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

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Usethe
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
resources.

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.

Click the Assignment Files tab to submit your assignment