The essay must to be at least three paragraphs in length. You will be graded on the completeness of your answer, how you relate and apply the concepts to real-world examples, and your writing skills. Use a word processing program to check spelling and grammar, and then copy and paste your answer into the submit box.
You are required to cite all sources used in writing your essay with APA citation formatting. At a minimum you must use your textbook as a source of information; however, you may include other sources. Review the Grading Matrix for more information on how essays are graded and the tutorials on how to cite sources correctly.
Complete the Lesson 3 Essay by answering the following:
Pick a type of business you would start if you had an unlimited amount of funds. What type of information system would you use to achieve your strategy? What business processes would you use to keep the business going? How would you use Porter's five forces model and the four competitive strategies based on Porter's five forces model within your business?