Online Community Business Analysis

Words: 744

Pages: 3

Open Document

In today’s business world consumers have several choices and options to pick from, for quite literally, whatever they are shopping for. We live in a world saturated with corporate chain stores all around us and internet shopping at our fingertips, where consumers simply click a button and their goods are at their door in a matter of hours. Technology has created an easier buying experience, where you do not have to see nor talk to anyone to make purchases, and while these chain stores and internet shops seem to be more convenient and a cheaper alternative, they are costing our communities more than we know. Our communities should strive to make shopping local a priority and to strive to buy from local vendors who are apart over our communities, who invest and bring returns to our communities, and who make our communities unique.
First and foremost, our communities should by from local stores instead of …show more content…
Over the last 3 decades, companies less than one year old have on average created over 1.5 million jobs annually. Even in times of economic turmoil, small businesses remain a positive source of employment growth, whereas older and larger firms rid more jobs than they can create. (Wiens, & Jackson, 2015) Larger chain stores promote that they too create jobs for communities, but they also shut down smaller stores because the smaller stores cannot compete with their volume or prices. Chain stores also hurts wholesalers because most chain stores do not need wholesalers like smaller stores do, and therefore cut jobs from the wholesale industry. (Basker, 2012) Small businesses are the driving factor to creating new jobs in our community, and it has even been said that small business is the largest employer nationally. This reason alone should prompt consumers to regularly shop at local

Business Paper

Greenmarket University for Green BUS 353 Business Plan Mengbo Xie 1.0 Executive Summary 2.0 University Market Description 3.0 Situation Analysis 3.1 The concept 3.2 Business Goal 4.0 Customer Analysis 4.1 Number 4.2 Customer Type 4.3 Value Drivers 5.0 Competitor Analysis 5.1 Market Position 5.2 Strengths 5.3 Weaknesses 6.0 SWOT Analysis 6.1 Strengths 6.2 Weaknesses 6.3 Opportunities 6.4 Threats…

Words 2011 - Pages 9

Marketing and Action Plan Essay example

Recommendation of an action plan to support company’s growth Executive summary eBay’s business is evolving in fast pace, which demands proper actions to be taken in order to respond to the rapid growth. Organization’s infrastructure is insufficient and unable to support such expansion. Therefore an action plan is necessary in order to respond to the challenges of turning big. Based on the conducted analysis and conclusions, the recommended steps are to hire COO and CIO, to provide focus by using…

Words 1173 - Pages 5

Ebay Case Analysis Essay

EBay Case Analysis Step One: Read. Step 2: Dupont Ratio and Financial Analysis o Two year Financial Ratio o Short Term o Current Ratio 2002: 1,468,458/386,224= 3.8 2001= 4.9 o Long Term o Total Debt Ratio Total ass. Total equity/ Total ass. 2002= .1377 2001= .1485771 o Asset Utilization, or turnover ratios o Total Asset Turnover Sales/ total assets 2002= .29 2001= o Profitability o Return on assets= net income/ total assets o 2002= .0117 o 2001= .053885…

Words 1238 - Pages 5

Executive Summary: Mcbride Financial Services

This incompetence to connect with their current clients has halted the company’s profits for the year, and if they want to stay in business they must generate new profits for the rest of the year. An analysis of their current customers could give them an idea of what their current customer’s capability for a high end low fee contract, and also possibly give them favorable circumstances for refinancing. McBride needs to…

Words 796 - Pages 4

BUS210 Assgn 1 Essay examples

Amazon.com will help. 4: In 1998, Amazon.com purchased the Internet Movie Database for a substantial, but undisclosed, sum. The site offers reviews of movies and information about movies, actors, directors, and others involved in the filmmaking business. The site doesn’t charge membership fees (except for a small area of the site reserved for people who work in the film industry, called IMDbPro, which doesn’t generate a substantial amount of revenue for Amazon.com). In about 100 words, speculate…

Words 2108 - Pages 9

ms sun Essays

..............................................1 2. Introduction....................................................................................1 3. An analysis of strategic capabilities of eBay....................................2 4. Identify the competitive advantages of eBay..................................2 5. eBay SWOT analysis.........................................................................2 5.1. Strengths....................................................................…

Words 811 - Pages 4

Managing Communication Knowledge & Information Essay

level. The tactical decisions are provided from the middle management usually come from some below departments: Financial & Planning: this department takes responsibility for every function which relate to financial aspects, and planning the business plan to future based on the requirements of top management level. Human Resources: HR always be one of the most important in every corporation in over the world, within CTG, HR is responsible for the human allocated to different position and different…

Words 7260 - Pages 30

Wgu Qrt Task 1 Essay

Summary 6 II. The Challenge 6 III. Situation Analysis 6 a. Company Analysis 6 b. Customer Analysis 7 c. Competitor Analysis 8 i. Competitor’s Chart App. A d. Collaborators 9 e. Climate 9 i. PEST Analysis App. B ii. SWOT Analysis…

Words 3843 - Pages 16

Social Media Essay

International Journal of Business and Management; Vol. 8, No. 14; 2013 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education The Effects of Social Media Marketing on Online Consumer Behavior Simona Vinerean1, Iuliana Cetina1, Luigi Dumitrescu2 & Mihai Tichindelean1 1 The Bucharest University of Economics Studies, Romania 2 Faculty of Economic Sciences, Lucian Blaga University, Sibiu, Romania Correspondence: Simona Vinerean, The Bucharest University…

Words 5784 - Pages 24

Blockbuster Case Analysis Essay

Blockbuster Case Analysis I. Strategic Profile and Case Analysis Purpose: The Blockbuster firm is a leading provider of rental movie and game entertainment with approximately 8,000 stores. The company operates in the US, Europe, Latin America, Australia, Canada, Mexico and Asia. Blockbuster is headquartered in Dallas, Texas and employs 58,561 people; this figure includes full-time, part-time and seasonal employees. The company recorded revenues of $5,287.9 million during the financial year…

Words 1020 - Pages 5