The feasibility analysis

 

Conduct a Feasibility Analysis of your Innovative Product/Service start-up business project, and report its result by following the First Screen template ( attached) which comprises five sections. Go through the Chapter “Feasibility Analysis”, and its corresponding slides to help you do this exercise. Your report should include the following components:

 

One-Page-Concept-Statement of your start-up business, presented as per the structure explained in class, and attached to this assignment.
5-10 Industry Experts – Names, titles/designation, and years of experience of the 5-10 Industry Experts whom you met to run “Product Desirability” part, with respective feedback (positive & negative) and suggestions. Industry experts have to have at least 15 years of managerial experience in the industry related to your start-up business.
10 Potential Clients – Names and titles/designations of 10 Potential Clients (matching your definition of the target market) whom you met in order to run the Product Demand test, with respective feedback (positive & negative) and suggestions,
First Screen’s Feasibility Analysis Report (Template attached). The feasibility analysis report comprises five parts, each of which has five questions, the weight of each of which ranges from -1 to +1. This means that the score of each one of the five parts would range from -5 to +5. The last part would give the total score that ranges from -25 to +25, along with suggestions for improvement. Please make sure to include (a) Explanation/Justification of Results corresponding to each of the five sections, and (b) Suggestions for improvement in the designated space of the appropriate column of the last part.
Copy of your PowerPoint Presentation: Please be ready to present the above during class time of the due date along 5-10 minutes.

 

 

 

 

 

Sample Solution

The Equality Act 2010 (herein after will be referred as EA) came into force with effect from 1st October 2010 in U.K, thereby grouping, harmonising and reshuffling 9 earlier Acts (The Race Relations Act (1976), The Race Relations Act (1076), Equal Pay Act 1970, The Race Relations Amendment Act (2000), Gender Discrimination Act , Equal Pay Act (1976) , The Human Rights Act (2000) , the Employment Equality (Sexual Orientation) Regulations 2003 , the Employment Equality (Religion or Belief ) Regulations 2003 and the Children’s Act (2004) and more than one hundred sets of regulations legislated over forty years. Some of the unique features of EA 2010 are as follows;

  • The EA has developed a different definition of disability. The definition almost analogues to that of the Disability Discrimination Act 1995 with following two chief exceptions;
  • Now, the precondition that a mental impairment should be clinically well-acknowledged illness has been removed.
  • The exhaustive list of what tantamount to day-to-day activities has been removed.

The outcome of the relaxation of the meaning of disability is that more children with SEN are now legally being treated as disabled. Under EA 2010, every public authority, including educational institutions are required to publish necessary Equalities Policy information and the school should take into account the following protected characteristics;

  • Sex (gender)
  • Disability
  • Maternity and pregnancy
  • Race (ethnicity)
  • Sexual Orientation
  • Religion and belief
  • Gender Reassignment

The EA 2010 expands the meaning of discrimination. In the earlier Acts, there existed two varieties of disability discrimination. These were;

  • For a reason connected to their disability without justification, treating a disabled pupil or prospective pupil less favourably than another disabled person.
  • Not taking any adequate steps to avoid placing disabled pupils at a c

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