Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Respond to the following. Business Plan Introduction An overall introduction as well as rationale for the business idea; an overview of the idea as well

Respond to the following.

  1. Business Plan Introduction An overall introduction as well as rationale for the business idea; an overview of the idea as well as existing information Proposal of business plan/ Business idea Clear rationality for business grounded in academic framework of core business concepts. A general idea about financial feasibility to ensure that project is feasible Product/Service & process Description Details about the Product/Service and how it will be delivered. A thorough overview of the process is required Competitor/Industry Analysis A clear and focused analysis for direct & indirect competitors. Understanding of industry dynamics vis--vis environment factors Marketing Plan An overall marketing plan for the product and organization Organizational Structure Details about human resource including management of the organization proposed to run the business Financials for the business Cost, revenue and profit centers etc. and Projections for first year as well as subsequent years. Key financial parameters including breakeven analysis, ROI and contingency/backup plans Financing Financing options and selection of most viable financing option for the business with rationale Planned future developments Future strategy Conclusion Overall recommendations about feasibility of the project.
  2. Mickey's Restaurants Ltd. is a large firm that operates a chain of 200 roadhouse style restaurant/taverns across Canada under the name of "Mickey's" and is well known nationally due to its extensive advertising campaigns.

Mick Vern recently bought a restaurant/tavern, previously known as "Paddy O'Lanterns" situated in downtown St. Catharines. He formed a company under the name of Mickey V's Ltd. and renamed the restaurant "Mickey V's". The dcor and furnishings of Mick's restaurant are not at all like those of the Mickey's chain, but the external appearance, franchise colours and sign bears some similarity. Mick plans to franchise the business in Ontario.

The president of Mickey's Restaurants Ltd. is angry because she has been planning to open a franchise store in St. Catharines. She alleges that Mick is attempting to deceive the public, is trading on her company's reputation, and is benefitting from its advertising. She has written to Mick, insisting that he change the name of his company and his restaurant; otherwise Mickey's Restaurants will commence legal proceedings.

Mick maintains that no one is confused, that he chose the name "Mickey V's" deliberately to distinguish his restaurants from those of the chain, and that, since neither of the principal owners of Mickey's Restaurants Ltd. are called Mickey, they are the ones who are trading improperly.

Mick comes to you for advice. He also asks if he can patent his grandmother's recipe for fried chicken (which includes 13 secret herbs and spices) and her recipe for pasta sauce. He intends to sell both from his restaurant but would like patent protection before selling his mother's inventions to the public.

Required: Advise Mick what legal actions might be taken against him and whether or not they might succeed and the likelihood and requirements of obtaining the patents.

SELECT AND EXPLAIN THE CORRECT ANSWERS

2.

Which construction company has secured a residential project from the City and Industrial Development Corporation of Maharashtra Limited (CIDCO) to construct 23,432 dwelling units at various locations in Navi Mumbai?

A.L&T

B.Shapoorji and Pallonji

C.Era Infra

D.Lodha Group

3.

Which organization has partnered with Animal Planet and Rohit Sharma for launching "Rohit4Rhinos campaign" to spread awareness about the need for conservation of one-horned rhinos?

A.World Animal Protection India

B.Animal Welfare Board of India

C.WWF (World Wide Fund for Nature) India

D.International Fund for Animal Welfare

4.

Recently, RBI selects this company for developing mobile app for visually impaired.

A.XeliumTech Solutions

B.Aricent Technologies

C.Rapidsoft Technologies

D.Daffodil Software

5.

Name the company which become the first Indian original equipment manufacturer (OEM) to meet the BS-VI emission norms.

A.Larsen & Toubro

B.Tata Motors

C.Ashok Leyland

D.Mahindra & Mahindra

6.

First North American countries in which OYO has just entered is?

A.Mexico

B.Cuba

C.Canada

D.Greenland

7.

Reserve Bank of India barred this small finance bank from opening new branches.

A.Equitas Small Finance Bank

B.Ujjivan Small Finance Bank

C.L & T Finance Limited

D.Birla Global Finance Limited

8.

Which company sells Global Village Tech Park for 2,800 cr to Blackstone?

A.Larsen and Tourbo

B.Coffee Day

C.Ashok Leyland

D.Reliance Industries

9.

Who receives 45,000 crore orders for 83 LCA fighters?

A.Boeing India

B.BrahMos Aerospace

C.Hindustan Aeronautics Limited

D.Bharat Dynamics

10.

Who partners with SonyLIV to provide mobile inflight entertainment?

A.Air India

B.IndiGo

C.Air Asia

D.Kingfisher

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing and Assurance services an integrated approach

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan

16th edition

978-0134075754, 134075757, 134065824, 978-0134065823

More Books

Students also viewed these Law questions

Question

Debate the overexpansion of mental disorders attributed to the DSM.

Answered: 1 week ago