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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. Ice Cream Shop feasibility analysis should consist of the following information: Part 1: Product/Service Feasibility A.Product/service desirability B.Product/service demand

You are required to generate an idea based on your opportunity recognition.  From the idea, you need to prepare a feasibility analysis. Ice Cream Shop feasibility analysis should consist of the following information: Part 1: Product/Service Feasibility A.Product/service desirability B.Product/service demand

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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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. Ice Cream Shop 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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