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

Questions Cloud

What specific steps would you recommend to brian : What specific steps would you recommend to Brian for him to better assess this opportunity? What specific opportunity is available to Brian and how would you describe it to a potential investor
Is there any truth to the potential investor comment : Is there any truth to the potential investor's comment? Is the lack of uniqueness going to hurt George's chances of success? Is it possible the lack of uniqueness allows George to introduce a different value proposition? Explain
How does the current share price compare to what analysis : Note on the examples: Value Line has a very unique format. The data is there is some discussion of key factors. The other example(s) better reflect what your submission should be similar to. Normal 0 false false false EN-US X-NONE X-NONE
Explain the challenges involved in new-venture development : Explain the challenges involved in new-venture development. 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 pitfa..
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..

Reviews

Write a Review

Operation Management Questions & Answers

  How an organization''s structure and culture might change

Why would an organization choose a corporate level strategy to expand its value-creation activities beyond its core domain? Discuss how an organization's structure and culture might change as the organization begins to enter new domains.

  Develop 95 percent confidence interval for average price

The Minneapolis Star Tribune newspaper has decided to write an article about gasoline prices in the Twin Cities area (Minneapolis and St. Paul).

  What would this practice imply for the role

Some companies have derailed affirmative action plans, complete with goals and timelines, for womaen and minorities, and yet have no formal human resource plan for the organization as a whole. Why might this be the case?

  What run quantity should be used to minimize total annual

What run quantity should be used to minimize total annual costs? Do not round intermediate calculations. Round your final answer to the nearest whole number.

  How the continuing mobility of us consumers

Explain how the continuing mobility of US consumers as well as the development of big metropolitan areas should affect marketing strategy planning in the future. Be sure to consider the impact on the 4 P's.

  Governmental activity from the second list

Select one of the laws listed below and explain how it has changed the staffing process.  Also select one governmental activity from the second list and explain how it influences staffing. Respond substantively to two other learners.

  What is her break even point in dollars

If she anticipates demand for 20 barges during the next year, should she enter this Business?

  Describe a project selection process

Describe a project selection process from either the literature or an organization of your choice. If it's from the literature, please submit the article; if it's an organization.

  Explain the ethical considerations surrounding such lawsuits

Explain the ethical considerations surrounding such lawsuits in the health care arena.

  Create an idea for a new reality television show

Create an idea for a new reality television show. What competitive advantage does this show have over existing shows? How many and which differences would you promote? What is your positioning statement for this television show?

  The profit-leverage effect of supply savings means

The profit-leverage effect of supply savings means that:

  Examples of rewards that a supplier can receive

Some supply management experts argue that suppliers should not receive rewards for doing something that is already expected (i.e. continuously improving quality). Do you agree with this position? (yes) What are some examples of rewards that a supp..

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