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The Mission, Vision and Core Values of your company or any company of your choice and
why you like that company.
Step by step
Solved in 4 steps
- What does your business do, and how does it satisfycustomers’ needs?Outline six key milestones essential for deeming a company “viableBased on your total life experience up to this point—as a student, consumer, employee, parent, and anyother role you’ve played—what sort of business wouldyou be best at running? Why?
- Entrepreneurs must be strategic thinkers in order to develop the plans and objectives necessary to start abusiness that will last. Imagine you are starting a new music-streaming service. You have decided todifferentiate your service from the others already in the marketplace. Think of three ways to add value toyour service and also the performance measures you’ll need to use in order to know if your added valueis really valued by customers.You are an artist-entrepreneur and you would like to incorporate contemporary art in your business . Think of innova- tive ways to incorporate contemporary art in your business . Write a business plan that describes how the use of con- temporary art will help your business. Your business plan will be read by your business partners.REFLECTION: If you're thinking about starting a business, most likely you have dreamed of one that involves your interests. But, what does the market need or want? Do you know who is buying what and how much, or how, where and why they are buying those goods or services already? Determining the marketability of your start-up business is typically done in the context of creating a business plan and performing an analysis of your competition. It requires research into areas of marketability,
- select a franchise that interests you. Once you have looked at the information provided, please prepare and submit a written report that covers the following: Name of franchise you selected and a brief summary of the business opportunity. Why you selected the franchise you did. What was it about this particular franchise that attracted you to it? Start-up costs. Specify what the owner (“franchisee”) will have to invest, as well as any contributions toward start-up that the franchisor will make. Potential profit or income from the business. Support that the franchisor will provide the owner (“franchisee”), such as training, supplies, materials/equipment, location, building.What is your business goal?"Acquiring, enhancing, and retaining profitable relationships with customers is key to any business growth." What method can help the organization in achieving this. Explain in brief?