4. How easy will it be for others to enter the market and provide the same product or service? a. Describe your business model. How do you imagine your business operating to create and deliver value to customers? b. Give highlights of how your business will be organized to make it effective and efficient in delivering customer value. c.Briefly describe the strategies your business will employ, e.g. d. Production strategy e. Marketing strategy – including pricing, promotion, and distribution. f. How will you deploy your resources, especially human resources to achieve the business goals?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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4. How easy will it be for others to enter the market and provide the same product or service?

a. Describe your business model. How do you imagine your business operating to create and deliver value to customers?

b. Give highlights of how your business will be organized to make it effective and efficient in delivering customer value.

c.Briefly describe the strategies your business will employ, e.g.

d. Production strategy

e. Marketing strategy – including pricing, promotion, and distribution.

f. How will you deploy your resources, especially human resources to achieve the business goals?

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