Question

Pepe Pieman believes that pizza is a much more versatile meal than most people realize. As the national marketing manager for Pizza Pals, he has watched how consumers ate up barbecue pizza, Hawaiian pizza, Mexican pizza, and other new and unique combinations. His superiors, however, met his suggestions for other unusual pizzas with a negative response. Even some of his teammates laughed at his ideas. Pepe's confidence in his ability to understand the market has led him to focus on planning a business of his own. Pepe realizes that he will take a risk when he leaves his job with Pizza Pals and sets off on a new endeavor: Pepe's Pizzazzeria. Pepe is excited about the potential of profitably catering to the unmet desires of pizza consumers.

Answer 1

Answer:

B

Explanation:

Full question

Pepe Pieman believes that pizza is a much more versatile meal than most people realize. As the national marketing manager for Pizza Pals, he has watched how consumers ate up barbecue pizza, Hawaiian pizza, Mexican pizza, and other new and unique combinations. His superiors, however, met his suggestions for other unusual pizzas with a negative response. Even some of his teammates laughed at his ideas. Pepe's confidence in his ability to understand the market has led him to focus on planning a business of his own. Pepe realizes that he will take a risk when he leaves his job with Pizza Pals and sets off on a new endeavor: Pepe's Pizzazzeria. Pepe is excited about the potential of profitably catering to the unmet desires of pizza. Pepe is positive he knows a lot about marketing. But he is not as confident in his skills within the legal or financial aspects of starting a new business. He wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting Pepe's Pizzazzeria up and running. Pepe should

A. immediately hire full-time lawyers and accountants for his staff.

B. consult with a lawyer and accountant even though the budget is tight.

C. delay talking with a lawyer and accountant until the business has establis0hed a positive cash flow for at least one year.

D. trust his basic instincts and try to put it together without the advice of lawyers and accountants.

consult with a lawyer and accountant even though the budget is tight.

This is a very important step to take just because you know a lot about your product and marketing just like Pepe Pieman is not enough to get a business running . He needs to have a firm grasp of the legal implication and the cost of startup, running cost, etc. Therefore cosulting a lawyer and an accountant will help him figure out what is invloved and how to go about it and bring him up to par with what is involved. Getting an accountant even when your budget is tight will help him bring in to perspective what can be done even in that situation. Every business is multisided. Agreat idea can only be achieveable if the other sides are taken care of.

Answer 2

Answer:

• There are different ideas regarding the startup ideas for generating good profit and doing great amount of contribution to as whole communities or any specific region across the globe.
• While, there are certain ideas which provides us more of a clear vision regarding the various steps that each business takes to develop into a more bigger picture, as same case is for the pizza's restaurants which are mentioned.