Abstract
We, as a teammate, discussed wanting to make businesses that already exist and wanting to improvise them using Business Model Canvas (BMC). The goal of preparing this report for BMC evaluation is to figure out the problem statement, which is a brief summary of the problem to be solved. The main focus of the issue declaration is to define and clarify the problem. For this to be successful, it is necessary to characterise the current climate, determine where the problem occurs, and determine how it affects consumer behaviour, financial performance, and related operations. Opportunity identification is also outlined while problem formulation is explained. Recognizing prospects requires the development of a new company plan through creative brainstorming. D&D Supplies produces coconut milk, a local product owned by Encik Mohamad Daud. This product is sold at an affordable price with high quality, and it also benefits the whole family in the house as it is used in daily cooking. There are three ways for customers to buy from them: in-store, delivery, and through WhatsApp. Besides that, they have three main supplies that can provide the good coconut. The marketing approach of D&D Supplies is to stress the quality and value of the products and services they offer. In this study, the Business Model Canvas (BMC) is used to acknowledge the way this business creates deliver and capture value. The business model canvas also provides the structure of the D&D Supplies business plan. Each of the nine blocks of the business model canvas, which are customer segments, value proposition, channels, customer relationship, revenue streams, key resources, key activities, key partner, and cost structure, must be determined by the company. By using this, we able to identify a problem faced by D&D Supplies and able to develop a solution for the problems. Many solutions are made to improve the product that available in the current market for customer needs. An issue faced by D&D Supplies was discovered and solved through the use of this method. There are a variety of ways to improve the current product on the market to better meet the needs of consumers.
Metadata
Item Type: | Entrepreneurship Project |
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Creators: | Creators Email / ID Num. Ahmad Fuad, Nur Fatin Nabila 2020359607 Md Razalli, Nurul Ridwana 2020595039 Roslan, Nuriffah Nafisah 2020149869 Ghazali, Hafizatul Husna 2020721287 |
Contributors: | Contribution Name Email / ID Num. Advisor Jalil, Zainah 124245 |
Subjects: | H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty H Social Sciences > HD Industries. Land use. Labor > Business analysts |
Divisions: | Universiti Teknologi MARA, Melaka > Bandaraya Melaka Campus > Faculty of Business and Management |
Keywords: | Entrepreneurship; Company analysis; Business Model Canvas |
Date: | 2021 |
URI: | https://ir.uitm.edu.my/id/eprint/60890 |
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