01 Jul Need by Sunday @ 8:30pm EST Identifying Lucrative Business Trends
******PLEASE READ INSTRUCTION*******Objective: Identify and assess lucrative business trends and why they are important.Overview of Assignment:For businesses to remain viable, sustainable, and profitable, entrepreneurs need to keep track of changes and trends in their market, particularly social trends. Social trends are behaviors and attitudes of the consumer, including family, community, health, finance, work, leisure, etc that will help entrepreneurs modify or change their company’s business model to be able to survive in a changing and competitive marketplace.We encourage students to explore beyond the list above and browse through other current trends provided on www.trendhunter.com to complete this assignment. Visit www.trendhunter.com for other business trends. Based on the trends presented in either your book or trendhunter.com answer the following questions: Choose a trend and explain in detail why this is an important trend to monitor. Think about how it will impact the industry or the economy. Give examples of one or two businesses that are already monetizing on this trend. How are they doing that? How lucrative has it been for them? If you owned your own business, how would you monetize this trend to either change or alter your business model or add additional revenue streams to your business? Answer the above questions in a word document. Create a 4-5 minute narrated self-running presentation with plenty of visuals, facts, figures, and quotes gathered from your research. Use your discretion when organizing and deciding how many slides are going to be presented to satisfy the time allotment. Presentations that are under 4 minutes or exceed 5 minutes will result in a ten-point deduction. Requirements A 4-5 minute keynote presentation with voiceover narration. A word document (worth 10 points) with a minimum of four pages including the title page and reference page. Use APA format; copying and pasting links to your reference page is not considered APA format. Please revise APA format guidelines. Font Size 12 – Double Spaced. Please use an easy to read font (Arial, Times New Roman, Cambria). Items to submit: One Word Document (worth 10 points) and one 4-5 minute presentation
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