DAT 565 University of Phoenix Week 3 Market Analysis Research Paper

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Market Analysis Research

Assignment Content


  1. Purpose

    MBA Business Plan component

    Context

    One of the most important elements in a business plan is the market analysis. A market analysis is a qualitative and quantitative assessment of a market. It includes data collection and estimation in reference to the market size and value, characteristics of the intended customer base, in-depth evaluation of the competition, barriers to entry, and the regulatory environment. An accurate and detailed market analysis allows entrepreneurs to determine whether the market is sufficiently large to build a sustainable, profitable business. In this assignment, you will complete a market analysis for your proposed organization and create a report that can be included within a business plan.

    Instructions

    Write a 525-word report that includes the following sections:

    • Section 1: Business overview, mission, and vision
    • Section 2: A Market analysis that includes the following components:
    • Market overview/needs analysis
    • Target market
    • Competitive analysis
    • Value proposition
    • Section 3: Recommendation

    Use the Market Analysis Research document for details on what to include in each section.

  2. Cite at least 3 references to support your assignment.
  3. Format your citations according to APA guidelines.
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