Business Model of Beta Group - Assignment Example

The Beta Group utilized a sensible development in HXL technology. HXL technology is a branch of the Beta Group developed “to commercialize Beta’s new technology” (4). Based upon the various choices presented in the article in terms of exploiting technology I also agree to advance golf clubs. Golf is a game played by numerous people. People are always attempting to improve their golf game. With the technology employed HXL allows the individual to advance their game at a reasonable price. My second choice would to be advance the tennis racket. However, I believe that this would investment would not produce the same revenues as the advancement of golf clubs.

If this project were developed inside of a competitor's market, the Beta industry both the Beta Group and the product manufactured may not have been as successful. The Beta Group focused on a particular product, specifically sporting equipment. However, the Beta Group conducted research and employed strategic business decisions that allowed investors to what to invest larger quantities of money into the project. If a competitor had developed this product it may or may not have been successful depending upon the company’s present and previous business and financial investments.

A venture capitalist would invest in Beta Golf. This is because this company employs a strong strategic background and demonstrates the potential for financial growth. Venture capitalists focus on companies that demonstrate a strong potential for financial growth. In determining these companies venture capitalists invest fiancés to profit on the returns. Similarly, if this product had not been developed by the Beta Group investors may or may not have invested in this product.