BUS3ENT-Individual Business Model and Plan-ASSIGNMENT

Question
CODEWORDS COUNTREFERENCE
BUS3ENT2500APA

QUESTIONS:

1.What is the size of the market? Is the market at full capacity?
2.What is the growth rate of the industry? How competitive is the industry? 3.What keeps new competition from entering this market (barriers to entry)?
4.Is there any trend that is affecting positively or negatively firms in the industry?
5.How can the market be segmented?
6.Who and Where are the targeted customers?
7.Where are customers getting the product now? Who are the major competitors in the market and how strong are they?
8.Where is the location of the business? How many customers would potentially purchase from you?
9.What are the options for developing the technology (customer, off the shelf, design by yourself, or subcontract)?
10.What technological changes are changing or emerging that may affect the business?
11.What are the options for producing the product or service? (in-house, subcontract, license, joint venture or partnership, or a combination of those options).
12.What are the options for sales and distribution? (in-house, whole sale, distributors or sales representatives, license, joint venture or partnership, or combination)
13.What resources are required for development and are they available to you (skills, raw materials, components, suppliers, facilities & equipment etc)?
14.What technical and management experience is required?
15.Who are the owners and what are their roles? (Entrepreneur, Manager, Technical Expert etc)
16.What is the ownership structure?
17.What are the manpower requirements?
18.How many employees will you need in the 1st, 2nd and 3rd years?
19.How will you find the right employees?
20.How will you compensate employees (pay for time, for production, for knowledge, or a combination)?
21.How will you motivate employees?
22.What training will they need on an ongoing basis?
23.What is the company’s growth strategy?
24.How will quality be managed and maintained?
25.How will organizational structures change with growth?
26.What career paths will employees have available?

in progress 0
1 Answer 724 views 0

Answer ( 1 )

  1. Susan White
    0
    Reply

    In the city of Kohinoor Bay, Food Chain, Inc. is a new food collection and delivery service. It’s a family-run company. Aiden, owner of Food Chain, Inc. has 10 years of hospitality experience in the industry. Sonia has seven years of experience as a cook with his wife and business. They both operated successfully a food supply business in Australia, which they sold for a pleasant profit when they wanted to move to the Kohinoor Bay area for family reasons. It is aimed at meeting or exceeding customer standards for excellent quality food, which is served rapidly and pleasantly. The business will run a 10-meile place with more than 600,000 persons and an increasing population.

Leave an answer

False