You are a business consultant at a small consulting firm in Sydney, Australia. A client, Ben...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You are a business consultant at a small consulting firm in Sydney, Australia. A client, Ben McDonald, from office supplies retailer "Office Storeroom" has contacted you to ask for your help. Ben is the newly appointed sales manager at Office Storeroom. You arrange a meeting with Ben at a local coffee shop. During the meeting, Ben explained that Office Storeroom is the longest-running office supplies company in Australia, having started business in 1973. They pride themselves on providing the most affordable office supplies available. They sell office supplies to businesses and personal shoppers. They have 15 retail outlets across Australia, one store in each major city and a few in some of the larger regional areas. Office supplies are also sold online via the Office Storeroom website. Interestingly, despite limited investment in online websites and logistics, almost 65% of their business is now online. Online sales have significantly increased since Office Storeroom went online in 2013. However, during the same time frame, sales at retail outlets have declined. Overall, sales at Office Storeroom have been declining for the past 3 months. Sales figures for the past 5 months are shown in the table below. Month June July August September October Sales $91,199.00 $165,601.00 $147,747.00 $119,699.00 $89,493.00 Table 1: Monthly Sales Figures As the new head of sales (Ben joined in the year 2023) at Office Storeroom, Ben is responsible for improving the sales of office supplies. During the meeting, Ben explains that he knows it is his job to improve sales but he is unsure how to do this. He has asked for your help to conduct some research to investigate 1) What are the reasons for the sales decline at Office Storeroom? 2) What could be done to improve sales at Office Storercom? You are a business consultant at a small consulting firm in Sydney, Australia. A client, Ben McDonald, from office supplies retailer "Office Storeroom" has contacted you to ask for your help. Ben is the newly appointed sales manager at Office Storeroom. You arrange a meeting with Ben at a local coffee shop. During the meeting, Ben explained that Office Storeroom is the longest-running office supplies company in Australia, having started business in 1973. They pride themselves on providing the most affordable office supplies available. They sell office supplies to businesses and personal shoppers. They have 15 retail outlets across Australia, one store in each major city and a few in some of the larger regional areas. Office supplies are also sold online via the Office Storeroom website. Interestingly, despite limited investment in online websites and logistics, almost 65% of their business is now online. Online sales have significantly increased since Office Storeroom went online in 2013. However, during the same time frame, sales at retail outlets have declined. Overall, sales at Office Storeroom have been declining for the past 3 months. Sales figures for the past 5 months are shown in the table below. Month June July August September October Sales $91,199.00 $165,601.00 $147,747.00 $119,699.00 $89,493.00 Table 1: Monthly Sales Figures As the new head of sales (Ben joined in the year 2023) at Office Storeroom, Ben is responsible for improving the sales of office supplies. During the meeting, Ben explains that he knows it is his job to improve sales but he is unsure how to do this. He has asked for your help to conduct some research to investigate 1) What are the reasons for the sales decline at Office Storeroom? 2) What could be done to improve sales at Office Storercom?
Expert Answer:
Answer rating: 100% (QA)
As the business consultant at your consulting firm I will assist you in conducting research to investigate the reasons for the sales decline at Office ... View the full answer
Related Book For
Cornerstones of Managerial Accounting
ISBN: 978-0176530884
2nd Canadian edition
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
Posted Date:
Students also viewed these general management questions
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Your input file contains sentences. A sentence contains words seperated with one space or more spaces. And a sentence ends with a "." Symbol. Write appropriate lex code to create desired outputs....
-
Consider the following options portfolio: You write a November 2014 expiration call option on Facebook with exercise price $80. You also write a November expiration Facebook put option with exercise...
-
Explain how the SELECT and WHERE commands help a user to view the necessary data from multiple database files (tables).
-
Use the pain tolerance ratings (PainTolerance) after the activity to estimate the difference in mean pain tolerance between those who just completed a synchronized activity and those who did a...
-
At the beginning of the year, Ted Frey decided to prepare a cash budget for the year, based upon anticipated cash receipts and payments. The estimates in the budget represent a best guess. The budget...
-
(a) Table 1 shows a truth table. Table 1 A 0 BO C X 0 0 1 0 0 1 1 0 1 0 1 0 1 1 1 1 0 0 1 1 0 1 0 1 1 0 1 1 1 1 0 (i) Produce a Boolean expression for X in terms of A, B and C based on the truth...
-
In an annual-pay cap the Black volatilities for at-the-money caplets which start in one, two, three, and five years and end one year later are 18%, 20%, 22%, and 20%, respectively. Estimate the...
-
You must find a company's blog or podcast that you find interesting (as a component of the company's marketing strategy), explain and support your choice, and post a URL where one can read or listen...
-
Identify a department within ANIBT Hotel's operations and describe how various forms of up-to-date financial information could be utilized to determine whether the department achieved profitability...
-
company manufactures two products X and Y. The price of X is 10 and a volume of 10,000 units. The price of Y is 15 and a volume of 5,000 units. The direct labour costs per unit of X is 2.5 and for Y...
-
Discuss the uses of Cash or Accrual accounting basis why will a company choose to use one of the accounting basis over the other?
-
A company manufactures two products Alpha and Beta. The company expects to sell 400,000 units of Alpha and 700,000 units of Beta. The price of Alpha is 55 and the price of Beta is 65. Alpha has a per...
-
Explain the aproaches to facilitation,definition of coaching , mentoring different between coaching and mentoring , different types an styles of coaching and mentoring models.
-
You need to purchase $6000 of materials for different small projects. There are 150 different types of material required in predetermined quantities with various amounts required for each small...
-
How can you tell from the vertex form y = a(x - h) 2 + k whether a quadratic function has no real zeros?
-
S.P.R. Company has two divisions: the Tana division and the Rabinur division. The following information pertains to last year's results: S.P.R.'s actual cost of capital was 12 percent. Required: 1....
-
Extrim Company produces microwave ovens. Extrim's plant in Sault Ste. Marie uses a standard costing system. The standard costing system relies on direct labour hours to assign overhead costs to...
-
Miroslav Klose, CMA and controller of the Parts Division of Matthaus Inc., was meeting with Franz Beckenbauer, manager of the division. The topic of discussion was the assignment of overhead costs to...
-
Differentiate between tax compliance and tax planning.
-
Differentiate between an open transaction and a closed transaction.
-
What form(s) is (are) used to file an individuals income tax return?
Study smarter with the SolutionInn App