Explainhow start–up enterprises can use creativity and innovation in their service and product development to help them to gain competitive advantage and to ultimately become successful.Your explanation should includereal-world examples and relevant statistics to support your answer
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Explainhow start–up enterprises can use creativity and innovation in their service and product development to help them to gain competitive advantage and to ultimately become successful.Your explanation should includereal-world examples and relevant statistics to support your answer
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- Explain how start–up enterprises can use creativity and innovation in their service and Product development to help them to gain competitive advantage and to ultimately Become successful. Your explanation should include real-world examples and relevant Statistics to support your answerExplain how start-up enterprises can use creativity and innovation in their service and product development to help them to gain competitive advantage and to ultimately become successful. Your explain should include real-world examples.Required: ii) Assuming you and your friend decided to go ahead and start this business, identify specific tpes of financial and nonfinancial information that would be required to run this business effectively. Please give me the correct answers from experts. Shorts and simple . Briefly. ########################### correct answers from experts.
- a. With reference to the business model canvas (as discussed in class), illustrate how the nine (9) elements interact in ascertaining how a business can sustainably generate revenues.You have been presented with four business tools for analyzing businesses: SWOT analysis, Five Forces Model, Three Generic Strategies, and Value Chain Analysis. Continuing to assist CIO Bob Stetzel, you need to recommend to him which tool or tools would be appropriate for Bob to use in analyzing VTB. What is your recommendation and discuss why you are recommending the tool or tools you have selected?“The market opportunity for notebooks is $x billion and is expected to grow at y% per year for the next z years.” This states shows that the market opportunity of notebooks. Some people might think that we should take the chance, expand our business and be the Milliner. Sometimes they say, “No risk No gain” or “Be an Entrepreneur-be your own Boooooss”. As we learned about the key factors of business model, we should think about other challenges. Task: Mention only one key element and discuss in short why this key element should be considered before starting the business of notebooks.
- Read the case study below and make your recommendations to Jane about whether she should pursue entrepreneurship based on the information provided. Jane Browne recently completed her college education. She has decided to start her own business because she has been unable to find work. She is unsure whether she possesses the personal qualities or qualifications required to become an entrepreneur. She isn't sure which type of business ownership is best for her. You discover the following information while speaking with Jane. She doesn't have a lot of money in the bank. Six months from now, she will be required to begin making payments on her student loans. She has a few friends who are also unemployed. They each have a small amount of money. They are all trained in the same field. She has a lot of great ideas for how to run her business. She does not want to share or change her ideas, and she is unsure how she will work in a team. She is not afraid of working long hours. When she was in…Analysis of the corporate-level strategy of the firm: PVH INC ● Identify the businesses the company is in (or is considering entering), how they are related (or unrelated), and whether and how they create additional value in their combination. Be specific and detailed. If it is unclear that value is created, try to assess why the firm might have chosen to enter those businesses. Be sure to include any appropriate financial analysis to support your assessment.Instructions Read the Enterprise Creation Lesson 8 Once you’ve read the material, answer the following questions Define what bootstrapping is in a new venture and why it’s important. Explain what the process is to develop bootstrapping plans.Provide three examples of a bootstrapping strategy. B .Research an entrepreneur of your choice. How are the aspects of business you’ have learnied from this chapter reflected in their experience? How did it contribute to their success or failure?
- There is a high failure rate for the person who actually starts his or her own business. Select one: True False These are situations in which new goods, services, raw materials, and organizing methods can be introduced and sold at greater than their cost of production Select one: a. entrepreneurial thinking b. entrepreneurial action c. entrepreneurial business d. entrepreneurial opportunitiesAs a vendor of organic produce and a new entrepreneur, you found out through research, the cafeteria does not currently provide organic produce to its customers. Additionally, you learned the senior manager of the cafeteria is Mr. Hightower, who has a team, primarily assisting with the daily operations and decision-making of the business. Upon learning this information, your next step is to meet with the senior manager as soon as possible to discuss the benefits of organic produce, and how you and your team can provide the best service to Mr. Hightower and his staff in a very cost-effective manner. In regards to this showcase prospecting approaches in qualifying and addressing customer’s need, demonstrate relationship selling behavior and techniques, illustrate the purchase type for this product, discuss the sales presentation types one can use to sell this product,a ddress the types of objections Mr. Hightower and his staff will have and how you will overcome them, demonstrate how one…Private airlines with the same resources have strong market position as compared togovernment airlines (Indigo vs Air India). Analyst suggested that management of a privatelyowned airline is better than bureaucrats managing the public sector company. Explain howknowledge of operations function of an organization contribute to the strategic advantage ofthat organization. How will you improve the market position of a government ownedenterprise if government decide to appoint you as managing director of that company.