2:37Take QuizExitUK Phone Finder is known to be one ofthe worst mobile app ever created. It is amobile phone app on your mobile phonetelling you where you can find payphonesto phone someone. The app didn't gowell in the market. Why do you think so?Mention things you think that thebusiness/developer miss out during theearly stages of conceptualizing thebusiness.Paragraph vB I U12pt vO words

UK phone finder mobile phone app missed out on the early stages, as initially various expenses and…

Answered: well in the market. Why do you think…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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how do you think a company can help you achieve your goals
Review the following section from the article we previously covered, Experimenting in the Entrepreneurial VentureLinks to an external site. from the Harvard Business Publishing Coursepack. Minimum Viable Product MVP, section 2.3, step 3, pages 8-13. Look at your Business Model Canvas Map. Do you have a minimum viable product? If so, can you refine it more? If you don’t have one, what product would you like to provide to potential customers? If you have not already, decide on a minimum viable product for your business and write about it in a document (at least 50 words). Consider the following prompts when writing about your product: What is your minimum viable product? Why did you choose this product? What kind of reaction do you believe you will have from your customers?
Develop a business idea not exceeding 500 words. If you have an opportunity to start a business, what kind of business will you start? Mention about: (i) The industry and product/service you are interested in. (ii) State why you are interested in that business. (iii) Who will be your customers and competitors? (iv) The initial amount you may require starting your business.
Develop a scenario where you are planning to start your own business.Type of business▪ Size of the business▪ Location of the business▪ Any other markets in which it will operate▪ Examples of products and services▪ Key competitors▪ Main customer segments/target markets
Final Business Model and Strategic PlanWrite a 700- to 1,050-word section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets.Include marketing and information technology strategies and tactics.Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally.Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility.Develop a 350-word page executive summary defining the new division of existing business. Share your Vision, Mission, final business model, value proposition and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders.Note:…
What are the factors that you should research about before you start or invest in business? And does research guarantee that a business will succeed? Why or why not?
Generating business ideas is very important for the establishment of the business enterprise .Outline and describe giving practical examples, ten possible sources of business ideas.
How important it is for the company to really focus on the user's needs before realizing profit?
Identify and illustrate four main differences between a business model and a business plan using examples from a real-life startup.
i need the answer quickly
Read the following carefully and answers the questions given in the end. Please be precise with your answers. Mars Dog Foods makes and sells dog food for puppies and adults. It has been a leader in the industry for more than 25 years. Until recently, the company has successfully pursued a low-cost strategy by selling a limited number of food recipes and holding down manufacturing costs. However, Mars Dog has lately struggled to maintain profitability because many new competitors offer low-cost food choices. Thus, the leadership team has decided it is time to change its strategic focus. Mars Dog’s extensive market research shows that niche dog food markets have emerged where pet owners are willing to pay more for hypoallergenic food made only with all-natural ingredients. There are only a few competitors in this market space, and most do not have Mars Dog’s excellent reputation. The company’s leadership believes they can manufacture hypoallergenic dog food to dominate niche markets. By…
A business does not need to worry about continually improving the value it creates for consumers and society. true or false

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well in the market. Why do you think so? Mention things you think that the business/developer miss out during the early stages of conceptualizing the business.