Question
Assignment 1A: Business Ideas Planning Weight ungraded but required Due later than 11:00 p.m. on Sunday of unit 2 but submitted as part of report
Assignment 1A: Business Ideas Planning
- Weight ungraded but required
- Duelater than 11:00 p.m. on Sunday of unit 2 but submitted as part of report 1 in unit 6
Objectives
On successful completion of this assignment, students should be able to
- define the business plan in terms of a product/service description,
- identify the potential target market,
- identify the benefits of the product/service, and
- create a concept statement and survey three peers on the business idea. (catering service business),
Brief Description
The purpose of the first assignment is to provide you with a vehicle to explore possible business ideas and to select a business to develop through the course. This will be the first step toward building a comprehensive business plan that you could use in starting your business.
Submission Instructions
Select the one business idea you intend to pursue this semester. See https://www.ibisworld.com/canada/list-of-industries/ for sources of information and you may use other databases. You will receive feedback from the instructor on your submission. In unit 6 you will be resubmitting this as Part 1 of your project.
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