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Unit Activity: Earning and Protecting Money

Industries:
- Agriculture and mining
- Consumer electronics
- Manufacturing
- Hospitality and tourism
- Consumer services
- Energy and utilities
- Financial services
- Health, pharmaceuticals, and biotech

Task:
Create a sample business model to describe how you expect to make a profit from this business. Include the following topics in your answer:

- Pricing
- Marketing
- Location
- Costs
- Profit

Space used (Includes formatting): 0 / 30000



Answer :

GinnyAnswer

Final answer:

Creating a sample business model focusing on pricing, marketing, location, costs, and profit.


Explanation:

Sample Business Model:

Pricing: Setting competitive prices based on market research and value proposition.

Marketing: Utilizing social media, advertising, and promotions to reach target customers.

Location: Selecting a strategic location with high foot traffic or proximity to target market.

Costs: Managing expenses such as production, labor, and overhead efficiently.

Profit: Calculating profit by subtracting costs from revenue.


Learn more about Business models here:

https://brainly.com/question/32805873


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