Explain the challenges involved in new-venture development

Assignment Help Operation Management
Reference no: EM13852839

1. Explain the challenges involved in new-venture development.

2. Many entrepreneurs have a poor understanding of the finances associated with their new venture and/or have a venture that lacks uniqueness. Why are these characteristics considered pitfalls of selecting new ventures?

3. Describe each of the five critical factors involved in the prestart-up and start-up phases of a new venture.

4. List and describe four major types of problems that new ventures confront.

5. In your own words, what is a market? How can marketing research help an entrepreneur identify a market?

6. What are the five steps in the marketing research process? Describe each.

7. Identify and describe three of the primary obstacles to undertaking marketing research.

8. How would an entrepreneur's new-venture strategy differ under each of the following marketing philosophies: production driven, sales driven, consumer driven? Be complete in your answer.

9. Identify and describe four of the major forces that shape buying decisions in the new century.

10. What are the five steps that are particularly helpful for developing a marketing plan? Identify and describe each.

Reference no: EM13852839

Previous Q& A

  Construct a change management strategy

Construct a change management strategy for dealing with this situation. In so doing, identify what approach(es) to managing resistance you recommend and provide a clear justification for your choice.

  How total cost can be divided in different ways

Explain how total cost can be divided in different ways and how they can be applied to manage the supply chain

  Detail the decisions you have made in terms of the 4ps

Describe in detail the decisions you have made in terms of the 4Ps. Try to be as practical as possible. Do not propose alternatives unless you specify which of the alternatives is your chosen one - Comment on how these four international marketing ..

  Generate a huge amount of revenue for the community

Because an event this large will generate a huge amount of revenue for the community selected it is possible that some communities might attempt to sway the decision making process in their favor by offering "special deals" or "financial incentive..

  Identify some of the business environmental factors

Using the information that you learned in the activity for the Business Environment Process, write a 1-2 page paper in which you choose one of the business process categories and identify some of the business environmental factors that affect that..

  How many shares of common stock

What was their depreciation expense for 2000?

  My new business model

My new Business model- Business models should be about describing how the firm will create a superior level of customer surplus in future transactions (adding a superior level of customer utility / lower price or both)

  Identify the risks of the proposed project

Critically analyse the project context and Provide a summary of the project context in report format, suitable as a briefing for key stakeholders.

  What are some response activities that organizations use

As the pressures of the business environment increase, what are some response activities that organizations use? What about these specific activities is beneficial to the organizations

  Cobb-douglas and total factor productivity

As an economist working at the International Monetary Fund, you are given the following data for Brazil: predicted per capita GDP, relative to the United States, as given by y = k1/3, is 0.56, and total factor productivity is 0.36. What is the observ..


Write a Review


Similar Q& A

  Construct a house of quality to provide the organization

Imagining yourself to be the customer, construct a House of Quality to provide the organization with your perspectives on what the important dimensions of quality are and how well the organization is currently meeting your needs. Develop a SPC checkl..

  Create an aggregate production plan for slopes also sleds

Inventory holding costs are $2 per unit per month. Given the estimates of demand below, create an aggregate production plan for Slopes also Sleds utilizing.

  What are three cost-containment measures

What are three cost-containment measures that were implemented through the collective bargaining process in 1985? Why were these considered milestones in curtailing health benefit costs to employees?

  Explain straight-line method of depreciation

Approximately one year later, the hospital is approached by Harmon Technology salesperson, Jane Black, who indicated that purchasing the scanner in 2011 from Faital Inc. was a mistake.

  Discuss ethical implications of an individual reward system

What is the role of leadership in creating, managing, and sustaining innovation in your organization? What are the ethical implications of an individual reward system? Support your answer.

  Why do you think horizontal design

In designing new products, such as cellphones, the horizontal design team approach, known as concurrent engineering or intergraded product development, has been found to speed up design because all the specialists meet at once instead of separately d..

  Systems thinking basics

For this assignment, complete and submit the Activities 1, 2, 4, & 5 in Section 2 of Systems Thinking Basics. Do not simply give one word responses. Expand to some extent for full credit! And for those asking from the onset, don't over think "flip..

  Define process design and supply chains

This is part one of a two part assignment starting with an introductory look at process design and supply chains. Identify a company with which you are familiar. This could be your place of employment, a car wash, a yard service company, and so fo..

  Explain a medical service for medical tourism

Identify a local United States business that you will propose should venture into new a new foreign market. (If you are a foreign student, you may use a local business in your own country.) For example: A local microbrewery, a high tech start-up ..

  Producing computer chips with an average life

Thunder Bay has been producing computer chips with an average life of 480 hours and a standard deviation (s) of 24 hours. Thunder Bay has the opportunity to obtain a large order from XYZ Computers if it can produce the computer chips with specificati..

  Discuss the strategy you used to hire-schedule

Discuss the strategy you used to hire, schedule, and compensate employees and managers. How successful was the strategy in competing in the restaurant marketplace? Were the employees compensated properly to ensure the success of the organization?

  Task through Gagne-Briggs Nine Events

Select one task and provide a one-sentence demonstration explaining how you would take the chosen task through Gagne-Briggs' Nine Events?

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!

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