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Outsourcing is a phenomenon that has affected almost every industry. Think back to the fictional company: moltobella(Fictional company) Moltobella is a small but passionate Italian

Outsourcing is a phenomenon that has affected almost every industry. Think back to the fictional company:

moltobella(Fictional company) Moltobella is a small but passionate Italian company founded in 2017 that brings forward the strong belief of using organic and natural ingredients for handmade skin, body care, and hair products to see the best results. This company avoids using chemicals so that they can create revitalizing products with the finest organic ingredients. They also use a vast list of natural oils, which helps rebalance and nourish the skin and hair. This small company's target customer is all ages, since they offered a vast list of organic products, safe for everyone's to use. also this company offer free, and fast shipping, and auto refills in their products, so the customer don't have to worried for paying shipping or regularly buying the products. A brief outline of the Moltobella: Core business: Organic Skin, and hair products like soap and aloe vera gel hair mask, Skin candles, Shea butter, Nourishing body oil, and Bath oil, essential oil. Core customer: all ages. Current challenge: Launching of moltobella new products for men and woman before Christmas. Competitors: Fabbon (2017), Carthusia(1948), and Herbatint (1970). -Fixed and one variable cost one of the fixed cost that the Moltobella company will be paying is for the mortgage of the business location where all the products are manufactured. On the other hand, the Variable Costs will be the variable in terms of cost of pricing as the natural oils used in the products or other raw materials. For example, the price of essential lavender oil increases during the winter and decrease the prices during its season. -Potential sunk cost there are several potential sunk cost, such as paying for the marketing study to see if the new products developed by montobella will be succeeding in the market. other the potential sunk cost that the company can be facing often is the rate given to the distributors prior the oil essential or raw material increase. The discount percentage given to the distributor cannot be changed as per the prior agreement. Hence. The additional discount given to the distributor is permanently cost, and therefore it is a sunk cost. -Relevant Cost for montobella relevant cost will the cost spent on the diversification and developing new products for men, and spent on marketing those products. since men nowadays care about their appearance and conditions of their skin. -Opportunity cost As mentioned above, the opportunity cost for Moltobella will the cost invested, and focusing a little more in developing new men's products. to increase the diversification and increase their presence in the market.

//answer the following// What are some aspects of your business that you could potentially outsource?

What are some qualitative factors that you will need to take into consideration before making your decision(s)?

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