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Summary Week 6 Milestone .docx BUSN 410 Team Course Project Update Report DeVry University BUSN 410 The information the Chester team put down on week one team charter and plan does not require and changes or updates. We all feel that the plan we agreed on was$7.49
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Summary Week 6 Milestone .docx BUSN 410 Team Course Project Update Report DeVry University BUSN 410 The information the Chester team put down on week one team charter and plan does not require and changes or updates. We all feel that the plan we agreed on was
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Week 6 Milestone .docx BUSN 410 Team Course Project Update Report DeVry University BUSN 410 The information the Chester team put down on week one team charter and plan does not require and changes or updates. We all feel that the plan we agreed on was doable and we all stayed committed. Our sou...
week 6 milestone docx busn 410 team course project update report devry university busn 410 the information the chester team put down on week one team charter and plan does not require and changes
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BUSN 410
Team Course Project Update Report
DeVry University
BUSN 410
The information the Chester team put down on week one team charter and plan does not require and
changes or updates. We all feel that the plan we agreed on was doable and we all stayed committed.
Our source of communication was via WhatsUp by phone. We also scheduled our weekly
conference calls on Wednesdays which were mandatory for all of us to attend. During these
conferences we discussed upcoming projects, divided work amongst each other and
worked on Capsism via screen sharing. Overall our project progress as expected and our business
continued to earn profits.
Porter’s Genetic Strategy:
As a team we all decided to adopt the Niche Cost strategy. Our goal was to focus on Low Tech
customers. At the beginning our products were little on higher end price range, but progressively we
were able to get the pricing where the demand started to go. By focusing on improving performance
on the R&D is was clear that our products selling out quickly.
Target Market:
Our main goal from the beginning was to provide customers with sufficient performance, dependable
product and reasonable size. By focusing on the traditional segment we were able to target and server
Low Tech customers. The Low Tech customer segment demands products with lower cost last
longer, it doesn’t require annually updates and changes. Our products were priced average, but later
, we ended up switching more towards to the High Tech segment and began to target those customers
who want quantity over quality and are willing to pay the price.
Project Plan:
Our weekly meetings helped us to stay on task. We all agreed that having structure would be
good for us and our company. In our Team Charter each of us identified our strengths and
weaknesses and based on that we divided work amongst ourselves.
Task Task Week1 Week2 Week3 Week4 Week5 Week6 Week7 Week8
Lead
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