mayank06090 Posted June 20, 2012 Report Share Posted June 20, 2012 Okay so in my IA ... I am going to be doing a location decision for a firm . What all tools can i apply in addition to the investment appraisal tool, specifically what qualitative tools can be applied. Can this for a good IA ? Reply Link to post Share on other sites More sharing options...
wireman Posted June 20, 2012 Report Share Posted June 20, 2012 If you've got the Paul Hoang book, there's a whole chapter on Location. It'll give you all the info. Plus in the same book, there's a list of Business Strategies on the last page. This should help you. Reply Link to post Share on other sites More sharing options...
mayank06090 Posted June 20, 2012 Author Report Share Posted June 20, 2012 Yes I could analyse those factors? But I should be having more tools right ? I was thinking about porters five forces? Any other suggestions ? Reply Link to post Share on other sites More sharing options...
Ageha Posted June 20, 2012 Report Share Posted June 20, 2012 There is a whole chapter dedicated to "Location" in the Business syllabus.Other tools that are most frequently used are the PEST and SWOT analaysis as well.... Reply Link to post Share on other sites More sharing options...
kim luffy Posted June 20, 2012 Report Share Posted June 20, 2012 Well, moving to a new location usually means that there's a likely hood of moving into an area where competition is high and/or low. So depending on this and other factors, profit will be hindered. So yes, you can use porters five forces analysis and in addition to this, you may use kotter's six change approaches model because you need to think about the workers and how they'll be affected as this may hinder the business's performance. Also, as ageha said, you can also use a PEST and SWOT analysis. You will have to find more quantitative data apart from investment appraisal. Also, which investment appraisal method will you use in this case? Reply Link to post Share on other sites More sharing options...
ILM Posted June 20, 2012 Report Share Posted June 20, 2012 I would say that your IA may be excellent, because location is both interesting and focused. Tools in business is really general; surveys is a tool, and I will second what Kim said, SWOT and PEST may be suitable, you may look for the competitive rivalry in the place and use porter, and you will find this while working on it. Good Luck Reply Link to post Share on other sites More sharing options...
mayank06090 Posted June 20, 2012 Author Report Share Posted June 20, 2012 Well, moving to a new location usually means that there's a likely hood of moving into an area where competition is high and/or low. So depending on this and other factors, profit will be hindered. So yes, you can use porters five forces analysis and in addition to this, you may use kotter's six change approaches model because you need to think about the workers and how they'll be affected as this may hinder the business's performance. Also, as ageha said, you can also use a PEST and SWOT analysis.You will have to find more quantitative data apart from investment appraisal. Also, which investment appraisal method will you use in this case?I was looking at payback,arr and npv. Any other suggestions ? Anything related to sources of finance ? Havent covered the entire finance in IB1. Could probably do it on my own now. Reply Link to post Share on other sites More sharing options...
mayank06090 Posted June 20, 2012 Author Report Share Posted June 20, 2012 (edited) I would say that your IA may be excellent, because location is both interesting and focused.Tools in business is really general; surveys is a tool, and I will second what Kim said, SWOT and PEST may be suitable, you may look for the competitive rivalry in the place and use porter, and you will find this while working on it.Good LuckAny suggestion on the survey that can be conducted? Also, I was looking for a location of a new clothing store, any idea how I can check the customer proximity ? Edited June 20, 2012 by mayank06090 Reply Link to post Share on other sites More sharing options...
wireman Posted June 21, 2012 Report Share Posted June 21, 2012 Questionnaires, interview with the manager, etc. Get a good amount of primary data . Reply Link to post Share on other sites More sharing options...
Ageha Posted June 21, 2012 Report Share Posted June 21, 2012 Well, moving to a new location usually means that there's a likely hood of moving into an area where competition is high and/or low. So depending on this and other factors, profit will be hindered. So yes, you can use porters five forces analysis and in addition to this, you may use kotter's six change approaches model because you need to think about the workers and how they'll be affected as this may hinder the business's performance. Also, as ageha said, you can also use a PEST and SWOT analysis.You will have to find more quantitative data apart from investment appraisal. Also, which investment appraisal method will you use in this case?I was looking at payback,arr and npv. Any other suggestions ? Anything related to sources of finance ? Havent covered the entire finance in IB1. Could probably do it on my own now.You could look into the different sources of finance available for the company and evaluate them. Reply Link to post Share on other sites More sharing options...
kim luffy Posted June 22, 2012 Report Share Posted June 22, 2012 Well, moving to a new location usually means that there's a likely hood of moving into an area where competition is high and/or low. So depending on this and other factors, profit will be hindered. So yes, you can use porters five forces analysis and in addition to this, you may use kotter's six change approaches model because you need to think about the workers and how they'll be affected as this may hinder the business's performance. Also, as ageha said, you can also use a PEST and SWOT analysis.You will have to find more quantitative data apart from investment appraisal. Also, which investment appraisal method will you use in this case?I was looking at payback,arr and npv. Any other suggestions ? Anything related to sources of finance ? Havent covered the entire finance in IB1. Could probably do it on my own now.Well. Are you SL or HL? If you're HL, then you'd have to do a lot of primary research (what wireman said) like at least 3 or 4? But, if you're SL, then don't worry about primary research much. Just 2 would do. Like what ageha said, since locating to a new location, you have to consider where you'll get the money from. Evaluate the proper source of finance like obviously a bank overdraft wouldn't do. Probably a loan or leasing or hire purchase. I'm not so sure if NPV would be appropriate but if you think so then okay! Reply Link to post Share on other sites More sharing options...
CrazzzzedbyMars Posted August 22, 2012 Report Share Posted August 22, 2012 You could also try Lewin's Force Field analysis.... Reply Link to post Share on other sites More sharing options...
sam1879 Posted August 24, 2012 Report Share Posted August 24, 2012 Hi. I need some help with the Ansoff matrix of my company. My company became bankrupt half way. But I'm too far into the iA to change my company. Its a garments/textiles company and also has local stores in Bangladesh. my research deals with finding out how they can expand and compete locally. Reply Link to post Share on other sites More sharing options...
kim luffy Posted August 24, 2012 Report Share Posted August 24, 2012 Hey What exactly do you need help with in regard to the ansoff matrix of the company you're investigating? Reply Link to post Share on other sites More sharing options...
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