How to mitigate risk to the project to protect

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Reference no: EM133316358

Product: Apple Bundle Service 

For your business continuity plan, consider your next steps, including project improvements and how to mitigate risk to the project to protect the product investment. To accomplish this, you must leverage employee and customer feedback on the new product/service. Additionally, research the market and use a PESTLE analysis to examine if any external factor could affect your new product offering.

Specifically, your plan must address the following criteria:

  • Business continuity plan: Outline a basic business continuity plan for your business that identifies key business areas and critical functions as well as identifies at least one measure for recovering or maintaining critical business operations in case of an emergency. Include how you will ensure that this plan is followed.
  • Post-launch stage: Propose new ideas for the post-launch stage, including one idea for a product/service improvement you plan to implement after the initial launch, and one idea for increasing your customer base or engagement after the initial launch.
  • Feedback loops: Explain how you will implement feedback loops for your product or service.
  • PESTLE analysis: Use PESTLE analysis to identify at least one external risk factor that may affect the project. Then provide a solution or contingency plan for mitigating that risk.
  • New Streaming Services Details: 
  • Previous Information regarding new Product
  • Apple Inc. is planning to launch a new bundle streaming platform that will be accessible through a paid membership. This new platform will provide users with access to exclusive original content, including movies, television series, and music. A bundled version of the service, including iCloud storage and Apple Music, will be available for an extra cost. The value proposition of this new service is to supply Apple users with a simple method of accessing unique material that is not available on other streaming platforms. This would be the primary benefit that this new service would bring to the table. Profitability would increase as a result of this since greater income would be generated from Apple's existing clientele.
  •  Goals 
  • The goal of this new streaming platform from Apple is to provide users with a simple method of accessing unique material that is not available on other streaming platforms. This would be the primary benefit that this new service would bring to the table. Profitability would increase as a result of this since greater income would be generated from Apple's existing clientele. The target market for this new streaming platform from Apple is users of Apple products who are looking for a simple way to access exclusive original content. This new service would be especially beneficial to users who are interested in movies, television series, and music. The bundled version of the service would be especially attractive to users who are also interested in iCloud storage and Apple Music. The targeted consumers of this new streaming platform from Apple are users of Apple products who are looking for a simple way to access exclusive original content. This new service would be especially beneficial to users who are interested in movies, television series, and music. The bundled version of the service would be especially attractive to users who are also interested in iCloud storage and Apple Music.

Reference no: EM133316358

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