Im slowly realizing maybe a business degree isn't for me. Nonetheless, I don't give up too easily and am looking to at least finish out this semester. We got a bunch of smart people here. Anyone want to take crack at the following assignment? Relatively quick. Watch this 10 min video: http://youtu.be/0ebnXbDHZ88 and provide thoughts on 1) What’s the problem with their business model? 2) What would you recommend to their Company management to fix it? . At the very least, I think someone will find a way to make fun of this assignment and or me which should be a good laugh for some on the board.
Answers: 1) The problem with their business model is that the rely on others to do their work. 2) I would recommend that company management suck it up and do their own work and not rely on others to complete their tasks for them.
Didn't watch the video, but I can assume this has nothing to do with the actual assignment here. APPROVED
Na, no study groups allowed on this one. crowd sourcing was a joke. Hint - our football program has a nice bowl game.
If you're leaving because of your grades, stay until they get better. Any other lucrative or marketable undergraduate degree out there: engineering, computer science, nursing or pharmacy, will be significantlyharder.
1. Selling popcorn machines (foodservice equipment) has limited growth, because you don't get recurring revenue from the machine. You have to find new turf; hence, their big effort at exporting. For equipment: growth is either expansion of market or expansion of product/service. Expansion to other countries is slow and expensive. They apparently don't get service maintenance contracts as their equipment is not very expensive to maintain. 2. The only new revenue stream left is product. As a company with huge market share in the US for their very specialized machines, they should focus on exclusive partnership deals with food suppliers -- popcorn, oil, hotdogs, etc. that their machines cook; thus creating new revenue streams via selling product that goes into their machines. If that fails, they could outsource their factories to China and layoff their Chicago workers.
