Referring to your ongoing small business venture idea

Assignment Help Operation Management
Reference no: EM131663356

Referring to your ongoing small business venture idea (BASED ON THE WEAVING INDUSTRY IN INDIA), discuss the following:

1. Describe any physical facilities you will need (retail, warehouse, etc.) Where will you locate these facilities? Explain why you chose this location (proximity to transportation, target market, suppliers/raw materials, etc.) If you will have no physical facilities, explain why.

2. Describe a general HRM/staffing plan based on your needs. What types of employees will be needed, and how many? Where will you find these employees?

3. Describe a general Information Systems plan based on your needs. What types of data will be important for your firm to gather and analyze? How will this data be shared inside and/or outside the organization?

4. Capital resources will likely need to be secured at startup and on an ongoing basis. Where will you get these resources? Would you prefer debt or equity financing? Why?

Reference no: EM131663356

Questions Cloud

What does she need to sell : She estimates each glass of lemonade cost her $1 to prepare for sale. What does she need to sell it for in order to make $1.50 of gross profit on each glass
Classification of costs and manufacturing sector : Classification of costs, manufacturing sector. The Cooper Furniture Company of Potomac, Maryland, assembles two types of chairs (Recliners and Rockers).
Disney should pursue alternatives to acquisitions : Given the build-borrow-or-buy framework discussed in the chapter, do you think Disney should pursue alternatives to acquisitions?
Policy for government during a recession : Explain which perspective, Keynesian or Austerity, is better policy for government during a recession.
Referring to your ongoing small business venture idea : Describe any physical facilities you will need (retail, warehouse, etc.) Where will you locate these facilities?
Discuss a key step in evidence-based practice : The first step of the EBP process is to develop a question from the practice problem you drafted
What are closing entries for sage co on december : Presented below are selected account balances for Sage Co. as of December 31, 2017. What are closing entries for Sage Co. on December 31, 2017
Identify public service culture present in the given case : Identify public service culture present in case and explain why Wise argue that public service motivation is found more in government than in private sector.
Plans for different levels of monthly long-distance calling : Draw a graph of the total monthly costs of the three plans for different levels of monthly long-distance calling.

Reviews

Write a Review

Operation Management Questions & Answers

  Find the effective gross hourly cost

Find the effective gross hourly cost. What is the job cost if a job will require 10 man-hours with a productivity of 94%?

  Formulate an inventory policy for the two products

Consider two products A and C. Forecasted annual demand for Product A is 2,000 units and for Product B is 12,000 units. Assume that both products are purchased from a supplier, and there is a $200 transaction cost for each order. Formulate an invento..

  Competitive advantage for an entrepreneurial firm

Which is not a competitive advantage for an entrepreneurial firm?

  What does the UCC say about contracts between merchants

What does the UCC say about contracts between merchants? Let's be sure to cite the sections of the UCC that support your positions. Does "reasonableness" have a role in rejecting delivery? How about the impact of a merchant parties compared to indivi..

  Project is routine once you have the client agreement

Closing a Project - Closing the project is routine once you have the client’s agreement that all deliverables have been met according to scope outlined in project contracts. Closing the project consist of six major steps. List and define each step. I..

  Major issues such as immigration reform and gun control

When Congress is unable or unwilling to act on major issues such as immigration reform and gun control,

  Special type of contract that prohibits commerce directly

A covenant not to compete is a special type of contract that prohibits commerce directly in the business world. There are, essentially, two primary types of contracts not to compete: Do these non-compete clauses fundamentally and necessarily interfer..

  Strategy distinguish company from its competitors

Find a recent article on the strategies of an organization in an industry of interest to you. How does this strategy distinguish company from its competitors.

  Company will not be able to remain competitive

You are the Human Resource Manager for a 30-person t-shirt design company located in New Castle, Delaware. The business is in the third year of operation, but sales have started to decline. The owner is concerned that consumers are choosing to purcha..

  Challenges in analyzing software development projects

Describe briefly the five (5] key stakeholders in most projects. Class, scheduling involves production of both the network diagram and Gantt chart. Is it necessary to produce both? Why, or why not? Describe some of the challenges in analzyzing softwa..

  Linkage between the pairs of metrics

Specifically describe the linkage between the following pairs of metrics (Note: In each pair, the first metric is the kind of measurement the supervisors and managers would monitor and be evaluated on, and the second is the bigger picture metric t..

  How is it that tort law is inadequate to deal with crime

Explain the following quote from Richard Epstein: " The moral case behind strict liability is that the distribution of gains and losses matters as much as the total size of the social pie." How is it that tort law is inadequate to deal with crime? Ho..

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