[Solved by Experts] Competition Determine Market Segment
Complete a concept statement for your venture. Use Tables 8.1 and 8.2 as your template. It should include the following sections in table format:
- Articulate the problem and proposed solution
- Proposed solution:
- Required behavioral changes and associated challenges:
- Business proposition
- Unit of social impact:
- Unit of revenue:
- Market and competition
- Determine market segment:
- Determine most competitive alternative:
- Articulate how your solution is better than most competitive alternative:
- Sociopolitical landscape
- Who benefits from my business?
- Who is hurt by my business?
- Who are the key stakeholders?
- Who are my allies?
- Who are my opponents?