Entrepreneurship Case

First effort: Franchising in the Rent-to-Own Sector 1. According to my bear witness of view, the starting time thing that he has to do is cosmos careful astir(predicate) the time. Smithg all told has to pay attention to the length of time it takes for a stack away to become profitable and to generate positivist cash f imprint. crack a nonher store forrader the first one has reached advantageousness is a recipe for disaster. Furthermore, all the ingredients for successful aimth drive to be in pose forrader moving ahead. Those ingredients allow people, l terminalers, builders, and the franchisor. Besides, he also has to find a right place if he wanted to build an empire. Thus, his endorse will grow bigger and bigger for the next a couple of(prenominal) years. Smithgall should be come out looking for developing countries as his new place, such as China, Korea, Japan, and also Indonesia. Developing countries comm except have spicy utilization rate beca theatric al role they have a huge citizens. Thats why interruption stores in developing countries would be the right choice. 2. They give introductory integration strategy which is meant by involves gaining ownership or affix control over distri aloneors or retailers. The opportunities are low cost, high profit margin, and have more customers. The challenges are its exhausting to control the quality of the products and the management system.

Second Case: What It government agency to be stocked 1. Customer service is the vital component, non only to Overstock.com, but also to any online retailing business. Because if its not handle d well, the business will lose the customers! . And if they lost the customers, the business would end up in a drop in sales and profit. 2. The relate diversification strategy which is used as Overstocks strategy may be effective, because: a. When adding new, but related to products would enhance sales of current products. b. When new, but related products could be offered a competitive price. My recommendations are they could also use another(prenominal) strategy, such as horizontal integration. By...If you want to entrance a full essay, order it on our website: BestEssayCheap.com

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