Question: Read the Scenario below and answer the following question. Scenario : Embracing Change in the Retail Industry. Company: Evergreen Apparel, a mid sized clothing retailer

Read the Scenario below and answer the following question.
Scenario : Embracing Change in the Retail Industry.
Company: Evergreen Apparel, a mid sized clothing retailer with a strong brick and mortar presence but a limited online presence.
Challenge: Evergreen Apparel is facing declining sales and increasing competition from online retailers. They recognize the need to modernize their business and enhance their omnichannel strategy providing a seamless customer experience across all channels.
Your Role: You are a business analyst at Evergreen Apparel. You are tasked with helping the company leverage recent trends in business analysis to improve their operations and gain a competitive edge.
Questions
1. Considering the challenges faced by Evergreen Apparel what recent trends in business analysis eg. focus on customer-centricity, advanced analytics & AI would be most beneficial for them to adopt?
2. Explain your reasoning?

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!