Note: its in Marketing course
please answer Question 1
BACKGROUND: i. Khalil Mahmoud and his 4 brothers decided to open a furniture factory which they called Mahmoudco Furnishings. Their idea was to purchase cheap wood, cut it, and assemble cheap furniture for sale in the market. Their goal was to become the cheap furniture provider in the region. They decided to open 10 more branches in the major cities in the Kingdom within 3 years. Since Khalil was the older brother, he was made CEO of the company. ii. Mahmoudco Furnishings needed to expand due to increasing business. In order to fulfill their delivery orders, the company decided to buy three (3) medium-to-large trucks for pickup and delivery for the major branch. THEY HAVE A LIMITED BUDGET SET ASIDE, BUT KHALIL DID NOT SPECIFY IT. HE WOULD MAKE HIS CHOICE BASED ON A COMPARISON OF CHOICES. Questions 1. Important question: Go to the Internet. Search the national AND international market for trucks that Mahmoudco Furnishings could buy. To shorten your search, choose among Honda, Toyota, Hyundai/Kia, Nissan, Mitsubishi, and/or ANY 3 BRANDS YOU WANT. Go through the 8 steps for business purchase like the example in class, as it applies to this case. REFER TO THE BOOK FOR MORE DETAILS. Listing the steps gets you a ZERO. You must explain each step as it applies to the case (similar to example in class). List 4-5 criteria you would choose to compare them on, and do it. In the end, tell me which vehicles YOU would choose.(4 points) 2. What micro or macro environmental forces would MOST effect Mahmoudco Furnishings? List and explain 1 micro and 1 macro elements. (2 points) 3. For the furniture consumer, what kind of decision is this (complex, variety seeking, habitual, dissonance reducing)? Explain your answer fully. What are the steps the consumer would go through to purchase from Mahmoudco (steps in purchase)? (3 points) 4. ASSUME Mahmoudco Furnishings is making the purchase decision today: knowing what you do about the Coronavirus outbreak, what ADVICE would you give them? Why? What would YOU do in his place? EXPLAIN. (1 points) NOTE: PICKUP TRUCKS ARE NOT A CHOICE. DO NOT PUT PICKUP TRUCKS. PICKUP TRUCKS DO NOT QUALIFY. IF YOU CHOOSE PICKUP TRUCKS, YOU WILL RECEIVE A LOW GRADE