ILO:
Premises decision to rent or buy.
Equipment required.
Vehicles.
IT hardware and software.
Suppliers and cost of equipment.
Premises decision to rent or buy.
Equipment required.
Vehicles.
IT hardware and software.
Suppliers and cost of equipment.
Physical Resources
The physical resources the organisation chooses to use will play a significant role in determining the competitive advantage of the business. Bteer quality resources will enhance the quality of the good/service supporting differentiation. However better quality resources will come at a cost and therefore this needs to be balanced within the marketing mix that is going to be used to reflect the target market.
Consider the role of physical resources for the following business:
Consider the role of physical resources for the following business:
Dubai Atlantis: A tour of the luxury hotel suite that will cost you £23,000 per night
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LocationWhat are the key questions to consider when taking on business premises?
http://www.pagehardyharris.co.uk/taking-business-premises/
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Activity:
Using the case study, consider the opportunity and threats that either location presents with the physical resources it includes and what will be needed.
The issue of the costs of the physical resources will be dealt with through the use of financial tools such as payback, cash-flow, break-even, ROCE etc.
Using the case study, consider the opportunity and threats that either location presents with the physical resources it includes and what will be needed.
The issue of the costs of the physical resources will be dealt with through the use of financial tools such as payback, cash-flow, break-even, ROCE etc.