The purpose of this assignment is to create a business model canvas, highlighting how human-centered design and technological advances can be used to solve real-world business problems.
Utilize the “Business Model Canvas – Intro and Template” PowerPoint resource to complete the topic assignment.
This assignment will expand upon the hypothesis you previously selected in the Hypothesis Statement and Overview template to create an improved hypothesis. Based on your hypothesis and developed persona, you will develop a summary of your canvas model, complete each of the nine boxes in the in the business model canvas.
Then, create a 500-750-word summary of the business model canvas. Include research from at least five sources. Within the summary, describe your ideas for key partnerships, cost structure, key activities, key resources, value propositions, customer relationships, channels, customer segments, and revenue streams. Describe why you selected these as the key elements of your business.
There are two deliverables for this task:
- The completed business model canvas PowerPoint template.
- The written summary of the business model canvas in a Word document.
You may create these separately or combine them into one document.
While APA style is not required for the body of this assignment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines.