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
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