Free

(2 Questions) - Case Study Example

Comments (0) Cite this document
Summary
From the company’s case study, ExpoArte generated a lot of revenues and sales from exports realized in North America and Europe. The potential clients for the company were Holland, Switzerland, and Germany. In the market, ExpoArte depends on transactions realized from…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.5% of users find it useful
Case Study (2 Questions)
Read TextPreview

Extract of sample "(2 Questions)"

CASE STUDY affiliation From the company’s case study, ExpoArte generated a lot of revenues and sales from exports realized in North America and Europe. The potential clients for the company were Holland, Switzerland, and Germany. In the market, ExpoArte depends on transactions realized from Alternative Trade Organization especially in terms of production financing. In the market, Alternative Trade Organization were the most active and lucrative company to deal with. Despite their large purchase the market industry do not have the ability to maintain their production capacity. Companies that survive under this market depended on maintaining their commercial buyers who specialized in handicrafts. Additionally, to survive in the market firms needs to carry out large exports. The market under which the ExpoArte operate has variety of distribution channels that occur within the US and the European market. The common wholesale and the retail importers being ATO. The department store regarded themselves as both the retailers and the importers selling their products at a considerable high price (NICARAGUA, n.d.). This departmental store serves the higher segment of the market. Firms that concentrated in importing their purchased products sold them to domestic and regional retailers who later sold them at a higher markup. The retail importers manage to sell their stores to the public. Based on the market analysis, ExpoArte need to focus on their generation of profits until they secure their bottom line. The company needs to embrace product differentiation and implementation of economics of scale to increase their sales. The company also needs to cut down on their operational cost and increase their profits. This will help the company to strategize on passing their production costs off to their artisans. The company also need to come up with a new management culture. The new management culture will incorporate setting up appropriate organizational structure that will safeguard every aspect of the company’s operation. This will entail setting up operation managers in each department within the company. The move will help the company improve and distribute their administrative power efficiently. The company also needs to focus on their website for market, the website will help the company to expand their advertising strategy. The strategy will help the company market itself beyond its stakeholders. Financial forecasting and encouraging their clients to pay a higher percentage for their upfront will be important. The strategy will help the company to plan well and ensure that they meet their short-term financial obligations. The short-term effect of the strategy will make the company to be rated as a going concern business.
2. The strategic plan for the company needs to be based on its inventory. The company needs to come up with an updates inventory system that will streamline the procedures and the firm to run its operations smoothly. To ensure that the new system works at its best, the company needs to train their employees on how to use the system. The company needs to come up with a short term plan that will update all their records. This is because, old and outdated data were still include in their current stock. This is dangerous for the company for it will not be able to keep track of their proceedings (NICARAGUA, n.d.). This tends to affect the decision making process for the company. The company also needs to organize their inventory items. From the case study, it is all evident that at times it happened that a single product code was used for a similar product with varied color. The company also needs to align some of its product. From the analysis, the ceramics were not easy to organize due to varied finish, form, color and design. Therefore, a plan will need to come to incorporate a varied technique that will cater for the finishes and processes for the ceramic. Some of the anticipated processes include the relief carving, molding, and spinning.
Reference
NICARAGUA, M. ExpoArte, S.A. PORTRAITS Of BUSINESS PRACTICES In EMERGING MARKETS, 3(3), 44-45. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Case Study (2 Questions) Example | Topics and Well Written Essays - 500 words”, n.d.)
Retrieved from https://studentshare.org/business/1696575-case-study-2-questions
(Case Study (2 Questions) Example | Topics and Well Written Essays - 500 Words)
https://studentshare.org/business/1696575-case-study-2-questions.
“Case Study (2 Questions) Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/business/1696575-case-study-2-questions.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Case Study (2 Questions)

Marketing Questions

...? Product RED Product RED is program in which GAP is one of the founding partners. For every RED product purchased, GAP contributes 50% of the profits of specially labeled products to AIDS prevention and elimination programs. The four components of corporate social responsibility relate to the RED campaign in different ways. The legal component relates to GAP’s compliance with various federal, state and local laws. Acting as a law abiding citizen ensures the credibility of GAP’s contribution to the RED program. The economic component includes GAP’s continued success in being as profitable as possible, to maintain its commitment to the RED program. The organization must ensure that is operates as efficiently as possible, so... Product RED...
3 Pages(750 words)Case Study

Assignment 2

...? Impact of Information Systems on Business Processes: Case Study Analysis [N a m e] PROBLEM WITH THE INFECTION CONTROL PROCESS: The analysis of the existing Infection Control Process of the healthcare organization resulted in the identification of the following problems or issues (Christian and Fischer, 563): There was lack of synchronization in the existing Infection Control process of the organization. The reports about the diseases related to infections were only created in the afternoon. Hence the Infection Control Practitioners were able to identify infections on the mornings of the next weekday which resulted in slowing the process as the next step in the Infection Control process was dependent on the generation... Impact of...
3 Pages(750 words)Case Study

