Use the principles of Entrepreneurship, Elasticity, and Ed-Med to create a successful business

Instructions

Conduct market research.
Take the time to identify the target market and understand their needs and preferences. Research the competition and analyze its strengths and weaknesses. Utilize the principles of Entrepreneurship to identify new opportunities in the market.
Develop a comprehensive business plan.
Create a plan that incorporates the principles of Entrepreneurship, Elasticity, and Ed-Med. Outline the goals, strategies, and tactics of the business. Make sure to include details on how the business will adapt to changing market conditions using the principle of Elasticity.
Execute the plan.
Evaluate the results.
Evaluate the success of the business and make adjustments as needed by utilizing the principle of Elasticity.