Question

In: Operations Management

You are the assistant to the Managing Director (MD) of an open-air gardening business that does...

You are the assistant to the Managing Director (MD) of an open-air gardening
business that does a brisk week-day trade in indoor and outdoor plants, tools,
chemicals and simple prefab buildings. The business has greenhouses and offices,
but there is no cafeteria or garden shop. The nusiness does not deliver to
customers, and closes at noon on Saturdays, although the practice of three
neighbouring centres is to remain open until 17:00. All customers are required
to pay cash.
The MD has asked you to survey how the business is run, paying particular
attention to shortcomings. She would be glad to receive helpful suggestions.
Write a report based on the information above, and any other that seems
appropriate. Include only the following parts:
Introduction
Findings Conclusion Recommendations

Solutions

Expert Solution

  

Introduction:

Business activity involves selling various products including indoor & outdoor plants, tools, chemicals and prefabs

There are 3 competitors in the neighbourhood which operate from Monday to Saturday (till 5:00 PM)

Findings:

The store is in greenhouse and offices hub, but does not have a cafeteria

Closes by 12:00 noon on Saturdays unlike three competitors

Customers can pay only in cash

Conclusion:

Store is appropriately located and business has potential to grow

Business does not provide anything different from competitors

Store working days and hours are limited

Payment options are not avilable

Recommendations:

Store should have a sitting lounge with open cafeteria surrounded with display plants

Cafeteria should have a theme showcasing products being sold by the store

Cafeteria tables and chairs should have colorful paintings of plants and other products being sold

The entrance of store should be towards walking path of offices

Store should open in the morning at 8:00 AM and close at 6:00 PM. Saturdays, closing time should be 6:30 PM

Customers should be provided with payment using plastic money/ cards/ online transfers


Related Solutions

The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the...
The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the following conversation regarding the development of a new information system for the company: CIO: The way to go about the analysis is to first examine the old system, such as reviewing key documents and observing the workers performing their tasks. Then we can determine which aspects are working well and which should be preserved. MD: We have been through these types of projects before,...
Ali and Bashir are chartered accountants and have been working as Managing Director (MD) and Chief...
Ali and Bashir are chartered accountants and have been working as Managing Director (MD) and Chief Financial Officer (CFO) in a listed company. In a recent meeting of the Board, the directors have decided to expand the business within six months by opening 20 retail outlets. This expansion would require financing of Rs. 300 million which may be arranged through bank loan. The following information has been extracted from latest draft financial statements of the company:      Rs. in ‘000...
Magi Chen is the managing director of Sun Construction Pty Ltd, a family owned business that...
Magi Chen is the managing director of Sun Construction Pty Ltd, a family owned business that provides construction services. As Magi is interested in purchasing some new constructionequipment’s for her business, she has approached her local bank for finance. The bank has asked that Magi provide an audited financial statement to assist them in considering her loan application. Magi has approached your audit firm for this service and you have been allocated the task of auditing Sun Construction for the...
Magi Chen is the managing director of Sun Construction Pty Ltd, a family owned business that...
Magi Chen is the managing director of Sun Construction Pty Ltd, a family owned business that provides construction services. As Magi is interested in purchasing some new construction equipment’s for her business, she has approached her local bank for finance. The bank has asked that Magi provide an audited financial statement to assist them in considering her loan application. Magi has approached your audit firm for this service and you have been allocated the task of auditing Sun Construction for...
You are required to develop a Consumer Behaviour Report for the Managing Director of a Brand...
You are required to develop a Consumer Behaviour Report for the Managing Director of a Brand & Product Line/Model of your choice which outlines the key consumer behaviour related issues faced by the company. Your report will cover the following: 1. Situation Analysis of the Company & Product 2.Selected Target Market Profile 3.Description of Target Market Decision Making Process 4.Personal & Social Influences on Buying Behaviour 5.Psychological Influences on Buying Behaviour 6. Marketing Strategy Recommendations
Suppose that you are the managing director of a pharmaceutical company that sells a unique patented...
Suppose that you are the managing director of a pharmaceutical company that sells a unique patented drug to hospitals and drug stores. You are free to charge different per unit prices at these two markets. Let p be the price per unit of drug and q be the quantity demanded. The hospitals demand curve is described by p = 12 – q and the drug stores demand curve is given by p = 8− q. The marginal cost of producing...
You are the assistant to the Financial Director of TreesRUs Plc who primarily provide forestry and...
You are the assistant to the Financial Director of TreesRUs Plc who primarily provide forestry and landscaping services to large organisations. The Financial Director has recently been appointed and he is considering the accounting treatment of certain transactions. Specifically, he has noted the following transactions during December 20X9: Private Hospital Donation        TreesRUs has given a £150,000 donation towards the cost of a new private hospital in the nearby town. The hospital has extensive grounds and the donation has been...
You are the assistant to the Financial Director of TreesRUs Plc who primarily provide forestry and...
You are the assistant to the Financial Director of TreesRUs Plc who primarily provide forestry and landscaping services to large organisations. The Financial Director has recently been appointed and he is considering the accounting treatment of certain transactions. Specifically, he has noted the following transactions during December 20X9: Private Hospital Donation        TreesRUs has given a £150,000 donation towards the cost of a new private hospital in the nearby town. The hospital has extensive grounds and the donation has been...
Q6. You are the assistant director of political research for the NBC television network, and two...
Q6. You are the assistant director of political research for the NBC television network, and two candidates Jeffrey Temple and Rotenberg Marvel, are running for president of the United States. You need to furnish a prediction of the percentage of the vote going to Marin, assuming the election was held today, for tomorrow’s evening newscast. You want to be 93% confident in your prediction and desire a total precision of ±4 percentage points. a) Assume that you have no reliable...
You are the IT director at Attaway Airlines, a small regional air carrier. You chair the...
You are the IT director at Attaway Airlines, a small regional air carrier. You chair the company’s systems review committee, and you currently are dealing with strong disagreements about two key projects. Dan Esposito, the marketing manager, says it is vital to have a new computerized reservation system that can provide better customer service and reduce operational costs. Molly Kinnon, vice president of finance, is equally adamant that a new accounting system is needed immediately, because it will be very...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT