Here you can read our ultimate free guide on the BUS 400 3-2 Milestone One and see its solution.
Instructions of BUS 400 3-2 Milestone One
Overview
It’s the moment of truth: the first step in introducing the new project to senior management. The senior management team is located in another state and wants to hear your pitch remotely. They have given you five minutes to deliver your pitch during a leadership meeting.
Prompt
Create and record an elevator pitch for your new product or service using your project outline as a guide. In your pitch, be sure to include the following:
Introduction: Introduce your product or service.
How it fits: Describe how the product or service fits into the overall strategic plan and mission of the company.
Speculate about whether the product or service fits within the capabilities of the company based on your research from previous modules (use resources like Marketline.com, Yahoo Finance, and investor relations pages within the company’s website).
Justification: Justify your suggestion based on the numbers.
What will be the revenue gain?
Speculate on an ROI that justifies the project for investors and/or senior management.
Enhancing the mission: Explain how the new product or service enhances the company’s overall mission.
Does it project profitability?
Support your position with information and data from the company’s 10K (use resources like Marketline.com, Yahoo Finance, and investor relations pages within the company’s website).
What to Submit
To complete this project, you must submit the following:
A 3- to 5-minute elevator pitch video or audio recording (mp3) as well as an outline and references page in Word using double spacing, one-inch margins, and 12-point Times New Roman. Sources should be cited according to APA style.
OR
A 1- to 3-page elevator pitch script in a Word document using double spacing, one-inch margins, and 12-point Times New Roman font. Sources should be cited according to APA style.
Step-By-Step Guide on BUS 400 3-2 Milestone One
Introduction to BUS 400 Milestone One
The BUS 400 3-2 Milestone One revolves around your understanding of building an elevator pitch for senior management. I will provide brief and descriptive guidelines to solve the bus 400 milestone one and a dummy solution for each section. This Owlisdom How-To Guide will equip you with guidelines to tackle all the queries related to the bus 400 3-2 milestone one submission. Let us begin with the guide.
Introduce your product or service.
Introduction
To start BUS 400 3-2 Milestone One, we will craft a compelling introduction that grabs the attention of senior management.
- Start with a hook to engage your audience.
- Introduce your new product or service, emphasizing its unique value proposition.
- Clearly state the name and purpose of your product or service concisely.
Example
Begin your introduction with a captivating hook that immediately grabs the attention of senior management. Introduce our innovative product, emphasizing its unique value proposition. Our product, InnovateTech, revolutionizes the transportation industry by offering an environmentally friendly and cost-effective solution for urban commuters. Its cutting-edge electric propulsion system and advanced navigation features address the growing need for sustainable transportation options in congested city centers. Its purpose is to redefine urban mobility and reduce carbon emissions by providing a reliable and efficient alternative to traditional gas-powered vehicles. This introduction sets the stage for an engaging presentation highlighting our new product’s significance and potential.
Describe how the product or service fits into the company’s overall strategic plan and mission. Speculate about whether the product or service fits within the company’s capabilities based on your previous modules’ research (use resources like Marketline.com, Yahoo Finance, and investor relations pages within the company’s website).
How it Fits
The next section of BUS 400 3-2 Milestone One will describe how our product or service aligns with the company’s strategic plan and mission.
- Speculate on whether it fits within the company’s capabilities based on prior research.
- Highlight critical points from your project outline that demonstrate alignment with company goals.
- Use data and insights from previous modules and resources like Yahoo Finance to support your claims.
Example
Based on prior research and analysis, our product aligns seamlessly with the company’s strategic plan and mission. Leveraging insights from Marketline.com and Yahoo Finance, we speculate that our product falls well within the company’s capabilities. Our project outline underscores this alignment by highlighting key points demonstrating how our product supports company goals. For instance, we contribute to the company’s commitment to sustainability by addressing market demand for eco-friendly transportation solutions. Data from Yahoo Finance further supports our speculation, indicating favorable market trends and financial stability that validate our product’s fit within the company’s strategic framework.
Justify your suggestion based on the numbers. What will be the revenue gain? Speculate on an ROI that justifies the project for investors and senior management.
Justification
For the next section of BUS 400 3-2 Milestone One, we will justify our suggestion with numerical evidence, focusing on potential revenue gain and ROI.
- Speculate the financial benefits that make the project worthwhile for investors and senior management.
- Utilize financial data and projections to estimate revenue gain and ROI.
- Support your justification with information from sources like the company’s 10K report on Yahoo Finance.
Example
Our suggestion is substantiated by compelling numerical evidence, focusing on potential revenue gain and ROI. By utilizing financial data and projections sourced from the company’s 10K report on Yahoo Finance, we estimate a significant revenue gain for the project. Additionally, our ROI speculation justifies the project for investors and senior management by demonstrating the potential for substantial returns on investment. This data-driven approach assures stakeholders of the project’s financial viability and underscores its value as a strategic investment opportunity within the company’s portfolio.
Explain how the new product or service enhances the company’s overall mission. Does it project profitability? Support your position with information and data from the company’s 10K (use resources like Marketline.com, Yahoo Finance, and investor relations pages within the company’s website).
Enhancing the Mission
The next section of BUS 400 3-2 Milestone One explains how our new product or service enhances the company’s overall mission.
- Discuss projected profitability and support your position with relevant data.
- Articulate how your product or service aligns with the company’s core values and objectives.
- Use data from the company’s financial reports and other reputable sources to bolster your argument.
Example
Our new product significantly enhances the company’s mission by aligning with its core values and objectives. Through a careful analysis of financial reports sourced from Yahoo Finance and other reputable sources, we project profitability for the product. By providing data-driven evidence of its potential economic impact, we strengthen our argument for its alignment with the company’s mission. Additionally, our product’s focus on sustainability and innovation resonates with the company’s commitment to environmental responsibility and customer satisfaction, further reinforcing its contribution to advancing its overarching goals.
Closing
Crafting a compelling elevator pitch requires careful planning and attention to detail. In BUS 400 3-2 Milestone One, Following these guidelines and incorporating insights from your project outline and research, you can effectively communicate the value and potential of your new product or service to senior management, setting the stage for their support and investment. In the next module of BUS-400, we will explore the 4-1 Assignment Business Model Canvas.
