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MGT 418 Week 2 Learning Team Assignment: Evaluating Trends and Opportunities (2 Papers)
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MGT 418 Week 2 Learning Team Assignment: Evaluating Trends and Opportunities (2 Papers)

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  • MGT 418 Week 2 Individual Assignment Evaluating Trends and Opportunities.doc
  • MGT 418 Week 2 Learning Team Assignment Evaluating Trends and Opportunities.docx

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Learning Team Assignment: Evaluating Trends and Opportunities

Imagine you are going into business in an industry of your choice. Assume that your business is located in the city or state where you live.

· As a team, identify at least three different sources of information you might use to learn more about the industry. Research these sources and write a 1,050- to 1,400-word paper in which you complete the following:

o Identify and evaluate the environmental, demographic, psychographic, and local geographic trends in your area that relate to the industry.

o Identify a business opportunity, based on your research, in your chosen industry that could be implemented in your area.

o Explain the risks and rewards associated with your business opportunity.

o Explain if your business opportunity is feasible.

· Integrate research findings from three to five academic references supporting your document. Format your document according to APA style and post in the team forum.

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