business description and summary\n1. what product or service will this company provide?\n2. who is your…
business description and summary\n1. what product or service will this company provide?\n2. who is your target market?\n3. how will your product or service make lives better?
Answer
Brief Explanations:
- The first question asks for the nature of the company's offering.
- The second question inquires about the specific group of consumers the company aims to serve.
- The third question focuses on the positive impact of the product or service on customers' lives. These are fundamental aspects in business - marketing sub - field for understanding and formulating a business plan.
Answer:
- The answer would be a description of the product or service, e.g., "The company will provide organic skincare products."
- The answer should identify the target market, e.g., "Women aged 25 - 45 who are health - conscious."
- The answer could be something like "The organic skincare products will improve skin health and boost self - confidence."