Explain the rationale for the strategy in detail

Assignment Help Business Management
Reference no: EM131145696

Select a small business that you visit often (e.g., coffee shop, bookstore, sporting goods store, etc.). Write a 6-8 page paper in which you:

1. Craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail.

2. Determine if it would make more sense to open the new business you describe or to purchase the existing business you selected. Explain your reasoning.

3. Discuss the most appropriate form of ownership for your new business (assuming your current financial situation).

4. Outline a business plan for your business. Visit https://www.sba.gov for tools and templates.

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

Reference no: EM131145696

Questions Cloud

What factors would lead to designation in either category : Describe what factors would lead to designation in either category and explain how this relationship influences economic interaction and political relations at the supranational level. In other words, does the European Union treat countries of the..
Calculate the equilibrium price and quantity : Determine the equilibrium price and quantity. Determine the implications for each of the computed elasticities for the business in terms of short-term and long-term pricing strategies. Provide a rationale in which you cite your results.
Identify by number the accounting assumption : Identify by number the accounting assumption, principle, or constraint that describes each situation below. Do not use a number more than once.
Can the nominal interest rate ever be negative : Can the real interest rate ever be negative? Under what circumstances can it be negative? If so, why not just hold cash instead of bonds?
Explain the rationale for the strategy in detail : Craft a brief (1-2 pages) strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail
How tosca exploits these ideas within the opera : ESSAY: Link Government censorship, nationalistic music and Romantic Period music stars with the popularity and influence of opera, and how " Tosca" exploits these ideas within the opera.
Identify when revenue should be recognized : In August, you order a sweater from Sears using its online catalog. The sweater arrives in September, and you charge it to your Sears credit card. You receive and pay the Sears bill in October.
What is the present value of the consol : This formula gives the price of a consol-a bond paying a fixed nominal payment each year, forever. It is also a good approximation for the present discounted value of a stream of constant payments over long but not infinite periods, as long as i i..
Natraj company shows the following account balances : After closing revenues and expense, Natraj Company shows the following account balances.

Reviews

Write a Review

 

Business Management Questions & Answers

  What other personality assessments may be important

Compare and contrast the Big Five Theory of Personality with Myers Briggs MBTI, Why is it important to understand personality types

  Ethics or corporate social responsibility

Based on the fact that investors lost millions of dollars as well as employees found themselves unemployed and holding worthless stock options do you see as well as laps of ethics or corporate social responsibility

  Effects of variation on operational excellenceusing the

effects of variation on operational excellenceusing the wheeler text as a framework describe the effects of variation

  Flexibility to customize products

changes in trends and technology because they don't hold raw materials and components, but also because a firm tends to have good relationships with their suppliers.

  How to submit homework how to submit homeworkhow to submit

how to submit homeworkhow to submit homeworkhow to submit homeworkhow to submit homeworkhow to submit homeworkhow to

  The art of oratory discussion question

After watching several films (or plays) over your lifetime, and now reading Syd Field's theory on the Three-Act-Paradigm, what do you notice about the commonalities of good presentations?

  Operational improvement initiative in your work area

Identify an operational improvement initiative in your work area. Using the project management life-cycle framework as a guide, prepare a plan to implement this project.

  Management theories-an historical perspective

Describe how modern and post-modern management theories help managers understand how individual employees think, feel, and perform in today's organizations.

  How providing need goods or services will improve community

Describe how providing needed goods or services will improve the community and its standard of living. How purchase of supplies and other materials can help local businesses.

  Organizational mission and customer demandsanalyze how the

organizational mission and customer demandsanalyze how the organizational mission and customer demands ex. what

  Explain what are the arguments for and against social

Explain What are the arguments for and against social responsibility on the part of businesses? Research the topic and discuss

  Persuasive leadership stylethink of a leader you know

persuasive leadership stylethink of a leader you know personally or a historical past or present individual who you

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