You have been asked by the owner of a SME (small and medium-sized enterprise) retail business operating on the high street to help them to make
You have been asked by the owner of a SME (small and medium-sized
enterprise) retail business operating on the high street to help them to
make the decision about the future of their business. As a result of
challenging trading conditions and increasing o
The Scenario
The Scenario
You have been asked by the owner of a SME (small and medium-sized
enterprise) retail business operating on the high street to help them to
make the decision about the future of their business. As a result of
challenging trading conditions and increasing overheads the owner is
considering that they might be better placed to expand the business by
moving from traditional commerce to e-commerce i.e. taking the business
fully online and abandoning their physical presence on the high street.
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Your task is to write a briefing document (minimum of 1500 words and an
absolute maximum of 1,600 words) for the owner that will help them to
make the final decision and to also contribute key points to the
Business Development Plan that they are putting together to set out the
future growth of the business.
The type of businesses that you should consider can be found on the
Gloucester Road, in Bishopston, Bristol 7. For examples of the wide
variety of businesses that operate there see
http://gloucester-rd.co.uk/business-listings/
orhttp://www.lovegloucesterroad.org.uk/companies/. Please note that both
are listings sites and not all of the business on the Gloucester Road
has chosen to be included so you will also benefit from a visit to the
area to locate further possible businesses. The Gloucester Road also has
many pleasant cafes, eateries and bars for you to enjoy!
Structure of your briefing document
After a brief opening description of your chosen business (no more than
200 words) you should discuss the key pros and cons for moving the
business fully online.
In considering the advantages and any possible disadvantages think
about: the main differences between traditional and virtual
organizations, how these might impact on the structure and management of
the business and the key information technology resources that will be
necessary to run a virtual business.
Conclude with a clear recommendation to the owner.
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