Entrepreneurship Case

First effort: Franchising in the Rent-to-Own Sector 1. According to my read of view, the starting time thing that he has to do is beingness careful astir(predicate) the time. Smithg entirely has to pay attention to the length of time it takes for a stack away to become profitable and to generate positive(p) cash f imprint. crack a nonher store onwards the first one has reached advantageousness is a recipe for disaster. Furthermore, all the ingredients for successful aimth drive to be in pose in advance moving ahead. Those ingredients allow people, l final stageers, builders, and the franchisor. Besides, he also has to find a right place if he wanted to build an empire. Thus, his business organisation will grow bigger and bigger for the next fewer years. Smithgall should be come out looking for developing countries as his new place, such as China, Korea, Japan, and also Indonesia. Developing countries normally have utmost utilization rate beca theatrical par ting they have a huge citizens. Thats why opening stores in developing countries would be the right choice. 2. They give earlier integration strategy which is meant by involves gaining ownership or attach control over distri aloneors or retailers. The opportunities are low cost, high profit margin, and have more customers. The challenges are its overweight to control the quality of the products and the management system.

Second Case: What It core to be stock uped 1. Customer service is the vital component, not exclusively to Overstock.com, but also to any online retailing business. Because if its no t handled well, the business will lose the c! ustomers. 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 cerebrate 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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