Forecasting Essay, management homework help

Target is the company

Now it is your turn to practice forecasting! Here is Part 7 of your 8 part Final Portfolio.

Reflect over your company and select one new venture your company is pursuing. For example: Nike’s breakthrough product – Flyknit shoe.
– New product?
– New technology?
– New marketing?
– New investment?

Instructions:
1. Give an overview of this new venture for the company.
2. Create a list of at least 5 “Possibilities”
3. Rate each Possibility using the 4 measure rating
4. Explain each possibility and their rating in the form of a prediction.
5. What could occur if these predictions are wrong?

Due Sunday 11:55pm/EST of Week 7

Requirements:
– Your paper should be written in an academic essay format.
– Provide at least 2 sources.
– Do not write in First Person.
– Reference your weekly readings and your researched articles.
– Must be a minimum of 2-3 pages of written work (not cover/reference page)
– Follow APA format with in-text citations and full text reference.
– Must include a cover page and a reference page. .