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Exam (elaborations) 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 R46,65
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Exam (elaborations) 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
MNE2601
Assignment 4
(COMPLETE
ANSWERS) Semester
1 2024 (830615) -
DUE 20 May 2024•
Course•
Introduction to
Entrepreneurship and
Small Busines
(MNE2601)•
Institution• [School]
[Course title]
University Of South
, Exam (elaborations)
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
MNE2601 Assignment 4 (COMPLETE ANSWERS) Semester 1 2024
(830615) - DUE 20 May 2024 ;100% TRUSTED workings, explanations
and solutions. for assistance Whats-App 0743275643............
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.
Certainly! Let's delve into the feasibility analysis for a gardening business
focusing on selling decorative garden statues.
Type of Industry: The gardening industry falls under the broader
category of the retail and landscaping industries. However, our focus on
selling decorative garden statues can be categorized as a niche within the
garden décor market.
Why it is Attractive:
Growing Interest in Gardening: There has been a notable increase in
interest in gardening and outdoor living spaces, driven by factors
like the desire for sustainable living, increased awareness of
environmental issues, and the therapeutic benefits of gardening.
Unique Selling Proposition: Selling decorative garden statues caters
to a specific segment within the gardening market, offering unique
and aesthetically pleasing products that enhance the beauty of
outdoor spaces.
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