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Case study-convenience store

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Case Study - Convenience Store (Business analysis for growth and business sustainability)

The convenience store business is fast paced and under a lot of competition from online retailers. The 99 Speedmart convenience store commenced operating in Kuala Lumpur just over 10 years ago and today has expanded to different locations around Malaysia with plans for further growth and development. In order to do this in a planned and sustainable way, the company needs to examine the following questions. The task is to systematically analyse the questions with appropriate business, industry and market research.

Questions

4) What are other revenue streams/earners that we should consider (competitor and global trends)? Why? How and why are they value adding for the business and our current and potential clients? Will they assist with our

long-term sustainability?

5) Identify the legal frameworks, requirements, skill sets, licences, workforce and IT system requirements for these other revenue streams

6) Identify and conduct a risk assessment on what are the pro's and con's and pitfalls associated with pursuing these other revenue streams

7) Identify who, if anyone, is currently pursuing these other revenue streams - not just locally or nationally, but globally as well.

Reference no: EM132896202

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