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1 page/≈275 words
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APA
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Business & Marketing
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Essay
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English (U.S.)
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Topic:
Vitamin Infused Drink Global Business Plan
Essay Instructions:
Respond to the following in a minimum of 175 words:
Imagine that you’ve decided to become an entrepreneur and have set yourself the task of creating a global business plan. Choose one of the following products/services: a new mobile multi-user video game, a new line of upcycled clothing, or a vitamin-infused drink mix. What would your global business plan need to include? How would you go about breaking out the task of creating it?
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Vitamin Infused Drink Global Business Plan
Executive Summary will describe the company's mission statement, a summary of the product – the vitamin-infused drink mix - and the reason for venturing into the manufacture and sale of this drink.
Company description will include information about the business model, the core business goals, and the targeted consumers of the vitamin-infused drink. It will highlight the company's competitive strengths and the competitive advantages available to the business.
Market Analysis will help substantiate the company's strengths by demonstrating what the other competitors are doing and why they succeed and fail. Analysis of the market will give a clear picture of the market demographics, incomes, and buying habits.
Competitive analysis. By contrasting this business with other competitors. Competitive analysis will describe the competition's strengths, weaknesses, and reasons why the vitamin-infused business will succeed despite the competition.
Description of the product – Vitamin infused drink. It will describe the product, the duration the product will be in the market, and strategies to satisfy customer demand.
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