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Managing Enterprise: Feasibility Analysis, Risk Management, and Employment Skills

   

Added on  2023-02-01

12 Pages2506 Words68 Views
MANAGING
ENTERPRISE
1

INTRODUCTION...........................................................................................................................3
Business Overview..........................................................................................................................3
Feasibility analysis...........................................................................................................................4
PESTLE ANALYSIS..................................................................................................................4
BUSINESS CANVAS MODEL..................................................................................................6
VALUE PROPOSITION.................................................................................................................7
Risk Management........................................................................................................................8
Range of employment skills in the completion of a group project..................................................9
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................11
2

INTRODUCTION
Enterprise management is a process that include management of day to day process such as
customer relationship management, inventory management, accounting and human resource in
order to co-ordinate different functions in effective manner as to accomplish common goal
(Toms, Wilson and Wright, 2019). The main role of enterprise management is to successfully
accomplish business objective and convert business idea into successful venture.
Business Overview
Present support include team business plan in order to pitch potential investor as well as
senior manager. In this regard business idea that has been undertaken is launch of a doughnut
shop in United Kingdom provinces (Apostolopoulos and et. al., 2018). The shop will be launched
under the name of Donut Worry. In this organisation will offer freshly and healthy baked
doughnuts that are made up of organic ingredients and are sugar and gluten free. Three main
variants that will going to be served by organisation is Romanian (Papanashi), Greek
(Loukoumades) and American recipes. As the product is made up of gluten and calorie free
ingredients this will offer numerous benefits for individuals who are suffering from diabetes.
With the help of this business idea organisation will going to serve customers of UK in best
effective manner while ensuring their health and Wellness. This organisation target groups of
those individual who look forward to try something unique and art and towards health
consciousness.
Feasibility analysis
Present idea is related to launching of a doughnut shop that provides sugar and gluten free
healthy items to customers. After evaluation of consumers within market and extensive analysis
and evaluation perfect location for shop has been selected which is in London EC1 R. In this
relation research has been conducted on London that includes price range of products that are
mainly offered by business that are already established in the market place. By this it has been
identified that product that has been offered by business are quite high that states that goods and
services that are offered are not economical and can further not be able to afforded by middle
3

and lower class individuals (Higgins and et. al., 2019). Further it has been identified that student
groups also could not be able to afford the high price products. Thus, with the help of launching
this doughnut shop with affordable price range consideration of all groups of customers has been
undertaken in order to cover large segment of population in UK.
In addition with it is important that business idea that has been undertaken is properly tested
before its real execution with the Marketplace. With the help of this testing positive and
profitable outcomes can be gained, this test can be undertaken with the help of macro and micro
environmental analysis of idea that can be undertaken by organisation by taking use of different
types of models.
PESTLE ANALYSIS
Variable Construct
Political This has been identified that stable as well as democratic political
conditions within UK Kingdom provinces effectively offer support to
the growth of business venture.
European, local and national government provide aid to the
development of business venture by providing numerous forms of
exemptions and grants that include grants such as Seed Enterprise
Investment Scheme (SEIS), Apprenticeship Grant, Gigabit Broadband
Voucher Scheme, EUREKA Eurostars, R&D Tax Credits etc. (List of
small business grants in the UK, 2019).
Further it has been evaluated that incident of terrorism as well as war
between International countries may negatively impact on the business
venture.
4

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