Posted: March 1st, 2023
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Shark Tank is a U.S. television show where entrepreneurs are selected to appear before a panel of investors to pitch their business ideas. If the investors consider the proposal worthy, they will offer the business owner a substantial amount of money to own shares in their business.
Shark Tank Lori Gives Golden Ticket Links to an external site:
Shark Tank Pitch Links to an external site:
How to Deliver the Perfect Business Pitch: 8 Tips Inspired by ‘Shark Tank’
Directions: This exercise pulls from your knowledge of strategic management thus far. Consider your mission and vision for your business and the business model as it relates to sustainability. You are asked to utilize various methodology through the use of Models that access both an industry of your choice and its relationship to both the larger society and global environment. While looking at various forms of analysis internal and external, you will conceive your business.
You will use your knowledge based on research, as far as, industry to determine what type of business would be suitable for today’s environment. You are required to illustrate why you think it would be profitable to a group of investors.
You are required to do both an industry and micro analysis utilizing both Porter’s 5 Forces Model and the P.E.S.T.E.L. Model. You are also required to conceive a Mission Statement, a Vision Statement and Business Model to illustrate the revenue streams for you business. You will also need to decide on the Generic Strategy to be used by your business.
I have to do about the product UMBRELLA. I need the name and create a history,.. to pretent that I will be in the Shark Tank. show.
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