Imagine yourself as an entrepreneur. Choose an industry in which you would like to compete with the product you select. If you were conducting your SWOT (strengths, weaknesses, opportunities, threats)...

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Imagine yourself as an entrepreneur. Choose an industry in which you would like to compete with the product you select. If you were conducting your SWOT (strengths, weaknesses, opportunities, threats) analysis, what opportunities do you believe are available within the target market segments you chose? Why are these opportunities available? What strategies would you develop to counter larger, more established companies' competition? Explain your rationale.
Answered Same DayFeb 21, 2021

Answer To: Imagine yourself as an entrepreneur. Choose an industry in which you would like to compete with the...

Soumi answered on Feb 21 2021
153 Votes
Running Head: STRATEGIC MANAGEMENT    1
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STRATEGIC MANAGEMANT
Protein food an
d beverages industries have enormous opportunities in today’s world. The requirement for nutritional foods is very high in developing countries. As stated by Sonneville and Rodgers (2019), opportunities such as meal home delivery, the demand for proteins and nutrition, adopting new practices and changing customer habits are available opportunities for industry. In a developing country, children and youth could be the target market, as they require more proteins thus it is a good opportunity to fulfill the need of the younger generation.
The traditional way of cooking is time-consuming. Hence, the viability of food products with extra nutrition is a better option for customers....
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