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Explain Evaluating Trends
Imagine you are going into business in an industry of your choice. Assume that your business is located in the city or state where you live.
Identify at least three different sources of information you might use to learn more about the industry. Research these sources and complete the following:
Identify and evaluate the environmental, demographic, psychographic, and local geographic trends in your area that relate to the industry.
Identify a business opportunity, based on your research, in your chosen industry that could be implemented in your area.
Explain the risks and rewards associated with your business opportunity.
Explain if your business opportunity is feasible
Explain Brick and mortar firm and Discuss the advantages and disadvantages facing an existing brick-mortar-firm
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The third leg in the strategy tripod
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Explain The solution to Microsoft antitrust trial and industry structure is often measured by computing the Four-Firm Concentration Ratio
Management believes they can increase the price per chair by 10 percent in this new situation and improve profits by 10 percent. However, the sales department cautions that the price increase may decrease sales by 10 percent because the chairs wil..
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