Question: Please help with part a and part b ooOO T-Mobile LTE 7:07 AM blackboardlearn.utep.edu Part A A friend of yours wants to open a Pizzeria.
ooOO T-Mobile LTE 7:07 AM blackboardlearn.utep.edu Part A A friend of yours wants to open a Pizzeria. She does not have all the money to start up, however, she knows that there are commercial loans and federal grants to incentivize small entrepreneurs Banks and federal agencies request loan applicants to submit a formal business plan. The marketing section of the business plan asks for an assessment of expected sales for the first year (expected demand). Based on the sales forecast, cash flows and financial statements will be generated Your friend knows you are taking a marketing class, so he comes to you for help. The first step is to check the current demand for pizza in the area and the competition. To do so, you go to the UTEP library and look up consumer spending for 2015 in Demographics Now. The results are 30,000 Number of families in the market- Average number of pizzas per family per year Average price S10 Estimate 1) Total annual market demand in units and dollars Given your initial capacity, you expect to capture 5% of the market share. So: 2) Estimate annual company demand in units and dollars
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