Crafting Business Ideas
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Please Answer in Essay form and Don’t restate Questions.
RQ1 – Other than a lower price for the same product and service offering, list and explain one other way an entrepreneur can add value to an existing market – a value strategy.
RQ2 – Explain how this type of value proposition benefits customers and why they may pay more for the added value. Identify one example or case study where a business successfully exercises this value strategy.
RQ3 – How can integrating your faith into an entrepreneurial startup help or hinder the value proposition? Utilize a Bible passage or example to support your position.
Replies should add further support to the listed value or identify and explain a related value or additional benefit to the customer.
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