SlideShare a Scribd company logo
1 of 9
BUS 521 Week 3 Assignment 1 Business Plan Part I –
Business Vision
For more course tutorials visit
www.tutorialrank.com
Assignment 1: Business Plan Part I – Business Vision
Due Week 3 and worth 180 points
Note: Refer to scenarios and reading assignments from previous weeks
to complete this assignment.
Imagine you are hired by a new start-up company. You are tasked to
recognize and explore a new business opportunity of creating a new
product or service for your company. As part of your new business
vision, you will create a business plan describing all keys elements of
the business opportunity which will ultimately be presented to an
executive team in a venture capital group for possible funding and
execution.
Part I of the business plan will describe your business vision you plan to
undertake in your company.
Write a five to six (5-6) page in which you:
1. Compile a business vision about the type of product or service you
think your company needs to develop. Next, describe the business values
and corporate values that you want to create.
2. Determine the need for the new product or service. Next, provide
an overview of the market you intend to enter, and defend why this
market is ripe for the introduction of this product or service at this
particular time.
3. Determine the type of business model you will use for your new
business opportunity. Support your response.
4. Formulate a feasibility analysis, and determine whether the new
product or service is feasible. Identify the roadblocks that you will likely
face.
5. Evaluate the data from your analysis, considering the source and
time period. Justify the future financial condition of your company.
6. Use at least three (3) quality resources in this
assignment.Note: Wikipedia and similar Websites do not qualify as
quality resources.
Your assignment must follow these formatting requirements:
 Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and references must
follow APA or school-specific format. Check with your professor
for any additional instructions.
 Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the
required assignment page length.
The specific course learning outcomes associated with this assignment
are:
 Analyze the entrepreneurial process to determine where a company
is in the process and how to implement change successfully.
 Examine entrepreneurial intentions and strategies to support
entrepreneurship.
 Examine the creativity and business idea process, and the
materialization of domestic and foreign market entry opportunities.
 Analyze the financial planning process for a new venture.
 Analyze the process of protecting the new venture idea and
legitimizing it through a formalized business plan.
 Use technology and information resources to research issues in
entrepreneurship and innovation.
 Write clearly and concisely about entrepreneurship and innovation
using proper writing mechanics.
===============================================
BUS 521 Week 7 Assignment 2 Business Plan Part II –
Competitive Analysis and Strategic Assessment
For more course tutorials visit
www.tutorialrank.com
Assignment 2: Business Plan Part II – Competitive Analysis and
Strategic Assessment
Due Week 7 and worth 230 points
Note: Refer to scenarios and reading assignments from previous weeks
to complete this assignment.
In Part I of your business plan, you explored a business opportunity for
your company. You identified your business model, formulated your
feasibility statement, and evaluated your data. In Part II, you will
conduct a competitive analysis and strategic assessment of the proposed
venture, balancing the possible risks and opportunities your company
will face. In addition, you will provide the financial requirements for the
venture capital group to evaluate.
Write a seven to eight (7-8) page paper in which you:
1. Conduct a competitive analysis in which you explain the sources of
competition, the strengths of your competitors’ companies, and the other
factors affecting your ability to compete.
2. Provide at least three (3) strategies and three (3) marketing tactics
for attracting first-time customers.
3. Determine three to five (3-5) kinds of strategic positions that are
available to you for your business plan. Next, determine the types of
opportunities the strategic positions bring to your business both
internally and externally.
4. Determine the key types of risks your business opportunity will
face both internally and externally. Provide strategies to mitigate these
risks.
5. Assess the different sources of funding available for funding
entrepreneurial ventures in terms of the possible value they can bring to
your venture. Next, explain the funding strategy your venture will
undertake.
6. Create a report of operating costs required for your product or
service venture, using the PlanningShop’s Business Plan Financial
package. Note: The PlanningShop’s Business Plan Financial package
can be found in the Student Center of the online course shell.
7. Prepare a break-even analysis in which you explain the report you
created to the venture capital group.
1. Use at least three (3) quality resources in this
assignment.Note: Wikipedia and similar Websites do not qualify as
quality resources.
Your assignment must follow these formatting requirements:
 Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and references must
follow APA or school-specific format. Check with your professor
for any additional instructions.
 Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the
required assignment page length.
The specific course learning outcomes associated with this assignment
are:
 Examine the creativity and business idea process, and the
materialization of domestic and foreign market entry opportunities.
 Analyze the financial planning process for a new venture.
 Analyze the process of protecting the new venture idea and
legitimizing it through a formalized business plan.
 Analyze different sources of capital to determine the appropriate
financing for a business venture.
 Examine the marketing planning process for new ventures.
 Use technology and information resources to research issues in
entrepreneurship and innovation.
 Write clearly and concisely about entrepreneurship and innovation
using proper writing mechanics.
===============================================
BUS 521 Week 9 Assignment 3 Business Plan Part III –
Business Initiative and Technology
For more course tutorials visit
www.tutorialrank.com
Assignment 3: Business Plan Part III – Business Initiative and
Technology
Due Week 9 and worth 160 points
Note: Refer to scenarios and reading assignments from previous weeks
to complete this assignment.
In Part III of your business plan, you will consider how your new
business initiative will affect operations in your company. You will also
evaluate different technologies and introduce the type of technology that
will help you make a more efficient and high quality product or service.
Write a four to five (4-5) page paper in which you:
1. Analyze the options available for producing the product or service.
Next, evaluate which of the available options you can take to streamline
operations.
2. Determine how the product or service will meet consumer needs.
3. Assess at least three (3) types of technologies that will improve the
quality of the product or service. Explain how the technologies will help
enhance capabilities and customer loyalty.
4. Identify at least two (2) technology policies that will apply to the
product or service initiative. Next, analyze three to five (3-5) ways how
those policies that you have identified affect your product or service
initiative.
1. Use at least three (3) quality resources in this
assignment.Note: Wikipedia and similar Websites do not qualify as
quality resources.
Your assignment must follow these formatting requirements:
 Be typed, double spaced, using Times New Roman font (size 12),
with one-inch margins on all sides; citations and references must
follow APA or school-specific format. Check with your professor
for any additional instructions.
 Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the
required assignment page length.
The specific course learning outcomes associated with this assignment
are:
 Analyze the strategies for managing growth, the implications for
growth, and sources for business growth.
 Use technology and information resources to research issues in
entrepreneurship and innovation.
 Write clearly and concisely about entrepreneurship and innovation
using proper writing mechanics.
===============================================

