Mock Small Business Startup MBA Assignment Assistance

Mock Small Business Startup MBA Assignment Assistance

Mock Small Business Startup MBA Assignment Assistance is recognized that a team would like to start new fake business furniture. In order to establish business effectively, team members must define some high level goals and revenue models for the business. According to the study experts have decided to have some high level of team to help the specialist start the business. aim. Team members are focused on capturing large chunks of market share in the overall industry. The Mock Small Business Startup MBA Assignment Assistancebusiness firm has decided to acquire 30 to 40 percent market share in the industry. To achieve the goal, the company has set a lower price for the products.

Another goal of business is to achieve 40 percent profit. By providing low cost high quality products, the company can achieve this objective. In addition, the company should also adopt effective marketing strategies, so that they can attract customers. Team members are also capable of getting a big share of market share. The business firm is also focused on 20 percent of sales and 10 percent sales in the residential client segment. Commercial Development Block (Silver, 2009). In this part, the company wanted to become the top furniture supplier in the regional market. Team members have also created revenue models for counterfeit business furniture. The business’s revenue model identifies the sources through which the business will generate revenue and make the business profitable.

Thus, small fake business furniture will use effective advertising models in their revenue models. In addition, the company will generate revenue through the effective advertising of its innovative furniture. It is recognized that new start up businesses can attract customers only through effective advertising, which in turn helps in generating profit for the company. Thus, the business firm has used effective advertising strategies for its revenue model (Osterveldder and Signer, 2010).

Internal and External Activities

According to Griffith University Assignment, to help the MBA professor, to start a furniture business, team members have to do various internal and external business activities. They have to order wood for suppliers and identify the target market. In addition, the company should also identify the appropriate marketing strategy business. The identities of suppliers, customers, etc. are outdoor activities that the business firm has to make. Apart from this, the business has to do some internal activities to start the business effectively. Griffith University Assignment Assistance for MBA

Mock Small Business Startup MBA Assignment Assistance

Internal activities include the construction of various departments of marketing, production, finance etc. Apart from this, defining human resources policies, developing effective culture, playing roles and responsibilities are also internal activities. This activity is helpful in maintaining proper coordination between different departments (Carriage forth and Neil, 2002). Apart from this, the business firm also needs to frame different strategies and policies for the company. Team member too To make effective plans to achieve the desired goals effectively. Other activities include building high quality furniture for customers. Thus, it is recognized that in order to achieve the sound conditions in the market, the business firm has to perform various internal and external activities effectively. Therefore, team members have divided the activities in such a way that it will be helpful in managing the work efficiently (NewWenZhen, 2009).

References

Carrisforth, C. And Need, M. (2002). Double Prize USA: Heinemann.

Neuvenishen, c. (2009). Business managements for entrepreneur USA: Jabber & Company Limited Busies

Oosterveld, A and Signer, Y. (2010). Business Model Generation: A Handbook for Visionaries, Game changers and Challengers. USA: John Wiley & Sons

Silver, D. (2009). Social Networks Business Plans: 18 strategy that makes great money. USA: John Wiley & Sons

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