Homework: Business Model Canvas
The purpose of this homework is to create a business model canvas, highlighting how human-centered design and technological advances can be used to solve real-world business problems. This individual homework is based on the decision to move forward with a viable hypothesis from the Topic 2 (Gunshot detectors, for instance, uses digital microphones that are installed on or in buildings or along the streets which helps in listening for evidence of gunshots. During this time of mass shootings). Expand upon the hypothesis to create an improved hypothesis, based upon at least five sources. Build out each portion in the lean business model canvas. Be sure to include your time and potential expenses within Key Partners, Key Activities, and Key Resources. Based on your individual hypothesis and developed persona that was pitched, develop a summary of your canvas model for submission and feedback.
Within your 500 word summary of the business model canvas, include research from at least five sources. For this homework, you will only create your draft Word document, which will contain a summary of your business model canvas. Within the summary, include your ideas for key partners, key activities, key resources, value propositions, customer relationships, customer segments, channels, cost structure, and revenue streams.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) 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.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.