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Ashford 3: – Week 2 – Discussion 1

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. 

Share your business idea with your classmates and identify its value proposition. Respond to two of your classmates’ postings; in your responses, identify what you believe may add to or improve the value propositions of their ideas.

Ashford 3: – Week 2 – Discussion 2

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. 

Read the Forbes article, “10 Companies Revolutionizing Entrepreneurship.” Assume you are an entrepreneur and want to enter the same market as one of the ten companies discussed in the article. This company will be your direct competition. Discuss at least two strengths and two weaknesses of the chosen company. As a newcomer to the market, how will you compete against the strengths? What strategy might you employ to use the company’s weaknesses to your advantage? Respond to at least two of your classmates’ posts.

Ashford 3: – Week 2 – Assignment

Venture Screening

A business idea may sound great in theory; however, it may not be easy to implement or be successfully received by the market. Develop a three- to four-page paper, not including the title and reference pages, that includes a venture screening inventory and an evaluation of your business idea. First, design and list a venture screening inventory. Explain the key components of the inventory. Give examples of at least three questions that need to be asked and address prospective loopholes. Second, utilizing the inventory that you created, explore your business idea by explaining how it meets the minimum criteria of providing a value proposition to customers. Explain how your idea fits with your skill bank and lifestyle requirements. Assess whether it appears financially sound and compare potential rewards versus risks. Explain your mitigating strategy if it does not.

Your paper must include a cover page that includes the following:

• Student’s name
• Course name and number
• Title of paper
• Instructor’s name
• Date submitted 

Use a minimum of two sources to support your key points. Your paper should be formatted in APA style as outlined in the Ashford Writing Center.

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