please answer this asap!! i've included an example from my classmate. Thank you, very much appreciated!!

Discussion 3: Creating Customer Value (3%) The value proposition of any business is a description of the value provided to customers. Value includes the product or service, as well as any other benefit that is included A convenience store adds value' by choosing convenient locations (close to the customer), providing various products, and staying open 24 hours a day (always available). A customer might expect to pay more for a product at a 7-Eleven store because of the added value Requirements Your task is to select two (2) different local' small businesses that operate in the same industry 1. Use the Business Model Canvas to describe how each company uses a different approach to serving customers. The canvas uses nine different categories to describe how a buginess model serves customers. Use these categories to compare your selected companies (not all categories apply equally After making your comparison, answer these questions about your selected companies: What 'value proposition does each company offer? How are the value propositions different? Does one of the companies have a better value proposition? Answer the questions using paragraph.format(APA). Be sure to include any references used In addition to making your own post, please make a meaningful response treply) to at least one other post Resources: 1. The Business Model Canvas template - https://moodle.nait.ca/mod/resource/view.php?id=10353967 (Note: You do not have to use the template--you can simply list the categories in a word document or powerpoint table for comparison) Designed for The Business Model Canvas Key Activities Died by Date Key Partners Value Propositions Customer Relationships Customer Segments Key Resources Channels Cost Structure Revenue Streams Workshop Eatery Key Partners The owner enjoys working with local fomers and prefers to get ingredients locally whenever possible, Key Activities Offers the option to book events up to 110 people, dine in or order catering Key Resources Staff, restaurantliquor license, building Value Proposition The aim for Workshop Eatery is to create a welcoming space that is genuine and offers locally sourced ingredients for their food. Everything is made in house, even the ketchup and Jams. The chef/owner also likes to entertain the customers and support local farmers, Customer Relationships Workshop Eatery claims to know their neighbours by name and make customers feel more like guests in their home rather than customers for the business. Customer Segments Workshop Eatery is for everyone to come and enjoy but has a strong focus on the 18+ group as they sell alcohol and hosts events for adults, though kids can come to some Channels The business is on Instagram, Facebook, Twitter, and has its own website. Cost Structure Fixed costs to pay for the ingredients for food drinks, utilities, and wages The aim for Workshop Eatery is to create a welcoming space that is genuine and offers locally sourced ingredients for their food. Everything is made in house, even the ketchup and jams. The chef/owner also likes to entertain the customers and support local farmers. Customer Relationships Workshop Eatery claims to know their neighbours by name and make customers feel more like guests in their home rather than customers for the business Customer Segments Workshop Eatery is for everyone to come and enjoy but has a strong focus on the 18+ group as they sell alcohol and hosts events for adults, though kids can come to some Channels The business is on Instagram, Facebook, Twitter, and has its own website. Cost Structure Fixed costs to pay for the ingredients for food/drinks, utilities, and wages. Revenue Streams Offers brunch, lunch, dinner, and a large variety of drinks, Events that accommodate 70 peoplt are more of a traditional style dinner and the 100-110 are more for weddings, parties, special events, and golf tournaments. If someone was to book the entire space, they need to spend a minimum of $9,000 before tax. Catering is also available Situation Brewing Key Partners Situation Brewing must buy equipment for their beer brewing machines. Key Activities Dine in and try many different types/flavours of beer. Key Resources The company needs basic ingredients to make beer and also craft their food while also having a restaurant & liquor license. Situation Brewing Key Partners Situation Brewing must buy equipment for their beer brewing machines, Key Activities Dine in and try many different types/flavours of beer. Key Resources The company needs basic ingredients to make beer and also craft their food while also having a restaurant & liquor license Value Proposition Not only does situation Brewing offer its own types of brewed beers but also offer tours to customers who want to see how they beer is developed and can taste test at the location Customer Relationships The tours may consist of a healthy amount of 20 people at a time to bring the feeling of a private yet group-oriented atmosphere. Customer Segments The customers must be 18 years or older to visit the brewery which implies they are targeting