Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 8, you learned about business planning. Now, you'll apply what you learned.
1. Describe two trends that you've noticed (either demographic, invention/technology,
lifestyle, or style/
entertainment) and explain how each one might generate a small business
opportunity. (1-6 sentences.
4.0 points) Two trends that have generated small business
opportunities
are technology and globalization. Technology advancements, such as the
development of
the internet and e-commerce, have created opportunities for businesses to
operate online
and reach a global customer base. Additionally, globalization has created
opportunities for
businesses to import and export goods, expanding their markets and
customer reach. I
2. Make a list of at least 5 business ideas that interest you. Then explain which one you
think is the best opportunity
for you. Give at least 3 reasons why this opportunity is better for
you than the others. (
2-6 sentences. 3.0 points)
3. Visit the Web site for a well-known company, and find the section that states its mission.
What is the company's mission?
How does the mission relate to the type of products the
company sells? Did anything
surprise you about the mission? Why or why not? TIP: If the
company's Web site
doesn't describe its mission, choose a different company. (1-5
sentences. 3.0 points)