If you owned a small manufacturing business with relatively high volume and multiple product lines, would it be good for you to implement an ABC model? Why? What are the benefits and the risks - or how could you adapt it to get the best of both?
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If you owned a small manufacturing business with relatively high volume and multiple product lines, would it be good for you to implement an ABC model? Why?
What are the benefits and the risks - or how could you adapt it to get the best of both?
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- What other factors should a company consider besides cost in determining whether to rent or buy the hardware and software?You are the current owner of an E-Commerce business called ‘Poison Berry’. You acquired this business from a previous owner. You purchased the business for $250,000, no money down and $5,000 a month over the next several years until the loan is paid off. The business sells home fragrances, candles, incense, and sprays for the home. You have been successful within your online community and are starting to receive emails from customers across the world inquiring about your products. They are curious as to products you may start to offer for offices. please be descriptive and detailed with the in the answers below and if possible use Management terms. 1.Please explain in full detail your business strategy for expansion. 2.What would you need to create, examine, and define before expanding including barriers, concepts, and a plan? 3.Remember to clearly examine the process, and INNOVATION of your products and location.You are the current owner of an E-Commerce business called ‘Poison Berry’. You acquired this business from a previous owner. You purchased the business for $250,000, no money down and $5,000 a month over the next several years until the loan is paid off. The business sells home fragrances, candles, incense, and sprays for the home. You have been successful within your online community and are starting to receive emails from customers across the world inquiring about your products. They are curious as to products you may start to offer for offices. please be descriptive and detailed with the in the answers below and if possible use Management terms. 1.Please explain in full detail your business strategy for expansion. 2.What would you need to create, examine, and define before expanding including barriers, concepts, and a plan? 3. examine the process, and INNOVATION of your products and location.
- You are the current owner of an E-Commerce business called ‘Poison Berry’. You acquired this business from a previous owner. You purchased the business for $250,000, no money down and $5,000 a month over the next several years until the loan is paid off. The business sells home fragrances, candles, incense, and sprays for the home. You have been successful within your online community and are starting to receive emails from customers across the world inquiring about your products. They are curious as to products you may start to offer for offices. 1.Please explain in full detail your business strategy for expansion. 2.What would you need to create, examine, and define before expanding including barriers, concepts, and a plan? 3.Remember to clearly examine the process, and INNOVATION of your products and location.After reading pages 17 to 24 of the CAPSIM Guide for Business Simulations, you will argue about the importance of the information you get from the industry newsletter called Capstone Courier and explain how this information can help you better understand the market today and make better strategic decisions for your company.As you have seen in your reading and lectures for this course, business analytics focuses on the analysis of business data through the use of statistics, optimization, modeling, and other quantitative techniques to help guide business decisions. In your DBA research classes, you have (or you will) become acquainted with a range of quantitative and qualitative research techniques that can be used to investigate business questions. Quantitative and qualitative methods each have unique strengths and weaknesses and that some questions are better answered through quantitative methods while others can only be addressed through a qualitative investigation. In many ways, business analytics represents an ultimate quantitative expression of management science. Moreover, as with research, one might expect that there are some business situations that business analytics can address especially well while other business situations are best addressed (or can only be addressed) through more qualitative…
- Discuss in about 200 words the Hierarchy of the information- based business decision makers. Which level has the best chance of success and whyAssume that you decide to go into real estate investment. However, you need a property manager to represent you and work with tenants. Consider the various risks that you face as an investor. How can your property manager help you mitigate those risks? Keeping this in mind, write a classified ad for your new property manager. Be sure to include minimum and preferred qualifications, key responsibilities, and specific information about the property/properties you need managed.Tait (2018) states “The more customers interact and influence a company, the better it becomes at providing exactly what the customers want, and the more difficult it will be for a competitor to lure them away.”Imagine that you are the manager of a bakery that wants to increase its revenue by connecting better with customers. The bakery you run sells varieties of bread, cakes and desserts that are not easily available elsewhere. Discuss 10 basic rules that need to be implemented to create good customer service.