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Conduct a competitive analysis and strategic assessment of the proposed ventureIn Part I of your business plan, you explored a business opportunity for your company. You identified your business model, formulated your feasibility statement, and evaluated your data. In Part II, you will conduct a competitive analysis and strategic assessment of the proposed venture, balancing the possible risks and opportunities your company will face. In addition, you will provide the financial requirements for the venture capital group to evaluate.Write a seven to eight (7-8) page paper in which you:Conduct a competitive analysis in which you explain the sources of competition, the strengths of your competitors’ companies, and the other factors affecting your ability to compete.Provide at least three (3) strategies and three (3) marketing tactics for attracting first-time customers.Determine three to five (3-5) kinds of strategic positions that are available to you for your business plan. Next, determine the types of opportunities the strategic positions bring to your business both internally and externally.Determine the key types of risks your business opportunity will face both internally and externally. Provide strategies to mitigate these risks.Assess

the different sources of funding available for funding entrepreneurial ventures in terms of the possible value they can bring to your venture. Next, explain the funding strategy your venture will undertake.Create a report of operating costs required for your product or service venture, using the PlanningShop’s Business Plan Financial package. Note: The PlanningShop’s Business Plan Financial package can be found in the Student Center of the online course shell.Prepare a break-even analysis in which you explain the report you created to the venture capital group.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.Answer Preview…………….The production of electronics in the market is competitive, and this creates the need to observe the changes and the innovation that continues to take place in the market. The different electronic appliances are focused towards the improvement of the operation of the environment, and this creates the opportunity to enhance the competitive measures of the organization. The growth of the electronic market is expected to increase, and this necessitates for the development……………….APA 2081 words
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