Entrepreneurship Assignment, TU, Malaysia ‘Gardeners love this crap: That’s the slogan for Pierce Ledbetter’s Memphis, Tennessee-based company, Zoo Doo
University | Taylor's University (TU) |
Subject | Entrepreneurship |
‘Gardeners love this crap: That’s the slogan for Pierce Ledbetter’s Memphis, Tennessee-based company, Zoo Doo, In 1990, while still a student at Cornell University, Ledbetter returned home to Memphis and talked the managers at the local zoo into selling him composed animal droppings from the enormous amounts produced by the zoo’s animal daily.
Why would any sane Individual want animal droppings? Well, It’s extremely rich In soli nutrients. Wanting to cash in on the gardening craze just beginning to sweep across the United States, Ledbetter saw a marketing opportunity. He began selling “Zoo Doo” In attractively designed pails.
He even had the unique Idea of having the droppings compressed into various animal-shaped sculptures that gardeners could place In their gardens to decompose naturally and organically. His designs caught the eye of garden centers and mass merchandisers across the United States. Ledbetter’s Zoo Doo now claims sales of about $ 1.5 million.
But having a great product and a great slogan isn’t enough to make any small business a success. It’s important to choose a form of business ownership that best meets your individual needs, goals, and constraints. Factors such as availability of adequate funding, amount of management expertise, product liability possibilities, and willingness to share decision-making can influence which form of ownership is most appropriate.
Questions
- If you are Pierce Ledbetter’s business associates, suggest the appropriate type of business ownership for Zoo too with four (4) appropriate reasoning
- Discuss the THREE (3) ways that may have assisted Pierce Ledbetter to identify the attractive opportunity.
- Recommend any THREE (3) foreign-market entry strategies that Pierce Ledbetter can utilize to venture his business into the overseas market.
Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.
Get Help By Expert
Assignmenthelper.my is the ideal destination for students to get thesis writing help Malaysia. With an expansive list of services and an expert team of thesis writers and editors, we can provide personalized thesis writing services for all academic levels. With the help of our experienced assignment writers, we can assist students in tackling their toughest assignments and achieving higher grades.
Recent Solved Questions
- BARB4034: Product and Branding Strategy Assignment, UIU, Malaysia Advertising agency, Young and Rubicam (Y&R) developed a tool to diagnose the power and value of a brand
- Advanced Diploma in Paediatric Nursing Assignment, MU, Malaysia Identifying the significant clinical information and specific management of children with acute glomerulonephritis
- ACC4304: Auditing Essay, UH, Malaysia Write an essay that critically evaluates the impact of an accounting scandal on auditor independence and audit quality
- BBPB2103 Human Resource Management OUM Assignment Example Malaysia ,This assignment requires students to apply the human resource knowledge they have acquired, specifically in the job interview.
- BUS706: Finance for Managers Assignment, LIBT, Malaysia You are a senior manager in a business unit of a medium-sized enterprise, with functional management and organizational leadership responsibilities
- Interior Architecture Essay, TU, Malaysia Explore the significance of either the mobile phone or social networking websites in the 21st Century
- MEE3383: Advanced Power System Analysis Design Assignment, UCD, Malaysia From the power flow standpoint, propose a solution to make sure the system is operating within acceptable voltage limits
- Environmental Health Dissertation, UKM, Malaysia The study was conducted among Bazaar Ramadhan street food handlers of North Seberang Perai. North Seberang Perai
- Government Policy Assignment, UCSI, Malaysia Discuss and criticize the incorporation of sustainable development goals (SDGs) into the education system
- Innovation management and new product development Assignment, APU, Malaysia Discuss the growth strategies in Ansoff s Matrix that can be opted to Influence the growth of the newly developed product