You are about to graduate from SEU. You are unemployed, and not interested in joining a traditional 8 am -5pm job. You think that you are an inquisitive person that is willing to take things into your own hands and start your own business. Starting your own business will help you make money, explore your creativity, and innovation. Considering the following mentioned eight project requirements, prepare a Group Project Report and submit. Please note that in each group, there will be up to three members (Not more than three members in a group) and you are suggested to follow the general instructions mentioned in the end of this assignmentSaudi Electronic University College of Administrative and Financial Sciences E-commerce Department Student Name: Afnan Alkhozaeem Sarah Abdulkarim Hana Noor Student ID: 150028560 160073773 170351582 Course Title: E-Business Strategies & Business Models Course Code: ECOM421 Academic Year/ Semester: 2021 CRN:23013 Instructor Name:Dr. Gokulkumari Govindasamy Student Grade: Grade Level: Saudi Electronic University College of Administrative and Financial Sciences ECOM421 – E-Business Strategies & Business Models Assignment 2 Part One (Group Project Assignment) 14 Marks Submission deadline: 20th March 2021 (End of Week-9) 1. What is the business you are interested in? (i.e., Restaurant, Supermarket, Pet store, Barbershop, E-Commerce firm, Gym, Auto Service Center, Sports Outlet, etc.). Give a suitable name to your upcoming business and give a brief description about your business type, where it will be located, and why you chose this business? The work that I will care about and it will be my passion and my interest in jewelry design because of its beautiful and accurate details at every step to do something distinctive, beautiful, and dazzling It is passion and dazzle for the buyer to give him distinct and beautiful pieces that remain an eternal memory every time they are worn and used Starting with the design of the piece and choosing the colors and stones, whether it is gold, diamonds or precious stones. The working name will be Glamour is Gem. This means that it is the luster of the distinctive pieces and the sparkle of the gems used and their quality. Job description The type of business will be designing jewelry such as earrings, bracelets, rings, and chains, and the combination of gold, diamonds, precious stones, and pearls to satisfy all tastes in the market. Location We will have a store in the city of Riyadh, specifically in the Centria Mall, as well as we will have a website on the Internet to display and sell the pieces and write detail for each type of pieces of the size of the gold used, as well as clarify each type of gemstone used as well as prices and different payment methods to satisfy all customers.