Discussion Thread:Crafting Business Ideas.
The student will post one thread of at least 300-450 words. For each thread, students must fully answer the questions or requirements stated for the discussion and support their assertions with at least two scholarly citations in APA format. Any sources cited must have been published within the last five years.
Supporting your post with the course text and two outside resources, create a new thread with your name in the subject and provide thoughtful and original discussion on the following Research Questions (RQs).
RQ1 – Other than a lower price for the same product and service offering, list and explain one other way an entrepreneur can add value to an existing market – a value strategy.
RQ2 – Explain how this type of value proposition benefits customers and why they may pay more for the added value. Identify one example or case study where a business successfully exercises this value strategy.
RQ3 – How can integrating your faith into an entrepreneurial startup help or hinder the value proposition? Utilize a Bible passage or example to support your position.