Supply chain and inventory management

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If application, provide a description of how your business will manage and distribute its inventory.

The attachments are for the business plan all you are doing is just doing this part.

Part 2(a)

Some small business fails when they don’t do the proper viability study containing a market research before getting into the venture. The lack of research and planning puts the small business in total disadvantage. Lack of research about potential market price and market participants can induce the entrepreneur to enter in crowded niche making competition very difficult. On the other hand, if the entrepreneur carefully researches and invests in a viability study, he can learn about the market price and market participants because there is a limited amount of business that succeed. “According to the Bureau of Labor Statistics, about 20 percent of new businesses fail in their first two years. Within five years, about 45 percent have closed up shop. Just over a third of new businesses make it past their first decade.” (Wolstenholm 2020) No matter what the market is where the entrepreneur plans to compete in, there is only a limited number of businesses. Therefore, the entrepreneur must evaluate who is already getting the business and decide if he will succeed in getting customers to switch to the prospect venture and if the study indicates the venture can grow the entire size of the market. The entrepreneur needs to make sure there is enough demand for the service or product the venture will offer.

Even if viability study projects success, the entrepreneur can fail if he does not prepare an effective business plan. The business plan is essential for the success of the venture. “Without this detailed roadmap, the entrepreneur may not discover until it’s too late that: the barrier to entry in the market is higher than you anticipated; the business structure and processes are inefficient and creating too much overhead; the product mix doesn’t fit the market he is trying to reach, and he does not have enough capital to keep the venture going until it generates enough cash flow.” (Wolstenholm 2020)

The business plan must contain a company description, the organizational structure, market analysis, detail of products and/or services, sales and marketing strategies, distribution, funding needs, and revenue and profit projections. Any information missing may result in a very high probability of failure.

Another way an entrepreneur can fail is by not having an effective digital marketing plan. Times now, make digital marketing strategies very important. These techniques include but are not limited to learning proper on-page search optimization techniques, publishing regular blog content on your website, as well as other websites relevant to your industry, regular social media presence, including targeted ads, on the platforms its potential customers likely use pay-per-click advertising, in which you purchase, via an auction format, high search engine ranking ad space for specific keywords and phrases, collecting email addresses from customers and sending recurring e-newsletters with company updates and special offers, encouraging customers to leave online reviews to build credibility and social proof, and developing a mobile app to provide a better customer experience.” (Wolstenholm 2020).

A website or a Facebook page is not sufficient for people to find a business. The prospect business has to captivate potential customers through search activity. Failure to accomplished this will result in diverting visible customers to competitors.

Sample Solution

nts within nations such as East Timor, Sri-Lanka, Cambodia and Rwanda are just some of the atrocities which demonstrated that the international community was failing on a fundamental level to recognise and protect citizens from ‘mass conflict’ during the 20th-century. In this vein, there is little debate surrounding the emergence of R2P, it is considered as a UN response to its failure in protecting the human rights of citizens’ from events of 20th-century mass atrocity. More specifically, however, the literature focuses on two main events during the 1990’s which became catalysts for the UN to formulate a more coherent plan for humanitarian intervention.

The first of these events was the Rwandan genocide of 1994, in which, estimates suggest that 800,000 people were systematically killed in the space of 100 days by the Hutu majority government against the Tutsi population. Within this conflict, the UN fundamentally failed in protecting the Tutsi population in Rwanda from the ethnic-cleansing of the Hutu regime. The available evidence affirms this claim, as a small force of only 2500 soldiers known as United Nations Assistance Mission for Rwanda (UNAMIR) was sent to Rwanda in an attempt to alleviate the conflict.(Hehir 2005, p61) This small force however was a futile and unconvincing effort on the part of the UN to palliate the genocide, as, not only did they severely lack arms, but the credible warnings and shocking reports sent by the UNAMIR to the UN Department of Peacekeeping Operations (DPKO) in New York were ignored or rebuffed, over concerns that the UNAMIR may, “exceed the mandate and endanger the lives of UN peacekeepers.”(Ibid) It certainly could be argued that the United States was particularly culpable and restricted the UN in its ability to act as the Clinton administration had made the conscious decision to stop supporting significant UN missions after the torture and televised death of 18 American soldiers in Somalia during a UN humanitarian assistance programme.(Oppong and Gritzner 2015, p60) However this has not stopped the lack of coherent humanitarian intervention in Rwanda being termed by Paul Kennedy as “the lowest point in the UN’s history” and “the single worst decision the United Nations ever made.”(Kennedy 2006, p103) The lack of action undertaken by the UN in the face of the Rwandan genocide sparked international debate surrounding the merits, legality and necessity of humanitarian intervention. Further to this, it raised the problematic debate surrounding unconditional sovereignty, questioning whether the international community had the right to intervene in the case

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