Homework: Developing a Sustainable Small Business
You will then write 4 to 5 pages paper in which you use this new knowledge and proven strategies to respond to the five statements below.
o Discuss the necessity of short-term and long-term forecasting for developing the key elements of the business plan.
o Evaluate the importance of developing formal and informal networks when building new business opportunities and expanding into new markets.
o Discuss the importance of knowledge management in the digital age and identify two risks organizations must address to mitigate competitive pressures.
o Consider the various components of a business plan and identify two components that you believe would be the most challenging for you as an aspiring entrepreneur.
o Describe how technology could help overcome identified business plan challenges.
o Evaluate the components of a business plan related to forecasting, networking, and knowledge management.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.
Attachment:- Case-Study.rar