Question
Select or think of any product of your choice and develope a 10 to 15 (page) business model for the marketing of the product. The
Select or think of any product of your choice
and develope a 10 to 15 (page) business model
for the marketing of the product. The business
model must focus on the 9 elements mentioned as below:
1. Develop a clear vision and translate it into a meaningful mission statement.
2. Assess the company's strengths and weaknesses.
3. Scan the environment for significant opportunities and threats facing
4. Identify the key factors for success in the business.
5. Analyze the competition.
6. Create company goals and objectives.
7. Formulate strategic options and select the appropriate strategies.
8. Translate strategic plans into action plans.
9. Establish accurate controls.
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