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Business Startup MBA Assignment Assistance

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Business Startup MBA Assignment Assistance

Business Startup MBA Assignment Assistance


 Mock Small Business Startup MBA Assignment Assistance

High Level Goal And Revenue Model

It 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, help businesses start a business effectively; Team members have decided some high level goals. Team members are focused on capturing large chunks of market share in the overall industry. The business 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 in the residential client segment and for sales of 10 percent in 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. Business revenue model identifies sources through which business will generate revenue and make 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 for the business. Identifying suppliers, customers, There are external activities that the business firm has to do. Apart from this, the business has to do some internal activities to start the business effectively. Griffith University Assignment Assistance for MBA

Internal activities include the construction of various departments of marketing, production, finance, besides, defining human resources policies, developing effective culture, role play 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 members also have an effective plan to effectively achieve desired goals. Other activities include building high quality furniture for customers. Like this, It is recognized that in order to achieve sound conditions in the market, the business firm has to do various internal and external activities effectively. Therefore, the team members have divided the activities in such a way that it will be helpful in managing the work efficiently (NewWenZhen, 2009).  

References

Carysforth, C. & Neild, M. (2002). Double Award. USA: Heinemann.

Niewwenhuizen, C. (2009). Business Management for Entrepreneurs. USA: Juta and Company Ltd. 

Osterwalder, A. & Pigneur, Y. (2010). Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. USA: John Wiley & Sons.


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