Unit 1: Enterprise in the business world. Distinction standard work. Includes appropriate images, and is extremely well formatted and put together. Using the information from this assignment will ensure you get a great mark. This document includes P3,P4,M3,M4,D2
The name of my business is Candy’s World (CW). This business sells sweets
like chocolates, toffee, jellies, and candy. My business will make these
products with natural fruit. For example, the company will extract the juice
from fruits and made a candy. The business will base at the beginning on
five fruits and these fruits are: strawberry, blackberries, cherry, apples, and
pears. I choose to do this business because will have a lot of benefits for
children (e.g. Not ruin their teeth and offer vitamins, is healthy). The location
Succ of the business will be in Wembley Park. I choose this location because the
essf
ul people can do a lot of things when they come at shop. For example, they can
busi visit Wembley Stadium, SSE Arena, and Bobby Moore Statue.
ness
es What makes a business successful?
The most important thing that makes a business successful is having the
capacity to think of new ideas to keep operations, items, and services new.
The way toward conveying to the reality is called development. While
intellectual new thoughts are one stage of the procedure, businesses have a
much more noteworthy undertaking in attempting to transform that into a
genuine product or service that will profit clients.
Also, meeting customer needs means that the
businesses satisfy them and they will come
back. That’s how businesses make loyal
customers. They offer the right products with
the right price. For more, some businesses like
Asda or Tesco offer to customers’ free delivery
or sometimes they offer different discounts or
promotions (buy one product, get one free).
Additionally, if the customers want something,
then the business will find and this will be a gap
and make the product or service that he wants.
This is called niche market. In a good case, other people/customers want and
need the new product or service that the business made, and find it
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