Write a short summary describing your business idea. Before implementing an idea, you should test for...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Write a short summary describing your business idea. Before implementing an idea, you should test for its feasibility. The goal of a feasibility study is to determine whether to pursue an idea, wait until the time is right, or to move onto something new. Feasibility studies include the extent to which an idea is viable, realistic and the extent to which you are aware of internal and external forces that could affect your business. Unit 2 DQ is designed to provide you a chance to conduct the feasibility study. After discussing with the class your business idea(s) this week, you need to write up a summary to brief the instructor about your business idea which you choose to pursue. In the summary, the topics should include: • What is the problem that your business solves? • What is (your solution offered through) your product or service? • Who is your target market? • Who is your competition? Your instructor will provide you with feedback and final approval of your business plan idea prior to your next assignment that will be due in Unit # 3. Do not proceed with any further assignments until you've checked for and received approval from your instructor on your business plan idea. Write a short summary describing your business idea. Before implementing an idea, you should test for its feasibility. The goal of a feasibility study is to determine whether to pursue an idea, wait until the time is right, or to move onto something new. Feasibility studies include the extent to which an idea is viable, realistic and the extent to which you are aware of internal and external forces that could affect your business. Unit 2 DQ is designed to provide you a chance to conduct the feasibility study. After discussing with the class your business idea(s) this week, you need to write up a summary to brief the instructor about your business idea which you choose to pursue. In the summary, the topics should include: • What is the problem that your business solves? • What is (your solution offered through) your product or service? • Who is your target market? • Who is your competition? Your instructor will provide you with feedback and final approval of your business plan idea prior to your next assignment that will be due in Unit # 3. Do not proceed with any further assignments until you've checked for and received approval from your instructor on your business plan idea.
Expert Answer:
Answer rating: 100% (QA)
Short summary My new business idea is to open a online fitness and health classes Now a days People ... View the full answer
Related Book For
Statistics The Art and Science of Learning from Data
ISBN: 978-0321755940
3rd edition
Authors: Alan Agresti, Christine A. Franklin
Posted Date:
Students also viewed these accounting questions
-
What is the difference between internal and external forces that affect an e-business? How do they change the way an e-business operates?
-
The purpose of an independent-measures t-test is to determine whether the mean difference obtained between two groups in a between-subjects study is greater than could reasonably be expected by...
-
Write a short summary for Human rights
-
With the company expanding into several new markets in the coming months, Cable & Moore was anticipating a large increase in sales revenue. The future looked bright for this provider of...
-
(Multiple choice) 1. Which of the following results in the highest loss per case? a. Expense tampering. b. Payroll schemes. c. Register disbursement schemes. d. Billing schemes. 2. Which of the...
-
Logical Solutions reports the following overhead variances for 2010: Spending variance ......... $ 100,000 F Efficiency variance......... $ 100,000 F Volume variance ......... $ 300,000 F In...
-
Consider the following game trees. (a) Find all equilibria for the game tree on the left. Which of these are subgameperfect? (b) In the game tree on the right, the payoffs \ (a, b, c, d\) are...
-
GROSS PROFIT SECTION OF DEPARTMENTAL INCOME STATEMENT Bill Walters and Alice Jennings are partners in a business called Walters and Jennings Sportswear that sells athletic footwear. They have...
-
For the project below, construction company plans to sell it for $1,250,000 at the end of the seventh month. The company pays for labor weekly. The company pays material suppliers and subcontractors...
-
Harrison Printing has projected its sales for the first eight months of 2014 as follows: Harrison collects 20 percent of its sales in the month of the sale, 50 percent in the month following the...
-
Crosley Corp. sold an investment on an installment basis. The total gain of $60,000 was reported for financial reporting purposes in the period of sale. The company qualifies to use the...
-
A neglectful hotel guest tosses an apple core off of a balcony with an initial horizontal velocity of 6.7 m/s. If the guest is 15.5 m high, how far horizontally will the apple core land from the...
-
What particular challenges do students face in online learning environments? Explain some preparation strategies to become a successful online student by detailing at least four steps to manage these...
-
The relationship between the Fahrenheit (F) and Celsius (C) scales is given by F = g(C) = C + 32. (a) Find g-1. g- (F) = What does g1 represent?
-
6. A soap bubble (n=1.33) having a wall thickness of 120 nm is floating in air. a. What is the wavelength of the visible light that is most strongly reflected? b. Explain how a bubble of different...
-
5. Consider a generalization of the B-tree with minimum fullness factor f=3. Determine: (i) the mean storage utilization E(p) (ii) the standard deviation of the storage utilization sd(p) (iii) (iv)...
-
Clueing in Customer chronicles the success of Mayo Clinic in designing and managing evidence to support the "story" it wants to convey to its stakeholders. Many extol Mayo's commitment to its...
-
After Theorem 1.5 we note that multiplying a row by 0 is not allowed because that could change a solution set. Give an example of a system with solution set S0 where after multiplying a row by 0 the...
-
Data are available for all fires in Chicago last year on x = number of firefighters at the fire and y = cost of damages due to the fire. a. If the correlation is positive, does this mean that having...
-
A report summarizing scores for students on a verbal aptitude test x and a mathematics aptitude test y states that = 480, = 500, sx = 80, sy = 120, and r = 0.60. a. Find the slope of the regression...
-
Go to the Confidence Intervals for a Mean applet on the text CD. Choose the sample size of 50 and the skewed population distribution with = 100. Generate 100 random samples, each of size 50, and for...
-
What are some of the main points of SASNo. 99 ?
-
What is the Public Company Accounting Oversight Board (PCACOB)?
-
What is the Institute of Internal Auditors' definition of internal auditing?
Study smarter with the SolutionInn App