Lakota Hills Case Read the Lakota Hills Case at the end of Chapter 2 of New venture creation: Entrepreneurship for the 21st century

Lakota Hills Case

• Read the Lakota Hills Case at the end of Chapter 2 of New venture creation: Entrepreneurship for the 21st century.
• Write a paper of approximately 900 words that addresses the following questions:

·         What are advantages and possible challenges of developing a specialty food business?

·         Is Lakota Hill’s strategy the best way to build a specialty food business?

·         How could they integrate other channels into their overall selling model?

·         Where does this business appear on the goods/services spectrum? Is this the ideal positioning?

·         How will Lakota Hills make money?

·         Would you invest in Lakota Hills?  Why or why not?

• Include a minimum of two scholarly, peer-reviewed sources, which may consist of readings from the University Library, your text, or other selections.
• Format your paper using West Writing Style Handbook guidelines.