Business Enterprise

Business EnterpriseSubmitted in Business Entrepreneurship & Development

lab

Bachelor of Technology (Information Technology) Session: 2015-2016

Supervised By:-Ms. Ankita Ojha

Submitted By:-Mukesh Ronak Vikas Vipul Rijvan

Business Enterprise Business Enterprise planning

Identification of Opportunities

Feasibility Analysis

Business Enterprise

Business Enterprise Any Endeavor where the primary

motive is PROFIT.

Activity of providing goods and services involving commercial and financial aspects.

For Example:- Apple is the Leading Business

Enterprise.

Business Enterprise

Enterprise Planning

Identify the Opportunities

Feasibility Analysis

Business Enterprise Planning

Basic Element of any Business Enterprise to get Success.

Planning for Internal and External factors that affect an Enterprise.

Business Enterprise Planning

Basic purpose of planning

Enterprise

Planning

Survival

Thrive

Vulnerability

Compete

Survival plan for tactical moves for quick

reaction to the PESTLE threats that affect its survival.

Compete

Plan for strategic action to Address its competition.

Spirit of Competitiveness.

Thrive Meanwhile Every Enterprise want

Development.

Vulnerability The word refers to the Diminished

capacity of an Organization. Simply a hole or possible threat


Identifying the needs & wants of Customers

Identification Of Opportunities

Scanning the Environment & evaluating of self the community


Watching Emerging trends in demands for certain products


Meeting with Government agencies


Always take an eye on competitor’s product

Feasibility Analysis Assessment of the practicality of a proposed

project.

Common Factors of Feasibility

Technology and system Feasibility

To Determine whether the company has the capability to handle the completion of the project.

Economic Feasibility To Determine the effectiveness of a new system

in terms of Economy.

Legal Feasibility Determines whether the proposed system

conflicts with legal requirements.

Operational Feasibility It determines that the system satisfies the

requirements and works properly.

Schedule Feasibility It Determines how reasonable the timetable is.

Conclusion Planning is essential tool for every

business enterprise. Opportunity must be identified in order

to enlarge any enterprise. Feasibility study can help enterprise to

test the new system in every possible manner.

References ^abJustis, R. T. & Kreigsmann, B. (1979). The feasibility

study as a tool for venture analysis. Business Journal of Small Business Management17 (1) 35-42.

.^Georgakellos, D. A. & Marcis, A. M. (2009). Application of the semantic learning approach in the feasibility studies preparation training process.Information Systems Management26

231-240.3.^Young, G. I. M. (1970). Feasibility studies.Appraisal Journal38 (3) 376-383.

.^Bentley, L & Whitten, J (2007).System Analysis & Design for the Global Enterprise. 7th ed. (p. 417)

^Michele Berrie (September 2008),Initiating Phase - Feasibility Study Request and Report

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