Resources: Pull the financial statements of 3 companies in the industry that you are interested in entering. Try to find companies that are pursuing different strategies.
Examine their business models and see if you can identify the drivers that they are influencing to achieve their strategy.
Explain what you learned about their revenue model, cost model, product mix, distribution channels, partners, target customers, and value proposition.
Evaluate business success strategies in a minimum of 1,400 words in which you discuss the following questions:
Discuss what lessons you can learn for your own venture.
Explain what useful new elements you can incorporate into your business model.
Discuss how these elements tie to your strategy.
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