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MGT401 Week 5 Apply: Business Action Plan

by adminin on September 17, 2020
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Week1, HCS529 Week5, HCS529 Week4, HCS529 Week3, HCS529 Week2, HCS529 Week1, HCS535 Week6, HCS535 Week5, HCS535 Week4, HCS535 Week3, HCS535 Week2, HCS535 Week1, HCS552 Week6, HCS552 Week5, HCS552 Week4, HCS552 Week3, HCS552 Week2, HCS552 Week1, PSY340 Week 2, PSY340 Week5, PSY340 Week4, PSY340 Week3, PSY340 Week2, PSY340 Week1, PSY335 Week 2, PSY335 Week5, PSY335 Week4, PSY335 Week3, PSY335 Week2, PSY335 Week1, ETH120 Week5, ETH120 Week4, ETH120 Week 4, ETH120 Week2, ETH120 Week1, DOC705R Day 2, DOC705R Day5, DOC705R Day4, DOC705R Day3, DOC705R Day2, DOC705R Day1, MGT314 Week5, MGT314 Week4, MGT314 Week 4, MGT314 Week2, MGT314 Week1, SOC333 Week 1, SOC333 Week5, SOC333 Week4, SOC333 Week3, SOC333 Week2, SOC333 Week1, PSY310 Week 5, PSY310 Week5, PSY310 Week4, PSY310 Week3, PSY310 Week2, PSY310 Week1, PSY305 Week5, PSY305 Week4, PSY305 Week3, PSY305 Week2, PSY305 Week1, COMM102 Week5, COMM102 Week4, COMM102 Week3, COMM102 Week2, COMM102 Week1, PSY245 Week 4, PSY245 Week 3, PSY245 Week5, 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MGT448 Week3, MGT448 Week2, MGT448 Week1, ISCOM305 Week 4, ISCOM305 Week 3,ISCOM305 Week 2, ISCOM305 Week5, ISCOM305 Week4, ISCOM305 Week3, ISCOM305 Week2, ISCOM305 Week1, PSY280 Week4, PSY280 Week3, PSY280 Week2, PSY280 Week1, PSY280 Week5, PSY280 Week5, PSY225 Week 5, PSY225 Week 4, PSY225 Week5, PSY225 Week4, PSY225 Week3, PSY225 Week2

MGT401 Week 5: This morning you received an email from a new potential investor, requesting a preliminary meeting for later this week. This is your chance! You decide the best course of action is to begin compiling all of your previous research in writing. For this assignment, you will develop an action plan for your business idea.

Reflect on your Week 1 Apply assignment, Business Plan Outline. This is your “big” idea that could make you the next Bill Gates. Your idea sounds good and looks great on paper. Now it’s time to determine if this idea is feasible. Remember, it’s better to identify challenges early than to put time and effort into a business that is destined to fail. Regardless of the outcome, you will now have the knowledge and skills to begin a business plan and determine if the idea will work.

Review Sections 4.2, 4.3, 4.4, 4.6, and 4.7 of Ch. 4.

Develop a 1,050- to 1,400-word business action plan.

Identify your business idea and your product or service. Include details about your product or service and the customer experience that you want to provide for your customers.

Choose your industry. Briefly, identify market size and trends, strengths and weaknesses of competitors, and your customers and their needs.

Identify your perceived competitive advantages, including any unique benefits, and any limitations of your product or service.

Identify funding needs. Determine why funding is needed and which sources of funding to consider. Consider self-funding, borrowing, equity, venture capital, etc.

Determine the feasibility of your business idea. Identify if you need more information to determine feasibility and what additional resources and support you need, such as help from attorneys, accountants, and other business advisers.

Develop a timeline for your business and business planning. Include major tasks or milestones that must be accomplished. Assume that you determined your business idea is feasible for the purposes of this step in the assignment.

Cite any sources using APA format.

 

This assignment contains a Microsoft Word document.

Click HERE for more MGT401 weeks.

If you would like to order an original assignment, please contact admin@uop-assignments.com. Thank you.

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