Question

In: Operations Management

Choose a business with which you are familiar. Describe the ways in which this business has...

Choose a business with which you are familiar. Describe the ways in which this business has advantages or disadvantages in relation to:

(a) visibility

(b) cost (in terms of likely premises expenses and transport costs)

(c) proximity to customers

(d) proximity to suppliers

(e) proximity to any complementary businesses.

Solutions

Expert Solution

Let us take the example of Declathon sports retail business.

(a) visibility: This business has got good visibility as there are only a few players in the sports retail market who are organized on such a large scale.

(b) cost (in terms of likely premises expenses and transport costs): The cost of this business in terms of premises is very high because most of the store location is in the city or just outside the commercial centers of the city. Therefore premises expenses are very high. Transportation cost is similar to other retail store but it has more cost because the sports item needs specialized transportation.

(c) proximity to customers: They have very close proximity to its target customer as the store locations are near to the place of residences of the customers i.e. city and most of the customers for them are located in the city only. They have good B2B business also and for these B2B transactions they are the suitable partners as their store is in city limits.

(d) proximity to suppliers: Their supplier proximity is not very close as for the sports good suppliers are mostly located in one part and from there the supplies has to be made to all the stores spread across the nation. Therefore in terms of physical proximity, they are far situated because they can not source such items locally in the individual city of operation. but in terms of a close relationship with their vendors, they have a very good relationship and close tie-up with the vendors.

(e) proximity to any complementary businesses: Yes they are not situated very far from the complimentary business. if we see their store locations they are nearby shopping malls mostly and in the shopping malls there are different retails stores that sell the sports items. Therefore they don't prefer the distance from complimentary business rather they believe in proximity with customers.


Related Solutions

Choose a company with which you are familiar. what are some of the ways in which...
Choose a company with which you are familiar. what are some of the ways in which it uses technology to leverage its human capital?. Please cite at least one reference to support your finding.
Choose a company with which you are familiar. What are some of the ways in which...
Choose a company with which you are familiar. What are some of the ways in which it uses technology to leverage its human capital?
Choose a firm with which you are familiar in your local business community. Is the firm...
Choose a firm with which you are familiar in your local business community. Is the firm successful in following one (or more) generic strategies? Why or why not? What do you think are some of the challenges it faces in implementing these strategies in an effective manner?
Choose a service scape for a business with which you are familiar and list key physical...
Choose a service scape for a business with which you are familiar and list key physical attributes of the servicescape and their impact on customer service and value. Explain how the servicescape sets the behavioral setting for your example.
Please choose an organization with which you are familiar and describe its culture in 7 dimensions.
Please choose an organization with which you are familiar and describe its culture in 7 dimensions.
Describe a firm with which you are familiar. Which business-level strategy does it use and what...
Describe a firm with which you are familiar. Which business-level strategy does it use and what are the risk to that particular firm?
Choose a concept with which you are familiar, and imagine that you have to teach that...
Choose a concept with which you are familiar, and imagine that you have to teach that concept to a classroom of students. Describe the concept that you will teach, then explain five specific things you could do to help students learn the concept. Describe what contemporary psychologists mean by the terms schema, script, personal theory, and worldview, and explain how each of these can influence learning and memory. Use concrete examples to illustrate your discussion.
Think of a business with which you are somewhat familiar. For that business: A. What are...
Think of a business with which you are somewhat familiar. For that business: A. What are the fixed costs? B. What are the variable costs? C. What are the explicit costs? D. What are the implicit costs? The following numbers will be estimates (I'm not asking you to do any research; Begin by entering possible numbers for the fixed costs and variable costs for each level of output. Then calculate total cost, marginal cost and average cost. I just want...
2. Think of a business with which you are somewhat familiar. For that business: A. What...
2. Think of a business with which you are somewhat familiar. For that business: A. What are the fixed costs? B. What are the variable costs? C. What are the explicit costs? D. What are the implicit costs? The following numbers will be estimates (I'm not asking you to do any research; Begin by entering possible numbers for the fixed costs and variable costs for each level of output. Then calculate total cost, marginal cost and average cost. I just...
Choose a health care organization or provider with which you are familiar, and describe its patient information capture process.
  Choose a health care organization or provider with which you are familiar, and describe its patient information capture process. Does this process support operational effectiveness, satisfy compliance requirements, and promote quality patient care? Explain.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT