Reference no: EM133626796
Assignment:
Objectives On successful completion of this assignment, students should be able to:
• describe a business model,
• explain business model innovation,
• identify the reasons a business model is important, and
• define business core competency and describe its importance. Brief Description In unit 9 you will begin work on the presentation for your business plan. This is a critical step in securing funds from a bank or an investor. It can also be used to attract key employees. Submission Instructions There are two assignments due for this unit.
Assignment 1
• You will prepare the key components of your marketing plan, a vital part of your final business plan. Using the SCORE Business Plan Template pages 11 through 18.
• Prepare a document addressing market research, barriers to entry, threats and opportunities, product/service features and benefits, target customer, key competitors, positioning/niche, promotional budget, and pricing, you may include the worksheets found in the template.
Assignment 2
You will also submit your response for units 5 through 8 using the submissions for these chapters and the feedback given by the instructor. Prepare one document covering the content of chapter. Review the rubric below. for catering service business.