Question: Case Analysis Questions 1 . Discussion ( 5 Points ) In what ways can a newer, smaller competitor punch above its weight by taking advantage
Case Analysis Questions Discussion Points In what ways can a newer, smaller competitor punch above its weight by taking advantage of the Internet? How can the Internet be applied as a tool to help businesses avoid some of the costs associated with doing business following more conventional or old school approaches? How do you see the balance of power in industries like the eyewear industry shifting as customers become more comfortable buying eyewear online? Discussion Points What impact does Warby Parkers decision to donate a pair of eyeglasses for every pair purchased from them have on customers perceptions of the company? How does Warby Parkers focus on being a great place to work influence how the company is seen in the market? Problem Solving Points As an operations management consultant, youve been contracted to help a large, traditionally configured clothing companyMarquee Clothes to become more Internet enabled and competitive in light of customers shopping habits, attitudes, and expectations. The company has a wellestablished supply chain infrastructure, currently has more than retail locations, and has been in business for more than years. Over the last several years, with increasing numbers of mall closings, the business has had to shut several of its stores and is seeing much of the foot traffic that traditionally was its bread and butter start to decline as well. Sales have been off the last three quarters, and the yearold owner of the privately held company is concerned that shell have to close more stores if things dont turn around. Shes been convinced by her collegeaged daughter that in order to continue to compete, the company is going to have to undergo a makeover and become a twentyfirstcentury player, with a fully fleshedout online approach and strategy. What should she do What are some of the first things that youd advise? What steps need to be taken to help take Marquee Clothes fully into the twentyfirst century?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
