really wants or needs. A transactional business model is focused purely on profit resulting in poor relationships with customers, employees and vendors. They advert...