Assessment 2

... and in this case, the concept of caveat emptor which requires them to be careful before making an offer can be invoked. This therefore means that Watertankz is binding and all connected facts, once it was not disclosed as a clause in the offer cannot be used as a justification for the revocation of the offer after it is accepted by Harry. Also, when Watertankz receives Harrys posted acceptance is not material in this situation. This is because the postal rule from Adams V Lindsell states that once an acceptance is posted, there is a binding contract. Question 2 Issue The issue in this section is whether Harry has any rights under Australian contract law in this case that Watertankz has decided to return his cheque and opt out... ...
6 Pages(1500 words)Case Study

Law 2

...and Gary, Gary has a good chance of winning the case resulting to either Sheldon being ordered by a court; to sell the house to Gary or will be able to receive back his deposit with accrued interest also be compensated for damages. For this case if Gary refuses to rescind then interest continues to accrue until the case is finalized. For the $50,000 he used in repair and maintenance, he is entitled to full compensation since this is seen as damage on behalf of Gary resulting from a void contract sale of residential property Act 2003 section 19 (2). Question 2 According to NSW sale of residential property Civil law Act 2003, Gary and Sheldon were supposed to undergo a process that would...
5 Pages(1250 words)Case Study

Assignment Questions

.... What we can derive from the population coefficient is that 3.48 is stronger tham 2.0 and 5.5 is stronger than 3.48. Question 22. A) Current accounting information is sufficient. Cost of production of the items varies but there is cost that is associated to unused capacity in the firm. If Einstein Inc. decides to stop production of Product to the unused capacity in the factory such as space, engineers and production managers will have extra cost on the produced products. To avoid the extra cost from unused capacity the firm would have to sell more items from the items that are performing or to release the resources that would carry this extra cost such as retrenching managers...
6 Pages(1500 words)Case Study

Three Questions

...QUESTION ONE Model 1 can be explained as a defensive and competitive attitude towards the world. The second model is less defensive and more concerted. According to Argyris, the administering principles of the first model are namely: achievement of purpose in line with the perception of the actor, minimize occasioning destructive emotions, minimize losing but maximize success and be cogent by curtailing emotionality. This results in the confrontational and self-justifying strategies of action, scanty learning and meagre relationships (Argyris et al. 74). The second model on the other hand can be described as having the following governing ideals: unrestricted and informed decision, indorsed information, internal dedication... blamed the...
3 Pages(750 words)Case Study

Case 2

...General Electric: Ecomagination as a CSR Initiative Case Summary The case presents G.E.’s CSR efforts and the recent ecomagination approach coupled with its sustainability and efficacy (Reed & Neubert, 2011). General Electric embraces a comprehensive past performance for being at the public discourse center relating to environmental concerns with corporate strategy. However, G.E. takes proactive approaches in connecting corporate social responsibility to organizational profitability in ecomagination initiatives. Also, critics and some investor groups continue questioning the Immelt’s utility approach for shareholder returns and other stakeholders questioning g eneral electric’s methods and...
2 Pages(500 words)Case Study

Questions answer

... Why does the contemporary view of procurement as a strategic activity differ from the more traditional view of purchasing? Purchasing is buying of goods and services to be useful to an organization. In the past, organization bought goods of good quality and quantity to offer excellent services to the clients but recently the trend has changed as purchasing is seen as a strategic form used by companies to control bottom line cost as they purchase goods at a lower price. Purchasers also seek to improve purchasing processing to attract clients as there is a high competition. Traditional purchasing process involved several steps such as orders, invoices and the like. These methods have become extinct over the years as they are slow... Why does...
1 Pages(250 words)Case Study

Reading questions

... Getting Closer to s Effects of the manner in which Alternatives evaluation on Consumer’s choices Most companies focus consumers’ attention on the alternative under consideration. Marketers focus on a specific alternative to increase its choice probability and the perceived attractiveness of that alternative. For instance, in the electronics industry, retailers organize high quality products based on models while the organization of low quality products basing on brands. In the low price products market, Marketers may influence consumer decisions by asking them how they would feel if they made a wrong purchase decision. This manipulation of customers can help increase sales of a known brand even though that brand might be inferior...
1 Pages(250 words)Case Study

Zara Questions

...twice a week, which in a way eliminates the need for warehouses. This way Zara is able to design and reach the finished goods in stores within 4 to 5 weeks, and just 2 weeks for the restocking of existing products. 2. The major competitors of Zara as described in the case study are The Gap, Hennes & Mauritz, and Benetton. The Gap is the U.S. based retailer of casual clothes particularly selling T-shirts and jeans. Its store operations are mainly U.S. centric but its production is internationalized, with 90 percent of their finished products being outsourced from outside the U.S. Hennes and Mauritz is the Sweden based retailer of casual clothes and is regarded as the closest competitor to Zara. H&M has...
2 Pages(500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Case Study (2 Questions) for FREE!

Contact Us