What is the most challenging issue after pandemic in terms of entrepreneurial undertaking? why?
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- Write a business plan on how you are going to operate. Regardless of whether you are interested in taking over an existing business or starting a new one; they both have challenges that you will need to overcome in order to succeed. Discuss one of the challenges in starting a new business and how you may be able to address that challenge with a well-designed business plan, as well as how the pandemic has been a main challenge. Your challenge can be unique to either a start-up or on-going business or both.With relevant evidence discuss how the pandemic has negatively affected two industries of your choice, and evaluate the Government’s effort in trying to resolve the market failures in these industries.All companies want to have growth, but growth is not all the same in terms of its lasting effects. To get started this week, read the article in Forbes, 13 Factors to Ensure Sustainable Business Growth Links to an external site.. After you read the article, choose a company that you are interested in or would like to work for one day. Assess the company and suggest two growth strategies you would recommend for the company and explain why you have made these recommendations. https://www.forbes.com/sites/forbesbusinessdevelopmentcouncil/2020/06/08/13-factors-to-ensure-sustainable-business-growth/?sh=7aa2c6975279
- The pandemic has made it essential for business to promptly identify and implement business continuity solutions. Identify and discuss three such technological solutions. Describe the solutions, benefits, challenges.During the Covid 19 Pandemic, many entrepreneurs failed to manage their business. Please explain what factors can cause a business to fail!Choose a business of your choice to research relating to the 2020 COVID 19 Pandemic and its impacts. Utilize scholarly research and answer the below questions. Questions Choose a business of your choice impacted by the COVID 19 pandemic and provide a brief overview of that business. What impact has the COVID 19 pandemic had on the business? What were the challenges faced by the business during the COVID 19 pandemic, including during and after any shutdowns? Did the business have a business continuity/risk management plan in place? Explain and share a brief overview. Did the business change their business continuity strategies when the COVID 19 pandemic first hit? How? Describe the emergency (crisis) response of the business during the COVID 19 pandemic, being specific to discuss the four phases: prevention, preparedness, response, and recovery.Be sure and detail the crisis management response and specific steps that are in place for operational resilience. What lessons were learned?…
- What is your Ideas for business proposal about sustainability and prosperity.For Further Research (Individual) All businesses- big and small-need to plan if they want to be profitable and sustainable. Contact one of your fa- vorite local businesses and make an appointment with someone who has a hand in developing the firm's business plan. Find out how much time the planning process takes, how often the business plan is updated, and what types of information the business plan contains. Summarize your findings in a short report.With your team, choose three established business theories that apply to the current event and market reactions. Recommend alternative courses of action that are consistent with established business theories and conclude