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Describe a business concept in which the company's operations have a beneficial influence on the environment and/or the community (at least a positive impact). Write according to the given questions...
1. What is your business idea?
2. How it can positively impact the environment?
3. How it can benefit others in society?
PS: The business ideas will be used for academic purposes only.
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- 1. List five ways that business research can contribute to effective business decision making. 2. Define business opportunity, business problem, and symptoms. Give an example of each as it applies to a university business school. 3. What are the three types of business researchTechnological improvements along an S-curve tend to be ________, building on prior developments, and taking place within an existing paradigm. Select one: a. Comprehensive b. Incremental c. Extreme d. Radical This role of entrepreneurship in economic development is when entrepreneurs combine the factors of production, and also introduces new ideas and new combination of factors. Select one: a. Promotion of capital formation b. Creating social change c. Creating innovation d. Wealth creation and distributionUsing what you learned about TripAdvisor TripAdvisor Business Model Canvas (innovationtactics.com) TripAdvisor Business Model Canvas (innovationtactics.com) Share with us what you feel is one of the most interesting, compelling pieces of this business? Identify which of the 9 key components this information falls within (for example it could be: how TripAdvisor actually makes money being a "reviews" page or these are Tripadvisor's key competitors and this is one that actually surprised me...). Have you ever used TripAdvisor or posted on TripAdvisor? What was your experience? Pick an international dream vacation spot. Lookup a hotel that has a 4.8 out of 5.0 rating or higher in that destination. Examine a few reviews. Share with us your destination spot and a link to the hotel. Would the reviews of this property make you decide to book there? Why could user-generated content/feedback be seen as a revenue stream?
- Step 1): Make a Business Model Canvas out of your mind about anything . Step 2):Please do not write definitions of a Business Model Canvas. Step 3):Virtual tourism, online diagnosis and treatment, distance education, digital products, choose any ideas of theseMassam works for a company that is having a hard time competing in the market. Massam really wants to stand out within his organization to further his career in marketing. Which strategy should Massam pursue to better understand the external environment around his company? O Massam should study and analyze the competition to understand how his company differs from everyone else so that he can pinpoint the fallout of his company. O b. Massam should study and analyze the technological environment that is used to understand how his company differs from everyone else so that he can pinpoint the fallout of his company. O Massam should study and analyze the consumer to understand how his company differs from everyone else so that he can pinpoint the fallout of his company Od. Massam should study and analyze the social environment that is used to understand how his company differs from everyone else so that he can pinpoint the fallout of his companyThe way in which we look for information has been dramatically altered by internet research, how we get around was forever changed by the airplane and the automobile, and life expectancy has been greatly lengthened by medical diagnostics and treatments Select one: a. Technological innovation has a profound effect on the creation of wealth for individual entrepreneurs and corporate shareholders. b. Technological innovation has a major impact on our lives. c. Technological innovation is an important source of value creation. d. Technological innovation has tremendous economic impact. . Creativity generally declines in stages, beginning when a person starts school. Select one: True False
- 1. Outline the difference between a business idea and a business opportunity? Why is this distinction important? 2. Define business concept statement, in your own words. Outline its main elements.Find a small company that does something in your group’s realm of interest or passion (Technology, AI, etc) You will need to conduct research on this company, such as what they do, why they do it and how they do it. You should also include any statistics you found out about the company. Include the link to the small companies website Make a more detailed analysis The report should be an executive summary and really focus on identifying the problem(s) they are solving, their target audience and the solution(s) they have. The problem they solve should be tied to a United Nations Sustainable Development Goal. Create a 1-page report and prepare a 3-minute presentation. Both submissions will be done in groups. Criteria for the company: Needs to be a company in the GTHA. You will need to visit them a few times. Needs to have less than 30 employees. Needs to have over 30 customers. The company needs to have an active revenue stream. The company cannot belong to any friends or…Discuss the issue of lacking innovative ideas in the corporate sector, provide strong support and few opposing arguments for the same, and depict a few situations in real life. Content matters.
- 1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: a. How do you communicate these business ideas creatively and innovatively to potential investors. Use the core…1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: How do you increase the interaction and interest of your audience during your time communicate the business idea?A major reason for developing a business mission statement is to attract customers who give meaning to an organization. True or false?