Efua Babyson (not a real name) completed Fashion Design Programme at a Technical University in Takoradi. Efua decided to join a dress-making group to gain experience for her career. In the course of her internship, Efua 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 the conceived business idea?
Efua Babyson (not a real name) completed Fashion Design Programme at a Technical University in Takoradi. Efua decided to join a dress-making group to gain experience for her career. In the course of her internship, Efua 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 the conceived business idea?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Efua Babyson (not a real name) completed Fashion Design Programme at a Technical University
in Takoradi. Efua decided to join a dress-making group to gain experience for her career. In the
course of her internship, Efua 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 the conceived
business idea?
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