...Q1. Panera Bread has established a unique position in the restaurant industry by developing itself with various approaches. First of all, Panera Bread has observed the consumer always wanted good food quality and speed services. This has given the Panera Bread an opportunity to reposition itself by joining the concept of fast food and casual dining category. This category provided the consumer the alternative they wanted by capturing the advantages of the both categories. Besides, with the good timing, which became the first mover to this new category also led itself to this favorable position. This new category has made Panera Bread’s position not only unique but also contributed to its success. Panera Bread did a lot of things to distinguish itself from its rivals such as adding specialty food, different menus, catering service, new time suggesting of specialty food and providing inviting neighborly atmosphere. According to the text, Panera Bread serves nearly six million customers a week system wide and become one of the largest chains. This shows that the unique position has contributed to its success. In my opinion, I think Panera Bread will reach its goal because the company is relying on its unique position strategy, its signature foods and savvy execution to make this goal a reality. Q2. Q3. Q4. Application questions Q1. * Background Key personalities, location of offices * Financials Method of growth, liquidity * Products Brand loyalty...
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...INTRODUCTION After surveying the current car washing market, we saw the need to satisfy the prestige of the esteemed customers who require a classy and quick car wash. Since setting up a permanent car washing facility would limit our customers, we came up with Ganton Car Washers. This is a mobile car washing facility fully automatic and able to move from one place to another. Our facility can service up to 5 cars before re-filling our water supply. Most of our equipment would be imported from the main manufacturing company in Japan since they are not locally produced and assembled here in Kenya. As a start up strategy we would start with 5 mobile car washing facilities spread out in Nairobi and its environs. The small number of cars invested in would be used to study the market to see how the potential customers receive the business. The best area to set up the headquarters is a place that is full of potential customers and easily accessible thus Upper Hill seems to be the best fit. This is mainly where the calls will be received and redirected to our drivers who are on standby. Our services will mostly be door to door whereby we come to you. Once at your location all you have to do is drive into the back of our cleaning facility. Sensors tell the type of car we are handling then the cleaning begins. MARKET Our target market will be mostly posh areas where it is hard to access a quick and decent car wash, also offices and parking lots. Since most of these people drive long...
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...ENTREPRENURESHIP SKILLS AND PRACTICES 1.0 Introduction Entrepreneurial skills and practices is one of the General Studies introduced in the curriculum for every undergraduate student in Osun state University regardless of the student’s course of study. The introduction of this course provides opportunity for the University to deliver on its vision and mission to students, national and international community. Specifically, the course help to challenge students to positively utilize the high quality teaching and learning experiences from other courses become entrepreneurial graduates capable of impacting on their environment while being globally competitive. Ideally, entrepreneurship education should be an off shoot of all disciplines. The primary discipline should provide skills capable of generating goods and services that would be demanded and create income. This education will thus help students to utilize learned skills to generate self employment thereby reducing the population of our graduate seeking jobs to the barest minimum. This will also reduce the level of unemployment nationally. The materials in the book are contributed by scholars from different intellectual backgrounds to produce a rich and highly stimulating compilation. The book gives a vivid background of the history of entrepreneurship from the rudimentary to the modern age. It provides ideas on principles and skills involved in sustaining entrepreneurship, potentials of businesses and entrepreneurs...
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...Priority Sector Schemes- a) Credit assistance to women entrepreneurs in tiny and SSI sector b) Credit Assistance to women beneficiaries in other Priority Sector Schemes c) Credit facilities to women entrepreneurs under various Govt. sponsored schemes like -Prime Minister's Rozgar Yojana(PMRY) -Swarnjayanti Gram Swarozgar Yojana(SGSY) -Swarnjayanti Shahari Rozgar Yojana(SJSRY) -Differential Rate of Interest Scheme(DRI) -Micro Credit to Self-Help Groups(SHGs) PNB Finance for Women (Including Housewives) [pic] PNB enables housewives and other ladies to supplement family incomes and to use their spare time profitably through this scheme by taking up projects as artisans, or under village and cottage industries, SSI, small business and retail trade. Industrial projects requiring higher assistance may also be considered under the scheme of financing small-scale industries. Eligibility Any Woman/Housewife, 18 years of age and above, living at a place for more than 6 months, who has not been a member of any industrial co-operative society and not indebted to any cooperative or state agency. |Amount of loan | | |[pic] | Need based, subject to ceiling of Rs.25,000/- per borrower for purchase of machinery/equipment etc. and meeting...
