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- Mr. Santosh Kshirsagar- Dragon Karate Sports Santosh Kshirsagar, age 20 is not waiting to complete his graduation, to apply the theories he has learned in his classes to the real world. In the summer of the year 2016 the soon-to-be third year MGMT2224: Introduction to Entrepreneurship – Course Information. Academic Year 2022/2023, Summer THE UNIVERSITY OF THE WEST INDIES OPEN CAMPUS Page 15 of 30 BCA student at BVDUIMK launched his own karate academy! Life has many ups and downs; many struggles and one need to stand strong to reach success. Santosh as a child never knew what father’s love was; his father never paid any attention towards the family, always drunk and created fights when in his senses. Santosh’s brother Amit was 10 years older than him; his mother struggled hard by stitching clothes to raise her kids and make ends meet. Amit from a very tender age of 13 did part-time jobs to help his mom in earning. Santosh was 4 years old when he lost his father. The family’s…1 Mr. Santosh Kshirsagar- Dragon Karate Sports Santosh Kshirsagar, age 20 is not waiting to complete his graduation, to apply the theories he has learned in his classes to the real world. In the summer of the year 2016 the soon-to-be third year MGMT2224: Introduction to Entrepreneurship – Course Information. Academic Year 2022/2023, Summer THE UNIVERSITY OF THE WEST INDIES OPEN CAMPUS Page 15 of 30 BCA student at BVDUIMK launched his own karate academy! Life has many ups and downs; many struggles and one need to stand strong to reach success. Santosh as a child never knew what father’s love was; his father never paid any attention towards the family, always drunk and created fights when in his senses. Santosh’s brother Amit was 10 years older than him; his mother struggled hard by stitching clothes to raise her kids and make ends meet. Amit from a very tender age of 13 did part-time jobs to help his mom in earning. Santosh was 4 years old when he lost his father. The family’s…You plan to open a new business. Before you can approach a potential investor, you will need a strong plan. Describe the purpose and components of a business model and write a one-paragraph business model description for a business of your choice.
- Creative Thinking: TRIX CEREAL (Using Scamper tool to recognize business opportunities) Now we are going to do a scenario activity where you will get recognize business opportunities in a realworld simulation using SCAMPER tool. You are part of a marketing team for the small food company in Turlock, General Mills. Today, your team was given the following task The company wants to expand its market share, and coll-more cereal-but not necessarily as a food product. Therefore, the company now wants your team to generate as many possible alternative uses (besides as a breakfast cereal) for Trix cereal. Specifically, your boss has asked your team to present your ideas to the executive board, which will include prospective investors. Use the SCAMPER chart below to come up with ideas. Cereal website: http://generalmills.com/Brands/Cereals/Trix.aspx SCAMPER TRIX CEREAL S Substitute C Combine A Adapt M Modify/Magnify P Put to other use E Eliminate R Reverse/ RearrangeConsider the below Case study to solve the following questions Sugar Plum Sweets is a small scale bakery business run by a family of experienced confectioners. Sugar Plum Sweets is making a quite conventional range of limited sweets for the last 20 years. In this modern era, this venture requires some disruption and novelty in its products. Requirements: What are some of the more frequently used sources of new ideas for entrepreneurs? How existing companies (competitors) can help Sugar Plum Sweets to hunt new business ideas? Consider you are in the Sugar Plum sweets Management, use appropriate source of idea to improve the business of this sweet shop.I need some help with responding to the 2 questions below. If you give a thorough answer to both I will upvote and share your response with my friends who will also upvote. Thank you in advance. 1. Reply to the scenario as if it was a real ticket and explain the reasoning leading to your choices in each of the following: I tried to use your crappy site and for the 14th time it has crashed on me while I was trying to process my payment. I'm tired of this! You need to fix this or you will lose me as a customer. 2. Reply to the scenario as if it was a real ticket and explain the reasoning leading to your choices in each of the following: I paid for my widget and I haven't gotten it. The post office says it was delivered but it wasn't and I paid too much to just let this go. I want a refund and I want it now.
- As would-be entrepreneur, you are tasked to write down at least 3 career opportunities which attract you most. Indicate what competencies you need to enhance in order to become successful in these opportunities. Explain your answer.respond to the following as to why this is a good choice for a teleheath company The company I chose that provides mental health services through telehealth is www.NAMI.org The company provides support and education to those who are affected by mental illnesses and have 600 local affiliates and 49 state organizations. The organization lists 5 values in which assist in the possibility of recovery in which applies to the service of their mission to provide equality and hope to those struggling. There is no fee as the organization accepts donations and has volunteers. NAMI also offers DIY fundraisers and gifts of stock. I believe a benefit to this telehealth service benefits to those that are struggling with a mental illness as they provide help to kids, teens, young adults, and veterans whereas some organizations only focus on one age group. Some potential drawbacks I feel would consist of the patient not being consistent with calling in or not engaging fully as there is no in person…Before entering the University of Professional Studies, Accra (UPSA), John had thought of becoming an entrepreneur. His idea was to become one of the best entrepreneurs in the production of ice-cream. He was therefore ready to know what starting a business entailed. In UPSA, John learnt many topics in ‘Entrepreneurship Development’, including how to design a business plan. In order to improve on his ice-cream business, write the following sections of the business plan for John. i. Ventures Profile ii. Motivation iii. Mission iv. Merchandize v. Market
- Can you assist with proving some answers for these questionsDescribe at least two alternative solutions that you could go to and what you would lose by not being able to implement business analytics.Match each business model type with the correct description. Remember to select a different business model type for each description. Business model type Product business model Multisided business model Solution business model Matchmaking business model Description A company controls a platform where sellers and buyers exchange products or services. A product or service is designed according to specifics defined by each customer. A product or service is offered to customers. A company provides different products and services to different groups of clients who gain some benefit from the existence of the other group of clients.