the adult section of the market. Channels They are advertised on Tripadvisor.get reviews from yelp, have a Facebook page and have their own website. Cost Structure Situation Brewing has fixed costs that pay the wages, utilities, and other expenses for the pub and brewery Revenue Streams Revenue is brought in from their pub location and from customers going on tours to view the brewery, Revenue is brought in from their pub location and from customers going on tours to view the brewery What'value proposition' does each company offer? Workshop Eatery has a chef that brings many years of experience to his kitchen/restaurant and always prefers to use local ingredients rather than outsourced to support the local people (farmers) and to ensure his customers know they are getting fresh food every time. Situation Brewing adds value to their business by having tours available to the customers who want to see how the beer is manufactured and get some Insight on the beer industry. Having their own flavours of beer shows how dedicated Situation Brewing is to making themselves standout as an original authentic pub, brewery and brand, How are the value propositions different? Workshop Eatery has a strong focus on having local fresh ingredients to make the customers feel as if they are getting good food while supporting the local area of Edmonton Workshop Eatery also provides the option to host events for clients for almost any occasion which provides the customers with the peace of mind to relax while at the restaurant. On the other hand, the tours that Situation Brewing has are an amazing asset to which the customers can visit and enjoy the art of making beer. The pub is also a great place for the customers to dine and watch their favourite sports teams play. Does one of the companies have a better value proposition? In terms of having a more classical style dinner or hosting events Workshop Eatery has the upper hand. With this sald, if customers value being in a louder more action-packed environment and having more of a pub style meal, Situation Brewing proves to be better. Lastly, Workshop Eatery may provide catering to people who want the food delivered to their house for the event of a birthday, etc. And Situation Brewing adds the tours to appeal to beer enthusiasts or people generally interested All in all, both have positives that make it hard to distinguish who has the better overall value proposition, it truly depends on what a person/customer looks for when going out References https://robertspencerhosp.com/workshop eatery/ http://situationbeer.com/ https://www.edmontonmade.com/local-business-directory/ Discussion 3: Creating Customer Value (3%) The value proposition of any business is a description of the value provided to customers. Value includes the product or service, as well as any other benefit that is included A convenience store adds value' by choosing convenient locations (close to the customer), providing various products, and staying open 24 hours a day (always available). A customer might expect to pay more for a product at a 7-Eleven store because of the added value Requirements Your task is to select two (2) different local' small businesses that operate in the same industry 1. Use the Business Model Canvas to describe how each company uses a different approach to serving customers. The canvas uses nine different categories to describe how a buginess model serves customers. Use these categories to compare your selected companies (not all categories apply equally After making your comparison, answer these questions about your selected companies: What 'value proposition does each company offer? How are the value propositions different? Does one of the companies have a better value proposition? Answer the questions using paragraph.format(APA). Be sure to include any references used In addition to making your own post, please make a meaningful response treply) to at least one other post Resources: 1. The Business Model Canvas template - https://moodle.nait.ca/mod/resource/view.php?id=10353967 (Note: You do not have to use the template--you can simply list the categories in a word document or powerpoint table for comparison) Designed for The Business Model Canvas Key Activities Died by Date Key Partners Value Propositions Customer Relationships Customer Segments Key Resources Channels Cost Structure Revenue Streams Workshop Eatery Key Partners The owner enjoys working with local fomers and prefers to get ingredients locally whenever possible, Key Activities Offers the option to book events up to 110 people, dine in or order catering Key Resources Staff, restaurantliquor license, building Value Proposition The aim for Workshop Eatery is to create a welcoming space that is genuine and offers locally sourced ingredients for their food. Everything is made in house, even the ketchup and Jams. The chef/owner also likes to entertain the customers and support local farmers, Customer Relationships Workshop Eatery claims to know their neighbours by name and make customers feel more like guests in their home rather than customers for the business. Customer Segments Workshop Eatery is for everyone