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29 November, 13:23

Imagine that you've decided to become an entrepreneur and have set yourself the task of creating a global business plan. Choose one of the following products/services: a new mobile multi-user video game, a new line of upcycled clothing, or a vitamin-infused drink mix. What would your global business plan need to include? How would you go about breaking out the task of creating it?

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  1. 29 November, 14:08
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    From this example we will use a new mobile multi-user video as our product/services, the global business plan is explained below in the explanation section.

    Explanation:

    We have chosen the products/services: a new mobile multi-user video game. This is the online product proposal of video game to people at the global level.

    Our global business plan needs to include following things as below:

    Subscription Process for consumers: This is the process of getting subscriptions of the consumers who wants to get our video game products and their services for their uses. This will have the account creation, fee collection and user id and password allocation to client. Video game products: We need to have developed video games that we would like to market through the website or application in the global market. This will cover the entire range of video game products. Online Website/Applications: We need to develop the website or application which internet based and people can refer and use this website application for the video game. Marketing plan for the global business: We need t have marketing plan for the new video game product launch in the global market. Payment process on website: the payment gateway is the key thing as payment will be collected with this approach. Resource identification and recruitment so that we can find the suitable team needed for this global business of video game plan.

    We would go about breaking out the task of creating it as below:

    We will be sure about the online payment process so that the payment can be collected adequately as per the sale of the video games. We will be ready with our marketing plan and will execute the marketing activities so that we can create the required awareness and influences over the target consumers. We will develop the pricing such that it is suitable in the competitive market and consumer will get attracted towards video game products with the pricing process. We will develop the action plan and will be ready by most of the actions listed for product, website and pricing approach.
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