7. Mrs Bayson completed Fashion Design Programme at a Technical University in Ghana . Mrs Bayson decided to join a dress-making group to gain experience for her career. In the course of her internship Mrs Bayson has observed that there are always a lot of beautiful pieces of leftover clothes that go waste thereby requiring the shop to spend money to dispose them. She is then thinking of designing fashioned carrier bags with the leftover clothes. Efua needs ideas on what factors to consider in decide to go or not go for the development of the conceived business idea. (a) Discuss four key things to consider in deciding to pursue or not to pursue the conceived business idea (b) Discuss one social or environmental problem that would be solved by Efua’s business idea should it become a reality

Q: 1. Differentiate between mechanized, semi-automated, automated, and information-directed handling…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Merchandise sometimes flows backwards from consumer to producer. This is known as a(n) reverse…

A: A distribution channel is composed of various institutions that facilitate the physical exchange of…

Q: In the context of e-commerce, what challenges and considerations arise in terms of packaging, and…

A: Packaging plays an important role in electronic commerce since it is associated with customer…

Q: stems and environment affect the way the corrugated boxes work?

A: Transport packaging is critical in safeguarding goods from the production site, office, retail shop,…

Q: You have been tasked by Corica Pastries, to setup a retail location anywhere in Malaysia, to…

A: In the given excerpt we will be looking at the case of Australia's Corica Pastries, which was…

Q: What is the use of Electronic Data Interchange (EDI) & Radio Frequency Identification (RFID),

A: Radio Frequency Identification (RFID) technology, an essential component of the business IT…

Q: Make a list detailing the many ways in which the BUY ITEM function of Shoppee's e-commerce software…

A: Shopee's e-commerce software offers a versatile BUY ITEM function that caters to a multitude of…

Q: (Supply) - Think about and do a bit of research on the different raw materials and their sources for…

A: dishwashing soap    Laundry detergents, often called dish detergent, dishwashing soap, or dish soap,…

Q: supply

A: A supply chain is an arrangement of interdependent systems, resources, capacities, and technologies…

Q: List all of MLM's (Martin Marietta Materials) competitors both in the US and internationally.

A: Competitors refer to firms who are also in the same business and may target the same group of…

Q: What is the document called that tells the retailer's distribution centre what is specifically…

A: A retailer is the one who supplies goods directly to the consumers and issues various types of…

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.