You are working to develop an online venture. It is your goal to make a differen

Question

You are working to develop an online venture. It is your goal to make a difference. Whether your project is for-profit or not-for-profit, you must raise revenue (in the case of a not-for-profit you must sustain the cause), so you will need to use one of the online business models. In developing a plan, you must take into consideration the potential ethical concerns, social impacts and legal issues involved in undertaking the venture.

In a well-written paper, develop a plan that addresses the above considerations. You should include the following in your plan:

A basic overview of the online venture, including its mission

The type of online business model to be used for the venture

A summary of how this venture will appeal to various cultures

An analysis of the effects this venture might have on various cultures

Any ethical issues this business can address, could encounter, or both

Potential risks associated with operating an online venture such as this one

Strategies for protecting privacy

Discussion of any needed copyrights, trademarks, patents, or trade secrets, if applicable

Potential benefits brought about by this venture

Your paper should also meet the following requirements: Be 8-10 pages in length. Include at least three references from the readings or outside sources.

Explanation / Answer

Make a proper feasibility report before making any investment.It will be quiet helpful to avoid losses.

Basic overview of the online venture:

   Online business is a huge opportunity for people residing across the globe.It give them a chance to interact different people from different cultures living across the globe and give them an opportunity to work together to get profits.online business.com is an online forum which will be a global leader in e-commerce for business.It will act as a powerful suite of finding tools for reliable and capable suppliers.It can provide reliable servies as follows.

Mission of the online business venture:

This gives an opportunity to do business all over the globe.It will be safe investment it will be register reliable registered firms.Internet is driven by information and there always be a need for a new substance so this venture has the potential to excel and the ability to remain in demand for a long time of period.

    Business model to be used:

A business model forms the basis and very foundation of how organizations usually establish ,and imprisons value.This process of designing a business model is the fundamental and significant step in the construction of a wise business strategy.A business explicitly and implicitly establishes a business model that explains the structure of value creation,distribution and capture tools used by the business enterprises.The basic purpose of using the business model is to define the method by which the business enterprise conveys values to customers and tempts and convinces the customers to pay for worth ,and alters those payments to profit .This is a significant measure to generate and increase profits. It also plays important role to give a detailed description to give a clear idea about wants and needs of customer.

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