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New Business: Components, Target Market, External Factors, and Business Strategy

   

Added on  2023-06-14

8 Pages565 Words255 Views
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New Business
New Business: Components, Target Market, External Factors, and Business Strategy_1

INTRODUCTION
Business can be described as organisation that is engage in different
commercial, professional and industrial activities (Cosenz and Noto,
2018). There is carious component of business which is to be consider
by managers of company. This project report includes description
about business idea and influence of external factors. It also includes
explanation of different components like finance, marketing,
operation and other things.
New Business: Components, Target Market, External Factors, and Business Strategy_2

Target Market
In order to identify target market, a person can conduct STP analysis
which is mentioned below:
Targeting
Segmentation
Positioning
New Business: Components, Target Market, External Factors, and Business Strategy_3

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