This is an individual assignment wherein students will write a reflective note on a business model prepared by another group. 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

business model: thrift store opening in Jammu and Kashmir, dealing in all kinds of product