In a recent entrepreneurship class, Steven Milton has been assigned by his professor to conduct a product/service feasibility analysis. He is to propose a product or service that might be useful to students on campus. The analysis should include an assessment of the overall appeal of the product or service being proposed. Steven should include the following questions in his analysis to determine the appeal of his product or service. Does the product/service make sense? Does it solve a problem or fill a gap in the market? Is it suitable to introduce the product/ service right now?
Are there any flaws? As a friend to Steven, help him to propose a suitable product/ service to the intended target market and conduct a product/service feasibility analysis based on his proposal.