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Anita is planning to venture into a soap business. She has 15 years working experiences with a multinational company in the fast moving consumer goods
Anita is planning to venture into a soap business. She has 15 years working experiences with a multinational company in the fast moving consumer goods industry. She is seeking your advices on the following areas: a) How Anita should evaluate her business idea to determine whether her business idea meets the qualities of a good business opportunity? (4 marks) b) Explain 4 mains steps of entrepreneurial process that Anita has to go through in becoming a successful entrepreneur. (8 marks) c) Explain two (2) financial methods that Anita can use to evaluate her business proposal. What are the pros and cons of using these two methods? (8 marks) Anita is planning to venture into a soap business. She has 15 years working experiences with a multinational company in the fast moving consumer goods industry. She is seeking your advices on the following areas: a) How Anita should evaluate her business idea to determine whether her business idea meets the qualities of a good business opportunity? (4 marks) b) Explain 4 mains steps of entrepreneurial process that Anita has to go through in becoming a successful entrepreneur. (8 marks) c) Explain two (2) financial methods that Anita can use to evaluate her business proposal. What are the pros and cons of using these two methods? (8 marks)
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