Planning and Development of an Identified Business Opportunity

Assignment Task

ASSESSMENT TASK 1: DESCRIPTION 

business research report that outlines the data and/or information sources that could be used to inform the planning and development of an identified business opportunity/challenge in an organisation of your choice. Use the research findings from your formative assessment (assessment 0) and build on your responses by completing the tasks below: 

Include the following: 

1. Refine your business question from assessment 0 by considering the feedback you have received from your facilitator and peers. Now formulate two additional business questions that would enable your organisation to address the original challenge or opportunity you identified. What does your organisation need to know or ream to approach the challenge or opportunity effectively? 

2. Identify and analyse one or more internal data sets, and one or more external data sets that can help answer these business questions. Detail the following: a. What are the data and information sources? 

b. Why are they useful for answering your business questions? c. How can be access these data and information sources? (Are they paid or free, would you require departmental authority, etc.?) d. How credible are these data and information sources? 

Ideally, you will be able to find suitable internal and external data sources for your organisation, which of your three business questions could be answered by which of your identified data sources? For the mind-mapping process use a tool of your choice, e.g., PowerPoint, paper-based. Include a screenshot of your mind-map in your submission document.

 

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