1) Digital Platform Ecosystem - Industry analysis and trends. Once you defined and described your business plan, the next step is to identify your industry and the growth potential and globalization trend.

2) Digital Platform Ecosystem - Strategic opportunities that exist globally in terms of size and growth.

3) Digital Platform Ecosystem -  Review annual reports of companies in similar businesses and see how are they doing financially, even though they may not be identical, but the ratio may be similar.

 

Question One

Olly is featured as a manufacturer of different premium nutrition and wellness products. It is essential for offering other minerals, vitamins, and also supplements. In addition to the same, the company focuses on producing protein powder and different snack bars.  However, the company's mission is featured to inspire lifelong healthy habits by ensuring that it brings about simplicity, delight, and inspiration to the supplements and vitamins in the world.  The company has different growth potential. As a result of the line of the other products that the company operates in, it meets the consumer's diverse needs. It is a company for people that want to look and also feel their best (Jangra  & Kaushik, 2018). This is made possible without having the individuals taking unpleasant-tasting pills. Therefore, the company has unique products that give it a potential for growth in the market. This will also ensure that the company offers different products across the continent. With these benefits and also offering unique products, the company has growth potentilla and also globalization trend.

Question Two

Strategic opportunities play a significant role in ensuring that the organization achieves a competitive advantage in the marketplace. It is a way that provides the provision of the value of customers through the exploitation of the core competencies in an organization. Olly has different strategic opportunities for existing globally both in size and growth.  The first factor that leads to strategic opportunities for Olly is cost leadership. The company is featured with prioritizing its costs and ensuring that the customers can meet the cost of the different products.  The company provides that its costs are less than those of the competitors. This is vital for ensuring that Olly can exploit new markets in the environment. Cost is an essential factor that provides that the company can be affordable and acquire more customers.

Another strategic opportunity for Olly is differentiation. It is important to note that the company is differentiated in the market very well. Through the unique products and services that the company offers, it stands out to be unique in the market. The company provides products that ensure that people who want to feel and look better can achieve the same through products that do not need one to use unpleasant-tasing pills.  The flawless complexion multivitamin is essential for differentiating the different products and ensuring that that company stands out in the market. The broad market is another strategic opportunity that Olly can focus on to explore the other available markets (Kashceev & Ermolenko, 2021). Olly has a large market that it offers its products, and hence it has an opportunity of expanding and having more consumers.  This is an opportunity to increase the size of the market for Olly. Olly can also focus on cost leadership strategy that is another practical approach for improving and growing significantly. Olly can compete in prices as it focuses on serving a niche market.  This is important and ensures that Olly focuses on a small group of customers providing quality products. This is vital as Olly will focus on understanding the different needs of consumers.

Question Three

Companies that are operating within these sectors are noted to be improving all the time. They are gaining more customers when it comes to increasing their operations and focusing on coming up with new products (Jangra & Kaushik, 2018). The companies in these sectors have shown a significant increase in sales in the different products they are offering and ensure that they acquire consumers all the year. An increase in financial operation and increased customer base show that the company is operating appropriately and successfully in its activities.