By , the FieldFresh team had been able to create an efficient supply chain for baby corn across Punjab and Maharashtra at all levels. But success brought with it the expectation of growth. Should FieldFresh grow opportunistically into different foreign markets as retailers and wholesalers demanded different products for their respective markets? Should FieldFresh continue to focus on baby corn, whose supply chain-market linkages it had perfected, or should the company expand the range of products it would supply? Should FieldFresh continue to maintain its primary export focus, or shift relative emphasis to the growing domestic market?
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A Khayelitsha-based company adjusts its business model — twice — to suit the market, and reaps its rewards. Keeping expenses down is critical for all businesses, and has been a contributor to the growth of cyber forensics company, Exactech. Creating a market from scratch is incredibly difficult. Timing, experience and a gap in the market come seamlessly together for the founders of social networking platform, Motribe. Two brothers focus on providing solutions and excellent service to differentiate themselves in a price-competitive industry. The founders of Bizcommunity spotted a gap in the market and created an online success story. Bidorbuy has more than 1,1 million unique visitors, around items for sale and 80 successful sales every month.
List of Amc
In the following experiment, you will solve two decision problems. These problems arise in the context of building a new company for an imaginary product. A detailed description of the product follows this introduction. Although the product is imaginary, it is technically feasible and financially viable.
Definition : Entrepreneurship is the process of establishing a practically viable business model on the grounds of an innovative concept. It is the emergence of a new era by way of research and development. An entrepreneur is not an ordinary businessman.