BUS 1500: FINAL ASSESSMENT (35%)SHORT ANSWERS COMPONENT (15%)DEADLINE​: Submit on Blackboard as per the date in the Critical Path by 11:59PM.REQUIREMENTS​: This is an individual assessment. The following will not be accepted: work inpairs or in groups, late submissions or email submissions. Must submit as Word Doc or PDF.STEP 1: ​You need to propose a business idea that uses an online platform. Your online platformmay sell goods or services; you can be creative with what your business is and what it is called.Think big. There are many businesses with online platforms out there, can you come up withsomething better? What do you look for when you order something on the web?STEP 2​: Describe what product or service you would like to sell in ​min. 300 words​.