Business Implications and Strategies Assignment Questions

Business implications Strategies Assignment Questions

Business Implications and Strategies Assignment Questions

Task 1  Directions

In this task you are required to select and assess the implications of relevant national indicators for specific small business ventures.
Before you commence each question, carefully read through the relevant Case associated with the question. This is to ensure you understand the facts and issues the small business venture’s is facing.
After reading the case, assess the implications that the specified national economic indicator will have on the small business venture. You will be required to write descriptive paragraphs explaining at least two (2) of the implications. Your description must be specific to the information in the Case. Use examples from the Case to  reinforce your descriptions.

Answer these questions:

1.1 Assess the implications of inflation on Burger King’s business operations.
1.2 Assess the implications of interest rate on Sak Strandbag’s  business operations.
1.3 Assess the implications of unemployment on Max Hamburger Restaurants business operations if they were to set up in New Zealand.
1.4 Assess the implications of investment spending on the business operations of Salvador’s Kiwi Food and Beverage Co.  
1.5 Assess the implications of business confidence on the  business operations of Glossy Pink.
1.6 Assess the possible implications of share market fluctuation on  business operations of JVR.
1.7 Assess the implications of the following economic indicators to  the business operations of Wing Zone:

  • Credit Availability. 
  • Gross Domestic Product
  • National Income(O1 – ER 1.1)
  • Money Supply
  • International Trade
  • International Share Market Fluctuations
  • Currency Fluctuation
  • Balance of Payments

Task 2 Directions

In this task you are required to assess the implications of the following national economic or relevant industry/sector indicators to the business operations of Boston Beer Company.

  • Disposable Income 
  • Population Trends
  • Building Permits
  • Business Surveys
  • Specialist Trade/Industry Surveys

Before you commence each question, carefully read through the relevant Case associated with the question. This is to ensure you understand the facts and issues the small business venture’s is facing.
After reading the case, assess the implications that the specified national economic or relevant industry/sector indicators will have on the small business venture. You will be required to write descriptive paragraphs explaining at least two (2) of the implications. Your description must be specific to the information in the Case.
Use examples from the Case to reinforce your descriptions.

Task 3
In this task you are required to assess the implications of wh?nau hapu and iwi to the business operations of Bio farm Products Ltd.

Answer the following question.
3.1 What are the implications of wh?nau, hapu and iwi to the business operations of Bio farm Products Ltd?

Task 4

In this task you are required to: (a) identify the five small business life cycles all small business go through; (b) for each of the identified life cycles, describe the general characteristics of the business information systems that will happen; and (c) describe the type of activities the small business in Case 4: Investment Spending would actually perform for each of the four small business life cycles you have identified. You also need to (d) develop at two (2) strategies to manage the business venture; and finally (e) prepare a short and a long-range plan for the business venture

Task 5

All small businesses have problems that must be solved in order to improve their productivity and profitability. In this task you are required to formulate and apply problem solving strategies to stay on track and accomplish the required end result.
5.1 Formulate at least two (2) different problem solving techniques or  approaches you could use to identify and define a business problem when it occurs and to generate and then evaluate various solutions to business problems.
5.2 Identify how the following decision-making techniques could help in making  a decision about which options to choose to solve the problem
5.3 Break even
5.4 Decision tree
5.5 Payoff approach
5.6 Professional assistance
5.7 Group decision-making
5.8 Cultural consensus methods