Economics: Business Proposal Revision

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instructor_feedback_on_proposal.docx

Instructor Feedback on Proposal

You have not yet made a convincing case for excluding the US market from the initial launch of the FOLDABLE SMART PHONE based on the quote below. You need to explain clearly how the data below leads to the conclusion that a new launch should not include the US. I understand that many companies are launching products outside of the US first, but that may have to do with saturation of the market or regulations and taxation. Revisit this area, where there are so many promised product launches in 2015 "My choice of China and European market is because of the comparatively higher purchasing power of the individuals in these markets. Their consumer price index is relatively attractive with United States having 76.97, Hong Kong having 75.86 and China having 52.67. Categorically, these markets have a hunger for new technology and advancements so the foldable smartphone device will enable ease of handling and create a substitute for tablets in the market, which are relatively large in size." This is a REAL product idea since many product prototypes are already on display and ready for launch next year. You need to account for the competition explicitly focusing on technical specifications, operating system (either Open Handset Alliance Android, a variant of your own like Amazon did with Kindle and Samsung is threatening to do with Tizen, or Linux where Canonical has been planning to bring a phone to market with Ubuntu or even Mozilla Corporation that has a phone on the way. Make the entire proposal practical and you will have a more realistic proposal without making it too long You are very close to an investor-ready proposal Follow the rubric above carefully when editing