Instruction: Make a business plan composing of the following: Follow the format below:My proposed product/ business (nameof your product business)(Put your answer here)Commonly produced product:Proposed innovation:Manpower:-specify what are the qualifications for hiring aworkerMethod:-system of transforming raw materials intofinished productMachine:-what are the machines or tools needed for yourproduct or businessMaterials:|-what are the materials needed for your businessor product.

My proposed business Mom's Magic Commonly produced product Biscuits Proposed innovation…

Answered: Instruction: Make a business plan…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Success is driven by how you use resources. Which of the following is harder for your competitors to copy? 6 Products and services Processes and culture Strategy and products Methods and strategy 5 Which of the following describes a pull system? Purchasing pre-selected pre-packaged deli meat from a cold case A local coffee shop that mass-produces coffee A customer ordering custom-sliced meat at a deli A dinner buffet at a restaurant An andon cord is useful for which of the following? Training workers Stopping a production process Wasting time Mistake-proofing a process
For questions 32-35, use the word list to label the circular flow diagram. I Household Market (Households Sell. Firms Buy.) 35. Market (Firms Sell. Households Buy.) Businesse 34. Product Factor Firms sell goods and services Households sell the factors of production Households pay for the goods and services
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