New Business Proposal - Research Paper Example

Comments (0) Cite this document
Marketing the product will be less difficult since there is an existing market for other products. It was evident that the introduction of the new product into the market would…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
New Business Proposal
Read TextPreview

Extract of sample
"New Business Proposal"

Download file to see previous pages The needs of the customer are vital because they help in making changes for the product such that it conforms to their needs (Stark, 2011). Providing a product that suits customer’s needs in terms of size, price and other characteristics will enhance revenue generation due to increased sales (Stark, 2011). The revenue will increase by creating a new product line extension. This process entails bundling the new product with the existing products by using a similar brand name.
Apart from improving the name of the brand, the process will act as criteria for marketing the new product (Stark, 2011). As the product gains customers, it is possible to perform an analysis of the market in terms of demand and elasticity. This determines how customers will respond to any changes in price. If demand appears to be inelastic, it will be convenient to increase the prices of the commodity in order to generate sufficient revenue. When demand is inelastic, the amount of sales remains unaltered, meaning that a slight increase in price will result in high revenue (Stark, 2011).
Determination of the profit-maximizing quantity requires understanding of basic concepts of total revenue and total cost (Stark, 2011). After performing the sales of the new product, there will be a need to determine the gain at each sales level. This computation shall involve a consideration of all costs including labor plus other variable costs. It is possible to determine the profit maximizing quantity by first computing the marginal profits after the sale and finding where the marginal revenue becomes identical to the marginal cost (Stark, 2011).
In this case, the formula: marginal profit= marginal revenue – marginal cost, will apply. If the marginal revenue is higher than marginal cost, it means that there will be a marginal gain (Taylor & Weerapana, 2012). In order to maximize profits, the business shall ensure reduction of marginal costs and improvements in ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“New Business Proposal Research Paper Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from
(New Business Proposal Research Paper Example | Topics and Well Written Essays - 1250 Words)
“New Business Proposal Research Paper Example | Topics and Well Written Essays - 1250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Taking over and expanding an existing business as a new owner:a business plan proposal
With the pending sale of the business, now seemed like the perfect time to make the changes that will propel the business into the future.The new owner does not want to close for remodeling, so precautionary measures need to be taken to ensure the safety of every individual associated with the convenience store
14 Pages(3500 words)Research Paper
New Business Propsal
The rationale behind the idea of developing unique fruit-, tea-, and coffee-based smoothies is simple. Considering that the Chinese market is open to Western business people, there is definitely a high demand for coffee-based smoothies. Since Chinese people are very much into drinking tea products, it is good to sell tea-based smoothies that are imported from other countries.
3 Pages(750 words)Research Paper
Business Research Proposal
However, like all things, there is room for much improvement. This business research proposal will explore several problems that, I as a customer, have recognized at this particular location, suggesting solutions the organization could implement to remedy the situations.
2 Pages(500 words)Research Paper
Individual Proposal to Change or Add a Policy, or Create New Business
Incorporating of management systems is also a part of this idea. The idea is to generate more sales and to offer customers and employee convenience. Convenience shall be offered to the customers that they will be able to shop only while sitting at home without so much of as making an effort specially for working women who hardly have the time to go for groceries while managing their homes.
3 Pages(750 words)Research Paper
Business Proposal
This has been achieved through strategies that were formulated to increase the revenue earned by the company. These strategies were; to increase on the quantity sold, through increasing the expenditure of the customers. The managerial department has ensured quality design, employment of quality and qualified labor in order to make the production process efficient and successful.
3 Pages(750 words)Research Paper
The products are meant for individuals regardless of their age, gender, social or ethnic backgrounds. The concept is therefore built on the basis of providing value for money to all clients so that they make Lexiliap Fashion Boutique their choice destination for all their fashion ware and accessories’ needs.
4 Pages(1000 words)Research Paper
Health Care Business Plan Proposal
This report will summarize the business plan of the proposed health clinic geared towards caring for the HIV/Aids population, including children, adults, and
8 Pages(2000 words)Research Paper
Business Proposal
on and communication technology has gained much prominence and is continuously shifting consumer behavior as far as reading culture and audio-visual communication is concerned (Barclay, 2012). It is therefore important to note the increasing competition in efficient conversion
8 Pages(2000 words)Research Paper
New business proposal
This is because the footwear industry is very competitive in United States, and the only method to break into the market is to come up with innovative ideas aimed at capturing
16 Pages(4000 words)Essay
Business Proposal Photo Travel App
Of late, the mobile devices have cropped up as flexible tools that enable travelers to amending their trips especially in the airline industry. It is anticipated that the growth of mobile is likely to overtake the online growth travel (John 4). In addition,
7 Pages(1750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic New Business Proposal for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us