Assuming you are proposing a product to your investor, and you handed him/her a business plan. Upon checking by the investor, the business plan lacks product marketability and design. The investor seek your attention about this problem and he/she let you revise your business plan.

Required:

1.How will you address the problem? Use basic decision model to take solution.

2.If the product is approved by the investor, how will you price your product? Explain.