Please draft a business plan according to the Lean Canvas Model. Model is attached below Unique Value UnfairProposition AdvantageCustomerSegmentsProblemSolutionTop 3 problemsTop 3 featuresSingle, clear,compellingmessage thatstates why youare different andKey Metrics worth buyingCan't be easilycopied or boughtTarget customersChannelsPath toKey activities youmeasurecustomersCost StructureRevenue StreamsCustomer Acquisition CostsDistribution CostsHostingPeople, etc.Revenue ModelLife Time ValueRevenueGross MarginPRODUCTMARKETLean Canvas is adapted from The Business Model Canvas (http://www.businessmodelgeneration.com) and is licensed under theCreative Commons Attribution-Share Alike 3.0 Un-ported License.

Lean project management focuses on lean manufacturing principles for project management. The goal…

Answered: Please draft a business plan according…

Business

Management

Please draft a business plan according to the Lean Canvas Model. Model is attached below

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: Explain why finding and fixing a problem early in the system development lifecycle is much less…

A: Sentence 'prevention is better than cure' is accurate when it comes to bugs and security risks. It…

Q: System design refers to: Select one: a. New product fit in existing organisation processes b. Review…

A: d. Detailed design specifications Because system design is the way toward characterizing components…

Q: Organizations with same number of employees need not have the same degree of vertical…

A: Organizations with same the number of employees need not have the same degree of vertical…

Q: Read the below scenario carefully and answer the questions? Entrepreneur Andrew Field bought a…

A: Break-even is a situation wherein an organization is neither making any profit nor making any…

Q: "The main goal of using Blueprinting in the service process is to create valued experiences and…

A: Service blueprints are diagrams that depict organizational processes in an attempt to optimize how a…

Q: Course: work study and Method Engineering Discuss micro-chronometer along with its advantages and…

A: Frank Gilbreth invented the micro-chronometer for recording a worker's motions and amount of time…

Q: I need help with the implementation plan for SME. Here are some of the steps required. Potential or…

A: Disclaimer: The solution is authored from a general perspective.A business that fits within a…

Q: At the end of 20x1, Mejorar Company implemented a low-cost strategy to improve its competitive…

A: The actual cycle time and velocity can be computed as below:

Q: In my lean canvas, what are my solutions with selling my handmade soaps to women during the winter…

A: Lean Canvas is a business model and is the brainchild of Ash Maurya. This business model helps the…

Q: Explain why identifying and resolving an issue within the early stages of the system development…

A: The system development life cycle is a long term embedded notion.

Q: Will a tiny neighborhood food stall benefit from designing its own KRAs and KPIs? Would these be…

A: KRAs and KPIs: KRAs and KPIs are the short form used for key result areas and key performance…

Q: Abudawood is the manufacturer of P&G in KSA. As per the contract manufacturing, Abudawood takes the…

A: Contract manufacturing is the outsourcing of manufacturing to contract manufacturers (small…

Q: Find the products that comprise the efficient frontier. What is the dominated product alter- native?…

A: Below is the solution:-

Q: Miss Jones is a small business entrepreneur who currently does everything manually. She is the head…

A: A small business can be defined as a business in which there are only 20 or less than 20 employees…

Q: Draw a quadrant diagram using lead time on horizontal axis and demand uncertainty along the vertical…

A: The quadrant diagram provided below shows the lead time at the horizontal axis and demand is placed…

Q: Which one of the following is not usually an effective way to reduce production/assembly marketing…

A: Please find the answer below. COMPETATIVE ADVANTAGE: A company's ability to produce goods or…

Q: Because of the perishability of services, _____________ is especially important. Group of answer…

A: Service delivery is perishable in nature, i.e. it cant be produced and stored for later use like…

Q: Push-based supply chain is used

A: The correct answer is (d)

Q: describe how other houses might flow from the initial Quality Deployment Function house you built.

A: ANSWER: NOTE: ACCORDING TO BARTLEBY WE CAN ANSWER ONE QUESTION AT A TIME. IF YOU WANT US TO ANSWER…

Q: Justify the need of coordinating product needs with manufacturing steps.

A: Coordinating product needs with manufacturing steps is essential for ensuring the efficient and…

Q: product P.P requires 2 components of A, 3 components of B and 4 components C. A further requires 3…

A: Ans)1000 P are needed.200 P are there, So P needed = 1000-200 = 800

Q: 4V analysis of the product, and comment on the operational performance objectives

A: Product : Nike Shoes Volume Nike manufactures different types of shoes in a bulk based on the…

Q: The federal government has stated a program that helps people with incomes below 35,000 per year…

A: The “basic” RD design is a two-group pretest-posttest design. The term "pretest-posttest" denotes…

Q: The transparent conceptual framework consists of three component layers: the public strategic…

A: True

Q: P5 define the types of manufacturing approach, such as make to stock, make to order and engineered…

A: MAKE TO STOCK In this type, the inventory is manufactured and stocked in the warehouse. This is…

Q: List the steps needed to complete the value-stream map?

