Analyse the risks associated with the innovation that you have researched or developed; in relation to expanding access to affordable, quality healthcare

You are required to research or develop an innovation aimed at expanding access to affordable, quality healthcare .

You must chose and complete one of the tasks below:

Task 1 (LO3, LO4) Analyse the risks associated with the innovation that you have researched or developed; in relation to expanding access to affordable, quality healthcare. (90 marks) OR

Task 2 (LO3, LO4) Analyse the risks associated with the launch plan (element of the business plan); in relation to exploiting the business opportunity that the innovation presents. (90 marks) OR

Task 3 (LO3, LO4) Analyse the risks associated with the operations plan (element of the business plan); in relation to the going-concern principle related to extracting value from the innovation. (90 marks) OR

Task 4 (LO3, LO4) Analyse the risks associated with the management plan (element of the business plan); in relation to how the business will be run and due diligence exercised. (90 marks)

Additional 10 marks are available for Harvard referencing and clarity of expression

Task 1 (LO3, LO4) Analyse the risks associated with the innovation that you have researched or developed; in relation to expanding access to affordable, quality healthcare. (90 marks)

Introduction

Explanation of what you will be discussing, brief background / context for your innovation

Discussion –Main Body

•Description of the innovation and technology

•Who is the product/service for?

•Look at Demographic (segmentation) factors: Age, Location, Gender, Income level, Education level, Marital or family status, Occupation, Ethnic background, etc.

•Look at Behavioural (segmentation) factors: actual purchase amount and frequency of purchase, etc.

Risks

So what are the risks associated with your innovation and its technology?

What might be the risk factors in relation to segmentation of the market?

Conclusion

References

Task 1 (LO3, LO4) Analyse the risks associated with the innovation that you have researched or developed; in relation to expanding access to affordable, quality healthcare. (90 marks)

Introduction

Explanation of what you will be discussing, brief background / context for your innovation

Discussion –Main Body

•Description of the innovation and technology

•Who is the product/service for?

•Look at Demographic (segmentation) factors: Age, Location, Gender, Income level, Education level, Marital or family status, Occupation, Ethnic background, etc.

•Look at Behavioural (segmentation) factors: actual purchase amount and frequency of purchase, etc.

Risks

So what are the risks associated with your innovation and its technology?

What might be the risk factors in relation to segmentation of the market?

Conclusion

References

Task 1 (LO3, LO4) Analyse the risks associated with the innovation that you have researched or developed; in relation to expanding access to affordable, quality healthcare. (90 marks)

Introduction

Explanation of what you will be discussing, brief background / context for your innovation

Discussion –Main Body

•Description of the innovation and technology

•Who is the product/service for?

•Look at Demographic (segmentation) factors: Age, Location, Gender, Income level, Education level, Marital or family status, Occupation, Ethnic background, etc.

•Look at Behavioural (segmentation) factors: actual purchase amount and frequency of purchase, etc.

Risks

So what are the risks associated with your innovation and its technology?

What might be the risk factors in relation to segmentation of the market?

Conclusion

References

•Task 4 (LO3, LO4) Analyse the risks associated with the management plan (element of the business plan); in relation to how the business will be run and due diligence exercised. (90 marks)

Introduction

Explanation of what you will be discussing, brief background / context for your innovation

Discussion –Main Body

•Description of the innovation and technology

•Explanation of the organizational structure of the business including governance /compliance

•Operational and staffing

•Financial systems

Risks

So what are the risks associated with your organisational structure/ lines of reporting etc?

What might be the risk factors in relation to the business reputation?

Conclusion

References