Customer-focused in this business

Assignment Help Operation Management
Reference no: EM131703305

Assume for the moment that you have a great idea for a potential Internet-based start-up business. In discussing the idea with a friend, she advises you to be very careful to tie your business idea to potential customers and then describe it well in a business plan. “After all,” she says, “you won’t succeed without customers, and you’ll never get a chance to succeed if you can’t attract financial backers through a good business plan.” With these words to the wise, you proceed.

What questions will you ask and answer to ensure that you are customer-focused in this business? What are the major areas that you would address in writing your initial business plan?

Reference no: EM131703305

Questions Cloud

Months of data for medical leave : In a set of 36 months of data for medical leave that has a mean of 12 days per month and a standard deviation of 4.73 how many months are expected
Establish the pricing policy for city internal service fund : The mayor asks you to help establish the pricing policy for the city's only Internal Service Fund, the Printing Fund. The mayor has decided that all city.
Discuss write a short summary of that individual : Using the World Wide Web, find a recent feature article about a CISO or other IT professional with CISO job functions
Which might be the most effective in delivering the plan : Discuss the following:Strengths of each professional development approach.Which might be the most effective in delivering the plan you developed in Week Three.
Customer-focused in this business : What questions will you ask and answer to ensure that you are customer-focused in this business?
Represent the situation and find : If the universal set is ALL the digits from 0-9, A= {2,3,4,5,6} and B = {5,6,7,8, 9}, draw/shade a Venn diagram to represent the situation and find:
Discuss job creating a service that draws a crowd : What are your ideas. What are ways that Twitter can leverage their large audience to make money
Supervision of fieldworkers to minimize errors : What do you think of the practice of re-interviewing some of the participants that were interviewed by the fieldwork to check for cheating?
In what fund should the occupancy tax be accounted for : A city is about to construct a new sports arena. It will use a Capital Projects Fund to account for the accumulation of resources to build the arena.

Reviews

Write a Review

Operation Management Questions & Answers

  Identify with target record-retention practices

What were the legal issues in this case? What did the appeals court decide? What are the obligations of employers regarding the retention of records related to recruiting? What problems does the court identify with Target record-retention practices?

  Air conditioning manufacturer produces room air conditioners

An air conditioning manufacturer produces room air conditioners at plants in Houston, Phoenix, and Memphis. These are sent to regional distributors in Dallas, Atlanta, and Denver. The shipping costs vary, and the company would like to find the least ..

  Maximize total advertising revenue

Estimates of the advertising revenue (in dollars) that can be expected for each of the new programs in the four vacated time slots are as follows. Mr. Botuchis asked you and the assignment of programs to time slots that will maximize total adverti..

  Elucidate how would you manage an organization motors

A sugar mill receives sugar cane from farmers, extracts juice, boils it into syrup, also n crystallizes syrup into raw sugar. Elucidate how would you manage an organization manufacturing motors in a turbulent also dynamic environment.

  Describe the people issues

Describe the "people" issues that were affecting Colgate's ability to use business intelligence.

  Give the answer of muliple choice question

An uncertain event or condition that, if it occurs, has a positive or negative effect on a project objectives is termed. The cost impact of a risk event occurring as a project proceeds through its life cycle tends to.Which of the following is not one..

  Actual demand for a product for the past three months

Actual demand for a product for the past three months was Three months ago 410 units Two months ago 360 units Last month 325 units a. Using a simple three-month moving average, make a forecast for this month. (Round your answer to the nearest whole n..

  Define what is the learning curve

HEC's product (hydrogen fueled engine) under development took 160 hours for the production of its 2nd unit and 128 hours for its 4th unit. What is the learning curve. How much time did the first unit take. How much time would the production of the 1..

  Nike core competency is to create heroes

The MiniCase indicates that Nike’s core competency is to create heroes. What does this mean? How did Nike build is core competency?

  Commonly misunderstood in the communication process

Based on the chance that mistaken and misunderstood words can interfere with the communication message, determine more appropriate words that can be utilized than the three commonly misunderstood words you chose.

  Discuss how adultery and domestic violence

Discuss how adultery and domestic violence are contrary to the will of God. When is it permissible to divorce and remarry?

  What is the reduction in inventory value

A firm has redesigned its production process so that it now takes 8 minutes for a single widget to be made, from the beginning of the process to the end of the process. Using the old process, it took 15 minutes to make a single widget. If the product..

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