Question
For your assignment, you will analyze a business to sell texturised vegetable protein. Then you will create a profile of your potential customers, which also
For your assignment, you will analyze a business to sell texturised vegetable protein.
Then you will create a profile of your potential customers, which also includes initial market research to determine your competition, the people and culture of the market, and the laws and regulations you need to abide by to do business.
Using the analysis of a business you just completed, you'll then create a brief action plan for implementing your Module 1 insights into the business you want to conduct.
Industry
Indicate the industry in which you would like to conduct a business. | Industry:
|
Name of Business
Indicate the name of your desired business and briefly describe what this company does. | Business Name:
Business Description:
|
Proposed Product or Service
Indicate the proposed product or service that will generate revenue. Describe this product or service. | Product or Service:
Description:
|
Target Customer Market & Profile
Describe the target customer market and customer profile. | Target Customer Market:
Target Customer Profile:
. |
Company Need
Discuss why the company needs to extend its product or service. Identify and discuss economic indicators.
| Need:
Economic Indicators |
Customer Need
What customer need(s) is being fulfilled? | Need #1
Need #2
Need #3
Need #4
|
Market Location
Where will your new product or service be marketed? Explain you reason for choosing this market. | Location:
Explanation:
|
Competitors
Describe your competitors. | Provide your competitor description here. |
Regulations
Discuss the laws, cultural norms and regulations that may have an impact on the business. | Laws:
Cultural Norms:
Regulations:
|
Action Plan | |
Directions: Using the analysis of a business you just completed, create a brief action plan for implementing your Module 1 insights into the business you want to conduct. | |
What insights did you glean from Module 1? (Write 1-2 paragraphs)
What are 3-5 recommended actions for implementing your analysis insights into the in the business you want to conduct? Explain why each action is valuable. (Write 1-2 paragraphs)
Which stakeholders would you need to involve? Why? (Write 1 paragraph)
| |
Resources
List the sources that you used to complete this worksheet. Apply APA formatting. | Resource #1 Provide the APA-formatted resource here.
Resource #2 Provide the APA-formatted resource here.
Resource #3 Provide the APA-formatted resource here.
Resource #4 Provide the APA-formatted resource here.
Resource #5 Provide the APA-formatted resource here.
|
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