Question

In: Economics

Identify a micro business within your locality and document its sales performance prospects and challenges, make...

Identify a micro business within your locality and document its sales performance prospects and challenges, make recommendations to improve the situation for the firms.

Please detailed explanation will be a good one

Solutions

Expert Solution

Answer-There is a cyber cafe shop in my area, where the children, as well as peoples who were not having an internet connection as well as a computer system, come to do their work through this cafe. The sales performance of this cafe is quite impressive and charges for the use of the system as well as the internet is quite affordable which is helping the shop in more number of customers.

Challenges -1.Speed of the internet connection.

2. Innovation and the chance of development is very limited in the cybercafe business.

3.Rough use of computers by the customers.

Recommendations

1. Having a good speed internet connection.

2. There should be a sufficient number of computers in the shop to fulfill the demand of the customer.

3. To attract the gaming customers there should be high graphic quality computers in the cafe.

4. As there is rough use of computers by customers ,shopkeeper should purchase low budget computers if only offering internet access to the customers.


Related Solutions

Identify a micro business within your locality and document it’s sales performance prospects and challenges. Make...
Identify a micro business within your locality and document it’s sales performance prospects and challenges. Make recommendations to improve the situation for the firm
Introduction A business plan is a written document that describes your business, its objectives and strategies,...
Introduction A business plan is a written document that describes your business, its objectives and strategies, the market you are targeting and your financial forecast. It is important to have a business plan because it helps you set realistic goals, secure external funding, measure your success, clarify operational requirements and establish reasonable financial forecasts. Preparing your plan will also help you focus on how to operate your new business and give it the best chance for success. Securing financial assistance...
Introduction A business plan is a written document that describes your business, its objectives and strategies,...
Introduction A business plan is a written document that describes your business, its objectives and strategies, the market you are targeting and your financial forecast. It is important to have a business plan because it helps you set realistic goals, secure external funding, measure your success, clarify operational requirements and establish reasonable financial forecasts. Preparing your plan will also help you focus on how to operate your new business and give it the best chance for success. Securing financial assistance...
Introduction A business plan is a written document that describes your business, its objectives and strategies,...
Introduction A business plan is a written document that describes your business, its objectives and strategies, the market you are targeting and your financial forecast. It is important to have a business plan because it helps you set realistic goals, secure external funding, measure your success, clarify operational requirements and establish reasonable financial forecasts. Preparing your plan will also help you focus on how to operate your new business and give it the best chance for success. Securing financial assistance...
Colleagues,"sales knowledge" is another critical component to your success in sales. Knowledge of your Customers/Prospects, your...
Colleagues,"sales knowledge" is another critical component to your success in sales. Knowledge of your Customers/Prospects, your Products, and the Technologies available that sales professionals use are the three components of building knowledge. A sales representative who does not perfectly understand the product they’re selling will very likely be ineffective in trying to win clients. Product training is one of the very first things you would receive as a new sales representative (let's assume that you have attended training and have...
what do investors think of the Ford Company Future prospects based on its past performance in...
what do investors think of the Ford Company Future prospects based on its past performance in 2019
7. Identify the challenges faced by management within the Southern African region.(10MARKS) 8. Identify and explain...
7. Identify the challenges faced by management within the Southern African region.(10MARKS) 8. Identify and explain the characteristics of a sys?tem(10marks) 9.List ANY TWO (2) skills managers need to possess
Identify ways to make performance evaluations more effective. Do you believe one of your suggestions is...
Identify ways to make performance evaluations more effective. Do you believe one of your suggestions is of higher priority than the others? Explain. Would you rather work for an organization where everyone knows what others are earning or an organization where this information is kept secret? Why? Some medical experts believe that regular exercises result in better health, improved conditioning and greater tolerance of stressful situations. What would you think about being employed by a company that required you to...
What is your understanding with focusing, its process, benefits, challenges and ethical considerations, etc.?    Identify...
What is your understanding with focusing, its process, benefits, challenges and ethical considerations, etc.?    Identify learning needs for nurses related to climate change.Please cite the reference
Type a professional email towards the supervisor of a pretend Starbucks. Identify three COMMUNICATION challenges within...
Type a professional email towards the supervisor of a pretend Starbucks. Identify three COMMUNICATION challenges within Starbucks, and propose solutions to each of the challenges, grounding these solutions in business communication concepts you are learning in this class. The email should include ALL the elements below and be nearly a page in length. You will write an appropriate email message to your supervisor for Starbucks (an upward communication example of an audience-centered message) introducing the reason for the project and...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT