Part 1: Product/Service Feasibility A.Product/service desirability B.Product/service demand Part 2: Industry/Target Market Feasibility A.Industry attractiveness B.Target market attractiveness Part 3: Organizational Feasibility A.Management prowess B.Resource sufficiency Part 4: Financial Feasibility A.Total start-up cash needed B.Financial performance of similar businesses C.Overall financial attractiveness of the proposed venture
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You are required to generate an idea based on your opportunity recognition. From the idea, you need to prepare a feasibility analysis. Bakery feasibility analysis should consist of the following information:
Part 1: Product/Service Feasibility
A.Product/service desirability
B.Product/service demand
Part 2: Industry/Target Market Feasibility
A.Industry attractiveness
B.Target market attractiveness
Part 3: Organizational Feasibility
A.Management prowess
B.Resource sufficiency
Part 4: Financial Feasibility
A.Total start-up cash needed
B.Financial performance of similar businesses
C.Overall financial attractiveness of the proposed venture
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- 5. What is the difference between a feasibility study and a business plan? Properly cite your sourcesThe personnel manager ranked all the criteria, except salary, in order of importance and then assigned weights as follows: COMMITMENT100 MANAGEMENT EXP 70 IDEAS 65 CHARITY EXP 55 EDUCATION 10 *Note that, on the basis of the application form, all of the candidates appeared to be equally committed to the charity* Q: Discuss whether the method the personnel manager used to assess these weights is appropriateWhat is a feasibility analysis? What is an example of feasibility analysis that is not IT related (or even one that is IT related if you want to)? How did that experience relate to one or more of the feasibility tests for operational, technical, schedule, or economic feasibility
- What are the five major dimensions of feasibility study? What are three examples of activities performed during the planning phase?Provide a description of florida food stamp program and describe in detail the rational steps of that program. Also, discuss any changes that you would make to the program and why. Include information as to why the program was established, the need the program is addressing, the strategic steps taken when establishing the program, the goals of the program and what the overall outcome of the program is intending to accomplish. You can also discuss how the program is evaluated. Explain each step taken in the rational approach of the program you are describing.Evaluate potential solutions Show thoughtful and complete consideration of each proposed solution’s pros and cons.
- ANSWER THE FOLLOWING: 1. Statement of the problem 2. Causes of the problem 3. Decision criteria and alternative solutions 3. Recommended solution, implementations, and justifications Case study: The Kundiman Communications Corporation (KCC) is a local company with more than 2,000persons in its payroll. The company’s top management is composed of the President, VP for Marketing, VP for Operations, and the VP for Administration. A member of the staff, Engineer Lorenzo de Guzman, an electronics engineering graduate, has just received an order from his immediate superior, the VP for Operations, to head the newly built telecommunications facility in Antipolo, Rizal. So far, he is the only company personnel identified with the new facility. He was given three months to make the facility operational. Engineer de Guzman appraised that for the Antipolo unit to operate, it will require the services of a number of persons skilled in the various activities that will be undertaken. As he has been…Read the case study titled as "Case Study: Should a Dollar Store Raise Prices to Keep Up with Inflation?" by Jill Avery and Marco Bertini published in Harvard Business Review, and answer the following Questions: 2. Write all the information present in the case that would be helpful for decision. What other information should you gather, that would be helpful to know before making decision?Assume you are the newly recruited Business Development Executive for a leading plant nursery retailer. The management of the company has employed you as a Business Development Executive to undertake primary research on the following areas and present the research findings to the Board of Directors within the next two months. Expected areas to be covered in your research study are as follows: Unique features and benefits expected by adopters and potential adopters of individuals who engage themselves into houseplant and gardening for example, the design, performance expected, after sales service, benefits, and maintenance cost.