Evaluate business models that organizations utilize

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Reference no: EM133824904

Competency
Evaluate business models that organizations utilize to effectively implement strategies.

Student Success Criteria
View the grading rubric for this deliverable by selecting the "This item is graded with a rubric" link, which is located in the Details & Information pane.

Scenario
You have decided to open an ice cream shop and move your home-based business into a storefront. Recently, you met with SBA National, a non-profit that focuses on helping entrepreneurs start their businesses with funding and guidance. The non-profit also hosts a business pitch competition for anyone who is a client. One of the requirements of the SBA business pitch competition is that each participant must fill out a Strategic Mind Map to capture the strategic plans for your business. Get Expert Academic Guidance Now!

Define your business model
Identify your strategic position in the market
Provide 3 examples of internal factors (IFE) and 3 examples of external factors (EFE) that effect or could impact your ice cream shop.
Describe your short (1 year from now) and long-term goals (5 years from now).
Execution steps for your plan (Define 3 steps (in priority order) you would take to launch your business).
Provide at least 3 Measurable Key Performance Indicators.
In the same Word document as the template (or copy and paste the template into a new Word document), complete the following:

Describe how your ice cream shop will use each of the categories listed in the strategic mind map.

Based on your analysis and research, make a recommendation on how you could use this information presented in the mind map in your proposal.

Reference no: EM133824904

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