Need help with a business and finance assignment on Changing the business enviroment

Anonymous
timer Asked: Dec 20th, 2015
account_balance_wallet $5

Question Description

You are preparing to address your stockholders at the company's annual meeting. Your topic is "The Changing Business Environment." Share with classmates at least two changes that you would talk about with your stockholders. Explain your answer fully and incorporate material from your readings to help support your answer.

Tutor Answer

karisbm
School: UC Berkeley

Thank you for the opportunity to help you with your question!

A change to address is the way that we advertise our products to the potential market. Owing to the advancements in the technology field, more and more people are now dependent on gadgets and the internet to perform almost all of their activities and transactions. Instead of sticking to the native ways of advertising, we ought to grow diverse and reach those that are subservient to the old tricks of the trade. Teens and the young people, for example, are more glued to device screens and social media to care about reading newspaper adverts. Shifting, albeit a little, would ensure that we reach out to this group of potential customers.

Another change in the business market would be the issue of Point Of Sale services. Growth in the business world has made it possible for businesses to shift their entire operations to the internet platform. The sale, ordering and processing of orders could be done online from the comfort of the customers' homes. Inasmuch as the shift will not be rapid and hurried, the consideration of the same would ensure that customers unable to reach the business physical grounds can still shop and have their orders delivered.

Please let me know if you need any clarification. I'm always happy to answer your questions.

flag Report DMCA
Review

Anonymous
Thanks, good work

Similar Questions
Hot Questions
Related Tags
Study Guides

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors