Question: Entrepreneurship Final projects Model 2 [if !supportLists]- [endif] First Case: Not every good idea can be a successful project According to the above statement and
Entrepreneurship Final projects
Model 2
[if !supportLists]- [endif]First Case:
"Not every good idea can be a successful project"
According to the above statement and as an entrepreneur think about setting up a project, there is a sequence of steps that you must take before you start writing your business plan.
From this point of view, answer the following:
A) Is the above statement true or not? And why?
B) Explain the first and second steps you should take as a starting point to think about setting up an entrepreneurial project?
C) What are the types of third step that precedes writing the business plan directly?
Second case:
A feasibility study will be the basis for giving the green light to start the actual planning and implementation of the project.
As an entrepreneur with the necessary vision and knowledge:
A) What are the components of the feasibility study for your project?
B) Explain the importance of each element of the feasibility study for the project
C) Based on the "intensity of market competition" draw a simple scheme to show the market dynamics that affect the profitability of your project.
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