Reference no: EM131318520
Assignment
Team: Exploring Business Success Strategies Web Exercise
Average 750 to 900 words.
BMW / Toyota / Volkswagen financial year 2015.
VW
https://finance.yahoo.com/quote/VWA.AS/financials?p=VWA.AS
BMW
https://finance.yahoo.com/quote/BMW.DE?p=BMW.DE
Toyota
https://finance.yahoo.com/quote/TM/financials?p=TM
Resources: Pull the financial statements of 3 companies in the industry that you are interested in entering. Try to ?nd companies that are pursuing different strategies.
• Examine their business models and see if you can identify the drivers that they are in?uencing to achieve their strategy.
• Explain what you learned about their revenue model, cost model, product mix, distribution channels, partners, target customers, and value proposition.
Evaluate business success strategies in a minimum of 1,400 words in which you discuss the following questions:
• Discuss what lessons you can learn for your own venture.
• Explain what useful new elements you can incorporate into your business model.
• Discuss how these elements tie to your strategy.
Cite a minimum of 1 peer reviewed reference from the University of Phoenix Library and 1 website reference.
Format assignment consistent with APA guidelines.
Learning Team Assignment: Exploring Business Success Strategies Web Exercise
Purpose of Assignment
Formulating and implementing a winning strategy is important if an organization is going to achieve their desired business goals. In this exercise, students will examine 3 financial statements of businesses in various industries to identify approaches these organizations are using to achieve their objectives. Doing so will help students determine ways companies implement their strategies.
Resources Required
Refer to Ch.4 of Entrepreneurship, 3rd edition. Students will also provide the financial statements of each company they examined.
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