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Formulate a business idea that is sustainable and marketable . Give 3 ideas and for GOOD HEALTH AND WELL BEING
Step by step
Solved in 2 steps
- 1. Identify the different sources of business opportunities. Cite an example for each sources of business opportunities that will meet the needs of the market.THEME: Identifying business opportunity by addressing current issues in your community Through market observation and changes in today’s lifestyle preference as well as daily struggles, you are able to identify various business opportunities. You are required to identify a business opportunity by addressing current issues in your community. Evaluate THREE (3) potential business ideas, and select ONLY ONE best idea to be presented in the Business Model Canvas (BMC). This business ideamust be a new and creative solutions that specifically address the identified issue. Develop your business idea through Business Model Canvas (BMC). Your submission must include:1. Business ideas.2. Value proposition. 3. Market and Customer segments.4. Channels.5. Customer relation.6. Key activities7. Key resources.8. Key partners.9. Cost structure.10. Revenue streams and pricing models.Identify a particular type of business you may wish to start. You are required to:1. Develop a written mission statement for that business2. Construct a set of goals for the business3. From the set of goals developed in (2) above, formulate specific verifiable objectives4. Devise a statement of social responsibility (CSR) for the business5. Discuss two strategies that you intend to adopt to grow the business
- 1. Describe the elements of a company's marketing environment and discuss why marketers play a critical role in tracking environmental trends and spotting opportunities. 2.List some of the demographic trends of interest to marketers in the United States and discuss whether these trends pose opportunities or threats for marketers. 3. Discuss current trends in the natural and economic environment that marketers must be aware of and provide examples of company responses to each trend.How will your business proposal contribute to sustainability or environmental responsibility? Dont upload imagesAnalyze the marketing environment of a public company (demographic, environmental, political, economical, socio/cultural and technological) and prepare a SWOT analysis.
- what is the new news about business today that is connected to marketing?Generating business ideas is very important for the establishment of the business enterprise .Outline and describe giving practical examples, ten possible sources of business ideas.Describe market segmentation and how does a company decide on its target markets and market segments? Using any Small Medium Enterprise (SME) as an example, justify your answer.
- Reflect on how the concepts in advanced marketing can be applied to real-world situations and can increase your chances to career or life success?Discuss the case for marketing to be viewed as a profession. How does this relate to both the nature of the responsibilities that are given to the marketing function and also to the nature of the actual job of a marketing manager?Take into consideration the macroenvironment factors that drive the way you do business today. How will these factors change in the future? What other major trends could affect marketing?
