Online taxi service is a very successful business these days. You are going to launch a similar type of carpooling service in Karachi. Conduct a feasibility analysis (Apply 4 components of feasibility analysis) and see whether the idea is viable or not? Follow all steps you learned in your Entrepreneurship course (Data gathering for concept statement is not required)

Q: The Boston Consulting Group (BCG) growth-market share matrix identifies SBUS and their related…

A: Market research is the process of determining the viability of a new idea. This research is…

Q: After launching a mobile app for business, what could be your plan B? Or contingent plan of action.

A: The first step in creating a contingency plan is to identify potential issues that could arise after…

Q: Scenario: Suppose one of your friends wants to develop online business. The main goal is to develop…

A: Electronic commerce or internet commerce refers to buying and selling goods or services over the…

Q: Make a "products and services" part of a business plan if your product is iced tea, milk tea, french…

A: A business is a separate legal entity who have similar rights and responsibilities as any other…

Q: Identify and the solve the entrepreneurial issues provided in the scenarios below. a) Sara has been…

A: Entrepreneurship development is the means of enhancing the knowledge and skill of the entrepreneurs…

Q: Identify a particular type of business you may wish to start. You are required to: 1. Develop a…

A: A business refers to an organization or economic system where goods and services are exchanged for…

Q: After learning about entrepreneurial process and marketing plan, try to create an acceptable…

A: Business Plan is a document which entail all detsails about the all business operations. Strategies…

Q: In order to improve on his ice-cream business, write the following sections of the business plan for…

A: In the given scenario we will be discussing step-by-step on designing a proper business plan with…

Q: Would opening their own retail stores be a risky decision for Sister Sky? How would this change the…

A: Sister sky is a company, popular for offering unique lotions, established by two sisters, Monica…

Q: Write a conclusion for the study and include your thoughts about the topic of this study

A: Market research is the process of determining the viability of a new idea. This research is…

Q: Think about a product that failed. Why did this product fail to capture market share? What about the…

A: The market refers to the interaction between buyers and sellers where goods services or resources…

Q: (b)Your startup has joined the accelerator cohort and is looking to take the product to the market.…

A: We can say that where competitive accelerators can help startups overcome resource constraints and…

Q: Develop a business model for the “startup” vertigo. You must discuss how all the components of the…

A: Starting a business can be exciting but it is full of uncertainty regarding delivering value to the…

Q: How would an entrepreneur apply comfort with risk when developing a product or service?

A: The term entrepreneur is used for the individual who develops a new business. These individual bears…

Q: Create a business plan for a company that sells freshly harvest fruits and vegetables and answer the…

A: Business planning is the act of establishing specific goals and laying out a plan to reach them. It…

Q: Start-Up Businesses Being an entrepreneur in a small and young market like Oman is not easy. It is…

A: The market research process can be defined as the process of choosing a problem, gathering…

Q: Determine whether the following statement is true or false: Finding a suitable buyer is the most…

A: An entrepreneurial venture alludes to a business or startup that is started and overseen by a…

Q: Create an introduction to your business plan. It must contain a business model and business concept.…

A: Business is an economic activity That deals with the trade and exchange between the buyer and…

Q: In General, there are FIVE (5) common traps that look attractive to entrepreneur by some criteria…

A: Entrepreneurship can be defined as the process of developing a new idea which has the ability to…

Q: Put yourself in the shoes of the VP for Marketing and develop a marketing plan for the next step for…

A: The marketing plan of a company is one of the most important documents prepared by any business as…

Q: discuss how this equation can be distilled into two component ratios: ‘margin’ and ‘turnover’, and…

A: As these two statements are closely related as if the companies turnover will increase its profit…

Q: In a paragraph format, briefly summarize what you learned in the articles about Understanding Your…

A: Marketing strategy is the aspect of marketing that deals with strategies or the organization…

Q: When evaluating a new business opportunity, what are the most important characteristics of the…

A: Understanding the features of the sector is crucial when assessing a new business opportunity to…

Q: CRM software. Act! is a type of customer relationship management software. Visit the website shown…

A: Customer relationship management is the activity of establishing and maintaining relationships with…

Q: If you work at a medical practice that appears to be busy and well-run but always seems short on…

A: The objective of the question is to identify the areas that can be improved to increase the revenues…

Q: Once you have performed your feasibility analysis, it is important to determine that a new venture…

A: When starting a new business, it is important to consider the industry and market in which you will…

Q: You have met a great friend at ERAU – Sally Soar. Sally is a pilot. She has approached you with a…

A: In general terms, entrepreneurs refer to a scenario whereby an individual decides to set up his own…

Q: Ani offers piano lessons in her home - students come to her home studio for their session. Sal also…

A: C) Direct Competitor

Q: eforage.com/virtual-experience/PZzm2ZTanL28Nqjqm/bclp/intervi uccess-awBIH) Create a cover letter…

A: Key references that provide foundational knowledge and practical advice for creating an effective…

Q: There are several ways to serve customers with business offerings. You are asked by your manager to…

A: When it comes to serving customers with business offerings, two main approaches are product…

Q: GO to the following website to find library resources and tutoring services by campus.…

A: The market for windows and doors is the one I've chosen to investigate. I chose this industry…

Q: "MY BUYER PERSONA" In this activity, you are going to create a BUYER PERSONA for Apple Inc. A buyer…

A: Apple inc. is one of the most recognizable brand with presence in more than 175 counties. The main…

Q: create a new business ideas, and choose two of your favorites. In this activity, you’ll evaluate one…

A: Note:” The  answer has been framed in a generalized manner.” A business idea is a plan for a…

Q: attractive target market (Ice Cream) is to find a market that’s large enough for the proposed…

A: Information which need to assess the attractiveness of a specific target are given below

Q: Think of a business you have been planning to start or a product you always wanted to sell in…

A: Over a million new items are released onto the Canadian market every year, but the majority of them…

Q: Evaluate potential solutions Show thoughtful and complete consideration of each proposed…

A: The above case concerns two proposals for developing a subscription-based business model for…

Q: Biomaterial entrepreneurial venture all began as a joint venture between two agricultural and…

A: The joint venture is a business entity and a cooperative arrangement among two or more business, who…

Q: hink of a feasible business that you plan to startup in your area. Commence in formulating the name…

A: A business is created to serve the need of customers and shareholders. For customers, solutions are…

Q: Select two guest service innovations that have revolutionized the hospitality industry in the last…

A: ANSWER : One guest service innovation that has revolutionized the hospitality industry in the last…

Q: Give at least 3 areas where entrepreneurs should look deeper into? Provide example. As an…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a…

Q: My selected company is aboitiz power, can you provide the following information additional…

A: A business plan is a written document that describes in great depth the goals and objectives of a…

Marketing Plan

A marketing plan is a roadmap used by a business organization to execute and track its marketing strategy. In other words, it is a set of specified actions intended to attract potential customers and clients and influence them to buy the product and services of the business organization.