A local business leader is considering starting a business i

A local business leader is considering starting a business in your areaand has hired you to conduct a market analysis and deliver a formalreport of your findings. Consider a market segment with which you arefamiliar. Write a brief report to be delivered to your sponsor in whichyou describe the status of competition within this market and recommend acourse of action for the start-up.Develop a response that includes examples and evidence to support yourideas, and which clearly communicates the required message to youraudience. Organize your response in a clear and logical manner asappropriate for the genre of writing. Use well-structured sentences,audience-appropriate language, and correct conventions of standardAmerican English.