Assess Shop Thursdays’ internal strengths and weaknesses.
Assess Shop Thursdays’ internal strengths and weaknesses.
Assess the external environment in which Shop Thursdays was operating.
Outline the qualitative pros and cons of maintaining the Exchange Tower location or increasing the focus on Shop Thursdays’ online shop.
Calculate the unit contribution margin and contribution margin ratio for the two types of orders made at Thursdays’ Exchange Tower location and for the two types of orders made online.
Calculate the total annual fixed costs of operating the Exchange Tower store and online store. If the Exchange Tower store were to close, how much funding could then be allocated toward influencer marketing for the 2020/21 fiscal year?
Calculate and analyze Thursdays’ break-even for the influencer marketing strategy.
Calculate and analyze the projected profitability of the Exchange Tower store for the 2020/2021 fiscal period.
Calculate and analyze the projected profitability of the online store if the Exchange Tower store were to close for the 2020/2021 period.
As Piltz, what is your decision? Justify your choice using both qualitative and quantitative analyses.
Solved by verified expert Strong company culture and values
Skilled and experienced employees
Efficient and effective operations and processes
Good reputation among customers and stakeholders
Strong financial position
Internal Weaknesses:
Inadequate m
Looking for a similar assignment?
Let Us write for you! We offer custom paper writing services
Lack of innovation and adaptability
Poor employee morale and high turnover rate
Inefficient or outdated technology
Inadequate marketing and sales strategies
It’s important to note that the strengths and weaknesses of a business will depend on various factors, such as the industry, size of the company, and competitive landscape. A more in-depth analysis of Shop Thursdays’ internal strengths and weaknesses would require a detailed assessment of the company’s operations, finances, and market position.
