Case Study The Business Opportunity - 1503 Words

The business opportunity There are various brands of makeup, it is impossible for consumers to have a fair knowledge over all brands. It is not always guaranteed that famous brand would suit all sorts of consumers definitely. Therefore, consumers often have difficulty in choosing the suitable makeup from a wide variety range of makeup. With the traditional shopping way,for example, salesperson in David Jones usually give suggestions to the customer for which kind of makeup is better. Sometimes, customers think that the suggestions are not completely trustworthy because it felts like the salesperson just want to to sell this particular product, but not concerning on whether that markup is suitable for you. Additionally, there are some consumers who just feel uncomfortable to purchase makeup with salesperson’s advice. Therefore, there is a gap in the market to create a platform to provide non- bias information regarding on variety brands of makeup, and trying to meet different kinds of requirements from our consumers. The function of product or service Inorder to solve the problem, a makeup recommendation app named â€Å"Beauty† could be created. â€Å"Beauty† is an app focusing on providing detail information about the makeup products. We are not the producer of the makeup, the information provided is more reliable and non bias. Articles would be posted every day recommending on various makeup, gives detail comparisons of similar makeup. For example,test on makeup’s quality,Show MoreRelatedBusiness Opportunity for Hotel Hazara: Case Study2215 Words   |  9 PagesBusiness opportunity The Business Hotel Hazara is a medium size business operating in Hurlburt Field, Florida. The hotel was established ten years ago and is well established in the state. The Hotel is run as a sole proprietorship and is looking to expand its operations into other states. The hotel provides a wide variety of dishes depending on the customers request. The hotel has a staff base of 20 qualified chefs and 30 bus boys. The staff is well trained ad has been key in the growth of theRead MoreManagerial Feasibility1338 Words   |  6 PagesDefinition of Managerial Feasibility Studies: Managerial Feasibility studies is the objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats which are presented by the environment, the resources required to carry through, and ultimately the prospects for success. In its simplest terms, the two criteria to judge feasibility are cost required and value to be attained. Managerial feasibility study is an analysis of the viabilityRead MoreLouis Vuitton s Business Model Essay1508 Words   |  7 PagesLouis Vuitton?s business model successful in the luxury market? Louis Vuitton?s business has continue Louis Vuitton?s business has continued to utilise a business model that easily adapts to the varying Japanese economy. Louis Vuitton?s business model effectively and efficiently incorporated the 4p?s in marketing and selling their products. The 4p?s comprises of product price, place and promotion which when efficiently incorporated into the business model; they execute the business marketing mixRead MoreGlobal Market Research Case Study Analysis: Sperry/MacLennan1354 Words   |  6 PagesMarket Research Case Study Analysis: Sperry/MacLennan The Business Dictionary defines opportunity as an â€Å"exploitable set of circumstances with uncertain outcome, requiring commitment of resources and involving exposure to risk† (Opportunity, 2012, para. 1). To grow and prosper, an organization needs to seek continually opportunities to do so; thus the subject of the case study â€Å"Sperry/MacLennan Architects and Planners† (Aaker, Kumar, Day, 2007, pp. 72-75). In this case study, Sperry/MacLennanRead MoreCase study discussion questions1663 Words   |  7 Pagesï » ¿Case Study Discussion Questions for Case Studies in Entrepreneurial Management and Finance Professor Edward H. Chow Spring 2013 1. (2/20) Introduction and get acquainted: Entrepreneurship and finance Lecture and discussion: A perspective on Entrepreneurship, Howard H. Stevenson, 1988 (9-384-131) How is finance related to corporate objectives? Note on the financial perspective: What should entrepreneurs know? William A. 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The key priorities, in this case study, should be a creation of a small but capable team for re-branding and setting up the business in foreign countries. Since company’s business plan contains significant growth and expenditure throughRead MoreBoston Duck Tours Essay1613 Words   |  7 PagesUNIVERSITY OF CAPE COAST COLLEGE OF HUMANITIES AND LEGAL STUDIES SCHOOL OF BUSINESS DEPARTMENT OF MANAGEMENT STUDIES NAME: KWAME ODOOM INDEX NUMBER: SB/SEM/15/0002 LECTURER: MR. F. O. BOACHIE MENSAH COURSE: STRATEGIC MANAGEMENT IN SMALL FIRMS ASSIGNMENT CASE STUDY â€Å"BOSTON DUCK TOURS† QUESTIONS 1. What is Andy Wilson’s primary motivation for leading an entrepreneurial life? 2. What kind of entrepreneurial venture is Boston Duck Tours? 3. Describe the competitive advantageRead MoreBSBMKG605B Evaluate International Marketing Opportunities Assessment Task 11318 Words   |  6 Pagespermitted in consultation with the trainer. Performance objective In this assessment task you are required to develop a report assessing and analysing an international market for consideration for entry by a case study organisation. Assessment description For the organisation outlined in the case study provided, you need to select an international market to consider for entry and conduct research on that market. You will need to write a report assessing and analysing the selected market, in light of the