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.
How and where you run your company is your business model. A franchise is one business model. An online store, home goods retailer and home-based business are other models.