Building a Business: Continuing Team Exercise

Build a team of three to five classmates. You will be working with this team throughout the semester to make decisions about the launch of a new product.

Assignment

Meet with your team members and develop specific responses to the following:

  1. 1-11. Have each team member work individually to identify at least three trends in the external environment that will create business opportunities. Come together as a group and create a master list of trends.

  2. 1-12. Which trend do you think creates the greatest opportunity for success? Why?

  3. 1-13. Identify a product, either a good or a service, that will take advantage of this opportunity. Although you will refine this throughout the semester, write a four- to ...

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