MGT 401 Wk 2 – Apply: Feasibility Presentation

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MGT 401 Wk 2 – Apply: Feasibility Presentation
MGT 401 Wk 2 – Apply: Feasibility Presentation
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MGT 401 Wk 2 – Apply: Feasibility Presentation

Review the Ch. 4 sections 4.1, “Identify Strategies for Innovation in Your Business” and 4.5, “Identify How to Screen Ideas for Business Potential” in McGraw-Hill Connect.

 

This week, you will analyze the steps needed to identify innovative business opportunities and learn how to determine the feasibility of a business idea.

 

Now that you have completed your Business Plan Outline, imagine that you now have the opportunity to present your idea to a group of potential investors.

 

Prepare a 10- to 12-slide presentation with detailed speaker notes and visuals.

 

Describe 3 innovative strategies small business owners can use to approach their business.

 

Select 1 of the 3 strategies.

 

Analyze the steps you will take to identify your business opportunity and the feasibility of the opportunity. Ensure you:

  • Analyze your business opportunity.
  • List any potential pitfalls that you might encounter.
  • Conclude how you can mitigate the risk to avoid potential pitfalls.
  • Examine how your idea is feasible.

 

Note: Include a reference page in your presentation.

 

Format your references according to APA guidelines.