Solution-Explain the rationale for the strategy in detail

Explain the rationale for the strategy in detail

Reference no: EM131153196

Assignment: To Build or Buy

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: EM131153196

Questions Cloud

Create a feasibility study for harley-davidson : Create a Feasibility Study for Harley-Davidson using the following outline: A description of each brand that provides a clear picture of the brand and its place in the overall portfolio of Harley-Davidson. The target market of each brand

Balanced scorecard approach : The company that I have selected is Starbucks. Can you help with this? Balanced scorecard approach and ERRC approach (eliminate, raise, reduce, and create, to critique their strategy. identify which of the items in each approach are present and adequ..

Strategy is the long term plan : A strategy is the long term plan which the organization adopts so as to achieve the objectives of the organization. The blue ocean strategy is considered as an efficient strategy which focus on the better execution and communication. Explain the rati..

Determine the optimal processing plan for the meat market : A meat market manager for a large grocery store is preparing a processing plan to stock the shelves with sausage, ground meat, and jerky, which he can prepare from beef, pork and venison. Sausage and ground meat can be made of any mix of the beef, po..

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

Western chassis produces high-quality polished steel : Western Chassis produces high-quality polished steel and aluminum sheeting and two lines of industrial chassis for the rack mounting of Internet routers, modems, and other telecommunications equipment. The contribution margin (contribution toward pro..

Find an optimal solution to the model : A winemaker in California's Napa Valley must decide how much of two types of wine she will produce from a particular variety of grapes. Each liter of table wine yields $8.25 profit, while each liter of desert wine produces $3.25 profit. Find an optim..

Examine the budget as an effective management tool : In a research paper, evaluate the key role budgets play in the strategic planning process. Be sure to address the following: Examine the budget as an effective management tool. Explain how you would formulate the budget as a best practice used to uph..

How many programs should the baseball organization print : A professional baseball organization chooses to sell game day programs. Demand for game day programs is normally distributed with a mean of 2,000 and standard deviation of 300. If the marginal loss is $1 and the marginal profit is $3, how many progra..

User Account

All Pages

Explain the rationale for the strategy in detail

Reference no: EM131153196

Reference no: EM131153196

Questions Cloud

Reviews

Write a Review

Other Subject Questions & Answers

Introduce chinese characters

Neurotransmitters is primarily involved

Compare the two selected occupation descriptions

Explain debited to owner''s capital and credited to cash

Professional values and ethics paper

Patient protection and affordable care act

What is the cartoonist''s opinion on the issue?

Discuss erikson eight stages of human development

How they will fundamentally work in today economy

Compare and contrast strategic planning-strategic

What are the three types of patents

Continuous distribution with distribution function

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT