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Explain how you would determine your pricing model

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Assignment

For the Strategic Plan assignment, you will work throughout the course to create a market entry plan (entrepreneurial), a market expansion plan for an existing organization, or a mergers and acquisitions plan that seeks to increase your organization's competitive advantage.

Complete Part 5 of the Strategic Plan assignment according to the directions in the Part 5: Financials section of the "Strategic Plan" resource. (Strategic plan file attached below)

Questions

What is the vital financial information needed to determine the viability of your plan ?

What ratios will you use to determine if the proposed plan is a success?

What other, nonfinancial, information did you use to put your plan together?

Consider the assumptions made when completing Part 3. What assumptions are made? List the assumptions that you used to formulate this plan.

Discuss the financial results from your Pro Forma projections. Include the net income results, breakeven analysis, and required expenses to commercialize your product or service.

Explain how you would determine your pricing model. What seems most appropriate for your business and industry in which you will compete?

Identify your cost structure. Is your business model cost-driven or value driven? Justify your selection.

Review your decision for a revenue model. Based on the financial statements, will this model generate a profit? Provide evidence to prove it.

Where are you getting capital to meet your strategic initiative? What terms will be most likely deemed acceptable?

Did you have to reevaluate (go back) why?

Attachment:- Strategic Plan.rar

Reference no: EM132116473

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