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Business Internship report:
A business (also known as enterprise or firm) is an organization involved in the trade of goods, services, or both to consumers.[1] Business plan and Business model determine the outcome of an active business operation. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning. The etymology of "business" refers to the state of being busy, in the context of the individual as well as the community or society. In other words, to be busy is to be doing commercially viable and profitable work.
Breakthrough entrepreneurship is about solving problems -- but it's only half the battle. If you've brainstormed a business idea and have a sense of the customer pain your product can solve. The next step in your billion-dollar business generating process is to figure out if you can fill that need profitably.To do this, you need to understand the value proposition you're creating. Estimate the economics as best you can so as to figure out ahead of time if customers will actually agree to purchase your product or service for significantly more than it costs you to produce it. The business I work for focuses on three factor for value proposition: * Production cost * Customer utility and * Price
Begin with production cost, which is often the number you can estimate with the most precision. If we're selling lattes or planning to manufacture electronics, bake cupcakes or develop games that run on social networking websites, hopefully you know enough to come up with an estimate of what it will cost us to produce them. In this case, we'd probably have direct

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