Question: Please do it To develop a comprehensive idea of business and devise a business plan that imbibes the essence of innovation and entrepreneurship. You can

Please do it

To develop a comprehensive idea of business and devise a business plan that imbibes the essence of innovation and entrepreneurship. You can choose any product or service in UAE.

While developing the business plan, Keep the following points in mind:

1. Introduction of product or service

2. Identification of market gap

3. Market and environmental scanning and analysis.

4. Competitor analysis

5. Consideration of Innovation and industry life cycle

6. Forecasting tools

7. Challenges and suggestions to address if found

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