Reference no: EM131099799
Business case Research paper
Develop a complete online business case research paper. This may be a real example from your work environment or a fictional example from anywhere you choose. I expect it will be based in large part on the results of the attached documents given below , Business Case Template Definition.
SWOT Analysis
The SWOT analysis for Online Business is as follows:
Strengths:
- The competition is very less
- The business running costs are very cheaper
- Easily adaptable
- We can setup this business anywhere and from any place in the world
Weaknesses:
- If we start this business there will be some unknown costs like developing the website and the setup of the entire system
- There is no guarantee for the success, it may be a failure too
- Lack of expertise in this particular business
- Initially, the business would be very slow as it is not aware by everyone. It takes time to get the business more popular
Opportunities:
- Working with the external expertise
- If we achieve in getting a very good user expertise then it takes lesser marketing costs and in this way we make a lot of money
- We can make a word of mouth marketing which is the cheapest method of marketing
- The creation of online business can make millions of world-wide users
Threats:
- Other online businesses
- Lack of users
- Grabbing many of the clients to make profit
- Marketing costs
- Tax payments is the main threat for online business
Reference: Rob Hart's Blog. (n.d.). Retrieved January 30, 2016, from https://robhart.co.uk/wp/?p=646
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Develop a complete online business case research paper
: Develop a complete online business case research paper. This may be a real example from your work environment or a fictional example from anywhere you choose.
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