Question: You have successfully taught yourself how to program apps by using online resources like Datacamp, Coursera, and Codeacademy. You have an idea for a new

You have successfully taught yourself how to

You have successfully taught yourself how to program apps by using online resources like Datacamp, Coursera, and Codeacademy. You have an idea for a new app that will inform students whether their backpacks are missing important items on a particular day, like textbooks, Scantron forms for exams, laptops, or financial calculators. You develop a business plan and win the $50,000 first prize in a competition run by Innovation Depot, the epicenter for technology startups in Birmingham, Alabama. You are about to graduate, and you want to launch your own startup with the prize money. At a high level, explain (1) the primary purpose of business and how it relates to your business, (2) your business model in terms of inputs of resources and outputs of goods and services (refer to lllustration 1.11 for guidance), and (3) the cash flow implications of your business model, including how you are going to generate cash. Explain the primary purpose of a business and how it relates to your business. eTextbook and Media Assistance Used Explain your business model in terms of inputs of resources and outputs of goods and services. eTextbook and Media Explain the cash flow implications of your business model, including how you are going to generate cash

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