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THE QUEENS UNIVERSITY OF BELFAST School of Mechanical and Aerospace Engineering ASSIGNMENT 1 The factors twisty in creating and developing a successful high-technical school engine room subscriber line in northern Ireland Submitted by: Course reader: Dr Jonathan Cole Module Title and Code: Aerospace Professional Studies 105AER310 Date of introduction: 30/10/07 Contents SectionPage 1 Introduction3 2.1 contest3 2.2 Funding4 2.3 Recruitment4 2.4 Location5 2.5 Technical Innovation5 2.6 Global Market Trends6 3 Conclusion6 4 References7 1 Introduction The aim of this report is to describe the factors associated with creating and developing a high- tech engineering business in blue Ireland. There atomic number 18 many business related factors that need to be considered in the lead entering an unknown market, especially the high- tech engineering market, which is ever changing. Compared to the same market in the resemblings of the United States, where it is well stimulateed, this fiber of market is a relatively new concept to Northern Ireland.

It is for this reason that market investigate and business planning is so important before pursuing a venture like this. In this study, some of the main aspects that a new business faces will be explored and analysed. 2.1Competition One of the most important factors associated with backcloth up a new business is competition. At the graduation exercise a new business will have to aim any possible competitors, and then formulate a decorate of aims and objectives in order to compete. Carrying out in depth research of the market and maybe talking to competitors is key before a business commits itself. A business will need to establish a benchmark before entering an unknown market. For the likes of a high-tech business starting up in Northern Ireland, it may be wise to... If you want to get a full essay, order it on our website: Orderessay

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