SUSTAINABLE BUSINESS PLAN

Enterprise: Growth Sustainable Business Plan

Enterprise: growth sustainable business plan

Business Plan Outline Structure and Process

A business strategy explains the plans of a business i.e. how is it planning to succeed in the market. This strategy is planned to make sure that the company is able to evaluate its position against the competitors in the industry. Business strategy helps a business in formulating strategies according to the goals and objectives of the company and helps to target the potential customers. When a company is evaluating its own position, it sees the success factors of the companies that are on top in the industry and tries to formulate strategies and will make it the market leader in the industry. It seeks how it can achieve competitive advantage that will keep it ahead of other companies in the industry.

Proposed Future Business

Product

Unique Tea is a flavoured tea that will be launched in the UK market. The product is of a unique color that is meant to stand out, and the taste is meant to give the consumer a fruity taste. The serving of Unique Tea is ideal when it is cold and fresh In essence, the purpose is to come across as a refreshing drink. To this end, the production of Unique Tea includes the use of natural fruits and extracts from naturally occurring organic elements. The marketing strategy for Unique Tea highlights the organic and Rainforest friendly nature of Unique Tea's production process.

Innovation

It's going to be the different among all the teas in the market. It is easy to use and easy to make.

IPR

Ethics is a very important part of our life. We should practice ethics in our everyday lives and make sure that we do not commit any immoral act. As the world is changing and becoming more dynamic, ethical issues are rising. This is the case with technology. As the world, today is becoming more technology oriented, and people are relying more and more on technology. The issues surrounding it are increasing. This is the reason, why ethics plays a crucial role in technology. It is ensured that people do not get involved in ethical activities even when they are dealing in technology.

To ensure ethics in product, intellectual property rights are widely used. Intellectual property rights are the rights that protect creations of the mind. People who have discovered or anything useful regardless of the field can make sure that their invention or discovery is not used by others. These rights protect the new invention or discovery and do not allow other people to illegally use the inventions by their own name. This is the reason these rights have a lot of importance in today's world. Technology is the most relevant field regarding intellectual property rights. Product can be used for positive as well as negative actions. It should be protected so that people do not make wrong use of technology.

Customers

The consumption of flavoured tea among the youngsters 18-25 is very ...