to come and enjoy but has a strong focus on the 18+ group as they sell alcohol and hosts events for adults, though kids can come to some Channels The business is on Instagram, Facebook, Twitter, and has its own website. Cost Structure Fixed costs to pay for the ingredients for food drinks, utilities, and wages The aim for Workshop Eatery is to create a welcoming space that is genuine and offers locally sourced ingredients for their food. Everything is made in house, even the ketchup and jams. The chef/owner also likes to entertain the customers and support local farmers. Customer Relationships Workshop Eatery claims to know their neighbours by name and make customers feel more like guests in their home rather than customers for the business Customer Segments Workshop Eatery is for everyone to come and enjoy but has a strong focus on the 18+ group as they sell alcohol and hosts events for adults, though kids can come to some Channels The business is on Instagram, Facebook, Twitter, and has its own website. Cost Structure Fixed costs to pay for the ingredients for food/drinks, utilities, and wages. Revenue Streams Offers brunch, lunch, dinner, and a large variety of drinks, Events that accommodate 70 peoplt are more of a traditional style dinner and the 100-110 are more for weddings, parties, special events, and golf tournaments. If someone was to book the entire space, they need to spend a minimum of $9,000 before tax. Catering is also available Situation Brewing Key Partners Situation Brewing must buy equipment for their beer brewing machines. Key Activities Dine in and try many different types/flavours of beer. Key Resources The company needs basic ingredients to make beer and also craft their food while also having a restaurant & liquor license. Situation Brewing Key Partners Situation Brewing must buy equipment for their beer brewing machines, Key Activities Dine in and try many different types/flavours of beer. Key Resources The company needs basic ingredients to make beer and also craft their food while also having a restaurant & liquor license Value Proposition Not only does situation Brewing offer its own types of brewed beers but also offer tours to customers who want to see how they beer is developed and can taste test at the location Customer Relationships The tours may consist of a healthy amount of 20 people at a time to bring the feeling of a private yet group-oriented atmosphere. Customer Segments The customers must be 18 years or older to visit the brewery which implies they are targeting the adult section of the market. Channels They are advertised on Tripadvisor.get reviews from yelp, have a Facebook page and have their own website. Cost Structure Situation Brewing has fixed costs that pay the wages, utilities, and other expenses for the pub and brewery Revenue Streams Revenue is brought in from their pub location and from customers going on tours to view the brewery, Revenue is brought in from their pub location and from customers going on tours to view the brewery What'value proposition' does each company offer? Workshop Eatery has a chef that brings many years of experience to his kitchen/restaurant and always prefers to use local ingredients rather than outsourced to support the local people (farmers) and to ensure his customers know they are getting fresh food every time. Situation Brewing adds value to their business by having tours available to the customers who want to see how the beer is manufactured and get some Insight on the beer industry. Having their own flavours of beer shows how dedicated Situation Brewing is to making themselves standout as an original authentic pub, brewery and brand, How are the value propositions different? Workshop Eatery has a strong focus on having local fresh ingredients to make the customers feel as if they are getting good food while supporting the local area of Edmonton Workshop Eatery also provides the option to host events for clients for almost any occasion which provides the customers with the peace of mind to relax while at the restaurant. On the other hand, the tours that Situation Brewing has are an amazing asset to which the customers can visit and enjoy the art of making beer. The pub is also a great place for the customers to dine and watch their favourite sports teams play. Does one of the companies have a better value proposition? In terms of having a more classical style dinner or hosting events Workshop Eatery has the upper hand. With this sald, if customers value being in a louder more action-packed environment and having more of a pub style meal, Situation Brewing proves to be better. Lastly, Workshop Eatery may provide catering to people who want the food delivered to their house for the event of a birthday, etc. And Situation Brewing adds the tours to appeal to beer enthusiasts or people generally interested All in all, both have positives that make it hard to distinguish who has the better overall value proposition, it truly depends on what a person/customer looks for when going out References https://robertspencerhosp.com/workshop eatery/ http://situationbeer.com/ https://www.edmontonmade.com/local-business-directory/