Jesse Would Like to Start a Landscaping Company That Concentrates

question 107

Multiple Choice

Jesse would like to start a landscaping company that concentrates on using native plants. The feasibility analysis showed a need for $100,000 to start the company (she has $10,000) , competition of three other companies (one concentrated on using native plants) , and buyers who were predominantly 60 years or older (who loved yard work) . Which of the following statements is true?

• A) This plan shows fatal flaws with financing, competition, and market because none of these flaws could be fixed.
• B) The plan has a fatal flaw with financing and competition because the market might have an interest in her specialty.
• C) The plan has a fatal flaw with financing but competition might not be as much of an issue if the native plant landscaping is growing with the buyers.
• D) The plan could be fixed if an investor went into business with her.

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Definitions:

Communication

Giving and receiving ideas, feelings, and information.

Build Relationship

The process of establishing and maintaining meaningful connections with individuals or groups.

Instructor

A person who teaches a specific subject or skill, often within an educational institution or a specialized training context.

Creative

Characterized by originality and expressiveness; having the ability or power to create through imagination.