Essay Available:
page:
1 pages/≈275 words
Sources:
-1
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:
Chapters 3, 4 & 5. 3D Printing Marker Pen. Business & Marketing
Essay Instructions:
After reading the chapters and reviewing the associated Power Point presentations for Chapter 3: Feasibility Analysis, Chapter 4: Developing an Effective Business Model and Chapter 5: Industry and Competitor Analysis, respond to the following:
1. As an entrepreneur, propose a potential new product* that could solve an existing problem. Briefly justify your choice by showing product feasibility, industry/target market feasibility, and financial feasibility.
2. Explain one of the Business Development models using a product of your choice.
3. For any product, do an analysis using the Competitive Forces model.
* Remember that a product is anything - a good, service, idea, place etc.
Essay Sample Content Preview:
3D Printing Marker Pen
Student Name
Institutional Affiliation
3D Printing Marker Pen
The potential new product proposed in this case is a 3D printing marker pen to use in classrooms in the United States. 3D printing has become common in the classrooms, but it is only done through computer software, with no company producing 3D printing marker pens that teachers can use in classrooms for real-time development of 3D models when teaching such courses as mathematics.
Product Feasibility
The product is feasible because it has not been produced in the market, at least not in the American market. It will find easy integration in American classrooms since modern technology has been adopted by teachers to teach such subjects as mathematics, where they develop models that are physical. Such models make learning more practical.
Target Market Feasibility
The product will target the American market, specifically the education sector. Currently, modern technology has entered the American classroom, and 3D printing is one of the forms of modern technology ...
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