Chandra has been working at a dry cleaner for about a year. She notices that much of the store’s revenue comes from alterations to women’s clothing and is wondering if there is enough revenue there to develop a business based on that. How could a specialist in business development help her determine if this will work?

(1 point)
Responses

By letting her gain experience is sewing.

By letting her gain experience is sewing.

By creating a marketing plan for a potential business.

By creating a marketing plan for a potential business.

By educating her about how similar businesses develop.

By educating her about how similar businesses develop.

By helping her find some silent partners or angel investors.

By conducting market research to determine the demand for a standalone alteration business, analyzing the competition, and creating a financial forecast to determine the potential profitability of the business.

give me one of these answers

By conducting market research to determine the demand for a standalone alteration business, analyzing the competition, and creating a financial forecast to determine the potential profitability of the business.

what is the answer

By creating a marketing plan for a potential business.

How did Siqi Mou take a unique personal experience and use it to create a business?

(1 point)
Responses

She got a degree in business to forward her career.

She got a degree in business to forward her career.

She was frustrated trying to find appropriate skin care.

She was frustrated trying to find appropriate skin care.

She had been looking for custom-blended skin products.

She had been looking for custom-blended skin products.

She recognized the ecommerce is an important business trend.

She had been looking for custom-blended skin products.

What skills learned in hospitality management could best help a graduate develop and run an educational program?

(1 point)
Responses

identifying trends and effective marketing

identifying trends and effective marketing

event planning and reservation management

event planning and reservation management

planning cost-effective vacations and menus

planning cost-effective vacations and menus

management skills and working with the public

identifying trends and effective marketing

Going to college is not an option for Felix, but he knows that he would like to open a business one day, maybe a restaurant. What is the best strategy for Felix to build skills?

(1 point)
Responses

Take a job working remotely to build computer skills.

Take a job working remotely to build computer skills.

Find a restaurant that has a management training program.

Find a restaurant that has a management training program.

Assume that he will needs someone with formal education to be his partner.

Assume that he will needs someone with formal education to be his partner.

Reconsider his career prospects and find one that does not require education.