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Question: Establish a virtual company for the production and/or trade of a good service in an industry assuming you have enough capital. Prepare an assignment (word/pdf not excel, ppt or other files) to answer the following questions. The assignment will also include cover page, contents, table/figure list, page numbers and references. Why did you choose the production/trade? FIRM'S FUNCTION Why did you choose this product/service? FIRM'S FUNCTION What type of company do you set up (limited, incorporated, collective, personal, etc.)?FIRM ESTABLISHMENT Why did you set up such a company? FIRM ESTABLISHMENT Where did you set up the firm? LOCATION What are the indicators/factors that affect you in the choice of location (inner/out, small city/metropolitan, center/environment, KSS (SIS, Small Industry Site)/OSB (OIZ, Organized Industrial Zone), R&D Center/Technology Development Center)? LOCATION FOR FIRM Who is your target customer? Why? TARGET CUSTOMER Briefly define what are imports and exports are? FOREIGN TRADE Do you intend to import raw materials intermediate products/investment goods (machine-technology)/finished products (consumer goods)? Why? FOREIGN TRADE Do you intend to export raw materials/intermeditae products/investment goods (machine-technology)/finished products (consumer goods)? Why) FOREIGN TRADE Is the company a retailer or a wholesaler or a distributor? FIRM TYPE 2 2.1. Please use the headings as below in your homework: 1. Choosing the product/service 1.1. Definition of the product/sector 1.2. Reasons to choose the product/service 2. Establishing the company Company type (partnership) 2.2. Choosing the location of the company 2.3 Company sales format (wholesale/retailer/distributor) 3. Costs 3.1. Fixed costs (factory/land/machinery... etc.) 3.2. Variable costs (raw materials/inputs, labor, finance, electricity... etc) 4. Firm's goals and targets (sales&profits&markets) 4.1. Short term 4.2. Long term 5. Target customers 6. Employment (labor force) 6.1. White collar 6.2. Blue collar 6.3. Need for foreign labor force Question: Establish a virtual company for the production and/or trade of a good service in an industry assuming you have enough capital. Prepare an assignment (word/pdf not excel, ppt or other files) to answer the following questions. The assignment will also include cover page, contents, table/figure list, page numbers and references. Why did you choose the production/trade? FIRM'S FUNCTION Why did you choose this product/service? FIRM'S FUNCTION What type of company do you set up (limited, incorporated, collective, personal, etc.)?FIRM ESTABLISHMENT Why did you set up such a company? FIRM ESTABLISHMENT Where did you set up the firm? LOCATION What are the indicators/factors that affect you in the choice of location (inner/out, small city/metropolitan, center/environment, KSS (SIS, Small Industry Site)/OSB (OIZ, Organized Industrial Zone), R&D Center/Technology Development Center)? LOCATION FOR FIRM Who is your target customer? Why? TARGET CUSTOMER Briefly define what are imports and exports are? FOREIGN TRADE Do you intend to import raw materials intermediate products/investment goods (machine-technology)/finished products (consumer goods)? Why? FOREIGN TRADE Do you intend to export raw materials/intermeditae products/investment goods (machine-technology)/finished products (consumer goods)? Why) FOREIGN TRADE Is the company a retailer or a wholesaler or a distributor? FIRM TYPE 2 2.1. Please use the headings as below in your homework: 1. Choosing the product/service 1.1. Definition of the product/sector 1.2. Reasons to choose the product/service 2. Establishing the company Company type (partnership) 2.2. Choosing the location of the company 2.3 Company sales format (wholesale/retailer/distributor) 3. Costs 3.1. Fixed costs (factory/land/machinery... etc.) 3.2. Variable costs (raw materials/inputs, labor, finance, electricity... etc) 4. Firm's goals and targets (sales&profits&markets) 4.1. Short term 4.2. Long term 5. Target customers 6. Employment (labor force) 6.1. White collar 6.2. Blue collar 6.3. Need for foreign labor force