Overview
Chapter 3 Discussion Group (counts for participation)[Image unavailable: Alternative formats]
Post your comments on the chapter here.
Take time to read the comments of other students and reply to it if you have a valuable input.
these two are examples but u can also respond to them. Dylan Materni
Sep 1 4:44pmChapter 3 showed me that having a good business idea does not entirely mean that it was be successful. It is important to see if people actually want the product or service before spending resources on it. There are several factors to consider other than "Is this a good product?" and through exploration it will open new opportunities. Overall, the feasibility analysis can help entrepreneurs decide if an idea is worth pursuing
and
Chistopher Saylors
Sep 1 4:17pm
Chapter 3 dives into how to determine if a business is going to be successful or fail. It also explains to us the research methods used to gauge business decisions such as surveys and interviews. In addition it teaches us how important it is to gauge start up cost money and get an idea for a budget together. Overall I believe this chapter teaches us a lot about how to analyze and find opportunities for us to create our own businesses.
Using those two as a idea of what chapter 3 was about write my own discussion and respond to these two
same thing chapter 4
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Post your comments on the chapter here.
Take time to read the comments of other students and reply to it if you have a valuable input.
Kaci Clark:
This chapter explained the main parts of a business model, including core strategy, resources, financials, and operations. I learned how businesses use these areas to identify their target market, create value, manage resources, and successfully deliver their products or services to customers.
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Richie Anderson:
In Chapter Four, we go over the idea of a business model and how it's a firms plan for how it will create, deliver, and capture value its stakeholders. There are a few different ways to formulate an effective business model, but the best time to create one is after a positive feasibility analysis. The type of business model you create will determine how successful your business will be in the future, so it's extremely important to choose a model and tweak it enough so that it's the best possible fit for your product/service write my own response and respond to these two