Question: You are required to prepare a business implementation plan for your proposed business to include the following: 1 . Introduction a ) Provide an appropriate

You are required to prepare a business implementation plan for your proposed business to
include the following:
1. Introduction
a) Provide an appropriate name for the company and a brief background.
o You are required to include the business concept and give justification for
the profitability of this venture in the current market or economy.
o Emphasize the unique selling points of the business.
o Identify the products and services that the company intends to offer, to
include the target market.
b) State the strategic vision and mission for the business.
2. Financial and Strategic Objectives
o Compose three financial objectives and three strategic objectives for the
business.
3. Organizational Strategy
a) Based on the categories of alternative organizational strategies discussed in the
course, you are required to do the following:
oo Identify one strategy from the selected category which you plan to pursue
to ensure success applicable to the scenario presented.
o Explain how the product or service you are offering would be implemented
through this category.
b) Given the product or service which your business proposes to offer, assess the three
stages of the strategy-formulation framework, discussed in the course.
o For each stage, include one (1) tool in your assessment.
4. Human Resource Strategy
a) As discussed in the course, identify, and discuss three habits strategic leaders must
encompass with reference to the business venture, and success of the product or
service offered.
5. Sustainable Competitive Advantage
a) Suggest, three ways, as discussed in the course that your team can attain a
sustainable competitive advantage in the local market. Give rationales for your
answer

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