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

  1. If you are Pierce Ledbetter’s business associates, suggest the appropriate type of business ownership for Zoo too with four (4) appropriate reasoning
  2. Discuss the THREE (3) ways that may have assisted Pierce Ledbetter to identify the attractive opportunity.
  3. 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.

Answer

Recent Solved Questions

Online Exam & Assignment Writing Services

70841+ Orders Delivered

4.9/5
5 Star Rating

Confidential & Secure Assignment Help For

Group Assignment Help

Online Exam -Test & Quiz

Cheapest Price Quote

Diploma & Certificate Levels

Semester & FYP Papers

Summative & Individual

GBA & Reflective

Last Minute Assistance

Sample Assignment Download

BCT422 Biomass Resources UITM Assignment Sample Malaysia 
The BCT422 Biomass Resources course at UITM in Malaysia focuses on the study of biomass as a valuable resource for fuel and industrial production. Biomass refers to living biological material,…
Science
MGT300 Information Technology In Business UITM Assignment Answers Malaysia
The MGT300 Information Technology In Business course is designed to provide students with an understanding of how information technology can be used in business. In this course, students will learn…
Business

UP TO 15 % DISCOUNT

Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now