User Account

All Pages

Does the business idea need to be modified

Assignment Help Business Management
Reference no: EM132234239

Question: "A feasibility analysis is a chance to open your eyes, ask yourself some very tough questions, then check to see whether your idea, as originally conceived, needs to be modified, refocused, or changed dramatically. (Or perhaps even scrapped altogether.)" (Abrams, as cited in Scarborough & Cornwall, 2015, p. 237).

With this assignment, you will be addressing the fundamental question: Does this business have profit potential?

Referring to the same business you either started or purchased in the first assignment, write a three to four (3-4) page paper in which you:

1. Conduct a feasibility analysis in which you research:

• Industry and Market Feasibility

• Product or Service Feasibility

• Financial Feasibility

• Entrepreneurial Readiness

2. Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned? (Note: If you abandon the business idea, then you will need to select and analyze a new business that has profit potential.)

3. Include at least two (2) references outside the textbook.

Reference no: EM132234239

Questions Cloud

Explain the concept of working capital : As the finance expert for Sensible Essential Consulting, do the following: Explain the concept of working capital and its importance to Genesis Energy.
Does the rbv of the firm offer a viable direction : Does the RBV of the firm offer a viable direction in strategic management research? Isn't it just assumed that a firm would use its competencies to gain.
Develop the training objective for the program : Develop the training objective for this program based on an analysis of the business. Determine the training cost for the training program you are proposing.
How you can best build upon your strengths : Create a development plan that explains how you can best build upon your strengths and overcome your challenges to motivate and lead teams.
Does the business idea need to be modified : Based on your assessment, does the business idea need to be modified, changed significantly, or abandoned? (Note: If you abandon the business idea.
Determine the inventory as at december : Determine the inventory as at December 31, 2017, by the lower of cost and net realizable value method, applying this method directly to each item
How an organization will achieve the mission objectives : Simply stated strategic management is a set of managerial decisions and actions that help determine the long-term performance of an organization.
Determine ending inventory under weighted average cost : The only inventory transaction in 2016 was the purchase of inventory on December 10, 2016, at a cost of $20 unit. Determine Ending inventory
Discuss roger duties as a director : Your score will be determined using the Critical Legal Thinking Case Rubric. Please read this rubric thoroughly BEFORE attempting this assignment.

Reviews

Write a Review

Business Management Questions & Answers

  How will the team resolve any individual or group conflicts

What issues could arise in relation to cultural differences in time, personal space, and cultural symbolism?How will the team resolve any individual or group conflicts?

  Use of flowcharting and blueprinting

Service organizations tend to manage their processes by use of flowcharting and blueprinting.

  What is the expected payoff of each type of prospector

Show that for a given price p ≥ 0 there is a threshold type x(p) ∈ [0, 1] of prospector, such that types below x(p) will prefer to sell the mine, while types above x(p) will prefer to self-mine.

  Adult and pediatric primary care

Describe the potential value a Human resources Professional could bring to adult and pediatric Primary care (APPC).

  Describe the original state of the business process

What are the business objectives of the company/hospital - describe the original state of the business process in the case study. What is the problem with the process?

  Explain conflict resolution and team conflict

Show how you would know that your team was in conflict and what would be a technique you would use to resolve it.

  Accumulate the required amount to buy

How much money should you place in this savings account every month in order to accumulate the required amount to buy the house of your dreams?

  Covariance between the minimum variance portfolio

Prove the covariance between the minimum variance portfolio and any other portfolio is the variance of the minimum variance portfolio.

  Improving population health-letter to the editor

There are mechanisms in place that are used to improve population health, including (1) health statuses and outcomes, (2) determinant factors

  Crude oil impacts the sentiments and hence

The price variation in crude oil impacts the sentiments and hence the volatility in stock markets all over the world. The world equilibrium price of gasoline fluctuates primarily because of spikes and collapses in crude oil input prices caused at ..

  Relationship between demand and changes

Describe the relationship between demand and changes in real income trough the income elasticity of demand formula. What is considered a normal and an inferior good? Mention an example for each type of good.

  Number of surgical operations

Based on the information below, what are the 1) post operative infection rates and 2) post operative death rates for Elvira Hospital between July and December of 2008?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd