Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What factors of production are required to start the business? a. Natural resources (5 points possible) b. Labor resources (5 points possible) c. Capital resources
What factors of production are required to start the business? a. Natural resources (5 points possible) b. Labor resources (5 points possible) c. Capital resources (5 points possible) 2. How will you cover start-up costs for your business? (10 points possible) 3. What type of business will it be, and why did you decide on this type of business? (10 points possible) 4. What government regulations will you have to follow? (10 points possible) 5. What barriers will you face? (10 points possible) 6. How will you produce and distribute? (10 points possible) 7. Why is there a demand for your good or service? (10 points possible) 8. How will you meet this demand? (10 points possible) 9. Who will your main competitors be (list act
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started