1 Define Product Service Need Analyze Development 2 Use Swot Analysis 3 Define Twos Analys Q34196890

1. Define your product/service that you will need to analyze forfurther development.

2. Use SWOT analysis.

3. Define the TWOS analysis, and select the most convenientstrategy (ies) that could be implementing.

Expert Answer

1. The service that I have selected is a restaurant. It can bedeveloped in the following manner:

• Choosing a theme: choosing a restaurant theme can influence thebusiness plan & these decisions are based on various facts liketargeted customers, style of cuisine, locations etc. it is alsoessential to develop a clear philosophy & unique personalityfor the restaurant. Research the style of cuisine & industrypredictions before choosing a theme.
• Research the market: successful concepts would
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