At his time the bowling alley prospered and became a place for families and other competitive league players to come and bowl. At one point in the movie the setting was placed in a bar where Doyle was debating in whether to have a drink or not. How should Givens evaluate whether to build, sell, or liquidate the business? Time line also provides an insight into the progressive challenges the company is facing in the case study. There are several difficulties that the company is facing with respect to functioning of organisation, management of finances and the operational activity of the business. There is a long list of activities of indoor games which however, does not compete directly with the bowling alleys but they are more cost effective for customers and are more enjoyable than bowling. Givens was proud of her achievements, but she worried that they had been too little, too late.
The Cons to this may be the opportunity cost of making the business profitable and giving the business a chance to make a return on investment. Issues identification: The primary issue faced by the general manager of the is based on choosing two business alternatives that might help the company to cover the loans and financial crisis. Due to there being resistance to change, there is no driving force for new customers. The strengths and weaknesses are obtained from internal organization. In the appendix attached you would see that I have taken 3 instances into consideration for urban bowling sofa and pull the leg of friendly bowling back street.
Cocktails lounges, venues that have kid focused activities and entertainment venues are all indirect substitutes to Westlake. . In the film we can see bystander apathy in the case where Doyle Gipson is not willing help Galvin Banek to get his documents. Conversely, if the company chooses a different business model, it may forgo an opportunity to leverage its unique location. As previously mentioned, they are faced with a lot of indirect competition such as other low-cost activities and restaurants. Words: 1056 - Pages: 5.
Also the setting of the movie that created the rightful atmosphere needed. It also highlights how such problems can reflect cognitive biases, which influence resource allocation decisions by senior executives. As of right now there are only two main roads in Lafayette that have a bike lane. Issues and Options Since 2004, Westlake Lanes has experienced declining revenues and increasing costs driven primarily market factors and an absence of effective cost and operations management. As graduation approached, Givens considered several employment options, including consulting. The Pros for this alternative would be that the business would be able to pay debt owed to investors. There was no mechanism in place to track the customers and time spent to offer better customer services and employees paid little attention to the customers and often engaged in personal work in the office hours.
Cons By taking this option we risk losing our loyal clients league bowlers who have been coming here for old ages and provide uninterrupted gross during weekdays. They do not face high supplier power seeing as they are able to easily conduct competitive research and opt for the cheapest alternatives. However, resources should also be perfectly non sustainable. To begin with, Givens has estimated the future cost of the company by assessing the cost of expanding the business. By going for this option we will also take care of all the issues stated above. Items that were offered in the place were bland and regular and comparatively expensive. Changes in these situation and its effects.
Bargaining power of suppliers: The bargaining power of suppliers is found to be low as there are many suppliers of the company that includes bowling and shoes equipment providers, drinks and foods providers and many more. Rivalry among existing customers The Westlake Bowling Lanes is situated in a prime location in the city. If Westlake Lanes chooses the Urban Bowling Lounge option, its close proximity to the lively neighborhoods and restaurants in Raleigh could be a source of competitive advantage that is sustainable and difficult to imitate. During her 9-month tenure as general manager, Givens, working 70-hour weeks, reined in costs and gradually grew revenues. I looked at several scenarios.
Best alternative should be selected must be the best when evaluating it on the decision criteria. By looking at the increasing deaths every year or even every 6 months, strategies have been made to decrease these deaths. For the next three years, Givens worked as a copywriter and creative director for a boutique advertising agency in New York City. The first is that behaviour is learned through observation Cherry, 2013. She then moved to the Midwest to attend a highly rated business school, from which she graduated in May 2009. Often history is provided in the case not only to provide a background to the problem but also provide the scope of the solution that you can write for the case study. Also, They have secured a loyal customer base as well as made a name for themselves in the downtown Raleigh area.
Words: 789 - Pages: 4. As graduation approached, Givens considered several employment options, including consulting. Words: 1324 - Pages: 6. As the company increased the rent price on bowling shoes, there had been a significant decrease in the customer traffic and the purchase of food and drinks. In a few years of managing the business by scrutinizing every expense you can accumulate enough savings to go for a bigger renovation in the future without depending on the loan from shareholders or banks. One of his reasons in leaving the company is that he becomes tired and boredabout the constant problems he is solving and that he wanted something more to experience.
However, the new entrants will eventually cause decrease in overall industry profits. Option 3: Continue with the same strategy After working continuously for 9 months, you have been able to make the business profitable for the first time in years. Once you finished the case analysis, time line of the events and other critical details. Words: 504 - Pages: 3. Therefore there must be some resources and capabilities in an organization that can facilitate the competitive advantage to company. Jonathan Lee 75-498 Section 2 Submitted By: Mukund Gokulka Identification of Issues: Westlake Lanes have been facing major problems in their business and was in a critical stage. Option 2: Childs Friendly Bowling Alley The other option is to change over the bowling back street into a child friendly zone by adding arcade games.