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• Raw materials.The raw materials needed and suppliers' names, addresses, and costs should be determined.• Manufacturing operations.Basic machine and assembly operations need to be identified, as well as whether any of these operations would be subcontracted and to whom.85.(p. 190-191) • Location.The company's location and its accessibility to customers, suppliers, and distributors need to be determined.
Key supportive evidence (key contracts obtained for example or individuals involved).An exit strategy (when appropriate).How will they make money and how much?Who are the individuals starting this business?How is this business concept or model unique?What is the business concept or model?88.(p. 203-204) Answer will vary.89.(p. 204) Answer will vary.
ch07 SummaryCategory# of QuestionsDifficulty: 1 Easy14Difficulty: 2 Medium64Difficulty: 3 Hard9Difficulty: Medium/Hard1Difficulty: Medium/Hard depending on number of points required and supporting detail.1Hisrich - Chapter 0789