Question
2. Taking on the role of the management group that has been charged by Max Radford to assess what is really going on in the
2. Taking on the role of the management group that has been charged by Max Radford to assess what is really going on in the development/growth of the business of Muskoka Lakehouse Restaurants:
(a) Review and analyze MLR's internal data (part of the domain of secondary data) and other information presented in this Case so far, and on a preliminary basis, identify and/or clarify/describe what real management issues Muskoka Lakehouse Restaurants needs to address. Document your analysis.
(b) On the basis of your analysis in (a), A memo to Max Radford identifying your preliminary findings for discussion at the next management meeting. Prioritize any issues in terms of importance and/or urgency and propose next steps. In this part, incorporate into your memo your considerations for any additional information requirements to resolve these issues and specifically how these may generate a need for marketing research. Remember to use proper memo format. A tutorial on this may be found in your weekly course materials.
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Step: 1
Analysis of Muskoka Lakehouse Restaurants Management Issues A Identified Management Issues 1 Declining Revenue and Profit Margins The internal data and information suggest a concerning trend of decrea...Get Instant Access to Expert-Tailored Solutions
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Step: 2
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