Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Select a Canadian SME and describe its core vertical. It could be a whole industry (p.e. the film making industry) or just a company

1. Select a Canadian SME and describe its core vertical. It could be a whole industry (p.e. the film making industry) or just a company (p.e. Dr. Hook Towing). What do they do? What are their main products/services?

A) Identify the key to their success What makes the selected industry/company a successful one?

B) Identify and describe the main event/change affecting the selected industry/ firm What changes will introduce? Summarize how it has evolved until becoming a threat/opportunity for some business.

C) Threat or Opportunity? Change is always an opportunity to do things better, but also it could be a threat to those relying on past practices (p.e. Uber vs. traditional cabs). What aspects of their business model will be more affected? How? What are the new opportunities, for both business and clients? How can it be a threat to current practices?

D) How to get ready Finally, briefly suggest 3 actions that the selected industry/firm should pursue for profiting from these changes and/or minimizing their negative impact.

identify a current event and summarize how it is affecting or it will affect business

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Survey of Accounting

Authors: Carl S. Warren

7th edition

1285974360, 1285183487, 9781285974361, 978-1285183480

Students also viewed these Law questions

Question

what is the another common term for the current ratio?

Answered: 1 week ago