{"id":22785,"date":"2024-04-25T17:25:38","date_gmt":"2024-04-25T17:25:38","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/please-read-the-instructions-properly-strategic-management-new-business-model-that-may-compete-successfully-in-one-of-your-proposed-5-or-10-year-scenarios-for-your-chosen-sector\/"},"modified":"2024-04-25T17:25:38","modified_gmt":"2024-04-25T17:25:38","slug":"please-read-the-instructions-properly-strategic-management-new-business-model-that-may-compete-successfully-in-one-of-your-proposed-5-or-10-year-scenarios-for-your-chosen-sector","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/please-read-the-instructions-properly-strategic-management-new-business-model-that-may-compete-successfully-in-one-of-your-proposed-5-or-10-year-scenarios-for-your-chosen-sector\/","title":{"rendered":"(PLEASE READ THE INSTRUCTIONS PROPERLY) Strategic Management: New Business Model that may compete successfully in one of your proposed 5 or 10 year scenarios for your chosen sector."},"content":{"rendered":"<p style=\"cursor: auto; color: inherit;\"><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 11.5pt; cursor: auto; color: inherit;\">Your individual analysis of <\/span><\/b><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 11.5pt; cursor: auto; color: inherit;\">the <span style=\"cursor: auto; color: inherit;\">process that you followed in arriving at the business model.<\/span><\/span><\/b><b style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"> <\/span><\/b><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">Your response to Question 1, a platform to showcase your understanding and skills should be no more than 800 words<br \/>\nin total.<\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">You should provide a detailed description and analysis of<br \/>\nthe process that you undertook from weeks 1-8. This should include:<\/span><\/p>\n<p style=\"margin-left: 108pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><span style=\"cursor: auto; color: inherit;\">The<br \/>\nselection of your chosen sector.<\/span><\/p>\n<p style=\"margin-left: 108pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><span style=\"cursor: auto; color: inherit;\">The<br \/>\nenvironmental audit that was undertaken of the sector.<\/span><\/p>\n<p style=\"margin-left: 108pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><span style=\"cursor: auto; color: inherit;\">A<br \/>\nscenario analysis looking at the sector&#8217;s changing dynamics over the next<br \/>\n5 &#8211; 10 years.<\/span><\/p>\n<p style=\"margin-left: 108pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><span style=\"cursor: auto; color: inherit;\">The<br \/>\nselection of your ideal scenario.<\/span><\/p>\n<p style=\"margin-bottom: 6pt; cursor: auto; color: inherit;\">\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">You are expected to fully use a range of relevant models to illustrate this process and the rationale for your business model selection. As part of this process, you are expected to reference and apply the Ideal Final Result (IFR) model.<\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><br \/><\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 11.5pt; cursor: auto; color: inherit;\">Your critical evaluation of the<br \/>\nnew business model <\/span><\/b><b style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">and<br \/>\nits ability to create and deliver the Value Proposition in a competitive market<br \/>\nplace.<\/span><\/b><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">Question 2 should be no more than 1,500 words in total. <\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"cursor: auto; color: inherit;\">You are required to produce and<br \/>\npopulate a Business Model Canvas illustrating the Value Proposition (VP) that<br \/>\nyour business model presents.<\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"cursor: auto; color: inherit;\">You should identify what you consider<br \/>\nto be the Critical Success Factors (CSFs) that must be met to ensure the<br \/>\nviability of your Value Proposition as outlined in the Business Model Canvas,<br \/>\nand conduct a Risk Analysis to illustrate the impact on the operational<br \/>\nviability of the model where it is unlikely that the CSFs will be met.<\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"cursor: auto; color: inherit;\">Drawing on concepts of competitive<br \/>\nstrategy, what changes need to be made to the Business Model and Value<br \/>\nProposition to ensure its adoptability by your chosen sector within the next 5<br \/>\nyears? In addressing this question you should conduct <span style=\"cursor: auto; color: inherit;\">an analysis of how competitors might react to<br \/>\nthe business model, and how robust the business model might be in withstanding<br \/>\nthat competition<\/span>.<\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/p>\n<p style=\"margin-bottom: 6pt; cursor: auto; color: inherit;\"><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 11.5pt; cursor: auto; color: inherit;\">REQUIRED APPENDICES <\/span><\/b><span style=\"font-size: 11.5pt; cursor: auto; color: inherit;\"><\/span><\/p>\n<p style=\"margin: 0cm 0cm 6pt 42.55pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">a)<span style=\"cursor: auto; color: inherit;\">&nbsp; <\/span>A summary of the essential features of your business model.<\/span><\/p>\n<p style=\"margin: 0cm 0cm 6pt 42.55pt; cursor: auto; color: inherit;\"><i style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">b) <\/span><\/i><span style=\"cursor: auto; color: inherit;\">An application of <\/span>Osterwalder &amp;<br \/>\nPigneur\u2019s Business Model Canvas.<i style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/i><\/p>\n<p style=\"margin-bottom: 6pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">The<br \/>\nabove will be unmarked but are an essential requirement of the assessment.<\/span><\/p>\n<p style=\"margin: 0cm 0cm 6pt 42.55pt; cursor: auto; color: inherit;\"><i style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">&nbsp;<\/span><\/i><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><\/p>\n<p><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 11.5pt; cursor: auto; color: inherit;\">ALLOWED APPENDICES <\/span><\/b><span style=\"font-size: 11pt; cursor: auto; color: inherit;\">\u2013 Students may append further working material<br \/>\n(diagrams, data, etc.) that supports the analysis and evaluation in an<br \/>\n\u201callowed\u201d appendix. These are limited to a maximum of 8 pages (8 sides) of A4<br \/>\nequivalent, <i style=\"cursor: auto; color: inherit;\">and will be unmarked<\/i>.<\/span><br \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your individual analysis of the process that you followed in arriving at the business model. Your response to Question 1, a platform to showcase your understanding and skills should be no more than 800 words in total. You should provide a detailed description and analysis of the process that you undertook from weeks 1-8. This [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[9],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/22785"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=22785"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/22785\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=22785"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=22785"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=22785"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=22785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}