Reference no: EM1377116
Suppose that you and your two partners wish to start a firm that specializes in special occasion gift baskets for individual and corporate clients. You want to have a storefront in the local shopping mall or shopping area, as well as a virtual storefront on the Internet. You each have $1000 to invest in this business, but you will need more start-up capital. One day you remember that you have a distant relative who might be willing to fund your gift basket business, so you decide to write a letter to your relative, explaining what type of store you want to open and request the financing for the additional start-up costs of your store.
Note: You will be using the scenario of this store for other projects in this course.
Since you intend to open a retail store in the local shopping area, you will need to visit that area to determine what degree of competition you will face in the immediate future. You will also need to consider the other environments in which a business must work (legal, social, and economic) and how these environments will impact the start up of your business.
In your letter to your relative, you must include the following:
· a description of the retail store you will open
· a summary of the competition and explanation of how your store will differentiate itself from the competition
· a summary of the demand for your product(s) in this location?why will your business be successful?
· a summary of the legal, social, and economic issues that will face your business.
|
Compute cost of the first system per minute
: Two new checkout scanning systems are under consideration through a retail store. Arrivals to the checkout stand follow the Poisson distribution with = 2 per minute.
|
|
Case study - dawn riley
: Dawn Riley has leadership of a firm that she has constructed out of her hopes, dreams and past experience, in the man's world of yachting.
|
|
Develop a cure for cancer
: Develop a cure for cancer - Your cure may consist of a drug or treatment that would be intended for patients who already have cancer
|
|
Role of the compensable factors in the rating
: Describe with examples how the knowledge or skill needs of a job drive the evaluation rating and also describe with example the role of the other compensable factors in the rating.
|
|
Summary of competition and explanation
: Suppose that you and your two partners wish to start a firm that specializes in special occasion gift baskets for individual and corporate clients.
|
|
Characteristics of control system
: Night Tran Construction Corporation specializes in making small power plants, mostly for utility firms. The firm was awarded a contract approximately two years ago to make such a power plant.
|
|
Cost of medical benefits
: A firm discovers that the cost of its medical benefits has raised far beyond what was expected, and further increases are projected.
|
|
Design and implement an applet called circles
: Design and implement an applet called Circles that draws 50 circles of random diameter in random locations. If the diameter of a circle is less than a certain value, the circle is ?lled with the color yellow.
|
|
Standardizing employee selection programs
: Suppose you are the Sales Manager for Technocrat Gizmos, and your section is in desperate need of new Sales Associates. You post a job description in a local newspaper
|