Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Management Expert

You’ve been working for some time at Unique Shoes, local shoe store which specializes in unusual shoe designs and custom fitting. Presently, customers come to the store to choose their shoe designs and have their measurements taken for custom fitting. The shoes are then manufactured by the supplier in another state and shipped to store for pickup by the customer. The owner, Bill, is extremely interested in expanding his successful business. He has just bought Sassy Shoes, a shoe store in the good location across town, and has appointed a store manager. He plans to continue selling the brands of shoes that the Sassy Shoes has been selling however he wants to add his “unique shoes” to that store’s offerings. Bill’s research demonstrates that, additionally to all of the online sources for shoes, there’re many other local stores which sell shoes: outlets for major shoe store chains, mall stores which carry well-liked brands, small outlets and specialty shops, and department stores. While Bill has been keeping all his records of orders and sales on paper, the records at Sassy Shoes are situated on the manager’s PC in Excel files. Bill realizes that he should treat the two stores as a single business, with one set of accounts, one billing system, and so forth. He thinks this is also a good time to stop using paper records for his orders and sales. Bill really hopes to carry on expanding his business by buying other shoe stores however he will need good information regarding his current businesses to know when he must make his next acquisition. He has asked you to aid him develop the business strategy and IT Plan to achieve his goals. You know that there’re methodologies for examining the business environment and that there’re many ways to develop the business. You also be familiar with that IT is a significant component for accomplishing that goal.

1. Discuss Porter’s Five Forces Model and how Bill can employ it to examine his current business and his expansion. Be sure to address each of 5 forces and describe to Bill what they mean for his business.

2. Based upon your investigation in problem 1, pick one of five forces and discuss how Bill can incorporate his analysis of that force in his Strategic Business Plan (SBP).

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M914341

Have any Question? 


Related Questions in Operation Management

You are the hr manager of a large child care center the ceo

You are the HR Manager of a large child care center. The CEO has asked you to prepare a 2-3 page paper addressing how to conduct comprehensive background checks on employees hired to work with children. Write your 2-3 pa ...

Review the following scenarios and write a paragraph for

Review the following scenarios and write a paragraph for each one describing what media you think would be most appropriate to use, and why. Refer to figure 6-13 (page 267 of your textbook) for suggestions. 1. Many of th ...

Prior to the first meeting of the rww enterprise policy

Prior to the first meeting of the RWW Enterprise Policy Review Committee, Mike asked Iris to meet him in his office. "You've convinced me that IT and InfoSec policy are tightly integrated," Mike said, motioning for Iris ...

Select anynbspfournbspof these six topics and address each

Select any  four  of these six topics and address each question comprehensively: (Please provide references and in-text citations APA Style)  1. It has been said that "a company that deserves a union gets one," suggestin ...

Part one action equationdevelop an action equation for your

Part One: Action Equation Develop an action equation for your organization (or the last organization for which you worked). The action equation should address overall leadership strategy or leadership strategy for a spec ...

Discussion problems and difficulties with air travel

Discussion: Problems and Difficulties with Air Travel Discussion Board is an integral part of your learning in this course. You are encouraged and expected to participate in online discussions. Share an experience you ha ...

1 what are the differences between a cash flows statement

1. What are the differences between a cash flows statement prepared for a governmental electric utility versus one prepared for an investor-owned utility? 2. What are five types of information must be presented in Manage ...

The global oil companythe global oil company is an

The Global Oil Company The Global Oil Company is an international producer, refiner, transporter and distributor of oil, gasoline and petrochemicals. Global Oil is a holding company with subsidiary operating companies th ...

1 what is the corporate culture of an organization and why

1. What is the corporate culture of an organization and why is it important. Discuss in your owns words. 2. List and discuss the five basic steps to effective change management. 3. How would you handle scope creep? Where ...

You were invited by the president of an insurance company

You were invited by the president of an insurance company for a consultation. The president told you that she had the following problem: The head of the life insurance department wanted to provide a new service to their ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen