Assignment 1 You decide to set up a business during MCO. What are the factors you...
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Assignment 1 You decide to set up a business during MCO. What are the factors you need to consider and how do you decide if it is going to be feasible? a) Choose any management model that you will use as a framework for your data collection (20 marks) • SWOT ● ● Environment Internal - Manpower, Machinery, Money, Methods, Material External Micro - Competitors, Suppliers, Substitutes, Customers, System • Macro - Political, Economic, Sociocultural, Technology, others Marketing Ps Systems Thinking Porter's Value Chain Six Sigma etc NOTE : State all assumption - ie type of business - bakery? retail- clothes, shoes, cleaning supplies, etc? tuition? ● ● ● - Assignment 1 You decide to set up a business during MCO. What are the factors you need to consider and how do you decide if it is going to be feasible? a) Choose any management model that you will use as a framework for your data collection (20 marks) • SWOT ● ● Environment Internal - Manpower, Machinery, Money, Methods, Material External Micro - Competitors, Suppliers, Substitutes, Customers, System • Macro - Political, Economic, Sociocultural, Technology, others Marketing Ps Systems Thinking Porter's Value Chain Six Sigma etc NOTE : State all assumption - ie type of business - bakery? retail- clothes, shoes, cleaning supplies, etc? tuition? ● ● ● -
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Some factors that need to be considered when setting up a business during MCO are the type of busine... View the full answer
Related Book For
Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073212227
8th Edition
Authors: Ferdinand Beer, E. Russell Johnston, Jr., Elliot Eisenberg, William Clausen, David Mazurek, Phillip Cornwell
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