1.Based on the above article, if you were an entrepreneur, which sector would fit you the most? Justify your answer by conducting an entrepreneurial feasibility analysis.

2.Using the Five forces of Porter, what are the risks that come with entering this sector?

3 .After you have done the five forces of porter analysis, would it be feasible to enter the market with a niche strategy? Justify your answer.

4.Will you consider launching a business in this sector? Discuss your answer in detail.

Answer:

Incomplete question. However, I inferred you want to know more about the Five forces Model created by Michael E. Porter and about the conducting entrepreneurial feasibility study.

Explanation:

Note that the main focus of Poter's model is to help someone analysing a market know how much competition will exist in and the chances of realizing a profit. The five forces to be analyzed are:

The threat of substitutes, the threat of new entrants,competitive rivalrybargaining power of buyers andbargaining power of customers.

Thus, conducting an entrepreneurial feasibility study would involve a careful cross-examination of the factors mentioned above.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan