Business Model and Strategic Plan Part 1 Conceptualizing a new product or service division of an existing business.

BUS/475

Write a 1,400- to 1,750-word paper in which you explain the importance of innovation in your selected business's vision, mission, and values, and determine your business model for this new division. Include the following: Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement. Ensure that you are differentiating your product or service. Describe how the division addresses customer needs and achieves competitive advantage. Create a vision and a business model for this new division that clearly demonstrates your decision on what you want your business to become in the future. Explain...