In a recent entrepreneurship class, Steven Milton has been given an assignment to conduct a product/service feasibility
Question:
In a recent entrepreneurship class, Steven Milton has been given an assignment to conduct a product/service feasibility analysis.
He is to propose a product or service that might be useful to students on campus, and the analysis should include an assessment of its overall appeal. Steven should include the following questions in his analysis to determine its appeal: Does the product/service make sense? Does it solve a problem or fill a gap in the market?
Is now a good time to introduce the product/service? Are there any flaws? As Steven’s friend, help him to propose a suitable product/service to the intended target market and conduct a feasibility analysis based on his proposal.
Step by Step Answer:
Entrepreneurship Successfully Launching New Ventures
ISBN: 9781292255330
6th Global Edition
Authors: R. Duane Ireland, Bruce R. Barringer