Business Plan Part III – Business Initiative and Technology

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:

1. Analyze the options available for producing the product or service. Next, evaluate which of the available options you can take to streamline operations.
2. Determine how the product or service will meet consumer needs.
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.
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.
5. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.