Importance of business idea

Assignment Help Business Management
Reference no: EM131782254

Assessment Brief

Assume that you are one of the best business management specialists and just newly hired in the consultancy firm.

One client is referred to you by the general manager.

You are required to do the following tasks to address the need of the client:

Tasks:

1. Write a short essay for the client who needs a piece of advice to start a new business which is totally different in Oman market.

2. Follow the structure and the required contents as specified below:
a. Introduction (75 words)
i. Brief information about the essay
ii. Theoretical background that relates the importance of business idea with in-text citation
b. Focal Business Concerns
i. Business Identity (75 words)
- Description of Products or Services
- Importance of the product to the customers
- Explanation of business need
- Advantage of the business compared to those that are existing in the market
- Location of the business and its justification
- Estimated start-up capital and its explanation
ii. Business Requirements (75 words)
- Environmental Analyses
- Pricing Strategy
- Customer Demographics
- Competitors
- Advertising and Promotional Strategies
- SWOT Analyses of the Business
c Conclusion (50 words)
Synthesis of the business idea.
d. References - Minimum of 5 maximum to 10 varied references.

Verified Expert

The assignment covers a practical approach of the business in the form of an essay. It involves three brief descriptions of important elements i.e., Introduction, Business Identification and Business Analysis. It also gives a hypothetical business venture of a telecom market and explains all these elements.

Reference no: EM131782254

Questions Cloud

What is the correct amplitude : If the amplitude indicated by the pickup (relative amplitude between pickup mass and frame) is 0.052 cm, what is the correct amplitude?
Compute the variable overhead spending and efficiency varian : Compute the variable overhead spending and efficiency variance, Computation of materials, labor, and overhead variances
Run the program without invoking the python interpreter : Scripting. As a follow-up to Exercise, create "Hello World!" as a Python script that does exactly the same thing as the interactive exercise below.
What acceieration is transmitted to the instrument : A sensitive instrument with mass 113 kg is to be installed at a location where the acceleration is 15.24 cm/s2 at a frequency of 20 Hz.
Importance of business idea : Write a short essay for the client who needs a piece of advice to start a new business which is totally different in Oman market.
Determine the amplitude of vibration of the block : Determine the amplitude of vibration of the block and the force transmitted to the floor.
Provides the umbrella for a set of concrete business models : In approximately 300 words, explain why business strategy provides the "umbrella" for a set of concrete business models.
Develop a public relations plan : Develop a public relations plan. Develop an 8 step plan for an organization of your own invention (Wine)
Analyze the attributes that make the vision meaningful : Analyze the attributes that make the vision meaningful. Evaluate whether or not the vision statement encourages organizational change.

Reviews

inf1782254

7/2/2018 5:19:54 AM

i love this website . the assignment is on time. grade comes very good . the experts are very helpful . thank you so much for all of your help. I am your regular client... just keep giving me some discounts.

len1782254

12/26/2017 5:06:19 AM

Marking Criteria: Gauge for Evaluation a Brier Monte*, stout llse essay b. Thexedcal backgreurd tat relates the imparts= of bUlilleS5 idea n-textetaton a Business Ided* • Desogooe °I Products or Senates • importance of Na PfOilXilo she Dormers ? Excising* of business need Addy age d the tarsints compared b base rotate titre in the market • lecatco or be busies and its sdbfraton • Esenated stact-u2 capteal and es eartinatcn Does not Mete the Expectation IrCOMPernry rues the roqu'red internabon shekel Me essay and me theoretical *aground of business idea Does not Meet the Expectation 1. Atlemptd to present the information on buseess identty but poorly met the exteected outcome of the tasks. Barely dscussed the informaten on &minx& identity then Dirty met the expelled cutoome of the tasks. Meets Expectation (1623) The informaten on business identity was accepts* discussed wain re context of mile tasks expected outcome. Proficient/ docussed the rekivant infornotien on breaness dentY as expected M the koks.

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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