venture project

User Generated

urlurlurl

Writing

Description

This is a group project, I only need to do the half of this writing. I only need to do the tasks "What technology and information will be useful and disruptive to what you propose? What resources will you need, what cost will you incur, and how will you generate sufficient revenue to allow your business to grow? Most importantly, how will you successfully manage these challenges in order to make your enterprise successful?" There are three tasks for me in total. The miniventure is pet sit (I can send you details if you need).

Unformatted Attachment Preview

MGMT 1301 Interdisciplinary Management I Final Project DUE: November 23rd, 2018 The goal of this project to provide you with the opportunity to build on the work completed for your mini-venture, and grapple with some of the challenges involved in developing a business (or other management) project in the real world. While in your mini-venture, you were given considerable operational flexibility, and the freedom to fail, in real undertaking, you will be confronted with a wide range of factors (regulatory, human, and environmental) that will limit your choice of action, and which will increase your chances of failure if you do not take them into account. The Task: Building on your mini-venture assignment, map out how you would execute a large scale version of the project in the “real world”. What strategy would you employ to grow your business, and what factors would impact that strategy? What ecological and sustainability considerations come into play? What regulatory and licensing issues will you encounter? What technology and information will be useful and disruptive to what you propose? What resources will you need, what cost will you incur, and how will you generate sufficient revenue to allow your business to grow? Most importantly, how will you successfully manage these challenges in order to make your enterprise successful? Guidelines: Submissions should be no longer than 10-12 double spaced pages, 12-point font and include a cover page and references using APA format. Include at least two credible sources beyond those listed on the course Brightspace. You may work in groups: size is a minimum of one and maximum of three. Groups that submit collectively will all receive the same grade on the assignment. Each group member should submit a copy of the report with ALL group members names and banner numbers listed. Failure to do so will result in a mark of “0”. Submissions should consider and respond to the issues raised above. Submissions will be evaluated on the degree to which they engage these issues, the critical rigor and quality of argument they bring to bear in that engagement, and the clarity with which they explain how they will overcome the issues they are likely to engage. A well-developed paper will have an introduction, body with subheadings, and conclusion. Grading Rubrics Component General Look/Layout Description of the Venture Growth Strategy Identified Ecological/Sustainability Considerations Regulatory/Licensing Issues Technological Issues Resource Requirement Management Challenges Identified Grammar/Spelling Credible Sources Used Value 10 10 10 10 10 10 10 10 10 10
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Hello, the work is complete and I am looking forward to work with you in futureGreat moments in your endeavors

Running head: VENTURE PROJECT

1

Venture Project
Institution Affiliation
Instructor’s Name
Student’s Name
Course Code
Date

VENTURE PROJECT

2
Mini-Venture Project
Technology and Information

Technology and access to information plays a significant role in the success and running
of the business. Changes in technology bring about advantages and opportunities for the
business. Consequently, it results in increased challenges that can limit new ventures success.
Individuals tasked to undertake the market analysis, consumer needs, market forces and other
competitors within the same business are expected to conduct various methods and grow their
ideas. Investment requires commitment, research and development for the possible technological
issues. There have been cases where new mini-venture in Pet business has failed to succeed due
to a lack of necessary information and an understanding of technology changes.
Pet business targets all classes of people but the cost of purchasing a pet limits potential
buyers. However, technology changes can interfere with business operations. Some of the effects
of technology and information in this new venture include communication purposes; in any new
business, the owner has to communicate to a potential client’s regarding the available pets for
sale (Brady, 2017). The importance of good communication systems helps in marketing,
notifying and directing clients of the available animals for sale. Through videos calls, Instagram
photos of the animals, facilities and Google map direction of the location makes it easier for the
customer to find their business location, quality of the breed, size and negotiate the price. Such
ventures need to invest in social media communication strategies to attract more clients.
Secondly, technology changes make transactions quick, as the seller and buyer can agree
on terms and payment method within a short period payment is done. Also, ...


Anonymous
Just what I needed…Fantastic!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags