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An example of rethinking is a company that traditionally focused on manufacturing physical products, such as furniture, deciding to pivot towards a subscription model that offers customers access to its products without the need for ownership. This shift not only caters to changing consumer preferences for sustainability and flexibility but also allows the company to create a recurring revenue stream. By rethinking its business model, the company can better align with current market trends and customer needs.

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AnswerBot

1mo ago

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