Recognize and explore a new business opportunity

Assignment Help Business Management

Reference no: EM13500749

Imagine you are hired by a new start-up company. You are tasked to recognize and explore a new business opportunity of creating a new product or service for your company. As part of your new business vision, you will create a business plan describing all keys elements of the business opportunity which will ultimately be presented to an executive team in a venture capital group for possible funding and execution.

Part I of the business plan will describe your business vision you plan to undertake in your company.

Write a five to six (5-6) page in which you:

Compile a business vision about the type of product or service you think your company needs to develop. Next, describe the business values and corporate values that you want to create.
Determine the need for the new product or service. Next, provide an overview of the market you intend to enter, and defend why this market is ripe for the introduction of this product or service at this particular time.
Determine the type of business model you will use for your new business opportunity. Support your response.
Formulate a feasibility analysis, and determine whether the new product or service is feasible. Identify the roadblocks that you will likely face.
Evaluate the data from your analysis, considering the source and time period. Justify the future financial condition of your company.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

Reference no: EM13500749

Questions Cloud

The general partnership is the dominant form of business : The general partnership is the dominant form of business ownership, with the vast majority of large business organizations using this form of ownership.

Find the difference in atomic mass between the two isotopes : Two isotopes of a certain element have binding energies that differ by 4.61 MeV. Find the difference in atomic mass between the two isotopes

Typical forecasting process : How much does the forecasting process at Deckers correspond with the "typical forecasting process" described at the end of this chapter?

Compute the phase difference between the two waves : Two traveling sine waves, identical except for a phase difference of phi, What is the phase difference between the two waves

Recognize and explore a new business opportunity : Recognize and explore a new business opportunity of creating a new product or service for your company

Determine other kinds of errors that can contribute to : Explain in your own words what the author of your textbook means by the statement, “If you add percents, you often obtain incorrect results.” Determine other kinds of errors that can contribute to inaccurate percent results.

Explain how strategic management : 1. Explain how strategic management and the strategic management process aare illustrated in this case

The tractor beam exerts a constant force : A Federation starship ( 2.10×106kgkg ) uses its tractor beam to pull a shuttlecraft ( 2.10×104kgkg ) aboard from a distance of 15.0kmkm away. The tractor beam exerts a constant force of 4.0×104N4.0 \times 10^{4}\;{\rm N} on the shuttlecraft. Both spa..

Compute the intensity of the sound wave : The intensity of the sound wave from a jet airplane as it is taking off is 114 W/m2 at a distance of 4.3 m. What is the intensity of the sound wave

User Account

All Pages