Moraine Valley Community College Nio Automobile Manufacturer Venture Proposal
Description
The venture being proposed is Nio (Automobile Manufacturer).
Answer the following questions. Type up your answers (up to 1000 words) and upload it to Blackboard. Make sure to provide references and include links to relevant sources.
A short description of the new venture you are proposing. The new venture should include planned production of at least two distinct yet related products or services. Thus, your venture will require at least two production departments as well as other departments and functions in the business. Make sure to clearly describe and explain:
- The venture you are considering, describe the products/services and identify potential customers.
- The value will you offer your costumers: What you believe will be the relative advantage of your new venture/business; What will make your venture/business successful.
- Briefly outline who might be your potential competitors. Identify potential barriers to entry.
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