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...Table of Contents Executive Summary 3 Opinion of Value 4 Assumptions and Limiting Conditions 5 Business Overview 7 History of company 7 Services provided 8 Self-Service 8 À la carte Menu 10 Catering services 11 Education industry analysis and its impact on canteen business 12 Conclusion 14 Production Process 15 A la carte menu 16 Self-Service 17 Customers analysis 18 Suppliers 19 Human resources 20 Description of facilities 21 Furniture and Fitting 23 Equipment and Machine 24 Financial Analysis 25 Asset Valuation: Book Value Method 25 Market valuation method: The going market rate method 26 Income-based business valuation: Return on investment (ROI) method 27 References 28 Executive Summary Mr. Bernard, owner of the ABC Food Outlet, is contemplating to sell the canteen at the ABC University. Our Boss approached Mr. Bernard, upon hearing about the upcoming sale of the canteen, with a possible offer to buy the canteen. Mr. Bernard offered to sell the canteen for the price of RM500, 000. However, since he is not sure about whether the canteen is a good buy at the price of RM500,000 , the boss asked out team to carry out valuation of business and to hand him and business valuation report for the canteen at ABC University. In this report, valuation of business for the ABC Food Outlet will be carried out. The ABC Food Outlet is located on the campus of ABC University and has been in business at the ABC University for the past 15 years. The aim...
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...Following the rapid accumulation of foreign exchange reserves in recent months, there has been a growing interest in Bangladesh on the alternative uses of its reserves. However, different reserves adequacy measures based on global best practices confirm that its reserves holding is not markedly higher than what is required. The country’s reserves stand higher than the adequate level only when one considers the current account aspects of reserves benchmark which is perhaps appropriate for the country as its financial system is still autarkic. The dynamics in its balance of payments account also supports the fact. The paper highlights the fact that Bangladesh’s reserves build-up is the result of an ‘investment drought’ in the country. This is partly due to its underdeveloped financial systems, and partly due to other structural problems in the economy – entailing difficulties in properly channelling national savings to investments. As the Bangladesh central bank’s sterilised intervention increases, so will its cost of reserves accumulation. The reason is the interest rate arbitrage between Bangladesh and the United States. The United States government securities market, that absorbs the lion’s share of developing economies reserves, has been offering lower yields following the collapse in interest rate in the country in recent times. Nevertheless, the apparent spread between the United States Treasury and Bangladesh Treasury rates might be not that high in real terms if one weighs...
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...Berger paints Bangladesh Limited is not only a company with reputation but is a name to the dynamic industry which has history and the pride to be the best at what it does. Berger Paints Bangladesh Limited often referred to as BPBL is considered to be the market leader in Bangladesh and has a wide array of products such as Regular Coatings, Industrial Paints, Marine Paints, Outdoor Paints Protective, Color Bank, Textured Coatings, Heat Resistant Paints, Roofing Compounds and Epoxies and Powder Coatings. BPBL gives a comprehensive and sustainable painting solution and providing the best customer support. It connects consumers to technology through specialized services. It has a strong distribution Networking, Berger has reached almost every corner of Bangladesh. Whether it is World‐class range or durability, BERGER is always ready to answer to all weather conditions. It strives for the improvement of Quality of Work Life (QWL) with competitive advantage. Berger Paints Bangladesh Limited is basically managed by its Finance, Supply Chain, IT, Budget, Marketing & Sales departments. The manufacturing units at Dhaka and Chittagong are also the strategic advantages that it has because of their location. Berger’s corporate strategy is to build larger market share through providing quality and speedy service. Its primary focus is to strengthen its current position by provided value added customer service. BPBL is committed to get highest consumer satisfaction. BPB...
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...If society and economics are to be revitalized by youth entrepreneurship, we have to start with instilling in youths the right mentality. Youth should never start with money-oriented mindset in endeavoring to be entrepreneurs. It is easy to make money but it is difficult to make money yet make a real social impact at the same time. Youths should never start with the question ‘to make money, what business should I do?’ This will plunge society into a worsen situation. Instead, the right question should be ‘I really hate this aspect of society. How could I get rid of this problem by turning this into a business model that is self-sustaining?’ Our current societal problems lie with our education not preparing youths to look beyond money and to define their meaningful life. How do we all justify our existence? What makes our life meaningful? Our conventional thinking is money is almost everything. Being an entrepreneur is about meeting not just our physical needs but also our soul needs. Look at America, the money-priority business models have plunged America into a divided society leaving the Government with little power to make changes. In its wake of gun ramping fatality, the Government could not revamp the law to prevent its citizens from owning heavy machine and high-tech guns. What hope is in there for America if they cannot even make laws to make people safer against gun industry lobbyists? Looking at successful business corporations, their business visions are more than just...
