Global Ship Shortage

This is a secondary research project that supports the development of a new business proposition for RIVIAN The research will provide the evidence to support an entrepreneurial opportunity for the module MOD007666 Entrepreneurial Action.

The market justification will be built through a thorough analysis of existing market reports and statistics plus relevant academic literature to explain the relevant issues and context behind the idea, explain the size and challenges within the market sector and establish the size and nature of the opportunity.

This research will seek to answer the following questions:

– What are the critical success criteria for the implementation to reduce its impact on small businesses?

– What are the pitfalls to avoid in scarcity of chips?

– What can benefit stakeholders when there are many resources to build semiconductors?

– How the Covid-19 pandemic affected the movement of production for all companies?

– When will the supply of semiconductors improve?

– How can small businesses profit in the midst of these shortages?