Imagine you are considering starting your own retail business. Narrow your business ideas to selling one type of perishable goods (such as a bakery) and one type of non-perishable goods (such as a clothing boutique) and share that decision with the class. Discuss the pros and cons of selling each type of item. Between the perishable items or non-perishable items businesses, which would you choose? Why? share one perishable goods business and one non-perishable goods businessdiscuss pros and consdisclose which business you would pursueexplain why you made the decision that you did

Imagine you are considering starting your own retail business. Narrow your business ideas to selling one type of perishable goods (such as a bakery) and one type of non-perishable goods (such as a clothing boutique) and share that decision with the class. Discuss the pros and cons of selling each type of item. Between the perishable items or non-perishable items businesses, which would you choose? Why? share one perishable goods business and one non-perishable goods businessdiscuss pros and consdisclose which business you would pursueexplain why you made the decision that you did

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter15: Retailing, Direct Marketing, And Wholesaling

Section: Chapter Questions

Problem 7DRQ

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Imagine you are considering starting your own retail business. Narrow your business ideas to selling one type of perishable goods (such as a bakery) and one type of non-perishable goods (such as a clothing boutique) and share that decision with the class. Discuss the pros and cons of selling each type of item. Between the perishable items or non-perishable items businesses, which would you choose? Why?
Choose an e business that you might like to do in the future and make a SWOR analysis to help you decide if your business is feasible.
Give the Support points of this following benifits: The advantages of secondhand clothes include financial savings •Suitability for other people, including both boys and girls. •Additionally, there are many benefits to purchasing secondhand clothing that go far beyond your own wardrobe. You can not only discover one-of-a-kind things, try out new looks, and uncover amazing discounts . •Purchasing used clothing is good for the environment and your budget because some of it is branded. •Some clients find that used apparel satisfies their needs. •The chance to find one-of-a-kind pieces that nobody else owns is one of the best things about buying used clothing.
What could be the biggest cost components in operating superstores? Hypermarket? What are the ways by which a superstore can cut these key costs and therefore pass on the savings to its consumers?
Three of your friends is contemplating opening a businesses near your college campus. They seeks your advice about size of the prospective customer base and how to market the business according to the 7 Ps. What strategies can you share with your friend to assist in launching the business? For coffee shop school supply store food cart
Review the Aldi case study on page 169 of your textbook. Assess your satisfaction with Aldi and make recommendations about how the company could modify its business-level strategy to both increase your overall level of satisfaction and to attract new customers. Provide specific examples to support your response. Analyze the five business-level strategies discussed in Chapter 4 to determine which strategy most likely applies to Aldi. Determine how a shopper's experience might change if it switched to one of the other four strategies (your choice). Explain your rationale. The Ripple Effect of Supermarket Wars: Aldi Is Changing the Markets in Many Countries Aldi started as a small, family-owned grocery store located in Essen, Germany, in 1913. Two sons, Karl and Theo, took over the store from their mother in 1946; soon after doing so, they began expanding the business. They emphasized low costs from the very beginning, allowing them to offer their products to customers at low prices…
Review the Aldi case study on page 169 of your textbook. Assess your satisfaction with Aldi and make recommendations about how the company could modify its business-level strategy to both increase your overall level of satisfaction and to attract new customers. Provide specific examples to support your response. Analyze the five business-level strategies discussed in Chapter 4 to determine which strategy ( cost leadership, differentiation, focused cost leader-ship, focused differentiation, and integrated cost leadership/differentiation) most likely applies to Aldi. Determine how a shopper's experience might change if it switched to one of the other four strategies (your choice). Explain your rationale.
Pick a business that you know of (can be a small business in your neighborhood or a large corporation that makes a product you bought in the past), do a little research about it, and answer the following: Describe the goods or services the business sells and where it does business. What kind of model is this company using? (remember, a company could use more than one model; use the models described in the introduction above). What type of business is this (sole proprietorship, partnership, or corporation)? How did you find out? Describe how you researched information about this company.
Which HA DHCP options do you think would be best for your business, and why? What makes it better? Is there anything bad about it? Why is it better than similar products? If DHCP stopped working on your network, how soon do you think you'd find out about it? How soon would you notice if your home's DHCP stopped working?
I have to come up with my own company I have a company called Paws and Delights Cafe which is an animal pet-friendly cafe. I have to write and include the following in my business plan The following parts of the business plan are due: Parts 4, 5, 6. 15 points-5 points for each of the three parts. Part 4 Definition of the market What to Include: Industry Description and Outlook – Describe your industry, including its current size and historic growth rate as well as other trends and characteristics (e.g., life cycle stage, projected growth rate). Next, list the major customer groups within your industry. You can research industry information by going to the library's database: Business Insights Essentials and selecting industry from the top of the page and then search for the industry your business is in, such as retail, restaurant etc. Information About Your Target Market – Identify your target market and provide a profile of your targeted clients. Narrow your target market to a…
Should there be a balance between making a profit for pharmaceutical company owners and providing life-saving or life-extending drugs to customers? How much profit is too much profit and who determines the amount? How does that ‘balance’ get achieved?
Practical Questions. Simply answer YES or No and defend your answer by providing your basis. 1. Can you still use your broken money in a buying goods or availing service?