Case Study Essay Example | Topics and Well Written Essays - 250 words - 9

Case Study - Essay Example Lastly, the company can downsize to keep its profit intact. Firstly, whereas the â€Å"do nothing† alternative is ‘cheap,’ it can legitimize similar problems in future. Secondly, investigations are time-consuming and costly, but create an excellent precedent for accountability. Thirdly, seeking financial assistance would increase the company’s debts and affect the profits (Maurer, 1996). Lastly, downsizing would limit expenses, but can overburden the workforce and impact on service quality as well as profits. Hiring fewer, competent supervisors and carrying out regular audits is the best alternative that would limit such problems (Hammond, Keeney, & Raiffa, 1999). This option would enhance accountability and limit operational costs. Rest Assured needs to carry out thoughtful planning and execution of financial decisions through involvement of all of the relevant stakeholders. This way, Maurer (1996) says stakeholder resistance and sabotage in a worst case scenario would be avoided. In summary, financial problems require thoughtful solutions, since any wrong decisions would have long-term impacts on the financial position and viability of the business. Doing nothing ensures consistency but has the potential to create more serious problems; audits are costly, but improve accountability; seeking financial assistance would keep the company in business, but add to company debts; downsizing limits service quality and

Profits and Supply and Demand Essay Example | Topics and Well Written Essays - 500 words

Profits and Supply and Demand - Essay Example The products consist of casual clothing of the 21st Century. It entails stylish watches, T-shirts, Leather bracelets, stylish shirts, rings, body con dresses for women and necklaces all in varieties and with the latest fashion. The products we offer are luxury fashions for both genders. The luxury items are mainly reliant on the need for the customer gain what they see and feel from the use of luxurious items. The idea is to make the consumer feel expensive and look great as well as bearing the consumers emotional speculations ‘I want people to notice me’, ‘this is a fifty dollar item’. The products supply depends on the consumer’s preferences and order basis for items above fifty dollars. The items distribution is through an online platform to allow placing orders, expressing interests and even a blog on fashion style. The product features include leather items and precious metals such as gold, silver and diamonds. Other resources needed include an online platform worth $1000, five retail outlets spread across the region targeting people in love with fashion and value. These outlets will stock of $2000 valued items each with varying stocks depending on the market flow and location. The other resources include annual marketing costs approximated to be 30% of the initial financing. These will cater for social media, print media such as magazines and other affiliate marketing options. The products supply is from wholesale outlets as well as imported, depending on the item location and perceived value of the products. The other sources of the items include buying used items from events that use them for a one-time event as well as from individuals with higher preferences. The initial financing is $14,300 to cater for startup costs. During the first year of operation, sales are targeted at $10,000, with an explicit cost of $6,000 that gives revenue of $4,000 (Boundless, 2015). The profits of the company are expected to grow with