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For assignment 1, you are askedto select and evaluate a business (brick and mortar or online) of your choice that you are familiar with. Briefly describe the business and what industry it is in....

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  • For assignment 1, you are askedto select and evaluate a business (brick and mortar or online) of your choice that you are familiar with. Briefly describe the business and what industry it is in. Explain what works well and what could be better. If you were the owner(s), what would you change? From a customer perspective, what would you like to see different with the business? Instructions: one to two pages, MLA style, double spaced, 12 font (Times New Roman or Arial).

Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
141 Votes
The business being described here is of a
ick and mortar hypermarket store. It is a
part of retail industry at large. A hypermarket is a retail facility that consists of a grocery
store, department store as well as a supermarket under one roof. It is a one-stop shop
for customers seeking to buy varied type of merchandise. Hypermarkets generally
function on high volume low margin sales, which is a typical of retail industry.
There are certain aspects which are critical in determining the success of the business.
Following items are the critical ones for a hypermarket business
Accessibility and location: Location is a very important metric that decides the number
of customers a hypermarket gets. The hypermarket should be easily accessible via
public transport for added convenience of both customer and staff. There should be
safe and clean parking space for shoppers.
Merchandise mix: It is...
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