Describe your business idea and why you believe it will be successful focusing primarily on the characteristics of consumer demand

Assignment Question

Students must come up with their own business idea to be implemented into a business venture and proceed as follows:

Describe your business idea and why you believe it will be successful focusing primarily on the characteristics of consumer demand

Explain your business vision and strategy

Discuss the key elements for the design of your product

Explain your strategy for quality management

Explain how you will organize your supply chain management and if appropriate also your inventory management

Business-computing students might also need to discuss inventory arrangements and their MRP-ERP framework

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