Business

 Week one is uploaded.

Part II Requirements

1.  Stakeholder Analysis

a.  Actual personal experience, education and training in the area/ industry of proposed business for all key stakeholders

2.  Industry Analysis

a.  A brief overview and long-term outlook for growth

b.  Review industry size, trends, and target market segment.

c.  Identify who leads the industry in terms of:

 i.  Price

 ii.  Quality

 iii.  Market share

3.  Competitive Analysis

a.  Discuss the strengths and weaknesses of each primary competitor.

b.  Consider sales, quality, distribution, price, production capabilities, reputation, and products/services.

c.  Outline how your product or service measures in the area of pricing and identify your competitive advantage.

d.  Prepare a first-year and 3-year sales forecast in dollars and units.

e.  Briefly outline your sales and advertising plans.

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