Lesson #1, Assignment #2 - Read the 'Business...

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Read the 'Business Problem-Solving Case' on pages 34-37 of your text, entitled "Is Second Life Ready for Business?" and address the case questions in an essay of 500-600 total words: 1. What problems can Second Life help businesses solve? Second Life provides businesses with tools for online conferencing, online collaboration, knowledge management, and prototyping. Companies can test new products using Second Life’s 3-D rendering programs. They can experiment with new marketing and advertising campaigns to see how people react. They can receive feedback on real-world products or services. 2. Considering what you have learned about Second Life, how could you, as an individual, create a modest start-up business on the Grid? What goods would you sell? Why would this be a good choice of product? What, in simple terms, would your business plan be? Why would it work? One potential new business would be to sell furnishings for online spaces. People inherently want to furnish and decorate their private spaces. The products could be bought and sold using Lindens. The start-up costs could be low since there aren’t any inventory costs. You can create the furnishings as they’re ordered. A business plan would include advertising ideas, marketing ideas, how to deliver the products, customer follow-up ideas, and financial planning. 3. Visit eBay on the Web and see what Second Life items you can find listed for auction.
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This note was uploaded on 04/29/2011 for the course INFORMATIO MIS taught by Professor Daniel during the Spring '11 term at Antelope Valley College.

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Lesson #1, Assignment #2 - Read the 'Business...

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