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er of a landscaping business has noticed that none of his competitors are including ponds or other water features in the gardens they create.The landscaper wants mine the viability of this business opportunity. ould this entrepreneur do FIRST before offering to design and build water features as part of his landscaping business? Ask the customers in the area if they are interested in adding a water feature to their gardens. Perform a financial audit to determine if there is enough money available to add the new service. Determine if there is a supply chain available. Contact the water department to see if they can support the extra demand for water.

Problemas

er of a landscaping business has noticed that none of his competitors are including ponds or other water features in the gardens they create.The landscaper wants mine the viability of this business opportunity.
ould this entrepreneur do FIRST before offering to design and build water features as part of his landscaping business?
Ask the customers in the area if they are interested in adding a water feature to their gardens.
Perform a financial audit to determine if there is enough money available to add the new service.
Determine if there is a supply chain available.
Contact the water department to see if they can support the extra demand for water.

er of a landscaping business has noticed that none of his competitors are including ponds or other water features in the gardens they create.The landscaper wants mine the viability of this business opportunity. ould this entrepreneur do FIRST before offering to design and build water features as part of his landscaping business? Ask the customers in the area if they are interested in adding a water feature to their gardens. Perform a financial audit to determine if there is enough money available to add the new service. Determine if there is a supply chain available. Contact the water department to see if they can support the extra demand for water.

Solución

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Rogelioavanzado · Tutor durante 1 años
expert verifiedVerificación de expertos
4.5 (242 votos)

Responder

The correct answer is 'A'. The entrepreneur should first ask the customers in the area if they are interested in adding a water feature to their gardens.

Explicar

## Step 1<br />The problem presents a scenario where a landscaper is considering adding water features to his landscaping business. The question asks us to identify the first step the entrepreneur should take before offering this new service.<br /><br />## Step 2<br />The options provided are:<br />A. Ask the customers in the area if they are interested in adding a water feature to their gardens.<br />B. Perform a financial audit to determine if there is enough money available to add the new service.<br />C. Determine if there is a supply chain available.<br />D. Contact the water department to see if they can support the extra demand for water.<br /><br />## Step 3<br />The first step in any business decision is to understand the market demand. This is because the success of a business largely depends on the demand for its products or services. Therefore, the entrepreneur should first gauge the interest of the customers in the area for water features.
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