What strategy would you employ to grow your business, and what factors would impact that strategy?
MGMT 1301 Interdisciplinary Management I Final Project
The goal of this project to provide you with the opportunity to build on the work completed for your mini-venture, and grapple with some of the challenges involved in developing a business (or other management) project in the real world. While in your mini-venture, you were given considerable operational flexibility, and the freedom to fail, in real undertaking, you will be confronted with a wide range of factors (regulatory, human, and environmental) that will limit your choice of action, and which will increase your chances of failure if you do not take them into account.
The Task:
Building on your mini-venture assignment, map out how you would execute a large scale version of the project in the “real world”. What strategy would you employ to grow your business, and what factors would impact that strategy? What ecological and sustainability considerations come into play? What regulatory and licensing issues will you encounter? What technology and information will be useful and disruptive to what you propose? What resources will you need, what cost will you incur, and how will you generate sufficient revenue to allow your business to grow? Most importantly, how will you successfully manage these challenges in order to make your enterprise successful?
20181117154108mini_venture_1_1 (1)
20181117153753mini_venture_instructions_2018_project_1 (1)
Answer preview what strategy would you employ to grow your business, and what factors would impact that strategy?
APA
3089 words