solved Week 6 Assignment – Feasibility AnalysisIntroduction”A feasibility analysis is a

Week 6 Assignment – Feasibility AnalysisIntroduction”A feasibility analysis is a chance to open your eyes, ask yourself some very tough questions, then check to see whether your idea, as originally conceived, needs to be modified, refocused, or changed dramatically. (Or perhaps even scrapped altogether.)” (Abrams, as cited in Scarborough & Cornwall, 2015, p. 237).OverviewWith this assignment, you will be addressing the fundamental question: Does this business have profit potential?InstructionsReferring to the same business you started or purchased in the first assignment, write a 3–4 page paper in which you:Conduct a feasibility analysis in which you research:Industry and market feasibility.Product or service feasibility.Financial feasibility.Entrepreneurial readiness.Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned? (Note: If you abandon the business idea, then you will need to select and analyze a new business that has profit potential.)Include at least two references that don’t include the textbook.This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.The specific course learning outcome associated with this assignment is:Analyze a business plan to determine feasibility Week 8 Assignment – Promotion and Pricing StrategiesIntroduction “Entrepreneurs must determine what to sell, to whom and how often, on what terms and at what price, and how to get the product or service to the customer. In short, a marketing plan identifies a company’s target customers and describes how it will attract and keep them. The process does not have to be complex.” (Scarborough & Cornwall, 2015, p. 274).OverviewWith this assignment, you will address some of the basic areas within a marketing plan and help to refine your strategies for creating a successful business.Instructions Using the business from the assignment, Feasibility Analysis, write a 3–4 page paper in which you:Identify its primary target market.Specify three methods you will use to research customer needs and wants.Describe the marketing mix: a) product, b) pricing strategy, c) promotion, and d) placement or distribution.Create a one-year advertising budget and plan that incorporates the use of various advertising media and publicity.Include at least two references outside the textbook.This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.The specific course learning outcome associated with this assignment is:Create a marketing plan to help a business effectively promote its products and services. Week 10 Assignment – Supply Chain Management and Financial PlanIntroduction”One of the most important steps in launching a new business venture is fashioning a well-designed, practical, realistic financial plan.” (Scarborough & Cornwall, 2015, p. 454).OverviewWith this assignment, you are creating two important elements of a financial plan: an Income Statement and Balance Sheet. You also are preparing an outline of a presentation of your business plan to potential investors or lenders.InstructionsUsing the same company from your previous assignments, write a 3–4 page paper in which you:Prepare a simple pro forma (projected) income statement and balance sheet for the first two years of operation, using income projections and incorporating an advertising plan.Outline a plan for hiring and retaining competent, motivated employees for your business.Prepare an outline for a “pitch,” i.e., a short 20–30 minute business plan presentation that will be made to lenders or investors.Include at least two references outside the textbook. This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.The specific course learning outcome associated with this assignment is:Organize information to develop a clear and persuasive business plan for a specified audience.