The Opportunity Analysis Canvas Project

The Opportunity Analysis Canvas Project
FOR THE WRITING CHOOSEAUTONOMOUS VEHICLES FOR THE IDEA 
In the , youwill individually integrate and apply your knowledge to develop a newOpportunity Analysis Canvas for yourself by responding to the providedquestions. Focus on an opportunity for which you can develop and launch aproduct within the next 12 months. Your solution should leverage your skillsand relationships, and require initial funding of no more than $25,000 to bringthe product to market.
      Be sure that if you are proposing a hardware or softwaresolution requiring technical expertise, that you presently have this expertiseor have a feasible plan for development based on the principles discussed inthe course and the $25,000 funding limit for this assignment.
We suggest that you copythese questions and author your responses in a Google Doc or Word-compatibledocument before submitting them into the Canvas fields for submission by thedue date. Be sure to save this document and not edit it after the due date incase a backup copy is needed to evidence your on-time completion. This willalso provide you with a copy of your ideas and plans that will live beyond youraccess to this course.
 For questions 1 through 10, please respond in 180 to 220 wordsper question. Be sure to stay within the word count limit for each response.Responses that exceed this word count will be graded as a 0. This approachaligns with how competitions, grants, awards, etc. are evaluated for startupcompanies as applications that do not meet the word or page limit requirementsare typically not accepted for evaluation. 
1. Based on yourevaluations on entrepreneurial mindset, summarize your level of need forachievement, individualism, control, focus, and optimism. What strategies andtactics could enhance these in the next 6 months? 
2. Based on yourevaluations on entrepreneurial motivations, summarize your level ofself-efficacy, cognitive motivation, and tolerance for ambiguity. Whatstrategies and tactics could enhance these in the next 6 months? 
3. Based on yourevaluations on entrepreneurial behaviors, summarize your confidence, risktolerance, interpersonal relationship skills, and social capital. Whatstrategies and tactics could enhance these in the next 6 months? 
4. Describe an innovativebusiness idea that you have that is the basis for the rest of these OpportunityAnalysis Canvas questions.
Forquestions 5 through 10, be sure to include the  foreach response that aligns with your references to support your analysis forthis question.
      There should be at least 10 unique referencesources (i.e. 10 different articles, reports, etc.). While you may repeat acitation (i.e. reference one report multiple times), referencing one reportmultiple times counts as one citation.
      As these references should be specific to theindustry, competitors, market, etc. for your new venture, do not include thetextbook, articles, lectures, or lecture slides from the course as references.
      In-text citations do count as part of the wordlimit.
      Additionally, in your response to question 11at the end of this assignment, list the full reference in .
5. For your businessidea, what are the knowledge and demand conditions related to this idea. 
6. For your businessidea, what is the life cycle stage of your industry, and the existing industrystructure.
7. Foryour business idea, what are the demographic, psychographic, technical, andsocietal changes as well as the political and regulatory forces in yourindustry.
8. For your businessidea, what factors you can your team eliminate, reduce, raise, and create.Describe why the factors that you selected for the value curve are important tocustomers.
9. For your new businessidea, discuss how the learning curve influences your success, the complementaryassets that are critical to develop for your venture, and the reputation ofyour competitors. 
10. For your new businessidea, summarize why the problem is real, how your team’s solution creates valuefor stakeholders, the types of advantage that you all possess, and your abilityto build the right team. 
11.List the references used for this analysis in .
 
Be sure to staywithin the word count limit of 220 words for responses 1 to 10. Responses thatexceed this word count will be graded as a 0. The word count does not includethe question or the reference. The word count does include in-text citations.There is no word count limit for the references page in response 11. Thisapproach aligns with how competitions, grants, awards, etc. are evaluated forstartup companies as applications that do not meet the word or page limit requirementsare typically not accepted for evaluation. 

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