Competitive Strategies

Competitive Strategies

Please read the instructions very carefully and include each and everything which is written in the instructions.

The assignment is of 10 pages

The Score delux template is attached.

One Sample assignment is also attached for your help.

Just think that you have to choose a buisness for you for future. So please think that what kinf of buisness you can start. And then do the assignment on your own buisness by following the give instructions.

Brief Description

Students will open their own buisness for this assignment. It may be of restaurant or any other company. They will name their company and then they will develop a business model which is a firm’s plan for how it competes in the market. A business model is a company’s core profit-making plan which defines the products or services it will sell, its target market, and any expected costs.

Submission Instructions

5. Complete the Competitor Data Collection Plan identifying the major competitors and the Competitive Analysis Worksheet found on pages 14 & 15 of the Score Business Plan Template (Score Template)

6. When you have completed these worksheets, step back and evaluate the data you compiled. This should clearly tell a story about how your offering is different from the competition. Prepare a document where you draw conclusions based on the Market and Industry Analysis that you have just done.

7. Describe succinctly what the opportunity is and make a compelling case for you business including these points:

o Why have you chosen the particular entry point to start your venture?

o What is a compelling need for your product/service?

o Is a real problem being solved?

o What indicates you will be able to compete successfully in the industry?

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