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You friend has been discussing a business idea with you that he thinks is brilliant. He outlines the business concept. He is planning to develop
You friend has been discussing a business idea with you that he thinks is brilliant. He outlines the business concept. He is planning to develop an app that will bring together an untapped market for house help. He will create a database of all persons available for house help. Customers wishing to hire house help will log on the app, called HOUSEHELP and select the number of hours of help required and select from a menu the type of help required. Once the selection is done and details of time, day and address are filled, the customer will be required to make the payment on receipt of the billable amount. The app will then allocate the work to the nearest person registered in the app for providing house help.]Once the work is completed upon confirmation by the customer, the HOUSEHELP app will pay the person providing the house help. The business will retain 30% of the work value and pay the balance to the house help. Your friend is requesting you to critically review the proposal. Required: A. Outline 3 reasons why you think the business proposal is good. 6 marks B. Outline 3 reasons why you think the business proposal is not good. 6 marks C. Provide at least three IT resource requirement this proposal will need. 6 marks D. Provide three challenges the business can possibly face in the market. 6 marks Jane is planning to take advantage of the information age revolution. Her business involves the design of advertisements for both TV and billboards that are displayed across the entire Fiji Islands. She plans to invest in the latest video recording technology and 3D printing facility for billboard printing. This technology will allow Jane to print 3 dimensional billboards. Jane is nervous about the large investment and seeks your views. Required: Explain 5 benefits of investing in the technology 20 marks
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