Homework
Textbook: Neck, H. M., Neck, C. P., & Murray, E. L. (2021). Entrepreneurship: The practice and mindset (2nd ed). Pages 123 and 124.
Once you have read and reviewed the case scenario, respond to the following questions with thorough explanations and a well-supported rationale. Please apply feedback from previous units to this homework.
o In this case, the founders used a subscription business model for their company. Apply design thinking to identify a different business model for NatureBox other than subscription-based. Identify at least two benefits your chosen business model has over their subscription-based business model.
o Apply your creativity skills to identify an innovative approach for the business model you chose. Use this same methodology to identify an innovative revenue model for NatureBox, based on your chosen business model. Apply design thinking to your revenue model.
o Discuss the value in developing networks and how a network could aid NatureBox.
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.