Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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You and a group of enthusiastic colleagues have recently graduated from university, and are eagerly discussing a possible joint entrepreneurial venture, focusing on the production of environmentally friendly electric vehicles. To fund this new venture, the team has been advised to come up with a solid implementation plan, supported by the strategy implementation framework to include detailed information on the business concept, strategic vision, mission, revenue model, financial objectives, and projections and much more. The rising use of hybrid and environmentally friendly electric vehicles (EVs) represents a significant shift in the automotive industry, with various factors contributing to its increasing popularity, environmental awareness and climate change concerns topping the list. Considering how competitive the business sector is today, it is important that you also consider various alternative organizational strategies, as well as develop a sustainable competitive advantage, to remain financially viable.

Assume that the Company's Name Is ECORYDES

REQUIREMENT In addition to the following: Electric Cars, Electric Delivery Vans, Charging Stations

o Identify some other products and services that the company intends to offer to include the target market. 

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