The parts of a company's business model that are often easiest to identify are market strategy and market opportunity.
A market opportunity is a newly identified demand that a company could use to grow; often, this is because competitors aren't filling it.
A marketing strategy is a long-term plan for achieving a company's goals through comprehending customer needs and creating a distinct, sustainable competitive advantage. Everything is covered, from selecting the channels to use to get in touch with your customers to identifying them.
The target market for the venture, a competitive analysis, marketing strategies, estimated launch expenses, and funding sources should all be included in the business model of a new company.
For more information, Market strategy and market opportunity
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Answer:
$13,800
Explanation:
Static budget report for the second quarter and for the year to date
PRODUCT LINE: BUDGET; ACTUAL; DIFFERENCE; REMARK
Guitar:The Edge 380,800 394,600
13,800 favorable
Production line = Guitar:The Edge
Budget =$380,800
Actual=394,600
Difference = 13,800
Remark : Favorable
I believe the answer is a circut breaker
Answer: Advertising
Explanation:
For a new company to quickly reach as many customers as quickly as possible, the company has to be involved in selling itself to the public and also intensive advertising.
Advertising is a form public awareness created for a particular product: which is new or already existing in a market. Advertising could involve the use of; Mass media, social media, fliers and banners.
Answer:
Option B (Wheel) is the right answer.
Explanation:
- That was the most suited wheel-based networking architecture. So every team works reasonably amongst the many departments together, communicated as well as worked together as a centralized control through hubs.
- Instead, every crew here works alone and is interconnected to the hub so that it wouldn't immediately impact the activities of some other groups.
The other four alternatives aren't connected to the given scenario. So the above is the right option.