Saturday, June 15, 2019
Report Essay Example | Topics and Well Written Essays - 1000 words - 10
Report - Essay ExampleAnother reason why the multitude chose this kind of set-up is because of fast delivery of the item that they will be buying they can immediately possess or take-home their purchased item(s). On the other hand, acquire good quality products is also one of the concerns of the target market, and that is the area where Cash Computer Supplies is at par with its competitors.Cash Computer Supplies first year trading operations profited a low income because their market or buyers are very limited. The company only markets to the students of Memorial University and due to the Universitys high turnover of students, it is hard to introduce regular customers on the student market segment. Closing down the business because of the above reason is not the solution to take because the company has a current potential in pioneering and leading the mail-order computer supply industry in Newfoundland. And also, opening up a retail store as a elbow room to combat their compet itors head-to-head is not a good option as well as this will only add them up overhead cost and carrying costs on their inventory.Cash Computer Supplies has the potential to compete in the computer supply industry in Newfoundland, it only needs a slender re-organizing within the company management to be able to sustain and increase their market share. The several recommendations which are considerable are as followsContinue on with the business, closing it down because of the unfavorable result from the phone survey is not a viable option. The company has great potentials which can still be heighten if careful studies on the internal and external SWOT will be conducted.First, the company must create and establish its own mission/vision as this will help and guide them follow a certain direction and achieve a successful long-term goal for Cash Computer turn in (see Exhibit 1).By having a mission/vision, just like all other successful companies including their
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