Akanksha Singh, a BBA graduate from Banasthali Vidyapith and Masters in Social Entrepreneurship from Tata Institute of Social Sciences, Mumbai is founder of Swayambhu Innovative Solutions Pvt. Ltd. It is a for-profit organization that aims to generate bio-energy by linking a community to a local biogas plant which would make use of domestic/kitchen waste, animal dung, and human excreta together on a mass scale to produce biogas, organic manure and electricity. (a) Do you consider Akanksha’s venture a social enterprise? Justify your answer with logical arguments. (b) Anticipate two challenges Akanksha’s venture might face in the future and discuss two possible ways to overcome those challenges.

Akanksha Singh, a BBA graduate from Banasthali Vidyapith and Masters in Social Entrepreneurship from Tata Institute of Social Sciences, Mumbai is founder of Swayambhu Innovative Solutions Pvt. Ltd. It is a for-profit organization that aims to generate bio-energy by linking a community to a local biogas plant which would make use of domestic/kitchen waste, animal dung, and human excreta together on a mass scale to produce biogas, organic manure and electricity. (a) Do you consider Akanksha’s venture a social enterprise? Justify your answer with logical arguments. (b) Anticipate two challenges Akanksha’s venture might face in the future and discuss two possible ways to overcome those challenges.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter11: Simulation Models

Section11.4: Marketing Models

Problem 30P: Seas Beginning sells clothing by mail order. An important question is when to strike a customer from...

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Akasnsha Singh an BBA graduate from Banasthali Vidyapith and Masters in Social Entrepreneurship from TISS, Mumbai is the Founder of Swayambhu Innovative Solutions Pvt Ltd. It’s a for profit organization that generates bio-energy by linking a community-to-community Biogas Plant (CBP), which uses domestic/kitchen, livestock and farm waste on a mass scale to produce biogas, thereby generating electricity and other by-products like organic manure and bio-pesticide. They believe that their project works on a decentralized model and acts as a circular economy because their beneficiary and customer both are same. Their mission statement is - To Empower Farmers, Enlighten and Secure Livelihood and their Vision statement is - To serve a world where waste gets totally transformed in a useful resource without any exploitation of people or planet and creates livelihood options out of it.Analyse the above case-let from the perspective of “feminine strengths enabling excellence”.Note: suitable and…
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“Good Intentions” (GI) company produces two products, which it sells on both a cash and credit basis. Revenues from credit sales will not have been received but are included in determining profit earned during the current six-month period. Sales during the next six months can be made either from units produced during the next six months or from the beginning inventory. Relevant information about products one and two is as follows. During the next six months, at most 150 units of product type 1 can be sold on a cash basis, and at most 100 units of product 1 can be sold on a credit basis. It costs £35 to produce each unit of product type 1, and each sells for £40. A credit sale of a unit of product 1 yields £0.50 less profit than a cash sale (because of delays in receiving payment). Two hours of production time are needed to produce each unit of product 1. At the beginning of the six-month period, 60 units of product 1 are in the inventory. During the next six months, at most 175 units…
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Natalie Koebel spent much of her childhood learning the art of cookie-making from her grandmother. They passed many happy hours mastering every type of cookie imaginable and later creating new recipes that were both healthy and delicious. Now at the start of her second year in college, Natalie is investigating various possibilities for starting her own business as part of the requirements of the entrepreneurship program in which she is enrolled. A long-time friend insists that Natalie has to somehow include cookies in her business plan. After a series of brainstorming sessions, Natalie settles on the idea of operating a cookie-making school. She will start on a part-time basis and offer her services in people’s homes. Now that she has started thinking about it, the possibilities seem endless. During the fall, she will concentrate on holiday cookies. She will offer individual lessons and group sessions (which will probably be more entertainment than education for the participants).…
Jullan is starting a small business out of her home. When she accesses a business “how-to” web site, Jullan finds software downloads and printable worksheets that will help her plan and manage her business's income and expenses. The software and worksheets are types of
A start-up company, Macrotech, plans to produce a device to translate Morse codeto a written message on a home computer and to send written messages in Morsecode over the airwaves. The device is primarily of interest to ham radio enthusiasts. The president, Ron Lodel, estimates that it would require a $30,000 initialinvestment. Each unit costs him $20 to produce and each sells for $85.a. How many units must be sold in order for the firm to recover its initialinvestment?b. What is the total revenue at the break-even volume?c. If the price were increased to $100 each, find the break-even volume.
Below is a summary of the SEC corporate governance requirements of companies publicly-listed in the stock exchange. For each requirement, state how it is intended to help to address the risk of fraud in publicly traded organizations. a. Boards need to consist of at least 3 independent directors of 1/3 of the board which is higher. b. Boards need to hold regular executive sessions of independent directors without management present.
COVID 19 has adversely affected many economic activities in most countries in 2020. Although many economies recovered in the past few months, there is still a great risk facing many firms. There are problems facing investors wanting to start a new business. The following are questions on the relevant information needed to start a new business venture in the UAE. Identify five economic areas that have demonstrated good performance in the UAE during 2020 despite the effects of COVID 19. Starting a business in these sectors will be more likely successful. Suppose you have initially selected a specific area to start a new line of business from one of the five areas above. There is some relevant information available about similar businesses that are currently operating in the market. What information do you look for to evaluate the feasibility of the new business judging?
Use the table below to answer the questions that follow and caculate the Expected Monetary Value(EMV) of the different outcomesDECISION TABLE WITH CONDITIONAL VALUESSTATE OF NATUREFAVORABLE OUTCOME UNFAVORABLE OUTCOMEALTERNATIVES ($) ($)Start a big Company 2,000,000 -500,000Start a small company 800,000 -200,000Build Nothing 0 0Probabilities 0.3 0.7Calculate the following The EMV Maximin criterion Maximax criterion Minimax criterion
Seas Beginning sells clothing by mail order. An important question is when to strike a customer from the companys mailing list. At present, the company strikes a customer from its mailing list if a customer fails to order from six consecutive catalogs. The company wants to know whether striking a customer from its list after a customer fails to order from four consecutive catalogs results in a higher profit per customer. The following data are available: If a customer placed an order the last time she received a catalog, then there is a 20% chance she will order from the next catalog. If a customer last placed an order one catalog ago, there is a 16% chance she will order from the next catalog she receives. If a customer last placed an order two catalogs ago, there is a 12% chance she will order from the next catalog she receives. If a customer last placed an order three catalogs ago, there is an 8% chance she will order from the next catalog she receives. If a customer last placed an order four catalogs ago, there is a 4% chance she will order from the next catalog she receives. If a customer last placed an order five catalogs ago, there is a 2% chance she will order from the next catalog she receives. It costs 2 to send a catalog, and the average profit per order is 30. Assume a customer has just placed an order. To maximize expected profit per customer, would Seas Beginning make more money canceling such a customer after six nonorders or four nonorders?