Business Opportunity : FNA Rich Trade / Nurfidatul Natasya Mohamad
This assignment is for ENT300, this whole report is about business tools from chapter 4. In this report contains about how FNA Rich Trade create a new innovation product to sell to the customers. In this report also I introduced my company name, background, and our products. Our FNA Rich Trade...
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| Main Author: | |
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| Format: | Entrepreneurship Project |
| Language: | English |
| Published: |
2021
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/53528/1/53528.pdf https://ir.uitm.edu.my/id/eprint/53528/ |
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| Summary: | This assignment is for ENT300, this whole report is about business tools from chapter
4. In this report contains about how FNA Rich Trade create a new innovation product to sell
to the customers. In this report also I introduced my company name, background, and our
products. Our FNA Rich Trade create a new innovation product which is ‘Anti-Aging
Serum’. The reason why we create this innovation product be produce is because to help a
customer that wants to have a better skin that looks young.
Business model canvas for our new product also has been explained in this report.
Business model canvas or BMC has nine building blocks which are customer segment,
customer relationship, channel, key partners, key resources, key activities, revenue streams,
value propositions and cost structures. In this the company need to decide which segment to
serve and which segments to ignore. Next, value proposition is a summarize why a consumer
should buy our products that the company provided. Channel means it describes how a
company communicates with their customers to reaches its customer segments to deliver its
value proposition. Besides, customer relationships are dictating the nature of the relationships
that an organization will develop with its various customer segment. The most important is
revenue stream, this told about how the company will make a lot of money. In business
model canvas block also contains about key activities, key partner, cost structure and the last
one is key resources. |
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