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Annual Report for CONNECT Simulated Business

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Forecast for next quarter I need to discuss the forecast for our next quarter With our next quarter approaching we have significant room for growth, we are looking to make a series of decisions which will result in improvement in setting a concretized USD amount for our respective top and pants as well as finding an adequate stock margin for both. This will help us gauge what combination of pants and tops compliment each other in hopes of finding 20-30% in our net-profit margins and 5-10% in inventory stock. Meanwhile we start gaining some ground in achieving this goal. We will also invest in training all of our staff to ensure they are properly trained to provide The Maverick Experience to each and everyone of our employees and increase our odds at making groundbreaking sales per person. Once this starts to gain traction we will invest in marketing tactics primarily such as building a website and a social media presence increasing our outreach to multiple communities as well as occasionally putting up some promotions. These will be essential positive steps to be taken into the right direction down the road long term.

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Uploaded on
November 18, 2022
Number of pages
6
Written in
2022/2023
Type
Essay
Professor(s)
Unknown
Grade
A
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