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Business & Finance · Studypool

Business Question

Overview

Name of Company and the product/service you are providing. - Create a backdrop to your company

What "problem" is your company going to provide a solution? Remember your business must provide a solution to a perceive problem.

Example:

Perceive Problem: People like to take their personal music with them when they are away from home.

Sony's solution: The Walkman (1979)

Apple's solution: The Ipod. (2001)

While Sony answers the problem in 1979, Apple offered a better solution in 2001. Keep this in mind that your business can provided a better solution than one currently being