Question

Analyze the value chain analysis of your favorite company and describe the strengths and how they achieve economies of scale in their industry. Please avoid big names like Amazon, Walmart, Apple, Starbucks, etc., and concentrate more on your favorite shop in your neighborhood, a small business you really like, your family business or your favorite restaurant, etc. Be specific and cite your sources in APA format. Thank you!

Answer 1

So , Basically i will tell you the basic things.which i supposed to tell you about the small business.

In my opinion , Strength in a business refers to as the enlargement of your business and how much your business had a good value in the Market line.To make the business strengthen you have to make the good repo in the market area and also a good economy condition.

The economy they achieved by applies different things in their business .They are make a plan to make it easy for the people to use .So they can better their economy and make a good profit.

For example:- Take Example of Swiggy and zomoto .These are the small business but nowadays the move with the best results they gets popular day by day they make a good value in the market.They make a plan for the people to order the food from their home.They provide coupon discount code to catch the costumer and make their popular business.