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...WOMEN ENTREPRENEURSHIP AND EDUCATION Introduction The domain of entrepreneurship education is now faced with ever more interesting choices about what to be, who to serve and from what principles to profess. Opportunities and challenges in teaching and training related to globalization, technology, political organization and shifting demographics and social views have created entirely new understandings of what is important and where attention should be directed. Entrepreneurship is exciting and valued and most agree that while academics and others can’t help every person to be an entrepreneur, but can help those who are interested with tools, skill acquisition and ideas. The emergence and growth of women-owned businesses have contributed to the global economy and to their surrounding communities. The presence of women around the world driving small and entrepreneurial organizations has had a tremendous impact on employment and on business environments worldwide. Women-owned firms comprise between one-quarter and one-third of all the businesses in the formal economy, and are expected to play an even larger role in informal sectors (Delaney, 2002). Entrepreneurship refers to an individual’s ability to turn ideas into action. It includes creativity, innovation and risk taking, as well as the ability to plan and manage projects in order to achieve objectives. To achieve success, growth and employment, we need to stimulate the entrepreneurial mindsets of young women, encourage...
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...Women-Empowerment through Women Entrepreneurship (A study of Faizabad Zone of Uttar-Pradesh) Nivedita Dwivedi Lecturer College of Home Science Narendra Dev University of Agriculture & Technology, Kumargunj, Faizabad, Uttar-Pradesh (India) E-mail: nivedita.tewari@gmail.com & Dr. Amit Kumar Dwivedi Assistant Faculty Entrepreneurship Development Institute of India (EDII) P.O: Bhat, Gandhinagar, Gujarat (India) PIN: 382 428, Phone: +91-079-23969153 E-mail: akdwivedi@ediindia.org, dwivedipgdm@gmail.com Mobile: +91-9725525219 Keywords: Women-empowerment, Entrepreneurship, Beauty-parlor business, Socio-economic development. 0 Electronic copy available at: http://ssrn.com/abstract=1886250 Women-Empowerment through Women Entrepreneurship (A study of Faizabad Zone of Uttar-Pradesh) Nivedita Dwivedi & Amit Kumar Dwivedi “An enterprise owned and controlled by a women having a minimum financial interest of 51 percent of the capital and giving atleast 51 percent of the employment generated in the enterprise to women".(Govt. of India) Women are regarded as better half of the society. In traditional Indian societies, they were confined to four walls. In modern society, they come out of four walls to participate in all types of activities including entrepreneurship. In India empowering women through entrepreneurship has become an integral part of our development efforts because of 3 important reasons; i). Women development, ii). Economic growth and iii). Social stability. Present...
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...THE NEED FOR THE DEVELOPMENT OF ENTREPRENEURSHIP IN A DEPRESSED ECONOMY TABLE OF CONTENTS Title page Dedication Approval page Abstract Acknowledgment Table of contents CHAPTER ONE 0. INTRODUCTION OF “THE NEED FOR THE DEVELOPMENT OF ENTREPRENEURSHIP IN A DEPRESSED ECONOMY” 1. Background of the study 2. History background of the case study 3. Statement of the problem 4. Objective of the study 5. Significance of the study 6. Formulation of hypothesis 7. The scope of the study 8. Limitations of the study 9. Definition of terms CHAPTER TWO 1. Meaning and history of entrepreneurship development in Nigeria 2. History of entrepreneurship development in Nigeria 3. Meaning and functions of an entrepreneur 4. Functions of an entrepreneur 5. Activities of the Nigeria Association of Small-scale Industrialists (NASSI) in the development of entrepreneurship 6. Problem of NASSI in the discharge of entrepreneurship development in Enugu 7. Comments 8. Reference CHAPTER THREE 0. DATA COLLECTION AND ANALYSIS OF “THE NEED FOR THE DEVELOPMENT OF ENTREPRENEURSHIP IN A DEPRESSED ECONOMY” 1. Method of data collection 2. Population of the study 3. Sample and sample techniques 4. Research instruments 5. Method of data analysis CHAPTER FOUR 0. DATA PRESENTATION AND ANALYSIS OF “THE NEED FOR THE DEVELOPMENT OF ENTREPRENEURSHIP IN A DEPRESSED ECONOMY” 1. Test of hypothesis CHAPTER FIVE 0. DISCUSSION OF FINDINGS...
