Using the Rational Decision Making process 3 first stages (Chapter 7) identify the business you will propose to the Jones family. In your answer you should clear present the following items:
a. Stage 1: This XXXX is the problem and or opportunity we identified.
b. Stage 2: These XXX are the alternatives we come up with.
c. Stage 3: These XXX are the strengths and weaknesses of each alternative.
d. Stage 4: This XXXX is the business idea we will implement. Clearly and effectively articulate “what” your new business is (i.e. “our proposal is to plant an apple orchard that sells apples exclusively to schoolchildren to give to their teachers on the first day of class”). Answer the following questions:
What does the new business will offer/do? What is/are your product/s or service/s? Describe its main characteristics.
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