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BY:LUISA TOLENTINO
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FEEL
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 Module 2:
Environment
and market
1.How much capital is needed to put up the business?
It depends on what business you’re planning to open.
2.How big is the demand for the product?
In my own OPINION. It depends on your costumer or your
target costumer.
3.How is the demand met?
The choices are rational because consumers are privy to all
information,which no supplier has a competitive edge and all
consumers optimize their utility within their individual
budgets.
4.Do you have the background and experience needed to run this
particularbusiness?
If you’re starting up on your own,you’ll need to run everthing from serving
customers to preparing your accounts,and this is often a tough requirement for
anyone,below one listed the are skills required for running a business and how
you might develop youre are skills set furture.
5.Will the business be legal,not going against any existing or foresecable
government regulation?
Goverment regulation needs to be corsidered when operating a business.
6.Is the business in line with your interest and expertise?
Business interest experience is the cost of interst that is changed on business
loans used to maintain operations……