100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
MNE2601 Assignment 4 (COMPLETE ANSWERS) Semester 1 2024 (830615) - DUE 20 May 2024 Course Introduction to Entrepreneurship and Small Busines (MNE2601) Institution University Of South Africa (Unisa) Book Business Management for Entrepreneurs$2.55
MNE2601 Assignment 4 (COMPLETE ANSWERS) Semester 1 2024 (830615) - DUE 20 May 2024 Course Introduction to Entrepreneurship and Small Busines (MNE2601) Institution University Of South Africa (Unisa) Book Business Management for Entrepreneurs
9 views 0 purchase
Course
Introduction to Entrepreneurship and Small
Institution
University Of South Africa
Book
Business Management for Entrepreneurs
MNE2601 Assignment 4 (COMPLETE ANSWERS) Semester 1 2024 (830615) - DUE 20 May 2024 ;100% TRUSTED workings, explanations and solutions. ........... 1. Draw up an industry and market feasibility for your chosen business/envisaged business. You need to include the following in your answer. Use section...
MNE2601 Assignment 4 PITCH (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October
MNE2601 Assignment 4 PITCH (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October 2024
MNE2601 Assignment 4 PITCH (COMPLETE ANSWERS) Semester 2 2024 - DUE 24 October 2024
All for this textbook (17)
Written for
University of South Africa
Introduction to Entrepreneurship and Small
All documents for this subject (2)
Seller
Follow
Jennifer2024
Reviews received
Content preview
MNE2601 Assignment 4
(COMPLETE ANSWERS)
Semester 1 2024 (830615) -
DUE 20 May 2024 ;100%
TRUSTED workings,
explanations and
solutions.
ADMIN
[COMPANY NAME]
, 1. Draw up an industry and market feasibility for your chosen
business/envisaged business. You need to include the following in your
answer. Use section 3.3 in your prescribed textbook as your guideline. • Type
of industry - 1 mark • Why it is attractive - 1 mark • Nature of competition -
3marks • Profitability of the industry - 10 marks • Market factors - 5 marks (20)
Remember this is an application question and you will not get full marks if you
simply give the theory in your study material.
Industry: Software as a Service (SaaS) for project management.
1. Type of Industry: The SaaS industry for project management tools falls under the software
industry, specifically within the realm of cloud-based services. It provides businesses with online
platforms to manage their projects efficiently.
2. Why it is Attractive: This industry is attractive due to several reasons. Firstly, the increasing
adoption of digital transformation across industries necessitates efficient project management
solutions. Secondly, the SaaS model offers scalability and accessibility, making it cost-effective
for businesses of all sizes. Additionally, the recurring revenue model of SaaS ensures steady
income streams, making it attractive for investors.
3. Nature of Competition: The competition in the SaaS project management industry is intense yet
diverse. Established players like Asana, Trello, and Monday.com dominate the market with their
comprehensive features and established user bases. However, there is room for niche players
catering to specific industries or offering unique features. Competition is primarily based on
factors such as features, ease of use, pricing, and integrations with other tools.
4. Profitability of the Industry: The SaaS project management industry is highly profitable. With
the global adoption of remote work and the need for collaboration tools, the demand for project
management software is continuously growing. The subscription-based revenue model ensures
recurring income, while the low marginal costs of delivering software over the cloud contribute
to high-profit margins. Moreover, as businesses increasingly rely on data-driven decision-
making, SaaS companies can leverage user data to offer personalized solutions, further
enhancing profitability.
5. Market Factors: Several market factors contribute to the growth and sustainability of the SaaS
project management industry. These include:
• Growth of Remote Work: The shift towards remote work has accelerated the demand
for cloud-based collaboration tools, including project management software.
• Globalization: Businesses are increasingly operating on a global scale, requiring robust
project management solutions to coordinate teams across different time zones and
locations.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Jennifer2024. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $2.55. You're not tied to anything after your purchase.
