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The text emphasized that entrepreneurs gain a competitive advantage when they assess their external environment independently. Recall the eight critical steps discussed in the analysis of the external environment. The last step in the assessment was to determine your competitive advantage.You are a motivated entrepreneur and your new business goal is to open a/an State your business ( for example- GYM). You started your business plan and the next item on your agenda is to analyze the external environment. The final step in your external analysis is to assess how you will gain a competitive advantage in your industry.Discussion Questions:
Perform a google search with the key words "stating your business type" in the location where you plan to open your new business.
How many similar businesses did you find?
What is the distance between where you want to open your business versus the location of the other competitors?
Summarize how you will gain a competitive advantage over the competition.
What can you say about your ability to motivate yourself in your new position? What is likely to be the motivational state of your staff in this scenario?
Discuss three inventory factors that you believe could present problems for a business. Next, what strategy that is a that would help mitigate these challenges.
Assume that the purchase value of transactions, x, at Edgars stores are normally distributed with a mean of R244 and a standard deviation of R68.
Analyze how the uninsured are provided care anthe impact and cost of not having insurance on patients, providers, and society as a whole?
1. A restaurant sells pizza at a rate of $13.65/slice. Expenses for the restaurant include raw material for pizza at $8.65 per slice, $198.00 as monthly rental
BCO2000 Assignment 3 Business Process Modelling - Explain why an Organization may decide to implement a reengineering process
Use the Internet to research articles on confidence interval and its application in business. Select one (1) company or organization which utilized confidence.
Discuss various types of market entry methods. What are some examples of political and legal barriers that may eliminate a potential country from market entry?
What are the obstacles faced while undergoing research in this field? Elaborate on the future prospects of business history.
Imagine that you are starting a business, and you must prepare a PowerPoint presentation to explain your business plan to potential investors and/or lenders. Develop a 9-12-slide presentation in Microsoft PowerPoint format.
1. Explain feminisim in detail. 2. Explain feminist theory in detail. 3. Explain feminist theory in regards with the Queen Elizabeth 2.
What are some causes of stress among employees when organizational change happens? How can managers help mitigate that stress?
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