Question: In this assignment, students are required to write a report and do a presentation on a new business management practice. They need to analyse the

In this assignment, students are required to write a report and do a presentation on a new business management practice. They need to analyse the selected Business to come up with answers for the following questions:

Name and introduction of the Business

Size of the business and Product Features

What are the capital sources for the new business and how they are obtained?

What are the challenges and difficulties that might be expected for the example business? You need to discuss any possible problem such as legal, technological, political, economic, environmental, social and cultural challenges.

How are the potential risks involved in the process of the example business venture?

Provide Management practices you will be implementing to minimise or eliminate the problems/issues you have or might have in the future.

Recommendation

Conclusion

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