Develop a chew gum business
The Business idea is chew gum. You are building a chew gum business.
1. Operations – Forms of Business Transactions. What will you use as form of business transaction?
2. Outline the supply chain of your business. Show the supply chain of your chew gum business
3.Given your supply chain, which processes (steps) of the chain would be â€œin-houseâ€ and
which ones would be â€œoutsourced?â€ Why?
4. Are there opportunities for strategic alliances and collaboration with other businesses? If
So, why would you plan to form alliances with them? Specifically, what opportunities and
threats might you face from the alliances (partnerships), and how would you take
advantage of the opportunities and mitigate the threats?
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