HI can you please look at the assesment carefully and also i have additional pdf for a marking criteria. Please have a look on marking criteria of assesment 2 .and focus on gap analysis . you can use...

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Answered 2 days AfterApr 21, 2024

Answer To: HI can you please look at the assesment carefully and also i have additional pdf for a marking...

Sanjukta answered on Apr 23 2024
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International Business
Assignment 2
In this particular assignment baby product market’s strategic analysis that will include a gap a
nalysis will also be conducted.
It can be stated that the global Baby care products market size is around USD 74139.17 million back in the year 2022 and it is expected to expand more in future. A gap analysis will help the business to assess their performance in terms of a business unit for determining whether business objectives or requirements. Perusing a baby friendly product can be a complicated and long. As Baby bibs is in the planning stage so a gap analysis is the best thing to start. The major purpose will revolve around the fact of looking at the difference between desired and existing state.
SWOT analysis     
Strength-The major strength of the company is the product that they will be selling the most fundamental product in the marketplace among their competitors for the infants during the feeding for preventing any kind of trouble.
Weakness- There may be some similar kind of products that can be offered by their competitors who are already quite well-known among the consumers.
Opportunity- The innovation ability of the firm can be one of the best opportunities so far by them with the help of innovativeness.
Threats- This product might face some of the most significant challenges for the entrepreneurs...
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