Question

In: Economics

Explain how you would organize or transact business (Redner's Market) based on the nature of the...

Explain how you would organize or transact business (Redner's Market) based on the nature of the product you’re offering, your understanding of rule of law, and the culture in Nigeria (200-250 words)

*Business is Redner's market (it is supermarket)

Solutions

Expert Solution

ANSWER :-

Organize a business in Nigeria one needs to experience the accompanying stages:

Theoretical plan exercises focussedbon reasonable subtleties relating to the product.

●Degree and target extension and goal ought to be clear.

●Venture evaluation venture checking ought to be done at ordinary intervala.

●Planning it ought to be done at standard stretches.

●Work breakdown structure in general ventures ought to be part into non covering segment.

●Association breakdown structure to execute task recorded under each work bundle.

●Cost breakdown structure strategy to interface singular component in the Work breakdown structure to the element of cost.

●Setting cutoff times and achievement it ought to be set.

Assets arranging : gear .material arranging and Labor arranging.

Objective plan :objective detailing ought to be there to enter into Nigeria.

Methodology plan : appropriate advertising technique ought to be there.

Program details : Program me ought to be at pkace.

●Input and control accentuation ought to be there on criticism and control.

Evaluation of organization division :Each dept ought to be surveyed.

●Research and development innovative work office ought to be there to encourage new item improvement.

●Buying buy dept ought to be there.

●Showcasing accentuation ought to be there to draft a strong promoting strategy.

●Deals accentuation ought to be there in deals improvement.

●Strategic legitimate coordinations arranging ought to be there.

●Bookkeeping legitimate bookkeeping apparatus ought to be set up to check the income and working capital.

●Money Finance dept ought to be there to check the working capital.

●Open connection open connection ought to be overseen

●Item assortment there ought to be variety in product offering in store.

●Quality strick quality ought to be there.

Marking : marking machnary ought to be there.

●Evaluating valuing nachinary ought to be there.

●Advancement strategy ought to be there.

●Spot appropriate portion ought to be there.

PLEASE UPVOTE.


Related Solutions

Explain how you would organize or transact business (Redner's Market) based on the nature of the...
Explain how you would organize or transact business (Redner's Market) based on the nature of the product you’re offering, your understanding of rule of law, and the culture in Nigeria (200-250 words) *Business is Redner's market (it is supermarket)
How would you define “business process management” based on this video and text reading? How would...
How would you define “business process management” based on this video and text reading? How would you compare it to business process re-engineering, continuous improvement, and total quality management approaches?
You are one of the potential investors in a business . Explain how you would go...
You are one of the potential investors in a business . Explain how you would go about evaluating the proposed investment. Use at least three different methods of evaluating investments. Describe the three different methods, and explain which one of these methods used is the best for this particular decision. Motivate your answer. Describe any potential negative issues of the chosen method which you should be aware of. Answer must be between 1500-2000 word counts
In taking a new business into Egypt. How would you recommend they enter the market and  what...
In taking a new business into Egypt. How would you recommend they enter the market and  what infrastructure do they need in country to offer your solution? (i.e., ports, electricity, Internet, language, rule of law) Why and  How would the solution be communicated to potential customers? Note: Here we are discussing business related to farming
To demonstrate that you recognize the place-based nature of tourism and how this relates to tourism...
To demonstrate that you recognize the place-based nature of tourism and how this relates to tourism impacts - illustrate and discuss one example you are familiar with from your own experience. Critically discuss the complexities surrounding the categorization of tourism impacts. Summarize the different factors that affect the degree of tourism impacts.
Based on what you know, how would you explain the connection between taxes and valuation?
Based on what you know, how would you explain the connection between taxes and valuation?
Chapter 16: Imagine that your audience is a group of fourth graders. How would you organize...
Chapter 16: Imagine that your audience is a group of fourth graders. How would you organize an informative speech about "Space Exploration?" How will you make it interesting and not overwhelming? Chapter 15: What is extemporaneous speaking? What are the advantages of using this speaking style over impromptu and manuscript styles? Chapter 14: In your opinion, is writing the introduction to a speech or a paper more or less challenging than writing the conclusion? Why? Chapter 14: What is a...
Explain the juridical nature of the various sources of international law. How would these differ from...
Explain the juridical nature of the various sources of international law. How would these differ from those pertaining to municipal legal system?
How would you explain the high prices in the current UK Housing market? If you were...
How would you explain the high prices in the current UK Housing market? If you were in the real estate/property management business, how would you protect your bottom line?
1) Based on your knowledge of development, how would you explain the death of a grandparent...
1) Based on your knowledge of development, how would you explain the death of a grandparent to a 6-year-old? 2) Imagine that your 40-year-old neighbor has recently been widowed. List one thing you would do or say to help her and one thing you should not do or say. Explain your choices. resaponse must be 300words in length
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT