Business Idea Development: A Feasibility Study for MGMT20143

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Added on  2023/06/12

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AI Summary
This project outlines a business idea, examining customer dissatisfaction and innovative solutions. It explores the market gap, competitive environment, and the potential of integrating devices for audio-visual consumption on desktop screens. The project assesses the target audience, poverty reduction, technological advancement, and potential GDP growth. A feasibility study, covering both market and economic aspects, is conducted, including budget considerations and potential loan acquisitions. The proposed business model details key partners, activities, value propositions, customer segments, key resources, channels, cost structure, and revenue streams. Critical success factors such as digital technology, employee behavior, service-oriented strategies, and competitive advantages are identified. The project concludes by emphasizing business idea development, infrastructure development, market segmentation, and trade policies, all contributing to organizational success. This project and many others are available as study resources on Desklib.
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THINK BIG
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Introduction
Customer dissatisfaction
Innovative ideas
Stakeholder benefits
T-computers
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The gap in the market
Competitive business environment
Addiction to television
Audio and visual method
Watching television on desktop screens
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Profits from the business idea
Target audience
Integration of the devices
Poverty reduction
Technological advancement
Paying corporate tex
Growth of GDP
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Feasibility of the idea
The market and economic feasibility of the
business idea should be discussed here in order
to measure the feasibility of the entire business
idea.
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Market feasibility
Large market gap
Implementation of the business idea
Capturing the global market
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Economic feasibility
Total budget for the business idea
Taking loans from banks
Business growth
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Cash flow
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Cash flow.contd.
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Proposed Business Model
Key Partners
Key Activities
Value Propositions
Customer Segments
Key Resources
Channels
Cost Structure
Revenue Streams
Customer Relationships
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Critical success factors
Digital technology
Employee behavior
Service oriented strategies
Competitive advantage
External environment
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Conclusion
Business idea development
Infrastructure development
Market segmentation
Trade policies
Organizational success
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