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 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
- Business, Accounting & Finance Assignment, FIC, Malaysia Evaluate the local markets in light of stock markets, interest rates, currencies and commodities
- MEDS1159: Corporate Communications Case Study, UOG, Malaysia Coursework is receipted on the understanding that it is the student’s own work
- Being in its second effort of turnaround strategy was not easy for CetusIdea Solution Sdn. Bhd: Strategic, HR Planning, Selection and Recruitment Assignment, OUM, Malaysia
- CSC408 MIS Case Study Assignment Report: Analysis of Issues and Solutions in Information Systems
- Bio Chemistry Essay, UM, Malaysia Inflammation is part of the innate immune system that defends a host from pathogens in order to live healthily
- BBUN2103: BUSINESS LAW Assignment, OUM, Malaysia Evaluate the circumstances that occur prior to the formation of a contract that may impair the validity of the contract.
- You are expected to conduct a presentation of the feasibility of the project based on the location: Project Management Assignment, TU, Malaysia
- Occupational Safety and Health Management Report, OUM, malaysia Discuss the tragedy happened in this movie from the point of view of the Domino Theory and Multiple Causation Theory
- Business Research Methods Research Paper, UM, Malaysia To find out what are the expectations of the patient of the Malaysian government hospital
- ECW1101: Introductory Microeconomics Essay, MUM, Malaysia Explain why the world price of palm oil increases as the result of the impact of Russia-Ukraine conflict