More Related Content

What's hot

What's hot (9)

ACC 557
ACC 557ACC 557
ACC 557
 
Mgt 491 chapter 4 slides
Mgt 491 chapter 4 slidesMgt 491 chapter 4 slides
Mgt 491 chapter 4 slides
 
Individual 3
Individual 3Individual 3
Individual 3
 
2017 Case Interview Workshop III
2017 Case Interview Workshop III2017 Case Interview Workshop III
2017 Case Interview Workshop III
 
Case analysis week 6outline and grading guide (100 points)c
Case analysis week 6outline and grading guide (100 points)cCase analysis week 6outline and grading guide (100 points)c
Case analysis week 6outline and grading guide (100 points)c
 
Business plan copy
Business plan   copyBusiness plan   copy
Business plan copy
 
FIN 375 Education Specialist / snaptutorial.com
FIN 375 Education Specialist / snaptutorial.com  FIN 375 Education Specialist / snaptutorial.com
FIN 375 Education Specialist / snaptutorial.com
 
2017 Case Interview Workshop I
2017 Case Interview Workshop I2017 Case Interview Workshop I
2017 Case Interview Workshop I
 
International strategic management
International strategic management International strategic management
International strategic management
 

Similar to BUS 521 Effective Communication/tutorialrank.com

BUS 521 Technology levels--snaptutorial.com
BUS 521 Technology levels--snaptutorial.comBUS 521 Technology levels--snaptutorial.com
BUS 521 Technology levels--snaptutorial.comsholingarjosh145
 
BUS 521 Success Begins / snaptutorial.com
BUS 521 Success Begins / snaptutorial.comBUS 521 Success Begins / snaptutorial.com
BUS 521 Success Begins / snaptutorial.comRobinson047
 
BUS 521 Massive Success / snaptutorial.com
BUS 521 Massive Success / snaptutorial.comBUS 521 Massive Success / snaptutorial.com
BUS 521 Massive Success / snaptutorial.comsantricksapiens48
 
BUS 505 Focus Dreams/newtonhelp.com
BUS 505 Focus Dreams/newtonhelp.comBUS 505 Focus Dreams/newtonhelp.com
BUS 505 Focus Dreams/newtonhelp.combellflower73
 
Htm 550 Success Begins / snaptutorial.com
Htm 550  Success Begins / snaptutorial.comHtm 550  Success Begins / snaptutorial.com
Htm 550 Success Begins / snaptutorial.comMistryNorrist
 
BUS 505 Imagine Your Future/newtonhelp.com   
BUS 505 Imagine Your Future/newtonhelp.com   BUS 505 Imagine Your Future/newtonhelp.com   
BUS 505 Imagine Your Future/newtonhelp.com   bellflower33
 
BUS 505 Success Begins /newtonhelp.com 
BUS 505 Success Begins /newtonhelp.com BUS 505 Success Begins /newtonhelp.com 
BUS 505 Success Begins /newtonhelp.com myblue124
 
