Question
You are the owner of a small noodle shop that is looking to grow, using strategic management theory, argue using two of the below points
You are the owner of a small noodle shop that is looking to grow, using strategic management theory, argue using two of the below points (one for and one against) which one you would choose and why. Use a real life example to illusatrate your argument.
supporting point
Enhance your menu: Analyze your current menu offerings and identify opportunities for improvement. Consider adding new noodle dishes or expanding your menu to include appetizers, desserts, or beverages that complement your noodle offerings. Cater to different dietary preferences, such as vegetarian or gluten-free options, to attract a wider customer base.
argue your point:Opening an additional location: partner with a local cafe or food court to get your business into new areas and new locations. Expansion should be approached cautiously, ensuring that you have the necessary resources, infrastructure, and customer demand to support it.
Remember, building a successful business takes time, effort, and dedication. Continuously assess your progress, adapt to market trends, and maintain a focus on providing a memorable dining experience to your customers.
You will be required to choose one of the above strategies to argue your point, and you are only required to use one of the others to form a counterargument. You must include business strategy theory in your argument.
Although it does not matter what type of organisation you use, examples of real organisations must be used to support your argument. You will need to source the organisation related information on your own.
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