2024 – In Part III of your business plan you will consider how your new business initiative will affect
Assignment 3: Business Plan Part III – Business Initiative And Technology – 2024
In Part III of your business plan, you will consider how your new business initiative will affect operations in your company. You will also evaluate different technologies and introduce the type of technology that will help you make a more efficient and high quality product or service.
Write a four to five (4-5) page paper in which you:
- Analyze the options available for producing the product or service. Next, evaluate which of the available options you can take to streamline operations.
- Determine how the product or service will meet consumer needs.
- Assess at least three (3) types of technologies that will improve the quality of the product or service. Explain how the technologies will help enhance capabilities and customer loyalty.
- Identify at least two (2) technology policies that will apply to the product or service initiative. Next, analyze three to five (3-5) ways how those policies that you have identified affect your product or service initiative.
- Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.
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Points: 160 |
Assignment 3: Business Plan Part III – Business Initiative and Technology |
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Criteria |
Unacceptable Below 70% F |
Fair 70-79% C |
Proficient 80-89% B |
Exemplary 90-100% A |
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1. Analyze the options available for producing the product or service. Next, evaluate which of the available options you can take to streamline operations. Weight: 25% |
Did not submit or incompletely analyzed the options available for producing the product or service. Did not submit or incompletely evaluated which of the available options you can take to streamline operations. |
Partially analyzed the options available for producing the product or service. Partially evaluated which of the available options you can take to streamline operations. |
Satisfactorily analyzed the options available for producing the product or service. Satisfactorily evaluated which of the available options you can take to streamline operations. |
Thoroughly analyzed the options available for producing the product or service. Thoroughly evaluated which of the available options you can take to streamline operations. |
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2. Determine how the product or service will meet consumer needs. |
Did not submit or incompletely determined how the product or service will meet consumer needs. |
Partially determined how the product or service will meet consumer needs. |
Satisfactorily determined how the product or service will meet consumer needs. |
Thoroughlydetermined how the product or service will meet consumer needs. |
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3. Assess at least three (3) types of technologies that will improve the quality of the product or service. Explain how the technologies will help enhance capabilities and customer loyalty. Weight: 25% |
Did not submit or incompletely assessed at least three (3) types of technologies that will improve the quality of the product or service. Did not submit or incompletely explained how the technologies will help enhance capabilities and customer loyalty. |
Partially assessed at least three (3) types of technologies that will improve the quality of the product or service. Partially explained how the technologies will help enhance capabilities and customer loyalty. |
Satisfactorilyassessed at least three (3) types of technologies that will improve the quality of the product or service. Satisfactorilyexplained how the technologies will help enhance capabilities and customer loyalty. |
Thoroughlyassessed at least three (3) types of technologies that will improve the quality of the product or service. Thoroughlyexplained how the technologies will help enhance capabilities and customer loyalty. |
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4. Identify at least two (2) technology policies that will apply to the product or service initiative. Next, analyze three to five (3-5) ways how those policies that you have identified affect your product or service initiative. Weight: 20% |
Did not submit or incompletely identified at least two (2) technology policies that will apply to the product or service initiative. Did not submit or incompletely analyzed three to five (3-5) ways how those policies that you have identified affect your product or service initiative. |
Partially identified at least two (2) technology policies that will apply to the product or service initiative. Partially analyzed three to five (3-5) ways how those policies that you have identified affect your product or service initiative. |
Satisfactorily identified at least two (2) technology policies that will apply to the product or service initiative. Satisfactorily analyzed three to five (3-5) ways how those policies that you have identified affect your product or service initiative. |
Thoroughly identified at least two (2) technology policies that will apply to the product or service initiative. Thoroughly analyzed three to five (3-5) ways how those policies that you have identified affect your product or service initiative. |
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5. 3 references Weight: 5% |
No references provided. |
Does not meet the required number of references; some or all references poor quality choices. |
Meets number of required references; all references high quality choices. |
Exceeds number of required references; all references high quality choices. |
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6. Clarity, writing mechanics, and formatting requirements Weight: 10% |
More than 6 errors present |
5-6 errors present |
3-4 errors present |
0-2 errors present |
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