Question

This is economics!!!

8) Using a fictional product or service, create a simple business plan by answering the
three questions business owners must consider.
How will it be produced/provided?

Answer 1

1. What will be produced: Pizza
2. How will it be produced: ( list the ingredients, machines, and workers needed)
3. For whom will it be produced: pizza lovers :)

Answer 2

To simplify the business plan for "GlowGuard: Solar-Powered Outdoor Lighting" regarding how it will be produced/provided:

1. **Production Process:** We will design and manufacture high-quality outdoor lighting fixtures that integrate solar panels and energy storage for solar-powered illumination.

2. **Supply Chain:** We'll establish reliable supplier relationships for components like solar panels, energy storage units, LED lights, and housing materials.

3. **Distribution:** Our products will be sold online through our website and in partnership with retail stores. Installation support will be available.

4. **Sustainability:** We'll prioritize sustainability in production and operations, aiming to minimize waste and reduce our carbon footprint.

Step-by-step explanation:

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