\nVisit Below Link, To Download This Course:\n\nhttps://www.tutorialsservice.net/product/busn-115-week-3-lemonade-stand-part-1-latest-devry/\n\nOr \nEmail us on\nSUPPORT@TUTORIALSSERVICE.NET\n\nBUSN 115 Week 3 Lemonade Stand Part 1 Latest-DeVry\nBUSN115\nBUSN 115 Week 3 Homework Latest-DeVry\nLEMONADE STAND, PART I\nBackground\nAs you have read about in our lecture, we have used a lemonade stand to help us understand some basic concepts of business. As we pointed out, a lemonade stand has a simple business structure; yet, it can help us understand almost every function of a firm; such as marketing, operations, finance, technology, entrepreneurship and many other aspects. In our two assignments in this course, you will own and operate your very own lemonade stand as you apply the knowledge you have learned from the course.\n
Visit Below Link, To Download This Course:
Email us on
BUSN 115 Week 3 Lemonade Stand Part 1 Latest-DeVry
BUSN 115 Week 3 Homework Latest-DeVry
LEMONADE STAND, PART I
As you have read about in our lecture, we have used a lemonade stand to help us understand some
basic concepts of business. As we pointed out, a lemonade stand has a simple business structure; yet, it
can help us understand almost every function of a firm; such as marketing, operations, finance,
technology, entrepreneurship and many other aspects. In our two assignments in this course, you will
own and operate your very own lemonade stand as you apply the knowledge you have learned from the
You have decided to open a lemonade stand in your local neighborhood. You have grand plans for this
stand and expect to attract many customers. In part I of this assignment, you will develop the basic
premise of your new company. Please answer the following questions, utilizing the textbook, to ensure
you apply the lesson we have learned in the previous weeks.
Develop a creative name for your Lemonade Stand, and then explain why a name is important
when you are considering branding options?
Create a Mission Statement for your Lemonade Stand (Chapter 7); then explain why a mission
statement is important for any company?
You are very involved in your community; please outline your CSR plan (Chapter 4) for your
The textbook lists many different types of pricing strategies, please pick one of these and explain
how you will deliver on this strategy with your stand. (Chapter 14)
Even though you only sell to local customers, you understand that you could package your
lemonade and sell it online globally. Evaluate whether or not the company should go global by
creating an online presence and selling your lemonade online (Chapter 3).
You are to write roughly 500 words in answering all questions posted above for your Lemonade
Stand. (Please note: you may list the questions in your paper and answer these in a step by step
process, but the word count will only apply to your written words).
The paper needs to be written in an APA format and should have at least your textbook listed as a
scholarly source in your bibliography. Please view the APA tutorial in your syllabus for more on how to
format your paper. Your paper should include a cover page and running header as stipulated by APA
This paper will be evaluated on how you apply the concepts that are detailed in the textbook to a practical
idea. In order to receive the highest grade, it is encouraged that you review the textbook and cite
specific area of the text in your responses (taking care in citing these properly). Additionally, while this is
not an English class, grammar will account for a portion of your paper. Please take care in writing a well
Note: For this paper and other papers that you will write in college, please note that when you reference
or cite a text, if you use words that are directly from a source, they must be in quotations and cited. If
you are just referencing them and have changed the words, a citation is all that is required. One final
point, when writing anything in college, you must adhere to the 80/20 rule: 80% of the papers should be in
your own words, while 20% make up any citations you may add. Violation of this rule could result in a
zero for the assignment.
Demonstrate a strong grasp of the question and be able to demonstrate an understanding of how the course
concepts apply to the situation.
Be sure you show mastery of the course content by applying concepts from the lectures and text and showing
citations from the text when answering the questions.
Write your answers clearly and succinctly using strong organization and proper grammar. Use citations
correctly. The paper must exceed 500 words (not including the cover page, citation or any repeating of the
A quality paper will meet or exceed all of the above requirements.