MAT-20014

docx

School

Southern New Hampshire University *

*We aren’t endorsed by this school

Course

20013

Subject

Economics

Date

Feb 20, 2024

Type

docx

Pages

Uploaded by ChefNeutronBaboon29

Part 2: Written Recommendation The three departments I recommend focusing on are as follows: 1. Grocery: Generates an average daily gross profit of $3,340.57 and a daily average revenue of $12,372.39. 2. Pharmacy: Generates an average daily gross profit of $605.11 and a daily average revenue of $1753.94. 3. Office: Generates an average daily gross profit of $1520.12 and a daily average revenue of $760.06. These three departments generate the highest revenue for All-Store. Our focus should remain on these three departments and less focus on our less profitable departments (electronics, home, books, and toys). If our store focuses on more ways, we can serve the customer in these specific departments or even perhaps enhance these departments with online assistance, online purchasing, and home delivery services. Taking our focus off the departments that are not making much profit and finding new and innovative ways to improve our three most profitable departments help increase profits giving more attention to these departments will improve customer satisfaction and in turn bring more revenue. Cutting funds and eventually cutting the departments that are not making very much revenue will free up funds to only better improve our departments that do and continue to make All-Store stand out from our competitors.

Discover more documents: Sign up today!

Unlock a world of knowledge! Explore tailored content for a richer learning experience. Here's what you'll get:

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

Homework #1 APEC 5020.docx

Wk 6 discussion.docx

MFE1-Midterm1-FA21 (1).pdf

CH 4 EXAMPLES_ UPDATE_ 2024.xlsx

Chap 1 Homework (Empty)-1.xlsx

Suhagi_Patel_Chap 1 Homework.xlsx

HW chp 20Questions.docx

Econ 113 Study questions_conceptual.docx

Assignment 2 BUAN 6312.docx

HmW 1_202_ONLINE.docx

HmW 2_202_ONLINE (1).docx

Realestate- questions - ww.docx

Recommended textbooks for you

Managerial Economics: A Problem Solving Approach

Economics

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Cengage Learning

Economics:

Economics

ISBN:9781285859460

Author:BOYES, William

Publisher:Cengage Learning

Economics Today and Tomorrow, Student Edition

Economics

ISBN:9780078747663

Author:McGraw-Hill

Publisher:Glencoe/McGraw-Hill School Pub Co

Economics (MindTap Course List)

Economics

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Cengage Learning

Microeconomics

Economics

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Cengage Learning

SEE MORE TEXTBOOKS

Recommended textbooks for you

Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Economics:
Economics
ISBN:9781285859460
Author:BOYES, William
Publisher:Cengage Learning
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co
Economics (MindTap Course List)
Economics
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Cengage Learning
Microeconomics
Economics
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Cengage Learning