Homework: Developing a Sustainable Small Business
Now it is time to pull together all the elements that have been presented in the course material throughout the term. Next, go back and review the weekly discussions we had.
Dr. Vic's TIPS:
Read the case study titled "Pre-Launch decisions which influence innovation success" found in Chapter 7 of your textbook.
Dr. Vic: PLEASE NOTE: the case study is NOT IN OUR BOOK, it is actually in the 2ndedition of this textbook, we use the 3rd ed.
So, I have located the case study and attached a pdf to this announcement which includes the case study.
Read the entire 7 pages in order to complete this homework.
Dr. Vic: Also, please read the entirety of Ch. 8 - Building the Case (I know our homework says Ch. 7, BUT please read Ch. 8).
You will then write a 4 to 5 pages paper in which the following items are addressed.
Dr. Vic: Pdf: Pre-Launch decisions which influence innovation success.
You will then write 3 to 5 pages paper in which you use this new knowledge and proven strategies to respond to the five statements below.
1) Discuss the necessity of short-term and long-term forecasting for developing the key elements of the business plan.
2) Evaluate the importance of developing formal and informal networks when building new business opportunities and expanding into new markets.
3) Discuss the importance of knowledge management in the digital age and identify two risk organizations must address to mitigate competitive pressures.
4) Consider the various components of a business plan and identify two components that you believe would be the most challenging for you to complete as an aspiring entrepreneur. Next, discuss what could be done to help you overcome this challenge using technology.
5) Describe how technology could help overcome identified business plan challenges.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
1) Evaluate the components of a business plan related to forecasting, networking, and knowledge management.