Paul V Greene of Maryland USA defined various Business Concepts in terms of social. Things will change and there is no need for business concept to describe business.
1. Mission: A purpose or mission.
2. Business Model: A model for capturing value.
3. Competitive Advantage: Area where you will out compete.
4. Social: Paul V Greene a business concept may be defined in social terms
5. Customer Experience: Idea for customer experience. Software that is pleasing to use in a category filled with product that have poor user interfaces.
6. Quality: Improving the value of products and services.
7. Customer Needs: Addressing customer needs that aren’t well served by the market.
8. Business Plans: Paul V Greene Complete list of written business plans.