Explore business ideas for one that best suits your interest

Assignment Help Business Management
Reference no: EM131350205

Intro to Buisness

Surveys have consistently shown 60% of Americans would like to start their own business, but not nearly as many act on this desire. If a person is serious about pursuing this notion, one of the first things he or she should do is think critically about what business to pursue. The next step involves doing some research about the business services and products, and then it's a matter of putting those initial thoughts in writing.

Becoming a famous and wealthy entrepreneur like the founder of Facebook or Apple may not be at the top of your list, but for the purpose of your class project, let's say that it is. You will have to decide what business you want to go into, where you want to do business, how you intend to make money, then put that basic information into a research paper suitable for business planning purposes.

Your assignment:

Write 500-750 words that reflects your thoughts about a specific business in which you have an interest in starting. If you don't have any particular business in mind, you may do an internet search to explore business ideas for one that best suits your interests. One such site is https://www.entrepreneur.com/startingabusiness/index.html, but an expanded internet search can reveal a number of similar sites.

Your report should include:

• The purpose of the business in terms of the product or service you intend to provide through your business

• Your belief(s) about why this product or service would be profitable for a business

• At least two major obstacles that would get in the way of launching this business

• Other people, companies, or organizations, which have been successful with this, or a similar, product or service?

• Resources for additional information or help with your idea (people, websites, agencies, actual business contacts, trade associations, etc.).

Reference no: EM131350205

Questions Cloud

Produces a commercial product : XYZ Corporation produces a commercial product that is in great demand by consumers on a national basis. Unfortunately, near the plant where it is produced there is a large population of dove-tail turtles who are adversely affected by contaminants ..
Find the area between each curve : Refer to Exercise 13 of Lesson 15-2. Use the marginal cost function to approximate the cost for the company to produce one more widget when the production level is 20 widgets.
Mentor to personal growth within career : How important is a mentor to personal growth within your career? How do you find a mentor? Does that person need to work inside the organization with you? Or work outside and be an objective third party?
What is your personal adult educational philosophy : Using your knowledge of the various lines of philosophical thought within the adult education literature, and engaging in critical self-reflection, develop a clearly articulated statement of your educational philosophy as it pertains to the practi..
Explore business ideas for one that best suits your interest : If you don't have any particular business in mind, you may do an internet search to explore business ideas for one that best suits your interests.
Choose an ethical issue to write about : Choose an ethical issue to write about. You may choose from the list below or, with approval from the instructor, select a different socially-relevant topic. It is recommended that you choose a topic that you are familiar with or that you have som..
How much material is required for the patch : Sewing A patch in the shape of the region shown at the right is to be sewn onto a flag. If each unit in the coordinate system represents one foot, how much material is required for the patch?
What volume indicates site a is optimal : For what values of volume, V, of production, if any, is site C a recommended site - What volume indicates site A is optimal?
Find how far the ball would fall in the first six seconds : Refer to the graph at the right. Would the ball hit the ground within ten seconds of being dropped? Explain your reasoning.

Reviews

Write a Review

Business Management Questions & Answers

  Benefits of voluntary accreditation

Discuss the benefits of a health care organization going through voluntary accreditation such as JCAHO. Consider how voluntary accreditation can reduce liability issues in the health care organization.

  Determining the demand-supply analysis

An industry's supply and demand curves are given by the following equations: QD = 2000 - 4P and QS = 6P

  Explain how can knowing about different disciplines of study

Explain how can knowing about different disciplines of study (domains of thinking) help you to read and write critically as a student and a professional in the workplace?

  Current challenges employees face within the organization

Why does your company need a Code of Ethics? How can this Code of Ethics address the current challenges employees face within the organization? If implemented, what example may this document set for others in the news media industry?

  Major benefits to starting a retail company

Identify 4-5 major benefits to starting a retail company with and without using organized labor. Compare and contrast the differences in benefits for a retail company started without unions and later after unions were introduced.

  Examine how the perception of the product differs

Explain how leadership within the organization can instill a culture of ethics within the marketing department as they strive to advertise a product that is not healthy for the customer.

  Process or methodology of making

According to Merriam-Webster, optimization is the process or methodology of making something as fully perfect, functional, or effective as possible; specifically: the mathematical procedures (as finding the maximum of a function involved in this) ..

  Determine contact person within organization

Determine contact person within organization. Make contact with organization. Is an "in person" meeting necessary? Is there paperwork to complete? What are my responsibilities? What is the time commitment?

  Explanation of scientific management and its techniquemany

explanation of scientific management and its techniquemany companies have thought of the principle of frederick taylors

  Management and training developmentyour boss is interested

management and training developmentyour boss is interested in hiring a consultant to help identify potential managers

  How the two videos on perdue farms present the sharp contras

If you choose the advertising subject heading, reflect on how the two videos on Perdue farms present the sharp contrast between the way the company presents its product and the way in which it has been discovered to run its chicken farms.

  Explain what is the economic order quantity

Explain What is the economic order quantity and a distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd