How can your business model be beneficial for the economy

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Reference no: EM133425788

Question: Bussines plan for a Marketing Consulting Agency  

  • Assume that you are planning to initiate your business and you have to think like a Businessman who needs to prepare a Business Model and has to present that to Government and other economic agent
  • Describe in detail the product/ service you would like to choose for the busines
  • Describe the economic concepts and principles of economics you would apply at every stage of Business viz. how the understanding of elasticity of demand/supply would be helpful)
  • Could any externalities (positive/negative) arise from your business? If Negative externalities would arise from your business, how would you compensate the party/people/organisation/environment anticipated to be affected by it.
  • How can your Business Model be beneficial for the economy?
  • What you would want Government to do for your Business

Reference no: EM133425788

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