LOLA JACOBS ASSIGNMENTS 0618151315
MNE2601
Assignment number: 03
Year: 2023 (SEMESTER 1)
Product/Service Feasibility (13 marks):
Aim: The aim of the product/service feasibility analysis is to determine whether the bakery business
idea is viable in terms of meeting the needs of the target market and the overall demand for bakery
products. Steps:
1. Define the bakery products to be offered: artisan bread, cakes, pastries, sandwiches, coffee,
and tea.
2. Identify the target market: the surrounding high-density residential areas, office workers,
students, and tourists.
MNE2601
Assignment number: 03
Year: 2023 (SEMESTER 1)
Product/Service Feasibility (13 marks):
Aim: The aim of the product/service feasibility analysis is to determine whether the bakery business
idea is viable in terms of meeting the needs of the target market and the overall demand for bakery
products. Steps:
1. Define the bakery products to be offered: artisan bread, cakes, pastries, sandwiches, coffee,
and tea.
2. Identify the target market: the surrounding high-density residential areas, office workers,
students, and tourists.