A memo suggesting a philanthropic project for your company.

Question

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.

Answer 1

Question

Chapter 9, Problem 9.7AAC

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A memo suggesting a philanthropic project for your company.

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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.

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You are the business development officer of Coffee Grandeur, a company that produces instant coffee sold and distributed in the Philippines. You have been tasked by the president of the company to initiate setting up a nonprofit organization (NPO) for the company. The advocacy of your NPO that you have think of is to give support to the small coffee shop entrepreneurs to be able to raise funds because many coffee owners find it difficult to establish or expand their coffee business and there are not many organizations that help coffee entrepreneurs. So, it is to raise a fund to be able to give small loans to small coffee shop owners. And also to help coffee farmers to create a program that aims to train and educate them about entrepreneurship training. So by giving the small farmers the knowledge they need, they will be able to demand higher prices for their coffee beans. They can even start their own coffee business and become entrepreneurs. The mission of the NPO must be related to…