Assume youre going in business in an industry of your, Ask an Expert

Management Studies

Imagine you are going into business in an industry of your choice. Assume that your business is located in the city or state where you live.

Identify at least three different sources of information you might use to learn more about the industry. Research these sources and complete the following:

*Identify and evaluate the environmental, demographic, psychographic, and local geographic trends in your area that relate to the industry.

*Identify a business opportunity, based on your research, in your chosen industry that could be implemented in your area.

*Explain the risks and rewards associated with your business opportunity.

*Explain if your business opportunity is feasible

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M9174396

Have any Question?Write your Review or question?

Related Questions in Business Management

What should employers consider about compensation and

What should employers consider about compensation and benefits for successful recruitment of talented Gen Xers and millennials?

Discuss how we need to look into new technology and

Discuss how we need to look into new technology and methodology to improve the congestion of transportation and logistics?

Effective human resources professionals have a solid

Effective human resources professionals have a solid understanding of the changing nature of work and the workplace. Compare and contrast the evolution of work and the workplace over the past 20 years and how it has impa ...

How to create effective ethical polices in the work place

How to create effective ethical polices in the work place? What is the impact of ethical assessment in the work place? How to classify Alcoa's ethical work climate?

Do you think there is some type of diversity we really

Do you think there is some type of diversity we really aren't interested in? Or, perhaps what we really are looking for is an end to discrimination, but at some point in the last 10-15 years that has morphed into the con ...

Realizes that the price of socks increased from 500 a pair

Realizes that the price of socks increased from $5.00 a pair to $8.00 a pair. Now, Kenny only consumes 3 Nike Air Jordan shoes instead of his initial intent of purchasing 10 shoes. What is the cross price elasticity of d ...

In c languageread a double number as 2 digits after the

In C language: Read a double number as 2 digits after the decimal point. The number should have at least 6 digits BEFORE the decimal point. Extract all digits at even positions. Print them in reverse order. Extract all d ...

Paraphrase this answer bellowsuccessful implementation of

Paraphrase this answer bellow. Successful implementation of the TPP could have been regarded as the most important trade agreement that could have benefited members and non-members. The deal could have led to the liberal ...

With current technology suppose a firm is producing 500

With current technology, suppose a firm is producing 500 shirts daily. Also assume that the least-cost combination of resources in producing those shirts is 10 units of labor, 8 units of land, 3 units of capital, and 4 u ...

You are saving up to buy a toyota tundra which costs 35000

You are saving up to buy a Toyota Tundra, which costs $35000 now. You don't think the price of the Toyota will change over the next two years. You don't want to borrow to pay any of this cost. You now have $10000 toward ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert