Question: This is an individual assignment wherein students will write a reflective note on a business model prepared for purchasing second goods and selling them at
This is an individual assignment wherein students will write a reflective note on a business model prepared for purchasing second goods and selling them at low-cost (thrift stores). The note may include the following points: What are strengths and weaknesses? Discuss what is customer pain area? Argue why resolving customer pain area is important? How does your group recognize the opportunity? Was the opportunity discovered or created? What is your strategy? What is the market entry strategy: First Mover or Late Mover? What are core competencies? What are key operations? How potential costs and revenues are analyzed. In summary, you need to evaluate all three sections and reflect on the strengths and weaknesses of the current plan
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
