Question: A ) 1 . Decrease the staff sales training cost to decrease the staff sales training cost from 1 0 0 0 0 0 to

A)1. Decrease the staff sales training cost to decrease the staff sales training cost from 100000 to 80000 we should consider implementing online trainings, that can be completed at own pace or at a set deadline. This is a cost-efficient way of staff training.Another step to reach the desired outcome is encouragement of peer-to-peer training when senior staff would teach the new staff.Furthermore, we might want to consider reducing the number of training sessions, and summarize the key points in one session, rather than two. 1. To increase foot traffic to 1500 we could implement the following When launching a new product, we can hold an event in-store, to attract potential customers. Another way to foster foot traffic is to send out e-mail newsletters with promotions and discounts. Next step that would be worth considering is launching a social media ad campaign, if possible, we want to collaborate with famous Australian people, such as Hugh Jackman, as its a proven way that resonates with customers. 2. To increase the revenue to 15%, we can implement a loyalty program, to have an incentive for repeat business. Are there any associated risks and is their any mitigations?

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