BUS 505 Effective Communication - tutorialrank.com
BUS 505 Effective Communication - tutorialrank.comBUS 505 Effective Communication - tutorialrank.com
BUS 505 Effective Communication - tutorialrank.comBartholomew15
 

Similar to BUS 521 Effective Communication/tutorialrank.com (8)

BUS 521 Technology levels--snaptutorial.com
BUS 521 Technology levels--snaptutorial.comBUS 521 Technology levels--snaptutorial.com
BUS 521 Technology levels--snaptutorial.com
 
BUS 521 Success Begins / snaptutorial.com
BUS 521 Success Begins / snaptutorial.comBUS 521 Success Begins / snaptutorial.com
BUS 521 Success Begins / snaptutorial.com
 
BUS 521 Massive Success / snaptutorial.com
BUS 521 Massive Success / snaptutorial.comBUS 521 Massive Success / snaptutorial.com
BUS 521 Massive Success / snaptutorial.com
 
BUS 505 Focus Dreams/newtonhelp.com
BUS 505 Focus Dreams/newtonhelp.comBUS 505 Focus Dreams/newtonhelp.com
BUS 505 Focus Dreams/newtonhelp.com
 
Htm 550 Success Begins / snaptutorial.com
Htm 550  Success Begins / snaptutorial.comHtm 550  Success Begins / snaptutorial.com
Htm 550 Success Begins / snaptutorial.com
 
BUS 505 Imagine Your Future/newtonhelp.com   
BUS 505 Imagine Your Future/newtonhelp.com   BUS 505 Imagine Your Future/newtonhelp.com   
BUS 505 Imagine Your Future/newtonhelp.com   
 
BUS 505 Success Begins /newtonhelp.com 
BUS 505 Success Begins /newtonhelp.com BUS 505 Success Begins /newtonhelp.com 
BUS 505 Success Begins /newtonhelp.com 
 
BUS 505 Effective Communication - tutorialrank.com
BUS 505 Effective Communication - tutorialrank.comBUS 505 Effective Communication - tutorialrank.com
BUS 505 Effective Communication - tutorialrank.com
 

Recently uploaded

भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,Virag Sontakke
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxEyham Joco
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
internship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerinternship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerunnathinaik
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementmkooblal
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxRaymartEstabillo3
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxOH TEIK BIN
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsanshu789521
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdfssuser54595a
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxsocialsciencegdgrohi
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupJonathanParaisoCruz
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Educationpboyjonauth
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfadityarao40181
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17Celine George
 

Recently uploaded (20)

भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,भारत-रोम व्यापार.pptx, Indo-Roman Trade,
भारत-रोम व्यापार.pptx, Indo-Roman Trade,
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
Types of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptxTypes of Journalistic Writing Grade 8.pptx
Types of Journalistic Writing Grade 8.pptx
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
internship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developerinternship ppt on smartinternz platform as salesforce developer
internship ppt on smartinternz platform as salesforce developer
 
Hierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of managementHierarchy of management that covers different levels of management
Hierarchy of management that covers different levels of management
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
 
Solving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptxSolving Puzzles Benefits Everyone (English).pptx
Solving Puzzles Benefits Everyone (English).pptx
 
Presiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha electionsPresiding Officer Training module 2024 lok sabha elections
Presiding Officer Training module 2024 lok sabha elections
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
18-04-UA_REPORT_MEDIALITERAСY_INDEX-DM_23-1-final-eng.pdf
 
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptxHistory Class XII Ch. 3 Kinship, Caste and Class (1).pptx
History Class XII Ch. 3 Kinship, Caste and Class (1).pptx
 
MARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized GroupMARGINALIZATION (Different learners in Marginalized Group
MARGINALIZATION (Different learners in Marginalized Group
 
Introduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher EducationIntroduction to ArtificiaI Intelligence in Higher Education
Introduction to ArtificiaI Intelligence in Higher Education
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdf
 
How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17How to Configure Email Server in Odoo 17
How to Configure Email Server in Odoo 17
 

