In the current education system many students face difficulties in
solving their business assignment, given the fact that business
assignment topics need lots of practical knowledge and practical
implication for better understanding.
Few important factors those
are important for the business assignment is to understand the basics of
the business and the topic for which assignment is to be done. For
example students are looking for Supply Chain, Products & Services,
Demand Determinants, Major Markets, International Trade and Business
Locations for solving the business assignment report.
If the
business we are studying is related to the food and food product then
for product and services we need to understand the products that are
sold in the specialty stores like bakery products and candy, dairy
products, coffee and tea etc. How demand for these products are impacted
with the change in the business environment. Demands for these
products are dependent a lot on the household income. Rise in household
income increases the demand for these products and with the decline in
household income demand for these products declines. 
To
further understand the dynamics of the business assignment student
should understand the market segmentation of the product. Like how the
product is accepted by the Consumers aged 51 and older, Consumers aged
younger than 18, Consumers aged 36 to 50 and Consumers aged 18 to 35.
Customers older 18 to 35 are expected to account for the biggest share
of the foodstuffs. Customers in this age team are most likely to look
at new meals and drink items and typically have the most optional
earnings to spend on specialized meals. In addition to organic meals
and drink items, this team has also been a primary car owner of water
in bottles suppliers such as Filtered Water to Go. Demand from this
team reduced from 2008 to 2010 because lack of employment shot up,
pushing many people to cut back on the often more expensive specialized
meals. However, as the economy gets back, analysts desires revenue
from consumers older 18 to 35 to increase as non reusable earnings and
consumer feeling recover.
To
understand the business policy and business assignment report student
further needs to understand the strength, weakness, opportunities and
threats of the business for which reports is to be prepared. This is
not all; business report should also include the Michael Porter
analysis which would help reader and student to understand the overall
industry condition. Factors include limitation to entry, competition,
substitute goods, bargaining power of suppliers and threats of new
entrants, and for examplelet’s look at Limitations to entry in foods
stores.
Limitations to entry into the Specialized Food Stores
industry are low. The low level of industry focus is due to the lack of
major players in this industry, which is also shown in the high
discuss of non company firms. Lack of industry popularity is likely to
motivate new store suppliers to enter this industry by creating an
easier opportunity to entice and maintain a business. Providers are
subject to control and certification by government organizations as
well as certification and control by local and state health,
cleanliness, safety, fire and other public divisions.
We are
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