Product/service Key activities for the value proposition

O​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​verview You are excited to see the possibilities after finishing the Business Model Canvas Template. The next step is the development of the BMC slide deck for review by the experienced former project manager mentioned in the Module Four assignment. Scenario In the BMC slide deck, you will make educated assumptions (based on research in Marketline, Yahoo Finance, or the company’s website) about your selected company’s resources, partnerships, cost structures (what needs to be paid for), how the product or service will be marketed, value delivery (product sold online, in-store, or both), and the unique value proposition for a specific targeted market segment. All 9 segments of your redeveloped BMC must encompass elements to achieve new product/service feasibility. Beyond profitability, other key elements that the experienced project manager stressed were diversity, equity, and inclusion (DEI), as well as corporate social responsibility (CSR). In the marketplace, companies that have diverse project teams get varied perspectives that help the overall project. Just as important, companies that “give back” to the communities they serve do better and are supported by millennial buyers—a big target segment for many companies. Financials, DEI, and CSR must be addressed in the funding pitch, which​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ you will complete as your course project, due in Module Seven. Prompt You will create a slide deck that will help you expand on your BMC chart in detail as you refine how your selected company will create value for itself while delivering a new product or service for customers. Complete the Milestone Two Template linked in the Guidelines for Submission section for this assignment. Specifically, you must address the following rubric criteria: Deliver a unique value proposition. Leveraging the blue ocean strategy, what makes the product or service unique? How does it provide a strategic advantage in the marketplace? Answer key business model questions about the customer. Customer acquisitions Revenue models Price points for the product/service Key activities for the value proposition (product or service) Answer key business model questions about assets, partners, and cost. Assets available Key partners Cost structures Import your existing business model canvas chart from Module Four. Clarify your business model assumptions.

Sample Solution

HDI value is 0.752 (2017), which puts the country in the high human development category at 86 out of 189 countries and territories, shared with Ecuador. Between 1990 and 2017, China’s HDI value increased from 0.502 to 0.752, an increase of 49.7%. Between 1990 and 2017, China’s life expectancy at birth increased by 7.1 years, mean years of schooling increased by 3.0 years and expected years of schooling increased by 5.0 years. China’s Gross National Income (GNI) per capita increased by about 898.7% between 1990 and 2017. In China, the central government has overall responsibility for national health legislation, policy, and administration. It is guided by the principle that every citizen is entitled to receive basic health-care services, with local governments (provinces, prefectures, cities, counties, and towns) responsible for providing them. Health insurance is also publicly provided and financed by local governments, therefore local governments play a major role in keeping the HDI value of China high by keeping facilities available to members of the local communities and their families. In addition, the Chinese deputy director general of basic education, Wang Dinghua stated: “We need to shift from a nation with large human resources to a nation with strong human resources.” To achieve that, China is doing more than just talking. It is working to implement a plan that it hopes will significantly improve its education. At the moment, China has an incredibly high internal immigration rate. It is seeing a mass migration of more than 300 million people leaving their homes in rural China to go to the country’s cities. Consequently, a large amount of government money goes to expanding urban centres and updating infrastructure to accommodate the booming population, therefore however, causing worry that there will be little to no space left for incoming students throughout china. Nonetheless, China still has an adult (15+) literacy rate of 96.4%, proving its education services well.

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