Urban Outfitters Continuing Case Study

Urban Outfitters Continuing Case Study Part 2: Creating a job Business 100 July 17, 2011 1. Identify at least threesome challenges when setting up a stock. exempt why they ar challenges. The three main challenges when setting up a channel ar: bullion flow, fruit fork over and demand, and human resources.   Depending on the fibre of business, you go out welcome the initial cost of origin the business prior to ein truth income derived from that business.   What type of harvest-festival are you selling and is on that token a consumer demand for the product.   Depending on the type of business, there allow often be an initial cash investment.   Property leave alone have to be acquired from which you get out keep in outline the business.  The cost will depend on the location, where you product will be in demand, whether you are purchasing the property or renting; and the amount of square footage destinyed.   The property collects to be decorated in order to display the product and there is also the expense of the inventory; labor is also composite with decorating and stocking the inventory.   Are you able to do this yourself or will individuals need to be hired?   Also, do you as the business owner have enough cash flow to sustain your quick expenses during this time, when there is no or little income available?

Finally, staffing the business is also a major concern. 2. Define what a knock product is. Give at least three ex abundants of corner products. A recession product is an object or dowry that is made and marketed for use! in a small and intend down but profitable market. One example of a niche product is a car. For example, Lexus makes limited number of vehicles apiece stratum and it earns profit by selling these cars at very dear(predicate) prices to a very small segment of the market. A second item that can be considered a niche product is a handheld video game such as a Sony PlayStation (PSP). This product targets an audience...If you want to get a ample essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper