in the week 2 [Essay writing service – your education, our expertise: Get any assignment done with our professional essay writers before your deadlines – Zero AI, Human experts and Fast delivery.] discussion, you began work on your SWOT (strength, weakness, opportunity, threat) matrix. Your task in this assignment is to revise your SWOT matrix based on the feedback you received in the discussion thread. You will also summarize the key learnings from your SWOT matrix.<\/p>\n
Reminders and Notes
\nBefore beginning this assignment, you may find it helpful to review textbook Chapter 3, “Making Your Plan Compelling.” This chapter provides useful information about how to organize the information in your business plan.
\nYour chosen company will operate in a 100-mile radius from your home address. Your goal is to reach $1 million in sales by the end of the second year.
\nBe sure to follow the guidelines, whether you are using the snack food company or the company of your choice.
\nSnack Food Company Guidelines [PDF].
\nCompany of Your Choice Guidelines [PDF].
\nRequirements
\nThe specific requirements for this assignment are to write a 3\u20135 page paper in which you:<\/p>\n
Describe the product or service on which the company is focusing, including the company’s name and its significance.
\nRevise the company\u2019s mission statement based on feedback received in the Week 1 discussion thread, including the rationale for each component of the mission statement.
\nPlace the mission statement within quotation marks.
\nUse the Mission Statement Worksheet on pages 72\u201373 of your textbook as a guide.
\nDescribe the trends in your specific industry, focusing on your particular type of product or service.
\nResearch and outline industry trends. Be sure to consider the size and growth rate for the overall industry and for the specific product or service on which you are focusing.
\nSearch the Strayer Library, industry associations, and reliable websites for recent data.
\nSelect the strategic position from the course textbook (pages 146\u2013147) that you believe is the best one for your chosen company and explain how you will implement it to distinguish your product or service from the competition.
\nConsult Chapter 9, “Strategic Position & Risk Assessment” of your textbook for help in crafting this portion of your business plan.
\nDescribe the company\u2019s distribution channels and provide the rationale for your selection.
\nSample questions to ask when choosing distribution channels:
\nWill you sell your product in grocery stores, restaurants, or sports venues?
\nWill you sell your product online or as a subscription?
\nWhere will the service be offered?
\nRevise your selected company\u2019s SWOT matrix based on feedback from the week 2 [Essay writing service – your education, our expertise: Get any assignment done with our professional essay writers before your deadlines – Zero AI, Human experts and Fast delivery.] discussion thread and summarize the key learnings from your matrix.
\nBe sure to use the SWOT Matrix [DOCX] (table) when revising your SWOT matrix.<\/p>\n
—-<\/p>\n
You started working on your SWOT (strength, weakness, opportunity, and threat) matrix during the week 2 [Essay writing service – your education, our expertise: Get any assignment done with our professional essay writers before your deadlines – Zero AI, Human experts and Fast delivery.] discussion. This project ( help with nursing paper writing from experts with MSN & DNP degrees) requires you to revise your SWOT matrix in light of the criticism provided in the discussion thread. You’ll also describe the main takeaways from your SWOT analysis.<\/p>\n
Notes & Reminders<\/p>\n
You might find it beneficial to go over Chapter 3 of the textbook, “Making Your Plan Compelling,” before starting this homework. This chapter will teach you how to organize the data in your business strategy.<\/p>\n
Your chosen business will operate within a 100-mile radius of your residence. By the conclusion of the second year, you want to have made $1 million in sales.<\/p>\n
Be sure to follow the guidelines, whether you are using the snack<\/p>\n","protected":false},"excerpt":{"rendered":"
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