Sunday, June 16, 2019
Little Red Roaster (LRR) coffee outlets Case Study
Little Red Roaster (LRR) coffee tabulets - Case Study ExampleThis musical composition lead therefore bring to the surface the weaknesses that prevent quick growth of the business due to managerial poor approach. It give also invest and handle on those threats that arise from the external environment and thus outside control of the business. While doing so, this case report pass on also identify the strengths the business has achieved out of its catamenia operating strategies and the opportunities available. Upon a critical analysis of the problem, it emerges that LRR faces more business development challenges in terms of expanding than mismanagement. The business is challenged with how best it can expand its current operating capacity to tap the improperly tapped coffee beverage market. The report analysis will also therefore endeavor to analyze the seemingly giant problems related to room for expansion, outside catering and delivery of products. After identifying all these factors, this case analysis and report will review the alternatives available for a sensitive course of action. In so doing, the case report will also discuss and elaborate on the reasons for adoption of such criteria. The adoption of any measuring stick will be based on the overall financial position of the Little Red Roast and the interplay of other external variables like availability of quadrangle and ready and reliable market. Alternatives are usually not necessarily the only choices to choose from by a business. Therefore the report will only identify the options and present them to the management for final decision-making. Recommendation for LRR will be based on the overall analysis and available options for the business. Rationale for such recommendation will be based on other aspects like the consequences of each one of them. Every new venture comes with its own unpredictable risks. This case report will therefore also do a forecast of possible risks that come with the a vailable options. It will be up to the management to decide which option will be in the best interest for the business given the prevailing circumstances and condition. Finally, this case report will come up with an action purpose with critical Steps, potential problem identified above and a contingency plan for each step in the action plan. This will be tabulated for eternal rest of analysis and better understanding of the scenario. It is of vital importance to note that all these are aimed at helping LRR expand its coffee business in the just about profitable manner that is both customer friendly and management friendly. Situational Analysis LRR is a chain of small retail coffee shops that offer a miscellany of light foods and beverages. The business outlet started as a retail business in 1995. It is located in various places such as Byron, Covent Garden Market, capital of the United Kingdom Central Library, and London Provincial Courthouse. It also operates in Springbuck, St. Thomas-Elgin General Hospital, The renaissance and Wortley village. The business offers coffees, tea, gourmet beverages, breakfast, light lunches and snacks. The company has been in business for eight old age (seventeen years by now) and continues to
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