address the following:Describe in detail your new idea for your chosen company. Provide the SWOT component related to your idea and explain. $($Ex: Ensure to include your idea in the opportunities of your SWOT.$)$Include production and logistics of your new idea. $($Ex: Do you need to expand your building, add more employees, build a new production line, add a distribution center in another country.$)$ Be specific.Outline how it impacts the company's growth, competition, or market demands $($it could affect some or all$).$ Be specific and use research, data, and statistics, and make an estimation of how much it could add to the companys profit margin and how you foresee this growing the company.Explain "How and when" you will implement your idea. Again, be specific. For example, the proposed launch is in the Spring of $20$XX$.$ Dont state immediately. Immediately can mean different things to different companies. Be thoughtful and come up with a specific date for your launch and provide a reason for that launch date.