Assignment number
Imagine you are starting a small business and it is your goal to create a successful business. What is your business? What products and/or services are you selling?
What industry are you in? Conduct a 5-Force Analysis. Is this a “good” industry to get into? Why or why not?
Who are your direct and indirect competitors?
What is your competitive advantage? How will you create a sustainable competitive advantage? Create a Situational Analysis (SWOT Analysis) for your business. How will you compete with your direct competitors? What is your positioning strategy? Explain why this would be an effective strategy.
Question 1
If I were to establish a small ...