CASE: Arielle, Sanjay and Victoria's New Business Arielle and Sanjay met while they were both taking the Business Diploma Program at SaskPolytech. They became fast friends and shared an interest in starting their own business. They both loved to golf, but neither of them was very good at the game. As a result, they lost a lot of golf balls by hitting them into tall grass, bushes, and other places where they just couldn't find them despite prolonged searches. Not only was this delay of game annoying to other golfers, but it was also costing Arielle and Sanjay a lot of money - they were buying new golf balls all the time. One day, over drinks after a round of golf, they began discussing an idea. This idea quickly turned into what they believed was a great business opportunity. They would develop a golf ball with a built in GPS locating device that golfers could connect to a tracking app on their smartphones. That way, lost golf balls could be easily located. The pair knew that other companies were working toward this as well, but they felt that they could win the race to make theirs a reality first, and in a way that was cheap enough for the average golfer to want to use. They had a secret weapon - their computer engineering friend, Victoria. They got Victoria on board with the idea and soon she had developed a working prototype. Now they had to officially start their business. Arielle, Sanjay and Victoria knew that they could work well together. Arielle could always see the "big picture" and was an extremely logical thinker. Sanjay was more of a "people person" with excellent interpersonal and communication skills. The trio were, however, worried about how they would find money t fund their startup. They were also concerned about privacy. They didn't want to have to disclose any of their research due to the competitive nature of this endeavour. the trio wants to maintain total control over their business. Risk was also a factor that they considered the couple did not want to put their personal assets at risk in this venture. Question 5 In order to manage their business effectively and efficiently, Arielle, Sanjay and Victoria will need certain skills. Based on what we have discussed in class, name and explain the types or categories of skills that they will need. Give an example pertaining to this case to support your explanation of each skillset