Urban Outfitters Continuing Case Study

Urban Outfitters Continuing Case Study Part 2: Creating a job Business 100 July 17, 2011 1. Identify at least threesome challenges when setting up a stock. inform why they ar challenges. The three main challenges when setting up a descent ar: bullion flow, fruit affix and demand, and human resources.   Depending on the fibre of business, you go out gain the initial cost of origin the business prior to any income derived from that business.   What type of harvest-feast are you selling and is on that evince a consumer demand for the product.   Depending on the type of business, on that point pass on often be an initial cash investment.   Property result have to be acquired from which you entrust keep in guide the business.  The cost will depend on the location, where you product will be in demand, whether you are purchasing the property or renting; and the amount of square footage destinyed.   The prop erty assumes to be decorated in order to display the product and there is also the expense of the inventory; labor is also composite with decorating and stocking the inventory.   Are you able to do this yourself or will individuals need to be hired?   Also, do you as the business owner have enough cash flow to sustain your gay expenses during this time, when there is no or little income available?

Finally, staffing the business is also a major concern. 2. Define what a calamity product is. Give at least three ex longs of breaking products. A recession product is an object or dowry th at is made and marketed for use in a small a! nd sign down but profitable market. One example of a niche product is a car. For example, Lexus makes limited number of vehicles to each one stratum and it earns profit by selling these cars at actually dear(predicate) prices to a very small segment of the market. A authorisation item that can be considered a niche product is a handheld video game such as a Sony PlayStation (PSP). This product targets an audience...If you want to get a ample essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper