Assignment
Deliverable Length: 1,200-1,500 words
Initiate the business planning process by identifying their product or service
Assignments (Individual or Group Projects) will be due by Monday and late submissions will be assigned a late penalty in accordance with the late penalty policy found in the syllabus.
Complete the following:
• Review the assigned reading for this phase.
• Watch this video.
https://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action
• Provide 3 examples of businesses that do something similar to what you hope to do, and include a response to each of the following questions:
o What is the business' "why" for its venture?
o What is your "why" for your choice of business?
• Clearly articulate what your business will do, including the following:
o Explain your production-distribution chain.
o Identify your suppliers.
o Describe your ideal location, and explain why it is ideal.
Reference
Sinek, S. (2010). How great leaders inspire action [Video]. Retrieved from https://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html