Evaluate the components of a business plan

Reference no: EM133043352 , Length: word count:1200

Developing a Sustainable Small Business

Read the case study titled "Pre-Launch Decisions Which Influence Innovation Success" found in Chapter 7 of your textbook.

You will then write a 4-5 page paper in which the following items are addressed.

Discuss the necessity of short-term and long-term forecasting for developing the key elements of the business plan.

Evaluate the importance of developing formal and informal networks when building new business opportunities and expanding into new markets.
Discuss the importance of knowledge management in the digital age and identify two risks organizations must address to mitigate competitive pressures.

Consider the various components of a business plan and identify two components that you believe would be the most challenging for you as an aspiring entrepreneur.

Describe how technology could help overcome identified business plan challenges.

Locate and integrate at least two supporting sources from the Strayer Online Library or other reputable sources.

This course requires use of new Strayer Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.

The specific course learning outcome associated with this assignment is:
Evaluate the components of a business plan related to forecasting, networking, and knowledge management.

Reference no: EM133043352

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