Expense Tracking Application - Venture Discussion

Expense tracking
Application-VENTURE
DISCUSSION
Name of the Student

Introduction:
About the
Application(Prod
uct)
The new product which
has been developed for
the expansion can be
essentially mentioned to
be an `Expense Tracker
Application`
As the monetary
transactions have
become digital in
nature, the application
will be in sync with the
payment wallets.
It will present an
analysis of all expenses
and incomes of the
individual and identify
the savings as well
(Kotler et al., 2018).

Environmen
tal Factors
affecting
the product
launch  When a new product has to be introduced
into the market, it is not an easy
procedure and the environmental factors
affecting its launch have to be considered.

• When the product will be launched worldwide,
the ease of doing business in any country, its
government structure and legislatives will have
to be considered.
Political
• The economic factors affecting a new product
can be understood to be the factors like the
economic cycle of the country, interests rates,
per capita income of the country and other
related factors.
Economical