You are working to develop an online venture. It is your goal to make a difference. Whether your project is for-profit or not-for-profit, you must raise revenue (in the case of a not-for-profit you must sustain the cause), so you will need to use one of the online business models. In developing a plan, you must take into consideration the potential ethical concerns, social impacts and legal issues involved in undertaking the venture.
In a well-written paper, develop a plan that addresses the above considerations. You should include the following in your plan:
- A basic overview of the online venture, including its mission
- The type of online business model to be used for the venture
- A summary of how this venture will appeal to various cultures
- An analysis of the effects this venture might have on various cultures
- Any ethical issues this business can address, could encounter, or both
- Potential risks associated with operating an online venture such as this one
- Strategies for protecting privacy
- Discussion of any needed copyrights, trademarks, patents, or trade secrets, if applicable
- Potential benefits brought about by this venture
