How to Prepare Business Assignment Report?

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.

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