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Assignment Prompt & Instructions

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The purpose of Topic 5 and Topic 6 is to create a business model canvas, highlighting how human-centered design and technological advances can be used to solve real-world business problems. In Topic 6, you will develop the operational elements of the business model canvas. These include key _partnerships, key activities, key resources,_ and _cost structure._

Utilize the "Business Model Canvas – Intro and Template" PowerPoint resource to complete the topic assignment.

This assignment will expand upon the hypothesis you previously selected to create an improved hypothesis. Alternatively, feel free to pivot to an alternative problem. Based on your hypothesis and developed persona, you will develop a summary of your business model canvas for submission and feedback. Be sure to complete the remaining _four_ of the nine boxes in the in the business model canvas _listed above_.

Then, create a 500-750-word summary of the _four_ elements of the business model canvas discussed above.

1. For each of these, identify the key elements and describe why that element is crucial to the success of the business.
2. Be sure to identify how you will manage each of these key elements to ensure business success.
3. Discuss what metrics you can use to measure your success in managing each of these elements.

There are two deliverables for this task:

– The updated and _final_ business model canvas with the _four_ boxes completed in the PowerPoint template.
– The written summary of the _four_ additional boxes in the business model canvas in a Word document.

Submit your written summary and the business model canvas.

This assignment requires a minimum of three to four reliable scholarly or industry resources.

Prepare this assignment using effective business writing style. Refer to the resource, "Effective Business Writing," located in the Class Resources, for specific guidelines and formatting requirements.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.

Attachments [ENT-436-RS-T5T6-BMC-Template.pptx](https://halo.gcu.edu/resource/8f802e4e-85a4-41de-99f7-b6dd77a2d1ab "ENT-436-RS-T5T6-BMC-Template.pptx")

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ENT-436-RS-T3-TargetMarketWorksheet2.docx](https://www.sweetstudy.com/files/ent-436-rs-t3-targetmarketworksheet2-docx-10146773 "ENT-436-RS-T3-TargetMarketWorksheet2.docx")

– 2 years ago