Identify strengths of proposed idea

Assignment Help Business Management
Reference no: EM133151979

CRITIQUE ASSIGNMENT

You're The Boss (YTB) Food Truck offers a personalized twist on the food -truck business. Our freshly-made meals, prepared with organic, Canadian-produced ingredients are specially made for the boss. You! Using our YTB app, our customers can provide suggestions and vote on a monthly selection of a new item to be added and one to be removed. The ever-evolving menu will include fan-favourites like our grass-fed beef burgers, on-the-go hot-dogs and the only staple on the menu, the YTB tacos among other delicacies and refreshments. The YTB Food Truck will be located on the busy Yonge & Dundas intersection. The YTB vision is to develop an interactive community of food-lovers, engaged in maximizing the eating experience in Downtown Toronto.

VALUE PROPOSITION: 

1. Customers are the boss by deciding what they want on the menu.

2. Huge cost advantage by saving in inventory cost and reducing wastage as we already what's in demand.

KEY ACTIVITIES:

1. Fine organic ingredients and high quality meat

2. Personalized dishes through the app

3. Aggressive social-media marketing for orders and feedback

Questions/ Tasks:  

1. Identify strengths of proposed idea.

2. critique the business idea- adopt both inside-out and outside-in thought processes

3. Assess value propositions and key activities.

Reference no: EM133151979

Questions Cloud

How much is the total current liabilities of ray company : How much is the total current liabilities of Ray Company to be shown on its December 31, 2021 statement of financial position
Prevent future eeoc lawsuits : As an OD practitioner how would you strategically guide the organization to prevent future EEOC lawsuits? Give three examples and justify each response using cu
Bribe a customs official : Your office in Turkey desperately needs the supplies that have been sitting in Turkish customs for a month. Should you bribe a customs official (Standard Operat
Consequences of either situation : Provide examples that illustrate the consequences of either situation.
Identify strengths of proposed idea : You're The Boss (YTB) Food Truck offers a personalized twist on the food -truck business. Our freshly-made meals, prepared with organic, Canadian-produced ingre
Design a knowledge management strategic plan : Design a knowledge management strategic plan for the 'Hobart Town Tea Room'.
Evaluating its cost of capital : If Bad Boys, Inc. raises capital using 45% debt, 5% preferred stock, and 50% common stock, what is Bad Boys, Inc.'s cost of capital?
Success of confundrum : What role can causal research play in the success of ConFundrum? Discuss what benefits the research conducted by the company provided the business development p
What is leading from the top-down approach : What is leading from the Top-Down approach in an organization and why it is important for Sustainability?

Reviews

Write a Review

Business Management Questions & Answers

  Develop recommendation for utilizing a specific forecasting

Given the information available and your knowledge of different forecasting techniques, develop a recommendation for utilizing a specific forecasting technique in the subsequent study.

  How might the company build more of an online presence

How might the company build more of an online presence"? Analysis of their website. What was favorable about their website? What are some of their website attributes that customers may find unappealing?

  Analyze the corporate-level strategies for the corporation

Analyze the corporate-level strategies for the corporation you chose to determine the corporate-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opi..

  Discuss the three types of control structures

Discuss the three types of control structures. Describe how any one of these control structures impacts your pseudocode and flowchart.

  Explain to management the impact that bi technology

Explain to management the impact that BI technology can have on accounting and business decisions. Please include your dashboard as part of your report summary.

  Equilibrium price and equilibrium quantity

Many consumer items eventually go out of style, and because fewer people want these items, demand for them drops. When this happens, we usually see production of these items stop. What happens to the equilibrium price and equilibrium quantity in a..

  Describe firm''s ability to manage projects effectively

What does this case demonstrate about the effect of poor project screening methods on a firm's ability to manage projects effectively

  What is fischer separation theorem

Briefly explain Tobin's use of Liquidity Preference Theory in Modern Portfolio Theory?

  Expected to affect the profits earned by chinese subsidiary

Assume that the Japanese yen strengthens against the U.S. dollar over time. How would this be expected to affect the profits earned by the Chinese subsidiary?

  Define research problem that your team intends to address

Define the Research Problem that your team intends to address and Propose at least ONE main research question that your team will be seeking to answer through

  What kind of strategies that company can apply

Uber company is somehow illegal in Malaysia. What kind of strategies that company can apply to enter the Malaysian market.

  Illustrate instances of customer satisfaction

Determine the key reasons why Southwest Airlines has such high customer satisfaction ratings in comparison with other airlines. Provide two (2) examples that illustrate instances of customer satisfaction to support your position.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd