Business Project: Operational Working of BCF under Super Retail Group Limited
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This presentation explores the operational working of BCF, a retail industry under Super Retail Group Limited. It covers their business canvas model, desirability, feasibility, impacts, recommendations, and ethical and legal considerations.
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Strategic decision-making in a business firm plays a crucial role in developing better or effective standards of working in a given business environment (Rodrigo-Ortega and Fuentes-Bargues, 2021). Thegivenpresentationwillexplore operational working of BCF which operates asaretailindustryunderSuperRetail Group Limited. The said firm is headquartered in Australia and provides with sporting goods in the respective area (Ciotta and et. al., 2020). Introduction
Business Canvas model Keypartners (feasibility) Investors. Insurances. Government body. Cost structure (viability analysis) Investmentinautomatedequipmentthatsaves variable labour costs. Key activities Market research Consumable retail goods Localmarket development. Value propositions Qualityof productswith services. Availabilityof necessary consumable good. Customer relationships 24x7 customer support. Digital platforms. Customer segments Behavioural segment Demographic segment Key resources Brand Human resource Monetary resources. Channels Digital marketing techniques. Word of mouth. Revenue streams (viability) Service charge Delivery partner fee.
Local individual consumer demand is estimated to the primary demand for the given company. Various retail company operating in provided regions will be treated as competitors of the given firm. The focus will be on offering goods with stable price at the best quality possible. This factor will focus on market price constraints. Product prices will correlate to quality provided. The production of products will be done in bulk to enable economies of scale. Interest rates Tax rates Law Government activities. To provide solutions as well as engaging experiences which inspires our customers to make the most of their leisure time. 5% increase, seeking to increased interest of target audience for BCF. The specific competition for BCF include Archer Malmo, GS&F and Freebairn and Company. The pricing strategy for the said company comprises of demand based pricing. As the demand exceeds prices of products goes up and vice-versa.
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The term desirability in business canvas model or BCM refers to validating business customers to enhance their relationships and build better reputation of corporate firm in terms of operating in provided marketplace. In the process being various segments of customer relations through investing resources is proceeded. The provided section in BCM evaluates importance of establishing good relations with business customers as it would be helpful towards developing long term existence of provided company (Moring, Maiwald and Kewitz, 2018). Desirability
Feasibility Infrastructure Human resource Technology Procurement Primary activities Support activities In logisticsOperationsOut logisticsMarketing Human resource department provides sustainable working environment. Taking technologies and related infrastructure to employee might boost employee productivity. Procurements of resources plays a crucial role in effective functioning. Source of supply to customer. Transportat ion of goods. E- commerce Opting to digital platforms.
By analysing impacts and recommendations in regards to business environment they can be related to functioning of business model. In the previous assessment competitiveness was one of the factor that can be correlated to functioning of business model. In the given context, the provided firm i.e. BCF would have significant impact over viability factor of the model (Moring, Maiwald and Kewitz, 2018). This will be an inclusion of carrying revenue stream and reduced profit margins as respective retail firm have to lower down its prices if products or services to survive or sell products in given business market. Impacts and recommendations
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Forthegivencontextvarious considerationsoflegalandethical procedures will be taken by managers of BCF. This will include; Legal legislation of operational region Privacy of stakeholders Using appropriate digital platforms Environment sustainability Ethical and legal considerations
Ciotta, M., Peyerl, D., Barrozo, L., Anna, L.S., dos Santos, E.M., Bermann, C., Grohmann,C.,Moretto,E.M.,Tassinari,C.,Haagsma,A.andMain,J.,2020. CARBON CAPTURE, UTILIZATION, AND STORAGE (CCUS) PART 1 SPECIAL ISSUE. Moring, A., Maiwald, L. and Kewitz, T., 2018. Digitalisierung im Baugewerbe. InBits and Bricks: Digitalisierung von Geschäftsmodellen in der Immobilienbranche(pp. 29- 76). Springer Gabler, Wiesbaden. Moring, A., Maiwald, L. and Kewitz, T., 2018.Bits and Bricks: Digitalisierung von Geschäftsmodellen in der Immobilienbranche. Springer-Verlag. Rodrigo-Ortega, J.M. and Fuentes-Bargues, J.L., 2021. Classification of Software in the BIM Process According to the PMBoK Knowledge Areas and Levels of Development (LOD). InProject Management and Engineering Research(pp. 75-91). Springer, Cham. References