Suppose you want to set up an online business to sell some product or service. 1. Describe the product or service you in

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Suppose you want to set up an online business to sell some
product or service.
1. Describe the product or
service you intend to sell online.
2. Explain why this product or
service is suitable to sell online.
3. Perform a SWOT analysis of your
business environment to justify setting up
an online business.
4. Identify a business strategy which
could give you a competitive edge based on the SWOT analysis.
5. Explain how you could use the
4 P's of marketing to promote your product or service.