BUS 433 New Business Strategy

Entrepreneurs always like to grab the opportunities for his business, which includes both Goods and Service in the market. In the course BUS 433 New Business Strategy, For him, an Opportunity evaluation is meant to access future opportunities and grabbing a piece of knowledge about various projects that will be helpful to him in starting a new Business In future.

As per the course BUS 433 New Business Strategy after the opportunity evaluation an entrepreneur strategies about the entry in the market and for that he involves inanalyzing potential competitors and possible customers. The relevant factors he will consider to choose entry in the market are trade barriers, localized knowledge and price localization.

Now the basic strategy for future growth in business is market penetration, product development, market expansion and diversification.

This BUS 433 New Business Strategy course is intended to provide prospective entrepreneurs with information and tools for evaluating opportunities for starting a new firm-how to choose markets for entry, and what resources and capabilities and when to enter,  it will take to enter and provide a platform for future growth. Prerequisite of this course is BUS 362.

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