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- What are the 3 underlying problems with Playboy? Please justify your assertion(s).? Contrast this with the biggest advantages of this firm. How do they interplay?please refer the below case link and solve the questons https://www.scribd.com/document/360480894/Caso-The-Rise-and-Fall-of-BlackBerry Porter’s 5 forces modelfactors 1. Bargaining Power with respect to New Entrants•Economies of Scale•Product Differentiation•Capital Requirements•Switching Costs•Access to Distribution Channels•Cost Disadvantages independent of Scale•Government Policy 2.Threat of New Substitutes•Availability of substitutesthat can perform same or similar functions•Potential returns of an industry in terms of profits•Ability of the company to charge higher prices 3.Bargaining Power vis-à-vis Competition: •Numerous or few equally balanced competitors•Slow industrial growth•High fixed or storage costs•Lack of product differentiation•Industry Capacity•Diversecompetitors•High strategic stakes 4.Bargaining power of Buyers (Customers)•Availability of Choice to Buyers•Large number of customers•Product is very important to customer•Dependency on distributors•Buyer information…1. Find entrepreneurs who have developed their venture by solving a problem? 2. The regulatory requirements and statutory bodies involved in starting a business? 3. What is concept test? Write one-page concept test for your product? 4. What are the most suitable distribution channels for banking sector? 5. On the basis of different financial sources discussed, suggest appropriate options to solve the financial problem of restaurant owner (with proper justification). 6. Define business plan and explain each and every element of business model development. 7. Discuss the one central government’s and one state government’s policy for start-up funding in India.
- REFLECT! (Use extra sheet if necessary) Entrepreneurship greatly affects the country's development but nowadays, our country is facing a massive problem called COVID19 which affects almost the entire operations of businesses, government agencies and the public. Give at least one (1) positive effect and one (1) negative effect of this pandemic in the country's development. Justify.OneoftheusesofinternetisfacilitatingbusinessoperationslikeE-commerceandE- Business. ▪ GivebriefdescriptionaboutE-commerce ▪ WhatarethemainfeaturesofE-commerce?Listandexplainusing examples.nitel Abdulia Austria who started her entrepreneurial journey with just P600. With that epital, she chose to open a small sari-sari store and engaged in direct selling. Eventually, he was able to purchase boats and open a small tourist inn nameal Uno Duz Tourist Inn. A. It has a potential for high profit margin. B. It considers your personal experience. C. It has no dominating competitors. D. It is easy to reach market. 2. Choosing between wood-carved products and strawberry vinegar, a souvenir shop owner in Baguio City noticed that it is easier to sell the strawberry vinegar to tourists than the wood-carved products. imob on antI0 0 combenou heb of asl shaM .8 A. It is affordable to scale to mass production.w ebla B. It has a potential for high profit margin. a C. It has no dominating competitors. Megua D. It is easy to reach market. 3. An entrepreneur made different designs of ref-magnet especially for those who are fond of collecting them. T0o pnilsnimob on asd il 0 A. It is…
- Explain the following benefits of am entrepreneur ° create on destiny ° reach following potential ° generate improsive wealth ° make am difference1. If you will become an entrepreneur someday, what do you prefer licensing or franchising?Justify your choice. 2. Give one (1) example of existing business in the Philippines which offers licensing and franchising. Illustrate the nature and location of the business.Pulin Kayastha was simply amazed. He had seen all forms of hostilityand marketing warfare in the consumer goods industry, but to seesimilar warfare in the health industry fascinated him. Clearly, he toldhimself, doctors had found consumers in their patients. At least, that’swhat the concept note sent by Dr. Ajit Varman, country manager ofRecovery Clinics and Hospitals, seemed to indicate. Varman andseven other senior doctors had left Karuna Nursing Home andHospital to set up Recovery, which, as the note said, “would beentirely devoted and dedicated to customer responsiveness”.Pulin was a management consultant and was recommended toRecovery by the marketing director of Regrow Pharma, a largepharmaceuticals company in Mumbai. In fact, the suggestion to set upRecovery came from a non-resident patient, Dinesh Shah, who wasundergoing treatment at Karuna’s large specialty hospital in CentralIndia. It was in the course of his interaction with the doctors that Shahsensed their unhappiness with…
- 3. The following information is related to MyBarang's business. MyBarang Sdn. Bhd. founded by Ms. Rosnah Binti Roslan, 70 years old, is one of the largest retail and wholesale business groups in Malaysia. Currently, MyBarang has operated more than 120 branches throughout Malaysia covering urban and rural areas consisting of 17 hypermarkets, 10 supermarkets, 9 bazaars, 16 mini markets, 6 convenience stores and 6 franchises. The company's vision to be a leading producer of "halal" goods and services in the world and the company's mission to be a leading company in wholesale and retail have provided the best value and a wide selection of products through excellence based on ideas in business. In carrying out social responsibility activities, the MyBarang group is a supermarket that is involved in the retail store transformation program and acts as an advisor and is trusted by the government as the operator of Official National Retail Stores for the purpose of reducing the burden on rural…EveryDay Co. is a 24-hours grocery chain operated by you and other 2 partners. It is said that after launching the company, many disagreements arise due to the fact that each partner has its own way of running the business. Based on the case above, kindly answer the following questions. 1. If you were to launch the company today, outline what steps you would need to prevent such things to happen. 2. Given the case above, who is your target market? 3. Which industry would it fall under? Is it a profitable industry? 4. Who is your primary competitors? 5. How can you gain competitive advantage over your competitors knowing that you are a new entrant in the industry?Subject; Entreprenurship Need unique and different business idea model as your own or as it is but you should be able to explain and proof the viability of the business idea in Pakistan.