BCF Business Project: Strategic Decisions, Operations, and Viability

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Added on  2023/06/18

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This presentation explores the operational workings of BCF, a retail industry firm under Super Retail Group Limited, headquartered in Australia. It delves into the strategic decision-making crucial for effective standards in a business environment, utilizing the Business Canvas Model to analyze key partners, activities, resources, value propositions, cost structure, customer relationships, revenue streams, and customer segments. The analysis includes feasibility, desirability, and viability assessments, focusing on market competitiveness, pricing strategies, and ethical and legal considerations. The presentation further evaluates the impact of these factors on the business model, highlighting the importance of maintaining revenue streams and managing profit margins in a competitive retail market. It concludes by emphasizing the ethical and legal procedures necessary for BCF's operations, including legal compliance, stakeholder privacy, appropriate digital platform usage, and environmental sustainability. Desklib offers a wealth of similar resources for students.
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Business project
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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).
The given presentation will explore
operational working of BCF which operates
as a retail industry under Super Retail
Group Limited.
The said firm is headquartered in Australia
and provides with sporting goods in the
respective area (Ciotta and et. al., 2020).
Introduction
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Business Canvas model
Key partners
(feasibility)
Investors.
Insurances.
Government
body.
Cost structure
(viability analysis)
Investment in automated equipment that saves
variable labour costs.
Key activities
Market research
Consumable
retail goods
Local market
development.
Value
propositions
Quality of
products with
services.
Availability of
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.
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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
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Feasibility
Infrastructure
Human resource
Technology
Procurement
Primary
activities
Support
activities
In logistics Operations Out
logistics Marketing
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.
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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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For the given context various
considerations of legal and ethical
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
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Ciotta, M., Peyerl, D., Barrozo, L., Anna, L.S., dos Santos, E.M., Bermann, C.,
Grohmann, C., Moretto, E.M., Tassinari, C., Haagsma, A. and Main, J., 2020.
CARBON CAPTURE, UTILIZATION, AND STORAGE (CCUS) PART 1 SPECIAL
ISSUE.
Moring, A., Maiwald, L. and Kewitz, T., 2018. Digitalisierung im Baugewerbe. In Bits
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). In Project Management and Engineering Research (pp. 75-91). Springer, Cham.
References
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Thank-You
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