Combustion to electric cars conversion

This is the second part of the attached already did essay The objective of this assignment is to assist you in continuing with developing your business opportunity for the final paper. In 3-4 pages, address the areas below. This paper will allow you to work on the right and left side of your business model canvas. You will have the opportunity to continue to develop these areas before your final paper submission in week 8. Determine customer relationships: Determine the types of relationships you will establish and maintain with your customers. Consider factors such as personal assistance, self-service, automated interactions, community engagement, or other strategies to build and nurture relationships. Describe the intended customer relationship approach for each identified customer segment. Establish revenue streams: Identify and describe the different sources of revenue for your business. Consider pricing strategies, revenue models (e.g., one-time sales, recurring subscriptions, licensing fees), and any other monetization methods relevant to your business model. Explain how your revenue streams align with your value proposition and customer segments. Determine key resources: Identify the key resources your business will require to operate effectively. These resources may include physical assets (e.g., machinery, equipment, inventory), intellectual property, human resources (e.g., employees, skills, expertise), financial resources, or any other critical inputs necessary for your business model. Describe each key resource and explain its importance in supporting your value proposition. Establish key partnerships: Identify potential key partners or strategic alliances that can enhance your business's capabilities, reduce costs, or provide access to important resources or expertise. Consider suppliers, distributors, technology providers, industry associations, or any other entities that can contribute to your business's success. Describe each potential partnership and explain the value it brings to your venture. Analyze cost structure: Define the cost structure of your business model by identifying and categorizing the main costs associated with operating your venture. Consider fixed costs (e.g., rent, salaries), variable costs (e.g., raw materials, marketing expenses), and any other expenses that are critical to your business. Analyze how these costs align with your value proposition and operational activities. Guidelines: Your paper should be approximately 3-4 pages, not counting the cover page, reference list page, appendices, figures, or tables. Your assignment should include a title page and a reference list page, and be completed according to the requirements of the APA Stylebook. Three references are required. Beyond these required references, additional references are not required but if you do cite literature, please use the most current APA format. An abstract is not required.