Michael Petrov's business
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Analyze the case in the present. Discuss the strategic challenges Michael and Natasha Petrov currently face. Give specific attention to issues that might not be addressed explicitly in the case.
Assume you are Michael Petrov. Considering the external environment and your company's resources, outline a strategic plan of action. Support your plan with both facts from the case and logical arguments
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Analyze the case in the present. Discuss the strategic challenges Michael and Natasha Petrov currently face. Give specific attention to issues that might not be addressed explicitly in the case.
The strategic challenges that Michael and Natasha face are a declining demand for Laundromat service in the middle-income housing colonies. In addition, there is the challenge of searching out another location for the third Laundromat. Another strategic challenge that Michael and Natasha face is that there is a high fixed cost related to utilities, rent and property taxes. Their cash flow is under pressure because of this.
There are several issues that are not ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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