Answer and Explanation:
In this case, ken and Jan want to start a business of flavored popcorn, they will have to undertake different processes for starting an organization.
- First, of all they have to choose a product to make (flavored popcorn), they need to produce good quality products so that they can face competition,
- They have to Identify potential competitors so that they can understand the market value of commodity and determine the price of the product.
- They will have to choose a good location for the organization, where they get potential buyers and suppliers.
- They have to manage Financial arrangements for manufacturing their product and order deliveries.
