A business can ensure it's accurately plotting factors against their importance on a Strategy Canvas by first identifying the key factors that influence its business model and competitive position. These factors could include price, quality, customer service, innovation, etc. Once these factors are identified, the business should assess their importance in terms of their impact on customer decision-making and competitive differentiation. This assessment should be based on market research, customer feedback, and competitive analysis. The business should then plot these factors on the Strategy Canvas, with the factors on the x-axis and their importance on the y-axis. The plotting should be done in a way that accurately reflects the relative importance of each factor. The business should also regularly review and update the Strategy Canvas to reflect changes in the business environment and strategy.
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