3045IBA : Building the New Venture Assessment New Venture Concept Statement - Management Assignment Help

Assignment Task:

Task:

Assessment Description

A New Venture Concept Statement is an overview of a new product or service proposal. As an individual, you are expected to come up with a business idea. You will develop a 1000- word concept statement outlining the proposal of your product or service business idea by considering the market demand for your product/service offering. The business concept statement should include the following information:

1. A description of the product or service being offered. In your description you should describe the benefits of the product or service.

2. The intended target market(s)

3. A description of how the product will be positioned relative to similar ones in the market 4. Information about the founder(s) of the firm

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