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What are the sources of michael hills revenue

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Reference no: EM132964820

Answer the questions related to Michael Hill's key economic and business drivers below:

What are the sources of Michael Hill's revenue or sales in Australia, New Zealand & Canada? Are they expected to grow in the future? Why or why not? (Explain briefly.)

What are the key drivers or the driving forces of those sales in the past 4 years (2017-2020)?

Identify the firm's (Michael Hill's) some important short-term improvements for their staffs.

Briefly explain whether or not Michael Hill is able to make improvement to their stores through incentives for their staffs.

Why do Michael Hill begins closing down their physical stores in Australia, New Zealand & Canada (the firm's 3 main operations) and focus on their "online sales" instead?

How well would the firm (Michael Hill) be able to deliver online and expand their online offerings in Australia, New Zealand & Canada?

Explain how Michael Hills manufactured their products to stay in the competition (product quality). How are their products better than their competitors?

What are the firm's future plans or strategies for their product designs and innovation (ex: laboratory created diamonds)? (Explain briefly.)

How are the firm's consumer confidence in each country (Australia, New Zealand & Canada)? Do you think they will be expected to grow strong in the future? Why or why not? (Explain briefly.)

What are some complaints or criticisms from the firm's customers that may affect the firm's growth of sales in the future?

What are some important business strategies or actions the firm (Michael Hill) is taking or is planning on taking to secure its future growth in sales and return rates for its equity investors?

Reference no: EM132964820

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