Data Analysis

Who is the client?

Who type of business are they?

• Start-Up

• Developing Business

What is the company's sole objective?

• Achieve customer satisfaction

• Reduce costs

• Increase profitability

• Expand overseas

What is option 1?

• Cost-cutting and operational efficiency

• Changing to an premium pricing model

• Re-locating to Wales

• Switching to an online business

What is option 2?

• Revenue expansion through product innovation

• Revenue expansion through price innovation

• Revenue expansion through place innovation

• Revenue expansion through promotion innovation

Can you discuss a piece of data that links to option 1; making clear what the data is, which option it links to, how it may affect the business in the short-term, the long-term consequences of that short-term effect and summarize whether it will make it easier or harder to achieve the business objectives of returning to profitability

Can you discuss a piece of data that links to option 2; making clear what the data is, which option it links to, how it may affect the business in the short-term, the long-term consequences of that short-term effect and summarize whether it will make it easier or harder to achieve the business objectives of returning to profitability