Thursday, August 1, 2019
Roxane qimby case
Glumly has done work a lot to make the company successful. As her business Is growing, she believes that the growth Is beyond her expertise, goals and definitely beyond Maine, and she wanted to expand It more. According to me, If Glumly stays in north Calories, there are chances that the Burst's bees might grow its business in larger scale because she has expertise in calories which they can't get in Maine. She has found marketing experts and plant engineer here which helps her to manage and run her business in more efficient way.Due to lack of her formal business training, she might able in Calories to train herself by watching the experts she hired here. Below are the some advantages for staying in North Calories: Less Taxes as was in Maine Low transport cost Central Location Less labor Intensive Expertise In marketing and plant engineering High opportunities So, keeping the above factors in mind, Quinsy should need to stay in north Calories. She should need to use her manufacturin g expertise, bird-in-hand, as a basic factor in order to expand her business more. Her strong vision also beneficial act as her trench here.She need to made the innovation in her product as she did earlier in Maine by making new designs and innovative products. So by using bird-in-hand facilities, she can survive in Calories and can expand her business that results in high profit. As we know that there is risk attach with the decision. Although they had not bear any loss yet but It is not sure that It won't happened in future because business Is not all about profits, you have to face losses as well. But keeping the following opportunities Into mind, she need to start the business here and leverage reprises or contingencies by using the using the Lemonade principle.She Is aware about the risk and the entrepreneurial skills are polished in her. So she should need to avail the opportunity while keeping the risk in mind and prepare herself for anything to make those accidents as potent ial clues for next steps. No doubt If they move to calories but they need to make the partners as discussed in the case and It Is necessary if Quinsy has desire to grow her business. By going into partnership they got some benefits, although they had not bear any loss yet butIt Is not sure that It wont happened In future because business Is not all about profits, you have to face losses as well, so if Burt bees faces such situation, the loss is into partnership she might be able to fulfill her dream by staying away from business, not for a long time but for short time on leave and make her dream into reality by staying with rural women and work on product design. Quinsy can also hire the labor back from Maine- which were working with her- and give them training of new plant and technology. By this he might feel as living in Maine.
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