Conceptualizing a New Service
Conceptualizing a New Service
Use the Strategic Planning Outline as a guide to complete sections of your capstone project each week. A final paper is due in Week 5. Cite your resources.
Write a 1,400- -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 how the vision, mission, and value of the new division align with the company’s mission and vision.
- Summarize how the vision, mission, and values guide the division’s strategic direction.
- Define your guiding principles and values for your division in the context of culture, social responsibility, and ethics.
Format your paper consistent with APA guidelines.
Answer preview………….
The new product, in this case, will be a robot that will be used to increase the working standards and revenue of the company at Walmart. The company has been known for the efficient production of various items especially food products in the current market system. Walmart is famously known as one of the trademark centers in the hotelier industry especially when it comes to the production if various foodstuffs in the market and mores specifically in their departmental stores. Nonetheless, some services offered by the company have not been as efficient as earlier anticipated and as a result, it has been tough meeting and satisfying the needs of some of the most critical consumers who come to the company. Some services have not been………
APA 1637 words