Who needs a piece of advice to start a new business

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Assignment -

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)

i. Synthesis of the business idea.

d. References - Minimum of 5 maximum to 10 varied references.

Note: Support your answers with concept or theories with consistency to 'in-text citations' and with relevant references.

Verified Expert

The paper is the related to the introducing a new products and services in the Oman market. This paper also highlights the requirement of the new concept and to help it penetrate the market. This paper has been prepared in Microsoft Word Document.

Reference no: EM131783062

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7/3/2018 5:22:20 AM

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12/27/2017 12:00:27 AM

Subject: Project Management. No Of Pages/Words: 300words. The learning outcomes covered in this assessment – Develop some basic skills, understanding and appreciation of entrepreneurship and business venturing. Competently met the required information about the essay and the theoretical background of business idea. Proficiently discussed the relevant information on business identify as expected in the tasks. Proficiently discussed the relevant information on business requirements according to the expected tasks. Proficiently disclosed and synthesized business idea. Note: Support your answers with concept or theories with consistency to 'in-text citations' and with relevant references.

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