BUS 521 Effective Communication/tutorialrank.com

  • 1. BUS 521 Week 3 Assignment 1 Business Plan Part I – Business Vision For more course tutorials visit www.tutorialrank.com Assignment 1: Business Plan Part I – Business Vision Due Week 3 and worth 180 points Note: Refer to scenarios and reading assignments from previous weeks to complete this assignment. Imagine you are hired by a new start-up company. You are tasked to recognize and explore a new business opportunity of creating a new product or service for your company. As part of your new business vision, you will create a business plan describing all keys elements of the business opportunity which will ultimately be presented to an executive team in a venture capital group for possible funding and execution. Part I of the business plan will describe your business vision you plan to undertake in your company.
  • 2. Write a five to six (5-6) page in which you: 1. Compile a business vision about the type of product or service you think your company needs to develop. Next, describe the business values and corporate values that you want to create. 2. Determine the need for the new product or service. Next, provide an overview of the market you intend to enter, and defend why this market is ripe for the introduction of this product or service at this particular time. 3. Determine the type of business model you will use for your new business opportunity. Support your response. 4. Formulate a feasibility analysis, and determine whether the new product or service is feasible. Identify the roadblocks that you will likely face. 5. Evaluate the data from your analysis, considering the source and time period. Justify the future financial condition of your company. 6. Use at least three (3) quality resources in this assignment.Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements:  Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • 3.  Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:  Analyze the entrepreneurial process to determine where a company is in the process and how to implement change successfully.  Examine entrepreneurial intentions and strategies to support entrepreneurship.  Examine the creativity and business idea process, and the materialization of domestic and foreign market entry opportunities.  Analyze the financial planning process for a new venture.  Analyze the process of protecting the new venture idea and legitimizing it through a formalized business plan.  Use technology and information resources to research issues in entrepreneurship and innovation.  Write clearly and concisely about entrepreneurship and innovation using proper writing mechanics. ===============================================
  • 4. BUS 521 Week 7 Assignment 2 Business Plan Part II – Competitive Analysis and Strategic Assessment For more course tutorials visit www.tutorialrank.com Assignment 2: Business Plan Part II – Competitive Analysis and Strategic Assessment Due Week 7 and worth 230 points Note: Refer to scenarios and reading assignments from previous weeks to complete this assignment. In Part I of your business plan, you explored a business opportunity for your company. You identified your business model, formulated your feasibility statement, and evaluated your data. In Part II, you will conduct a competitive analysis and strategic assessment of the proposed venture, balancing the possible risks and opportunities your company will face. In addition, you will provide the financial requirements for the venture capital group to evaluate. Write a seven to eight (7-8) page paper in which you:
  • 5. 1. Conduct a competitive analysis in which you explain the sources of competition, the strengths of your competitors’ companies, and the other factors affecting your ability to compete. 2. Provide at least three (3) strategies and three (3) marketing tactics for attracting first-time customers. 3. Determine three to five (3-5) kinds of strategic positions that are available to you for your business plan. Next, determine the types of opportunities the strategic positions bring to your business both internally and externally. 4. Determine the key types of risks your business opportunity will face both internally and externally. Provide strategies to mitigate these risks. 5. Assess the different sources of funding available for funding entrepreneurial ventures in terms of the possible value they can bring to your venture. Next, explain the funding strategy your venture will undertake. 6. Create a report of operating costs required for your product or service venture, using the PlanningShop’s Business Plan Financial package. Note: The PlanningShop’s Business Plan Financial package can be found in the Student Center of the online course shell. 7. Prepare a break-even analysis in which you explain the report you created to the venture capital group. 1. Use at least three (3) quality resources in this assignment.Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements:
  • 6.  Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.  Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:  Examine the creativity and business idea process, and the materialization of domestic and foreign market entry opportunities.  Analyze the financial planning process for a new venture.  Analyze the process of protecting the new venture idea and legitimizing it through a formalized business plan.  Analyze different sources of capital to determine the appropriate financing for a business venture.  Examine the marketing planning process for new ventures.  Use technology and information resources to research issues in entrepreneurship and innovation.  Write clearly and concisely about entrepreneurship and innovation using proper writing mechanics.
  • 7. =============================================== BUS 521 Week 9 Assignment 3 Business Plan Part III – Business Initiative and Technology For more course tutorials visit www.tutorialrank.com Assignment 3: Business Plan Part III – Business Initiative and Technology Due Week 9 and worth 160 points Note: Refer to scenarios and reading assignments from previous weeks to complete this assignment. In Part III of your business plan, you will consider how your new business initiative will affect operations in your company. You will also evaluate different technologies and introduce the type of technology that will help you make a more efficient and high quality product or service. Write a four to five (4-5) page paper in which you:
  • 8. 1. Analyze the options available for producing the product or service. Next, evaluate which of the available options you can take to streamline operations. 2. Determine how the product or service will meet consumer needs. 3. Assess at least three (3) types of technologies that will improve the quality of the product or service. Explain how the technologies will help enhance capabilities and customer loyalty. 4. Identify at least two (2) technology policies that will apply to the product or service initiative. Next, analyze three to five (3-5) ways how those policies that you have identified affect your product or service initiative. 1. Use at least three (3) quality resources in this assignment.Note: Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements:  Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.  Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
  • 9. The specific course learning outcomes associated with this assignment are:  Analyze the strategies for managing growth, the implications for growth, and sources for business growth.  Use technology and information resources to research issues in entrepreneurship and innovation.  Write clearly and concisely about entrepreneurship and innovation using proper writing mechanics. ===============================================