UNDERSTANDING BUSINESS: SIMNET >IC<
UNDERSTANDING BUSINESS: SIMNET >IC<
12th Edition
ISBN: 9781307367065
Author: Nickels
Publisher: MCG/CREATE
Question
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Chapter 1, Problem 3VC
Summary Introduction

Case summary: The start of G Company was done to assure the response to every odd time hunger strike across the country. The trend to serve first the students and then the families showed the increased demand for this online food order scheme. The entire businesses requirements that are the business and legal environment, technology, social as well as the global environment were favorable in the country. G Company tends to face the global competition from several same work company in the country and plan to expand and improve with every next day.

Characters in the case:

The characters from the case mainly include the G Company, U Company, A Company, P Company and the D Company.

Adequate information:

The case explains about the success of the online food order and delivery scheme from mere a startup. It wanted to inquire if the restaurants are a safe option for success as a startup in the entrepreneurial field.

To determine: Whether the restaurant industry seems to a stable option for the individuals that aspire to be a successful entrepreneur.

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