Propose a business that you find interesting

Propose a business that you find interesting

Describe the internal situation in 100 words, including
-A brief summary of the company structure and its overall capabilities and resources
-Current products/ product line
-Current market/s, including customer behaviour issues, demand and trends, plus sales information (if available)
-Distribution and Supply

Describe the external situation in 100 words, including
-Competitive environment- a global perspective but stay on the product offering
-Industry situation in particular global markets
-Consider the economic, technological, political, socio-cultural and natural imperatives

Propose some market opportunities (e.g., countries, regions, or segments) that you believe might be worth pursuing at this moment, and provide rationales. Note that you could narrow down to one market opportunity after conducting SWOT analysis.

Design a market research to help you to assess the size of the proposed market (s) (see exhibit 6-2 on p.194 for an example)
(1)    Define a research problem:

(2)    Propose a research hypothesis (optional):

(3)    Determine what information you need

(4)    What secondary data helps to answer the question and where to find them?

(5)    What primary data can be collected to help to answer the research problem?

A.    Your Sampling Target:

B.    Your Sampling Procedure:

C.    List at least 3 questions that you want to ask in the market research.

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