Question: Do question no 4 ,5 ,6 only ,related to case study Q6: 6. What are potential problems that Mandy could face in her business. Give

Do question no 4 ,5 ,6 only ,related to case study Do question no 4 ,5 ,6 only ,related to case
Q6: 6. What are potential problems that Mandy could face in her business. Give FIVE possible problems that she might encounter in the business.
Case Study 2: Identifying Entrepreneurial Opportunity Mandy Tillman was a high school student who lived in a rural area of Oklahoma. Mandy was only fourteen years old but wanted to make some extra money for her family's trip to the Grand Canyon the following summer. While shopping with her parents, she noticed there was only one place in town to buy flats with flowers and vegetables for spring planting, and there was not much of a selection. Mandy made a note of the various types of plants and flowers the store sold and how much they sold for. When Mandy got home from shopping with her parents, she went online to see how much the seeds and equipment would cost. Her parents liked the idea of Mandy earning some money of her own to spend on vacation and made a large area in the basement available for her to start her plants. Questions 1. In your own words, describe Entrepreneurial Opportunity. (2 Marks) 2. Based on the case study, identify what is her business idea about. (3 Marks) 3. Mandy go about towards obtaining the required funding for her intended business. Provide and explain FIVE ways she can do so in obtaining the budget for her new business opportunity? (10 Marks) 4. What would be the best strategies for Mandy to reach out to potential customers. Provide and explain FIVE ways she can do so? (10 Marks) 5. In terms of pricing, Explain FIVE ways how Mandy can determine her pricing for her product offerings (10 Marks)

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