A: Value Stream Mapping is the management tool that helps in visualizing the critical process of…

Q: In a PSI plan, which should be your base for production? Inventory or Sales? Write your answer in no…

A: Inventory management is described as the process through which a company identifies the specific…

Q: 3. Discuss the following figure. Well trained personne Suitable and well maintained facilities…

A: Quality control refers to the process through which manager ensures the high quality of goods and…

Q: Using Figure 7.6 in the discussion of value-stream mappingas a starting point, analyze an…

A: A Small Introduction About Forecast Forecasting is beneficial to businesses because it helps them…

Q: Suppose a construction site is 35km away from the market area, Apply the knowledge of construction…

A: In the nick of time hypothesis or just in time theory The just-in-time (JIT) stock framework is an…

Q: How can the Kano model be applied to prioritize customer requirements in product development?

A: Customer Satisfaction refers to the key factor for the success of any business. To measure and to…

Q: The new business reality is that machines, capital and geography are the main competitive advantage…

A: Competitive Advantage Competitive advantage refers to all of the factors that enable a certain…

Q: Do sequential RFM and independent RFM approaches generally yield the same index for any given…

A: The RFM customer segmentation concept is a simple way to segment customers. The resulting segments…

Q: A matrix of information that helps a team translate customer requirements into operating or…

A: Quality is a proportion of consumer loyalty with an item or help. It is an organized strategy that…

Q: of Strategy and MPC System

A: Talking about the strategy first then, it is a business plan that the brand uses in order to achieve…

Q: List in detail SAP HANA’s capabilities in light of advantages to businesses with a high volume of…

A: SAP is an enterprise resource planning (ERP) software developed by the German company SAP SE.

Q: Strategok Supply Chain Management Canvas BY JAVIER Plan Efficiency (Eliminate or Reduce) Design…

A: The supply chain is the aspect of production management that is concerned with moving products and…

Q: Discuss delights, order winners, qualifiers and order losers for and their evolution over last…

A: In their most essential sense, cell phones are utilized to permit us to stay in contact with others…

Q: If total contribution margin of all menu items equals$2,500 and 250 items were sold, how you…

A: The contribution margin is figured as the selling cost per unit, less the variable expense per unit.…

Q: Product Life Cycle Management is a very important marketing concept and is used by Product Managers…

A: Product lifecycle management is refers to the whole journey that a product undertakes throughout his…

Question

Please draft a business plan according to the Lean Canvas Model. Model is attached below

Unique Value Unfair
Proposition Advantage
Customer
Segments
Problem
Solution
Top 3 problems
Top 3 features
Single, clear,
compelling
message that
states why you
are different and
Key Metrics worth buying
Can't be easily
copied or bought
Target customers
Channels
Path to
Key activities you
measure
customers
Cost Structure
Revenue Streams
Customer Acquisition Costs
Distribution Costs
Hosting
People, etc.
Revenue Model
Life Time Value
Revenue
Gross Margin
PRODUCT
MARKET
Lean Canvas is adapted from The Business Model Canvas (http://www.businessmodelgeneration.com) and is licensed under the
Creative Commons Attribution-Share Alike 3.0 Un-ported License.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.

Similar questions

Draw a simple bill-of-materials (BOM) for a smart phone given the following requirements: (a) clearly label the end item and each component, (b) the BOM must contain no more than ten items, (c) the BOM must contain at least three levels (you may count the end-item level zero).
Pls help me for this homework -) Please explain how to apply circular economy to the improvement of the life cycle of food-packaging systems and focus on food waste ?
24
1. Practice: Identify the Associated Tasks of Each Business Operations Component Following is a list of business operations components and the associated task of each component. Read each element carefully and select the correct business operations component. 1. Utilize lean manufacturing. multiple choice 1 Business location Equipment Labor Operational processes 2. Minimize production errors. multiple choice 2 Business location Equipment Labor Operational processes 3. Train all employees on new systems. multiple choice 3 Business location Equipment Labor Operational processes 4. Monitor vendor bargaining power. multiple choice 4 Business location Equipment Labor Operational processes
Best Shampoo & Co is declining in its organizational life cycle as the company is 25 years in existence by now. In order to boost its position and profit again Jay, the Production Manager, has the great idea to provide his customers the option to choose and select the elements, smell, ingrediencies, additives, even the packaging design and labels individually. Decide what type of production setting Jay is working in Job shop production Mass production Combination of mass and job-shop production Continuous production Combination of continuous and batch production Batch production Combination of batch and job shop production
In a ________ system the racks are mounted on electrically poweredbase frames: Select one: a. Adjustable pallet racking b. Powered mobile racking c. Storage for small items d. Double deep racking
State objective functions and constraints. Thank you.
Given the following customer requirements and technical requirements for a laptop, construct a partial House of Quality. Use your own preferences to denote relationship strengths Customer Requirements Technical Requirement Long battery life Processor efficiency Fast performance RAM capacity Lightweight design Build material High-quality display Screen resolution Ample storage SSD capacity
Rick Wing has a repetitive manufacturing plantproducing automobile steering wheels. Use the following datato prepare for a reduced lot size. The firm uses a work year of305 days. a) What is the setup cost, based on the desired lot size?b) What is the setup time, based on $40 per hour setup labor?
An efficient supply chain would be most closely aligned with which of the following production strategies? Group of answer choices a Design to order b Job shop c Continuous flow d Make to stock