User Account

All Pages

What is the market potential for product

Assignment Help Business Management
Reference no: EM133019879

Case 1: Mobile Juice Factory Case 1: Mobile Juice Company Watch the...Case 1: Mobile Juice Company

Case 1: Mobile Juice Factory

Watch the video (the link provided) 

https://www.cbc.ca/dragonsden/m_pitches/mobile-juice-factory

Read the article: The time is ripe for ugly fruit and vegetables (Forbes Magazine March 2020) 

https://www.forbes.com/sites/briankateman/2020/03/02/the-time-is-ripe-for-ugly-fruits-and-vegetables/#5a74d6614a85

Discuss the case considering the following questions:

  1. Frank Deiter has invented a mobile self-powered juice press that can operate in an orchard. What is Frank's business concept?
  2. What is the market potential for this product? How many market segments might find this product appealing?  
  3. What components of a business plan are required to bring this product to market? 
  4. Frank Deiter claims that the machine can generate enough revenue within one season to pay back the investment. Are there different revenue streams that can be realized from this product? How would a business plan assist Frank in projecting sales? Costs? Cash flows?   
  5. The Dragons ask Marlow if the Mobile Juice Factory had made an income for him. Does this product have franchising potential? 
  6. Frank Deiter is an inventor but not necessarily a savvy businessman. How can business planning help make the Mobile Juice Factory a success?

Reference no: EM133019879

Questions Cloud

Determine the status of director : On the Directors worksheet, in cell D2, enter an IFS function that will determine the status of each director, based on the following conditions.
Make a trial balance on March : Paid for gas and oil for our own truck used for deliveries of goods to customers, $95 plus HST. Make a trial balance on March
Describe the six basic concepts of tqm : 1. Describe the six basic concepts of TQM. 2. Explain the various Dimensions of Quality.
What should be done to ensure institutional knowledge : What should be done to ensure institutional knowledge does not leave with the retiring workers?
What is the market potential for product : Frank Deiter has invented a mobile self-powered juice press that can operate in an orchard. What is Frank's business concept?
What is the amount of their Credit for Child Care : They incurred $3,800 of qualifying childcare expenses during the year. What is the amount of their Credit for Child and Dependent Care (from Form 2441)
Evaluate the methods available in ambari : In your initial post, evaluate the methods available in Ambari to analyze the datasets, and identify the tools that proved most useful in your initial analytica
Discuss the role money plays in the financial system : Discuss what comprises the modern financial system and discuss its major purpose. Discuss the role money plays in the financial system
Evaluate the potential economies of scale : Evaluate the potential economies of scale that Starbucks might experience from further expansion.

Reviews

Write a Review

Business Management Questions & Answers

  Elements of finishing a human resource project

Analyze the balanced scorecard approach as it applies to human resource projects. What differences are clear in this analysis? Prioritize the elements of finishing a human resource project. Define your critical path of the project.

  Practicum experience about pediatric-adolescent practical

You are about to write practicum experience about pediatric and adolescent practical experience at your site.

  Identify the different approaches used to promote disneyland

What means does Disneyland Paris use to set its prices for all goods as well as services? Identify the different approaches used to promote Disneyland paris

  Determining the average real risk-free rate

You've observed the following returns on crash-n-burn computer's stock over the past five years: 13 percent, -8 percent, 16 percent, 16 percent, and 10 percent.

  Achieve better performance

Describe a time at school when you were dissatisfied with your poor mark, using goal setting theory, suggest three strategies

  Average cost and marginal cost functions

If the wage rate is w, what are the total cost, average cost, and marginal cost functions?

  Spotlight on the civil rights act-discrimination

Spotlight on the Civil Rights Act-Discrimination Based on Gender. Burlington Coat Factory Warehouse, Inc., had a dress code that required male salesclerks

  What is the sellers expected revenue in given case

What is the individually rational, incentive-compatible direct selling mechanism that maximizes the seller's expected revenue?

  Potential to expand globally into an international market

The feedback from your instructor and your peers will help you narrow down your choice to one organization for the next module.

  What are the benefits of marketing with social networks

What are the benefits of marketing with social networks? Provide examples in support of your response.

  Upcoming presidential elections

A HR Management Approach) , do you think there is too little or too much government intervention? Explain your answer. What effect do you think the upcoming presidential elections will have on government intervention?

  What is stakeholder management

We have a group report and the specific topic I need to discuss is Stakeholder Management and Strategy Priotization.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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