Different Challenges Faced By Elizabeth In Meeting
The initial challenge that Elizabeth has facing is the business operated with a heavy loss. Secondly she did not make any market research for her business that what actually is the need of customer. Bu this is the time now that they are able to attract the loyal and new customers for their business. The real challenge for Elizabeth has relates to the same problem that she makes over estimated growth for the capacity of business. Since Elizabeth ended for paying the unused space in the new facility, turning cost has increased rapidly. Elizabeth trying to avoid this additional cost by analyzing potential and growth trend for her business in the new facility. Through decisions of potential analysis of business growth one can easily able to make a decision of strategic management (Love, 2012). Elizabeth has focusing that she would have to invite some business experts those are given her correct advice after analyzing Bibbd's Bakery.
Wrong With The Proposal Made By The Team Of Business Students
Different kinds of baked food were the mission of Biddy Bakery such as cookies, cakes, pastries, bread, pies, quiches and tarts. They used traditional methods and targeted general public, but the student's team was proposed them to deal with McDoogle production pies and start target to the local grocery chain store twice. The business of Elizabeth has changes there business strategy because this proposal is totally contradict with actual mission statement. Therefore, this is considered that student's proposal was wrong since it force to change the business original mission.
Type Of Operation Does Biddy's Bakery Has Done
Elizabeth business currently focuses on the method of the traditional system which involves selling the product to local restaurants and the general public. In the aim of fulfilling the proposal there is the need to change the old way of production by Biddy Bakery and should look towards the McDoogle pie in the larger scale to they are first receive economy of scale, and they are able to supply their product to the local grocery chain store twice in a week. This can be achieved if the business mission is in-depth reviewed new proposal. The current operation structures and the difference between proposal worth should be considered.
The new proposal has an advocate the business to follow new way of product such as McDoogle pries in larger ...