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...Subject: INTRODUCING FIRST DIASPORA PRODUCT SUITE 1.0 INTRODUCTION Diaspora Banking is fast gaining attention in the Nigerian banking sector. Available statistics show that there are over 5 million Nigerians living in the Diaspora.Nigerians migrate mainly to the following countries: · · · United States of America United Kingdom; and South Africa. There is a major concentration of Nigerians in the following cities United States of America (USA) · · · · · New York Maryland Houston Atlanta Texas United Kingdom · · · · London Ireland Birmingham Manchester · Essex Africa - South Africa · 1.1 Johannesburg OBJECTIVES The objective of the Diaspora team is as follows: · · · To provide Nigerians in Diaspora an opportunity to maintain operative accounts in FirstBank Nigeria To provide Nigerians in Diaspora with facilities to finance investments in real estate in Nigeria Provide Nigerians in Diaspora an interface for operating their accounts in First Bank and thereby bridging the geographical barriers to the delivery of banking services to Nigerians abroad. Each Diaspora customer will have an RM he/she can talk to at all times. · · · · · · To provide non-resident Nigerians with facilities for effecting domestic and international funds transfer. Offer Nigerians abroad the opportunity to build and grow their individual net worth in Nigeria through provision of investment advisory services. Grow the bank s retail customer base thereby generating a large pool of stable deposits...
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...Abstract Innovation can be defined as, “something new or different introduced” or, “introduction of new things or methods” (Innovation, 2013). Innovation; however, can mean various things to various individuals. For individuals in the business scene, innovation can be seen as transforming a financial worth for consumers, opportunity that can lead to employment, or improving something that is already in existence. One must keep in mind that if innovation didn’t exist, businesses would fall apart. Viagra and Innovation There have been several instances where businesses and individuals have purposely wanted to create innovative products. There have also been several instances when businesses and individuals try to make one specific product, and accidentally create something way different. This is an example of innovation. There are a lot of innovative products that have been brought to the market over the past few decades. Some examples are: digital cameras, the Internet, and MP3 players. The product that I have chosen that in my opinion was an accidental innovative product as well as a miracle product for several men in Viagra. I believe that this product was discovered accidentally because Viagra was actually intended for treating high blood pressure, and it was discovered to help treat men that had E.D. It enabled men to have more control of their sex lives with the aid of a small blue pill. If this is not considered innovation, then what...
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...American InterContinental University MGMT422-1301A-01: Professor William Becker February 12, 2013 Innovation is defined as, “something new or different introduced” or, “introduction of new things or methods” (Innovation, 2013). Innovation may be interpreted differently from one person to the next. With individuals that do business, innovation can be interpreted as converting thoughts into capital, making financial worth for consumers, favorable circumstances which can make jobs, or upgrading something that presently exists. One must keep in mind that if innovation did not exist, business as we know it could fall apart. There are several innovative things that have been popularized over the past few decades. To name a few, there are: digital cameras, the Internet, and the Nintendo Wii. I have decided to discuss Viagra because I think this was an accident as well as a miracle for certain individuals with E.D. The reason I say that this medication was found by accident is because it was originally intended for high blood pressure patients, but it was discovered to be very helpful to males that had E.D. It enabled men to take back control of their sex lives with the aid of a little blue pill (Parnham, 2004). If this is not considered innovation, then what is? When the primary clinical trials happened, Viagra didn’t have a lot of effect on patients with hypertension; however, it gave males an erection. When the second clinical trial took place, they chose to keep...
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...Enterpreneur Goals Enterpreneurship is the way an enterpreneur creates or undertakes business in an effort to transform them into economic goods, this may result in new organizations or may be part of getting a mature organization in response to good opportunity. the most relevant form of enterpreneurship is that of starting a new business, in recent years the term has been extended to include social and political forms of enterpreneur activities. when enterpreneurship is describing activities witin a firm or a large organization, it is refered to as intra preneurship and may include corporate venture. what leads to a person to get his or her business is a proactive response to a negative situation. perhaps a person has been laid off once or twice. sometimes a person is furstrated with his or her current job and doesnt see any better carrer prospects on the horizon, sometimes a person realizes that his or her job is in trouble. a firm may be contemplating cutbacks that could end a job or limit carrer prospect. perhaps a person already has been passed over for promotion, or a person sees no oppurtunity in existing business for someone with his or her interest and skills. Some people are actually repulsed by the idea of working for someone else. they object to a system where rewards are often based than acomplishment. other people decide to become enterpreneurs because they...
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