A feasibility study on twisted photo pedestal (Innovation Next Inc.)

Date of Publication

2000

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Commerce Major in Business Management

College

Ramon V. Del Rosario College of Business

Department/Unit

Business Management

Abstract/Summary

The proposed business venture of Innovation Next Inc. proved to be feasible based on the findings of the study.

The optimistic results of the survey prove that there is a demand for the Twisted Photo Pedestal. The respondents' willingness to buy show that the product has a potential demand in the target market. The interviews with novelty shop representatives regarding the appeal of picture holders reinforce the potential demand for the Twisted Photo Pedestal. A satisfactory Net Market Acceptability Rate of 63.06% was also computed. The proponents defined its target market to be young professionals and household members who are open to new product concepts.

In addition, the proponents can manufacture the product with a 95.88% efficiency rate using the assembly line method. The study also showed that the production capacity could meet the demand of the market.

The management and legal study shows that the company can meet the requirements necessary in order to establish a corporation.

The financial study indicates that business operations can be financed without incurring a net loss. Based on conservative estimates, the company will break-even by the second month.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU10709

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

various pagings

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