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.