Strategic Management

Question:

Identify a business which is isaturated/crowded and you also want to enter into that business,what would be the strategies adopted by your business to differentiate istelf in the saturated market?

ANSWER:

I would like to open a television news channel as in the upcomming time I can see the high demand of news channels but a reliable one.

Television is an important form of communication and has been for many years. Television brings important historical events, both positive and negative, directly into our homes. People don’t just read about current events, they experience them in real time. Knowing about the current events is something every person wants to do after they wake up. There are different ways of doing it like reading the newspaper, accessing Online News, switching on the television news channel and so on.

TELEVISION NEWS CHANNEL:

television news channel refers to disseminating current events via the medium of television. "News bulletins" or "newscasts" are programs lasting from seconds to hours that provide updates on world, national, regional or local news events. Television news is very image-based, showing video of many of the events that are reported. Television channels may provide news bulletins as part of a regularly scheduled news program. Less often, television shows may be interrupted or replaced by "news flashes" to provide news updates on current events of great importance or sudden events of great importance.

Television news channels are television specialty channels which focus on presenting news content.

MY motivation to open a news channel wolud be the greed of the people to know more and more about what is happening around and the news which is provided with the right facts and figure at the right time,it will be a 24 hours and 7 days a week(24/7) live news channel.The differentiating part will the live 24 hours telecasting and the higher involvement of public which would give the public feelings of importance...