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- Briefly discuss the importance of setting of goals and objectives. What possible benefits do we get? Do not post copied answerDiscuss about any existing company showing the main issues and give recommendations to someone who want to start his own business.After operating for some time and having evaluated the finances to project the sales of the business, it is necessary to think that, as a business owner, you must establish a strategic marketing plan which gives you a better idea about the market and business opportunities. growth in the industry. For this reason, in this task you will develop a strategic marketing plan for your coffee shop business. The plan must contain the following elements: a) Executive Summary i) Summarize all the most important aspects of your strategic marketing plan. b) Our client (buyer person) i) Describe the different types of customers the business appeals to. c) Product or service i) Evaluate the product or service according to the market need. ii) Defines the branding elements of the business.
- Assignment 4: Exploring Marketing Strategies Name: Grade & Section: Instruction: Answer the following question through elaborate explanation. Submit your answers in Google Classroom. Do not forget to write your name, grade/section and title. You can submit a different file for your answer. What are the differences between traditional and entrepreneurial marketing? How does a marketing plan help an entrepreneur? 1. 2. 3. How does customer service impact sales of a new business? 4. What is a target market? Why is it important to know the target before creating the marketing mix? 5. What is market research? Why is it important to do research before you start a business?Future Planning Future-prepping means trying to assess what your company is going to need, both in the short and long term. what the future planning if you are an executive director in pendrive company.To prepare a business plan for a new ice cream business (not an existing business/company). Executive summary. This section is a synopsis of the plan. You should include the following: The problem, need or want the business addresses. Target market(s) and benefits of the product. The business model and basis for competitive advantage. Qualifications of founding team and key employees. Key financial highlights.
- ACTIVITY: CREATE YOUR OWN. Directions: Think of a product that is essential to the customers in times of pandemic. Make sure that it will be useful to the daily lives of your target customers. And give its benefits.1) Provide background information on Bermudez Biscuit company ltd. 2) Provide Detailed information on the product 3) Provide detailed SWOT Analysis of the company (information on the productHow to evaluate the success the solution suggested
- Topic: You must prepare a basic business plan for a small or medium enterprise (SME) that is either (i) hypothetical (that you envisage) or (ii) operating in real-life (with which you are somewhat familiar with). Objectives: To design the fundamentals of a business that is viable (i.e. profitable) and to ensure and demonstrate this in as many aspects of the project as possible. The following conditions must be met: - Overview: Summarize key background information about your company; explain its main purpose and aims. - Products or services: Describe your main products or services. Why could they be unique and appealing to consumers? - Target market: Is there a clear (medium or long-term') demand for it? Is it worthwhile to start dealing with it at all? Competition: What are some of the drivers of competition? What are some strengths and weaknesses of your competitors? Site selection: Some fundamental geographical and economic advantages and disadvantages of the chosen site should be…a. Explain how did the Bonia Company perform in the past year overall in terms of return on investment, market share, and profitability? b. What are the Bonia Company's current mission, objectives, strategies, and policies? c. Are they clearly stated, or are they merely implied from performance?4.Explain each common section in business plan.