Jessie would like to start a landscaping company that concentrates on using indigenous plants.The feasibility study showed a need for R100 000 to start the company (she has R10 000), competition of three other companies (one concentrated on using indigenous plants) and buyers who were predominantly 60 years or older (who loved yard work).Which statement is true?

Question

Quizplus · Accepted Answer

While there is a potential issue with financing, the market could be interested in her specialization of using indigenous plants, which could offset competition. Additionally, if she can attract younger, eco-conscious buyers to her business, this could expand her customer base. Therefore, the plan does have potential if she can address the financing issue. Option D is also a possibility, but it is not the only solution.

Jessie Would Like to Start a Landscaping Company That Concentrates