Strategic Plan Part 1: New Product or Service, business and finance homework help

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Strategic Planning Outline as a guide to complete sections of your
capstone project each week. A final paper is due in Week 5. Cite your

Usethe business you were assigned in week one as the basis for your inidividual assignments in weeks two through five.

Write a 1,400- to 1,750-word paper in which you
explain the importance of innovation in your selected business’s vision,
mission, and values, and determine your business model for this new
division. Include the following:

  • Propose a new product or service for the new company division. The
    division should be customer-focused with an innovative mission
    statement. Ensure that you are differentiating your product or service.
  • Describe how the division addresses customer needs and achieves competitive advantage.
  • Create a vision and a business model for this new division that
    clearly demonstrates your decision on what you want your business to
    become in the future.
  • Explain how the vision, mission, and value of the new division align with the company’s mission and vision.
  • Summarize how the vision, mission, and values guide the division’s strategic direction.
  • Define your guiding principles and values for your division in the context of culture, social responsibility, and ethics.

Format your paper consistent with APA guidelines.

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