Business Model and Strategic Plan Part I: Conceptualizing a New Product or Service Division of an Existing Business on company American eagle outfitters inc., Write a 1,400- to 1,750-word paper in which you explain the importance of innovation in your selected business’s vision, mission, and values, and determine your business model for this new division. Include the following:
â€¢Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement. Ensure that you are differentiating your product or service.
â€¢Describe how the division addresses customer needs and achieves competitive advantage.
â€¢Create a vision and a business model for this new division that clearly demonstrates your decision on what you want your business to become in the future.
â€¢Explain how the vision, mission, and value of the new division align with the company’s mission and vision.
â€¢Summarize how the vision, mission, and values guide the division’s strategic direction.
â€¢Define your guiding principles and values for your division in the context of culture, social responsibility, and ethics