(Mt) – MGT 402 SEU Business Model Development Question

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Hello, check I have upoaded the final answerCollege of Administrative and Financial SciencesAssignment 1Deadline: 17/10/2020 @ 23:59Course Name: Entrepreneurship and Small Student’s Name:BusinessCourse Code: – MGT 402Student’s ID Number:Semester: IICRN:Academic Year: 1440/1441 HFor Instructor’s Use onlyInstructor’s Name:Students’ Grade: Marks Obtained/Out ofLevel of Marks: High/Middle/Low2Start-up Business Plan1. OwnersBusiness Name: AutoTechAddress: P. O. Box 1234 Saudi ArabiaEmail: [email protected] General Business Descriptiona. Type of business•Mission StatementTo provide the fascinating automotive technology space, internet, software, and marketingservices to our esteem clients.•Company goals and objectivesBe the best: we strive to use the brightest intellects and utilize the best existing technology toachieve our new challenge for customers’ needs.Inspire and respect clients: the company’s success depends on the team members’ and clients’success. Treating team members and clients with the respect they deserve and inspiring theirsuccess is an effective way to support its success.Learning Unceasingly: due to the constant change in the industry we are venturing into and theworld, it is essential to comprehend the changes and make adjustments accordingly to remainrelevant.b. Business Philosophy3a. What is important to you in your business•To whom will you market your product?Our company deals with the automobile, internet, and software services, wherebywe will be handling two types of clients, those who want to sell and those whowant to buy the products.•Describe your Industry: Is it a growth industry? What long term or Short-termchanges do you foresee in the industry? How will your company take advantageof it?Our industry is Automotive Technology Space, where we provide a website,internet, and software services to clients by giving them a solution to sell and buycars easily on our website. For those selling cars, they need to input car numbers,mileage covered, and cash offer. Then the company will send an inspection teamto inspect the car before we facilitate the purchase. The industry mainly providesonline se…

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