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.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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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. examine the process, and INNOVATION of your products and location.

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