Describe the operations of primer Inc. in terms of the four Vs (volume, Variety,varibiity and ,visibility) indicating whether each variable is high or low,and its implication for strategy
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Describe the operations of primer Inc. in terms of the four Vs (volume, Variety,varibiity and ,visibility) indicating whether each variable is high or low,and its implication for strategy.
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- Explain the nature of recommendation of poslaju company in terms of: 1. Collection 2. Warehouse 3. DistributionThe annual demand for an automobile part is 3200 units. The unit cost is 60 OMR and inventory carrying charge is 25% of unit cost. Ordering cost is 20 OMR per order. (i) Determine the economic order point (ii) If you place an order for 110 units every time, is it profit or loss? How much and Why? (iii) Why demand forecasting is important for an organization? Compare qualitative and quantitative forecasting technique with an example.Use the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subject hotel. ITI Rooms Available (Supply) Rooms Sold (Demand) Revenue The subject hotel 10'000 7'000 700'000 Hotel A 9'000 3'000 400'000 Hotel B 9'000 8'000 700'000 Hotel C 10'000 7'000 700'000 Hotel D 7'000 5'000 500'000 Hotel E 11'000 8'000 700'000 Hotel F 8'000 4'000 400'000 Select one: a. None of the above b. 106.67 c. 108.00 / d. 92.59
- Bella has a passion for sports and thinks it is important to have the right training apparel for sports and training and would like to offer custom made apparel also. She believes there is a gap in the market and consumers have limited options for sporting apparel. She is considering opening up her own sports clothing store in a busy local shopping centre. (a) In respect to defining markets, identify ONE type of market that her business a clothing store would operate in. (b) Name and describe ONE method that could be used by Bella to collect relevant data about potential customers/a consumer target market for her sports clothing store. (c) Name and explain how ONE element of the promotion mix would assist to promote Bella’s sports clothing store, provide a specific examplesUse the table provided below showing rooms available, rooms sold and rooms revenue for 7 properties (subject hotel + comp set) for one month to compute occupancy index for the subject hotel. Rooms Available (Supply) Rooms Sold (Demand) Revenue The subject hotel 10'000 7'000 700'000 Hotel A 9'000 3'000 400'000 Hotel B 9'000 8'000 700'000 Hotel C 10'000 7'000 700'000 Hotel D 000י7 5'000 500'000 Hotel E 11'000 8'000 700'000 Hotel F 8'000 4'000 400'000Table: Factors causing the decline in sales Factors % Contribution Delayed deliveries 15% Lack of delivery personnel 8% Inaccurate sales orders 25% Wrong deliveries 32% Delayed invoicing 6% Pilferage 7% Expired items 7% a. Following the Pareto Principle, what are the vital factors or main contributors to the decline in sales? Show your Pareto Chart and indicate or label the vital factors or contributors to the problem. Hint: know the vital few % b. What are the vital factors or vital contributors to the problem? c. If the sales and marketing manager wants to reduce the impact of vital factors or contributors by 70%, what will be a good GOAL Statement to improve his sales problem? Hint: Use SMART GOAL
- List and define the main geographic and non-geographic categorizations that are displayed on the STAR report. Review the various types of data, metrics, and date definitions related to the STAR reports Define the different breakdowns for segmentation data. What type of data is not displayed on a STAR report? Identify difference between North America and Non-North America STAR reports. What do you think are the most important pages in a monthly STAR report. Create a possible procedure and order of steps to review a monthly STAR report. Describe the pages that compare the subject hotel to industry data and explain the value of this comparison. Describe the pages that compare the subject hotel to the comp set. What are all the various metrics that can be analyzed? Describe the response pages and the values of this information. Describe how a hotel that is performing well (beating their comp set) can use the STAR report to look for areas of improvement. Describe how a hotel that is…Briefly explain each of the following e-commerce revenue models by highlighting differences, ( if any) a) Advertising revenue model b) Subscription revenue model c) Transaction fee revenue modelImagine yourself as Business Development Manager in ABC and your task is to create new business strategies for your products and increase sales volume and diverse customer portfolio. Before you start, we would like to give some information about our current customer portfolio as follows: Customer Segment Percentage of segment Revenue Stream High-end / Michelin Restaurants 37% 50% Mid to High Restaurants 43% 34% Cafes / Small Restaurants 20% 16% Table shows our customer distribution by percentage of each segment and share of each segment in total revenue. Questions: (a) How would you increase sales among current customer portfolio (aka chefs/restaurants)? Which group of chefs/restaurants would you focus and why? Which channels would you use to reach your prospective customer and sell your products to them? (b) Remember your idea for new target group suggested by you in previous case, in which platforms or places would you sell your products among your…
- I love being a Dad and I intend to capture my daughter’s life on some sort of permanent media. Specifically, I have chosen to use aPanasonic camera and have its film developed at Bryan Photo Studio. My choices to use the Panasonic camera and Picture Perfect PhotoStudio represent choices based on:a. Wantb. Affordabilityc. Needd. Demand. Choose an internet-based firm and: (i) Undertake a profile of their customer base using demand analysis; (ii) Undertake a profile of their marketing mix; (iii) Identify the values that underpin the brand.Outline the basic procedures involved in segmentation. Where does it diverge from paging? When something is said to be compacted, what exactly does that mean?