Complete the following: Conduct preliminary market research for your venture,

Complete the following: 

  • Conduct preliminary market research for your venture, and write a paper of 1,000-1,500 words that responds to the following questions: 
    • What is the scale of the industry (in units and dollars)? 
    • What is the scope (geographical range) of the market? Is it local, regional, national, international, or global? 
    • Is it a niche industry, or does it reach a mass market? 
    • How profitable are the players in the industry? 
    • What trends are occurring in the industry? 
    • What competition is in the marketplace, and what are they doing? 
  • Include visual aids where they are appropriate.

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