Businessnatomy: How Strategy Plays Out in a Business Model for Samsung Against Apple

Strategy is a critical part of the business model of any startup, growing, stagnating or even failing business. Many entrepreneurs fail to integrate business modeling with their overall business strategy. However, wherever there is competition, business strategy exists.

Creating a business model without thinking through Professor Michael Porter’s classic five competitive forces of an industry is like operating in a vacuum. These five forces include three forces from the horizontal competitive...