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Reflection On First Stage Of Business


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On October 8th, our group, Secret Seal was asked to deliver our Proof of Concept. It was conducted in a form of slideshow presentation. Proof of Concept served as the next step that followed after our group's previously successful Rocket Pitch presentation.

The presentation content was completed mainly to proof and convince potential investors, teachers and classmates, that our Secret Seal business is profitable. Peers voted five groups out of the remaining nine business concepts based on whether they think Secret Seal is profitable or not. Thus the presentation main objective was giving evident that our Rocket Pitch idea is visible and financially viable.

Market research acquired from primary qualitative research was used as the basis for Proof of Concept. The research was obtained through conducting focus groups in which a group of people were asked about their attitude towards Secret Seal's product concept, idea, selling method or price. Each of our six Secret Seal......

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Approximate Word Count: 453
Approximate Pages: 2 (260 words per double-spaced page)

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