Reference no: EM133225956
1. What digital technology you will use in a new venture in the restaurant industry, besides online selling? (digital technology = IoT, Blockchain, Cloud Computing, Drone, Virtual Reality, Big Data, etc.)
2. What motivates you to establish this venture?
3. How might those digital technologies address the issues inherent in the industry?
4. What business is your new venture in?
5. How does your new venture add value to your industry?
6. What are its core capabilities?
7. How does your new venture's unique business model play a critical role in driving the adoption of the innovation and capturing the value profits of its innovation?
8. What are the challenges of certain digital technology in your industry?
9. What are the pros/cons of it?
10. What are some of the constraints of using certain digital technology in various applications?
11. Should your new venture take its capabilities and enter new markets? If so, is your new venture better positioned to expand via the depth or breadth strategy?
12. Which opportunity (or multiple opportunities) should it pursue, based on this analysis? Defend your argument.
13. What capabilities/components would your new venture need to develop or acquire to pursue each expansion opportunity (or multiple opportunities)?
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