e-Business should focus on marketing through social networks and a website; through identifying potential suppliers. We can't sell food and drink online so the site is mainly for promotional purposes. The cafe's main metrics will be page impressions, Facebook fans, Twitter followers. Reaching out to customers using social media can help to inform them about promotions and new products. Social media is also the modern-day equivalent of knowing all of your customers by name (though that would not hurt either) as it helps to foster a relationship allowing for improved retention. A portal is not of much value for the employees. At best, they can check the schedule online. We don't have that many people working at Broadway, an expensive back end system for staff we see everyday is poor value. I would not use kiosks in the cafe. I would focus on a Wifi network and let the customers bring in their own computers. Corporate money should not be spend indulging my passion for coffee toys. The coffee tastings, however, would add value to the business in that they would attract customers and more importantly convince them to buy premium, higher margin beverages. This is directly congruent with the differentiated strategy. Such events would be promoted in store and on the website/social media.
I do not need my website to be sticky. I do not sell food and coffee online. There is no evidence that food service is viable as an online retailer. I need my shop to be sticky. Morrison Cafe has the best metrics. The language is probably superfluous but there is a direct link between the surfing and the money. If this was an e-business I would want evidence linking my time, the cost of the website and the revenue of the website in order to compare with the investment of my time and money in the cafe itself. If it was demonstrated that the website was more profitable, I would pursue building a full slate of metrics, the most important of which are found in Exhibit B. Basically, I want to know how many people are visiting, what my conversion rate of visitors to customers is, and what each customer is spending. I want this data in aggregate, too, rather than for individual customers.
I would not build a collaboration. As Milton Friedman pointed out, the social responsibility of business is to make profits. That is the guidepost by which I shall operate. Only collaborations that directly benefit the business should be offered. A coffee tasting would be possible, but only after I fire Brazil Beans as supplier. I would be interested in ...
There is little value to a Wiki. It does not directly drive revenue and at the expected traffic volume of the typical coffee shop website would not be sufficiently active to justify the time and expense of setting one up and maintaining it. Just because an idea exists, does not mean it needs to be implemented. I am concerned that wikis would not provide a positive net present value for my organization and therefore I would minimize the risk by not using them.
There is value in blogs for promotional purposes. A purely promotional blog may not be that effective in terms of marketing, but it is possible if we can generate sufficient content. Content takes time to develop, so more success relative to the time taken to create content might be had with Twitter - see this link as an example: http://blog.mrtweet.com/twitter-to-go-how-one-local-coffee-shop-used-twitter-to-double-his-clientele
Some blogs that are good models are:
http://denvercoffee.blogspot.com / http://purecoffee.blogspot.com / http://sisterscafe.blogspot.com/
Exhibit a: "Optimal" Bean Purchase
Special Dark Roast
Amount to order
# of bags weight
Special Dark Roast
# of bean types
Data Transferred (MB)
Corporate money should not be spend indulging my passion for coffee toys. The coffee tastings, however, would add value to the business in that they would attract customers and more importantly convince them to buy premium, higher margin beverages. This is directly congruent with the differentiated strategy. Such events would be promoted in store and on the website/social media.
Also in terms of trade, it would be recommended for the company to conduct several analyses in order to identify the countries with the highest demand for batteries. India for instance, with its numerous technological applications and in its quality of hosting most of the global mobile telephones -- would be expected to be a large consumer of batteries and could as such constitute a desirable trading destination for Larson
Because cross-trained employees are more knowledgeable about the overall business processes of the organization, their conceptual understanding of the mission of their organization is enhanced by every incremental increase of their involvement and knowledge of its operations (Robbins & Judge, 2009). Beyond that element of increased involvement, the fact that cross-trained workforces tend to improve the morale and organizational connectedness of individual employees also contributes directly to organizational benefits
Accounting Theories and Business Decisions: The Business World Case Facts Application of theories Other cases of stakeholder theory application Accounting theories and business decisions: The business world There are many theories that explain the complexity of relationship between different groups of people directly and indirectly related to an organization. Two of the most comprehensive and most discussed theories are stakeholder theory and agency theory. Both the theories describe what the main purpose of each group
Rational Business Decision Poor Decision Making One of the most difficult things to admit is when one has made a mistake. In retrospect, the decision not to promote Ms. X, given her sterling performance for our competitors, is one such a poor decision on my part. However, I have learned from my mistake. I realize that I should not have rejected her request for a promotion, and the added responsibilities that such a
Forecasting Techniques Business decisions require accurate forecasting which takes into account the possible trends and twists in the economy and the society. One of the earliest accounts of forecasting can be found in the Bible when Joseph interpreted dreams and told people there would be seven years of harvest followed by seven years of drought. With careful forecasting, the Pharaoh and his people could prepare themselves for the latter period of
00 income if Mr. Pecos accepted the committed sale made by his Office Assistant Manager. Prepare a contribution margin income statement for the month Based on Mr. Peco's Decision Recommended Sales 286,500.00* 578,000.00** Variable Cost 245 per unit) 925*245-226,625.00) 471,625.00) Fixed Cost Income Computed as follows: of units Selling Price Accepted Orders by Sam Smooth talk Accepted Orders by Harry Hustler Accepted Orders by Garry Giftofgab Total Selling Price 286,500.00* Computed as follows of units Selling Price Recommended orders to accept: Total amount of accepted order Total Selling Price 203000+286,500 578,000.00** Assumption that $475,000 fixed cost is