Question: i need a structured report Question 1: [O1] [10 x 1 = 10 Marks] Please select and observe any small business in your area. Based

i need a structured report

Question 1: [O1] [10 x 1 = 10 Marks]

Please select and observe any small business in your area. Based on your observation, prepare a report that will address the following:

1. Identify the business name, location, and hours and days of operation

2. Does the business in the strategic location?

3. Describe its products and/or services.

4. Identify its customer.

5. Why do you think that customers buy their product and/or service from this company?

6. Identify two competitors and describe how this business differentiates itself from them

7. Does the business have a competitive advantage?

8. In your opinion, what dangers does this business face in the near-term? Explain your reasoning

9. If this were your business, what would you do differently? Explain your response.

10. Compile all your work on a structured report

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!