Write a 750- to 1,050-word paper evaluating the financial health of a company.?
considerations:
1. price setting. can set prices more appropriately if know others in industry charging.
2. develop expectations. keeping track of industry trends, might develop next step ahead of competition , first come out next new fad
3. improve efficiency. knowing financial statistics (e.g. gp margin) of competitors, can check see if you're moving along right track.
4. customise promotions. see others doing, , if can better. perhaps competitor bundling products offer "buy 2 1 free" promotion. offering?
5. customer service. competitor known customer service? why not too? how returns policy compared others'?
etc
can compare mcdonald's burger king or wendy's, or 2 similar companies, e.g. nike , reebok.
highlight importance of industry comparisons , trends.conduct industry comparison discussing how company’s financial performance compares others in company’s industry.
Business & Finance Corporations Next
Comments
Post a Comment