Question: Break into groups 01 three to Five people and discuss the following scenario. Appoint one group member as a spokesperson who will communicate your Findings

 Break into groups 01" three to Five people and discuss the

Break into groups 01" three to Five people and discuss the following scenario. Appoint one group member as a spokesperson who will communicate your Findings to the class. You are the founders of a health club. The health club industry is quite fragmented, with many small players, and iust a few larger players such as LA Fitness, 24 Hour Fitness, and Gold's Gym. Your backers want you to devise a strategy for growing your business, quickly establishing a nationwide chain of health clubs. 1 . Is there scope for value innovation in this industry? What might a value innovation strategy look like? 2. Describe how your chosen strategy would enable you to create a national brand and/or attain scale economies. 3. What would your growth strategy be: chaining or Franchising? Be sure to iustiiy your

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