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? -