Business opportunities and expanding into new markets

Assignment Help Operation Management

Reference no: EM132166943

Developing a Sustainable Small Business

Read the case study titled "Pre-launch decisions which influence innovation success" found in Chapter 7 of your textbook.

You will then write a four to five page paper in which the following items are addressed.

1. Discuss the necessity of short-term and long-term forecasting for developing the key elements of the business plan.

2. Evaluate the importance of developing formal and informal networks when building new business opportunities and expanding into new markets.

3. Discuss the importance of knowledge management in the digital age and identify two risk organizations must address to mitigate competitive pressures.

4. Consider the various components of a business plan and identify two components that you believe would be the most challenging for you to complete as an aspiring entrepreneur. Next, discuss what could be done to help you overcome this challenge using technology.

5. Use at least two external sources.

Reference no: EM132166943

Questions Cloud

What is going to happen if i appeal : How can they put me in jail for 3 days? My other buddy was actually texting while driving and only got a $100 fine.

Develop a total cost function based on the data : You have been provided with the following information regarding ABC Ltd for the year ended 31 December 2014: Develop a total cost function based on the data

Identify the best method of analysis : For each of the research questions below, identify the variables and the method of analysis to best answer the question. The best method of analysis may.

Categories required to measure suppliers performance : Evaluate the importance of the key information categories required to measure suppliers’ performance. Consider Customer Lifetime Value (CLV).

Business opportunities and expanding into new markets : Evaluate the importance of developing formal and informal networks when building new business opportunities and expanding into new markets.

Briefly explain the nature and purpose of accounting : FINANCIAL ACCOUNTING ASSIGNMENT - Briefly explain the nature and purpose of accounting for depreciation

Distinction between explicit knowledge-implicit knowledge : Briefly in your own words describe the distinction between explicit knowledge and implicit (tacit) knowledge.

Five bullets each of the pros vs. cons for operating : Five bullets each of the Pros vs. Cons for operating in that county. What is your risk mitigation back up plan to prevent failure.

Areas of scripture are applicable to leadership : How can these verses help us to develop as Christian business leaders? What other areas of scripture are applicable to leadership?

User Account

All Pages