Operational Plan Feasibility

The video tutorial discusses evaluating business opportunities by considering operational aspects such as location, logistics, raw materials, processes, equipment, and distribution channels. It emphasizes the importance of aligning these factors to effectively deliver value to customers.

What is a key factor in determining operational capacity?

• Customer feedback

• Operational considerations

• Financial resources

• Marketing strategies

How does location affect service delivery in consulting?

• Consultants prefer to live near manufacturing hubs

• Consultants often travel from metro areas to client sites

• Consultants only work in large cities

• Consultants work remotely from any location

What is a challenge in sourcing raw materials for manufacturing?

• Transporting materials to manufacturing sites

• Locating suitable office space

• Finding skilled labor

• Developing marketing strategies

What is essential for training personnel in delivering products?

• Developing new products

• Analyzing market trends

• Following packaging requirements

• Understanding customer preferences

What should be considered when planning equipment needs?

• The marketing budget

• The cost of raw materials

• The level of talent required

• The location of the business

Why is it important to have multiple distribution channels?

• To simplify logistics

• To reduce marketing costs

• To focus on a single market

• To reach a wider customer base

What is a potential distribution method for products?

• Product development

• Customer surveys

• Social media marketing

• Direct fulfillment