DukeLightning6965
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail…
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani in 2002 when its first store was opened in Powai, Mumbai. As of December 2022, it has 306 stores across 14 states in India.So we are opening these DMart in Canada GTA Area and the first location we are focusing is Brampton and Mississauaga
Answer the following questions in detial and with refernces-
1.Provide a brief but thorough description of the business. Explain the company’s service offerings, the reason for their existence (goal), the industry they are in, the location they are currently operating in, any information about their recent or current financial performance, etc.
2.What brands do they have, where do they sell them, and for what purposes
3.If you are unable to locate information on a company’s placement or level of development in the market(s), such as market share or penetration, making an educated guess is acceptable.
4.Provide a high-level justification for growing worldwide, with a focus on Canada. Why is Canada a market they are aiming to expand into? (This should be supported by your Growth Strategy section, PESTLE-C, and Porter’s Five Forces analysis.
5.Verify the organization’s mission statement. The mission statement outlines the organization’s purpose, goals, and strategy for achieving those goals.
6.Verify the organization’s mission statement. The organization’s goals are laid out in the vision statement. Why is your business in existence? What goals do you have for the upcoming several years?
7What are the SMART objectives and business goals for your company’s first and third years? Think about what you hope to accomplish by entering the Canadian market.
8.Provide two goals for the first year and two SMART objectives that are relevant to the aforementioned goals.
9.Provide two goals for the third year along with two SMART objectives that correspond to the goals.
10.Outline and define the exact growth strategy(ies) for your business to attain the specified goals and SMART objectives using the Ansoff Growth Model. NOTICE: One of them must be market development.
11.Indicate the Canadian location or locations where the business will first be launched. Justify your selection of the location (s).
12.You must provide enough information in your response to both clarify the WHAT and HOW (the strategy), as well as the precise timing.
I13.include the estimated size of the market.
14.Describe the brand and the particular service or business line that your team has selected to introduce in Canada (pick only one service offering).
15.Provide a thorough explanation of the service, highlighting its main characteristics and advantages (functional, emotional, and self-expressive).
16.Describe the service’s competitive advantage. Your analysis of the VRIO will provide information on this..
17.What are the marketing goals and SMART objectives for the first and third years that support the business goals and SMART goals? Think about what you hope to accomplish by entering the Canadian market.
18.Include 2 marketing SMART objectives that are relevant to the aforementioned goals as well as 2 marketing goals for the first year.
19.Provide two marketing goals for the third year and two marketing SMART objectives that are relevant to the goals.
