CLASS / COURSE: Business

QUESTION DESCRIPTION: My business proposal is providing a child daycare center for residents of the community. Within in this proposal I will include assumptions about the elasticity of demand and the market structure for this particular service. I will explain my rationale on such questions as: • How I will increase revenue • How I determine the profit-maximizing quality • How I can use concepts of marginal costs and marginal revenue to maximize profit o Information I need to determine this o Without this information, how I would make a decision • What my suggested mix of pricing and non-pricing strategies would be • If I can create or increase barriers to entry • How I would increase service differentiation • Ways to minimize costs for the service

SOLUTION DESCRIPTION: Operating a home-base child daycare center requires less investment; lower operating costs, and can generate and......

SUBJECTS / CATEGORIES:
1. Marketing
2. Business and Finance Case Studies
3. Strategic Business Management