Tuesday, May 14, 2019
Final Exam Case Study Example | Topics and Well Written Essays - 1000 words
Final Exam - Case Study Examplerefore, the proper focus on snip can help him do it his business very well with regards to the sale of products and services (Turban, Volonino, Wood & Sipior, 2013).b) issue the business has been expanding and at times becoming hard for Ted to manage effectively. This is witnessed at the expressed desire by Ted to expand the bicycle repair work. He at angiotensin-converting enzyme time had to close down the lineage due to overexpansion. Ensuring teds business growth without running into issues such as the overexpansion is significant and requires that Ted strategize his business non to over expand for proper management.c) Operational effectivenessTed has a lot to manage as presently he has to manage five stores. Ted has to manage everything from staff to devoteing from his suppliers, and even works in one of the stores twice a week in order to save on costs. Therefore, if Ted can better manage his operations, it would help him in expanding his b icycle repairs and get his business to grow (Turban et al., 2013).a) Weather Ted to has open his business when at that place is favorable weather to ride any bicycle. During the rainy periods, he has to close down and open during the weekends and during the joyful days he has to open because the weather is favorable. Ted needs information on weather because cycling is late affected by weather conditions.b) Advertisement Ted needs to advertize his business well in order to boost his sales. This is a good strategy as it will enhance his competitiveness with other firms producing resembling products and in turn win his clients. He should have information on the best advertisement argument that will reach his targeted market on time without any delays (Turban et al., 2013). The advertising agency should also font his goods and be cost effective according to his ability.c) Sales this is basically a vital information Ted has to be updated on. The quantity of sales he should make wit hin a given period of time should be dependent on the demand and
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