Develop an Entrepreneurship Due Diligence Report on Impossible Foods, using the articles/information found in the following links.Links to an external site.https://www.wired.com/story/the-impossible-burger/https://www.reuters.com/article/us-impossible-foods-m-a-exclusive/exclusive-impossible-foods-in-talks-to-list-on-the-stock-market-sources-idUSKBN2BV2SFLinks to an external site.https://impossiblefoods.com/Consider the following questions. Note that because this is a general outline, not all questions may apply to this specific business.External Environment:· How is the economic environment where the business is located?· How is the social environment where the business is located?· How is the technological environment where the business is located?· How is the political/legal environment where the business is located?Industry Environment:· What is the state of the industry in which the business operates? Is the industry in growth mode, or is it mature or in decline?· How does this business compare to competitors in its industry?· What is the business’ reputation in the industry and the community?· How many competitors are there? What are their strengths and weaknesses?Business Environment:· What is the state of the business’ target market? Is its target market growing or shrinking?· Are its target customers undergoing demographic changes, such as aging, loss of disposable income, or other transitions that could put the business at risk?· Is the business’s customer base growing? Is the business adequately diversified, or is it overly dependent on one or two big customers?· What kind of staff does the business have? Do employees have skills that are difficult to find elsewhere? Are their wages average, above average, or below average for the industry?· Are employees being treated fairly? Is there a lot of turnover at the business?Finances:· Are the business’ sales increasing?· What is the business’ profit margin?· Does the business have adequate funding?· How much debt does the business have?Conclusion:· Is this a business worthy of consideration for investment?· What are the reasons for your decision?Adapted from https://www.allbusiness.com/questions-to-ask-when-buying-a-business-567-1.htmlLinks to an external site.Submission Instructions:The detailed summary should be 600 words in length that uses current APA style and format.Written explanations should use complete sentences, and appropriate grammar, punctuation, spelling, and word usage. References and citations should be used and in proper APA style.Complete and submit the assignment by 11:59 PM ET Sunday.Late work policies, expectations regarding proper citations, acceptable means of responding to peer feedback, and other expectations are at the discretion of the instructor.
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