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Assignment 2 Business Model and in-class test

Entrepreneurship and Small Business Management

Submit a 1,500 a business model for an original business idea. This can be a real or an imaginary commercial or social business or a plan for an existing small business. The interactive chapter exercises on the textbook website allow you to build your business model. This should include a brief description of the business idea, a market and competitor analysis followed by the business model for its commercial launch, using the format in your textbook. Your word-limit does not include the title page, any references, and any supporting documentation.

What is needed to pass?

  • Evidence understanding of the planning process in developing a business idea
  • Demonstrate the capacity for the design, development, and thorough analysis explicate in developing a business model for an opportunistic commercial or social venture
  • Evidence financial planning through quantification of resource need and available to launch a business venture
  • Reasonable discussion and evaluation within the in-class test on two specific (undisclosed) parts of your business model.

ANSWER:

  1. Business Details

Ali bookstore is one of the leading booksellers in Oman. It is located in Muscat, Oman, and has been in operation for seven years. The store stocks a wide variety of books and literature to cater to the reading needs of the evolving Oman population……..

Mission

To provide a wide range of books and reading materials that cater for the diverse needs of the people living in Oman.

Vison

To become a book store of choice for all people wishing to access information and grow their understanding of aspects of life and society.

Aims and Objectives

Ali bookstore aims to achieve a competitive advantage through variety and price, considering that a majority of customers are price cognizant. The book store has two… To continue reading, click on the button below.

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