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YOU HAVE TILL TUESDAY 03:59 PM TO SCAN AND SUBMIT. NO EXTENSIONS ALLOWED BUSI 3313 - MARKETING PRINCIPLES Homework II - FALL 2021 Name ID
YOU HAVE TILL TUESDAY 03:59 PM TO SCAN AND SUBMIT. NO EXTENSIONS ALLOWED BUSI 3313 - MARKETING PRINCIPLES Homework II - FALL 2021 Name ID RULES OF HOMEWORK: 1. This is individual work. No group work accepted. ANSWER ALL 3 QUESTIONS. 2. This homework is worth 5%-10% of your grade. 3. You must explain your work. Highlights and headlines with no quality information for the answer will yield a ZERO. Explain your answers ALWAYS. 4. I PREFER TYPED DOCUMENT. MAKE SURE NAME AND ID IS ON IT. i. ii. Khalil Mahmoud and his 4 brothers decided to open a Recycling factory which they called Mahmoudco Recycling. Their idea was to place big containers downtown and in office to collect paper AND/OR glass (in other words, you have 3 options: paper, glass, or BOTH). They had budgeted between $50,000 and $75,000 for ANY NUMBER OF MACHINES (it means, they are limited by the budget, and NOT LIMITED by the number of machines to buy). Their goal is to become the recycle king in the Eastern Region (local area), and MAY open branches in Riyadh and Jeddah if it is a success. Since Khalil was the older brother, he was made CEO of the company. Mahmoudco Recycling needs to commence business within 3-6 months. In order to fulfill their dream, the company decided to get on it right away. iii. iv. Questions 1. Important question: Go to the Internet. Search the national AND international market for recycling machines that Mahmoudco Recycling would buy. To shorten your search, do a little research on what is IMPORTANT in a recycling machine: capacity, size, price, electric consumption... etc. Pick and choose AT LEAST 4 criteria. Go through the 8 steps for business purchase, 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. List criteria you would choose to compare them on, and do it. In the end, tell me which vendor/machine/choice YOU would choose. Remember, the last couple of steps are about YOUR comparison. HINT: make a table to compare. Then give a mark for each. JUST LIKE WE DISCUSSED IN CLASS. 2. What micro or macro environmental forces would MOST effect Mahmoudco Furnishings? LIST AND EXPLAIN 2 micro and 2 macro elements. 3. ASSUME Mahmoudco Recycling 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 their place? EXPLAIN. YOU HAVE TILL TUESDAY 03:59 PM TO SCAN AND SUBMIT. NO EXTENSIONS ALLOWED BUSI 3313 - MARKETING PRINCIPLES Homework II - FALL 2021 Name ID RULES OF HOMEWORK: 1. This is individual work. No group work accepted. ANSWER ALL 3 QUESTIONS. 2. This homework is worth 5%-10% of your grade. 3. You must explain your work. Highlights and headlines with no quality information for the answer will yield a ZERO. Explain your answers ALWAYS. 4. I PREFER TYPED DOCUMENT. MAKE SURE NAME AND ID IS ON IT. i. ii. Khalil Mahmoud and his 4 brothers decided to open a Recycling factory which they called Mahmoudco Recycling. Their idea was to place big containers downtown and in office to collect paper AND/OR glass (in other words, you have 3 options: paper, glass, or BOTH). They had budgeted between $50,000 and $75,000 for ANY NUMBER OF MACHINES (it means, they are limited by the budget, and NOT LIMITED by the number of machines to buy). Their goal is to become the recycle king in the Eastern Region (local area), and MAY open branches in Riyadh and Jeddah if it is a success. Since Khalil was the older brother, he was made CEO of the company. Mahmoudco Recycling needs to commence business within 3-6 months. In order to fulfill their dream, the company decided to get on it right away. iii. iv. Questions 1. Important question: Go to the Internet. Search the national AND international market for recycling machines that Mahmoudco Recycling would buy. To shorten your search, do a little research on what is IMPORTANT in a recycling machine: capacity, size, price, electric consumption... etc. Pick and choose AT LEAST 4 criteria. Go through the 8 steps for business purchase, 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. List criteria you would choose to compare them on, and do it. In the end, tell me which vendor/machine/choice YOU would choose. Remember, the last couple of steps are about YOUR comparison. HINT: make a table to compare. Then give a mark for each. JUST LIKE WE DISCUSSED IN CLASS. 2. What micro or macro environmental forces would MOST effect Mahmoudco Furnishings? LIST AND EXPLAIN 2 micro and 2 macro elements. 3. ASSUME Mahmoudco Recycling 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 their place? EXPLAIN
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