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Lecture 4 Application Domains I: LBS Business Models & Use Cases Mobile Business II (SS 2016) Prof. Dr. Kai Vandenberg... Deutsche Telekom Chair of Mobile Business & Multilateral Security Goethe University
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LBS business models amp refers to a framework or system that outlines the strategies and structures used by businesses to operate in the location-based services industry.
Companies operating in the location-based services sector or businesses that utilize these models within their operations are generally required to file LBS business models.
To fill out LBS business models amp, businesses must provide information regarding their operational strategies, market analysis, revenue models, and compliance with relevant regulations.
The purpose of LBS business models amp is to standardize reporting, enhance transparency, and ensure compliance among businesses in the location-based services sector.
Information that must be reported includes business activities, target markets, revenue generation methods, and compliance with local regulations.
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