This journalling activity is made up of four (4) questions focused on the needs supporting the business idea you are unpacking. If you haven’t completed the Needs Analysis (miro board), located in your Business IQ, please do this, before completing this journal activity. We will ask each question progressively. We encourage you to write as much as possible, with a minimum of one sentence per open-ended question.
Whilst we do have a function that auto-saves your answers, we always encourage you to write your answer down somewhere else first and then paste it here, in case you are disconnected and the system doesn’t save your response.
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We hope this activity has helped you reflect on needs that support your business idea. The clearer you are on the needs supporting your concepts, the better the design of your product and or service solutions will be!
Next, we start working on your solutions, we can’t wait to see what you come up with!
See you in the next lesson!
4.1 What research methods and data collection tools did you use to identify the market, industry and environmental needs connected to your business idea?
For you to have completed the needs analysis effectively, you should have used at least two (2) or more market research methods and data collection tools.
This response will be awarded full points automatically, but it will be reviewed and possibly adjusted after submission.
4.2 What key findings did you discover about the market through your research?
Identify at least one (1) thing you learnt about the market that aligns with your business idea.
4.3 What key findings did you discover about the Industry through your research?
Identify at least one (1) thing you learnt about the industry that aligns with your business idea.
4.4 What key findings did you discover about the environment through your research?
Identify at least one (1) thing you learnt about the environment that aligns with your business idea.