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Airida [17]
2 years ago
6

Which are the first steps you should consider when constructing an online business strategy.

Business
1 answer:
Nat2105 [25]2 years ago
5 0

The first steps you should consider when constructing an online business strategy are: create goals and identify a USP.

<h3>What is a business strategy?</h3>

A business strategy can be defined as a set of guiding principles, actions, policies, and decisions that a business organization strategically combines, so as to successfully achieve its goals, objectives, attract potential customers and possess a competitive advantage over its rivals in the industry.

<h3>The types of business strategy.</h3>

Generally, there are four (4) main types of business strategy and these include the following:

  1. Organizational (Corporate) strategy.
  2. Business (Competitive) strategy.
  3. Functional strategy.
  4. Operating strategy.

In Business management, the first steps you should consider when constructing an online business strategy are:

  • Create goals
  • Identify a unique selling proposition (USP).

Read more on business strategy here: brainly.com/question/17130109

#SPJ1

Complete Question:

Which are the first steps you should consider when constructing an online business strategy?

Create goals and identify a USP

Understand the target audience

Change your mission statement to match the goals

Define and segment your audiences

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