Scenario$*$:

Chef Peter wants to take his culinary expertise from high$-$end restaurants to the streets. His talent lies in crafting dishes that are not only a feast for the palate but also a delight for the eyes. His vision is to launch a food truck business that marries the sophistication of gourmet cuisine with the casual, accessible vibe of street food. Starting with a budget of $$150,000,$ Peter is focusing on selecting a menu that showcases his culinary prowess and that quickly generates profit.

Questions to Answer:

Business Model Canvas:

a$.$ Identify five of the business model canvas elements that you think are the most important for your client to focus on$.$

b$.$ For each $$ the elements you have prioritized, complete the element, and write about one paragraph explaining how your recommendation is strategic based on the information in the scenario.

Strategic Planning Process:

a$.$ Which information from the strategic planning process do you think is still missing from the business model canvas?

b$.$ Explain how important you think it is to finalize the steps you identified before launching the business. Justify the level of importance you described.

List the AI tools that you used and provide links to all the chats.

$*$This scenario is fictitious and created by ChatGPT$4$ on Nov $17,2023.$