Market Analysis Research

Wk 3 – Apply: Market Analysis Research

 

Assignment Content

  1. Purpose
    MBA Business Plan component

    Context
    One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market. It includes data collection and estimation in reference to the market size and value; characteristics of the intended customer base; in-depth understanding of the competition; barriers to entry and the regulatory environment. An accurate and detailed market analysis allows entrepreneurs to determine whether the market is sufficiently large to build a sustainable, profitable business. In this assignment, you will prepare a portion of the market analysis for your proposed business. You will create a report that can be included as part of your digital portfolio.

    Instructions
    Write a 525-word report that includes the following sections: