MGT401 Week 2: Review the Ch. 4 sections 4.1, “Identify Strategies for Innovation in Your Business” and 4.5, “Identify How to Screen Ideas for Business Potential” in McGraw-Hill Connect.
This week, you will analyze the steps needed to identify innovative business opportunities and learn how to determine the feasibility of a business idea.
Now that you have completed your Business Plan Outline, imagine that you now have the opportunity to present your idea to a group of potential investors.
Prepare a 10- to 12-slide presentation with detailed speaker notes and visuals.
Describe 3 innovative strategies small business owners can use to approach their business.
Select 1 of the 3 strategies.
Analyze the steps you will take to identify your business opportunity and the feasibility of the opportunity. Ensure you:
- Analyze your business opportunity.
- List any potential pitfalls that you might encounter.
- Conclude how you can mitigate the risk to avoid potential pitfalls.
- Examine how your idea is feasible.
Note: Include a reference page in your presentation.
Format your references according to APA guidelines.
This assignment contains a Microsoft PowerPoint document.
Click HERE for more MGT401 weeks.
If you would like to order an original assignment, please contact info@prowriting.co or text (617) 299-6181. Kindly visit our original assignment website www.prowriting.co