Examine firm supply structure to sufficient inventory

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Reference no: EM133277519

Assignment:

Paraphrase and use the roof sheet Glazed Tile Factory to the whole sentence

THE MARKETING ASPECT

Marketing aspect is one of the most important factor to consider when starting up business. In achieving the goal, the proponents will investigate the relevant factors that influence business operations, such as business opportunities and threats; environmental factors such as demographics, economics, natural resources, technological, political, and legal environment. Marketing analysis is crucial in identifying the company's demand gap, affected by the area's population, eligible buyers, and the average amount a buyer might spend on a single product.

Additionally, the researchers will also examine the firm's supply structure to provide sufficient inventory, to compliment the expected monthly sales of the business. The number of recognized competitors joining the market, will impact the company's annual demand for supply.

Furthermore, this study will outline the marketing program that will be necessary during the company's development, including the saturation of the target market, production, pricing, distribution strategy, and promotion plans.

In this chapter, the researchers will assess the information received from the respondents in order to provide them with the necessary data to ascertain the feasibility of the establishment of the firm.

Reference no: EM133277519

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