New Venture Strategy - Whool Gatherer
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Title: New Venture Strategy - Whool Gatherer

Essay Details:

Subject: Business
Author: John G
Date: February 4, 2015
Level: University
Grade: A
Length: 2 / 501

Essay text:

Directing efforts towards this growth strategy allows the business to achieve economies of scales. As depicted in Exhibit I, even a growth of 100% in 2002 will allow the business to reach a break-even status. If considering possible additional costs reduction from suppliers and the potential of event a higher growth rate suggests that the business may become profitable as early as 2002. Ibex's business segment is another potential leverage for increasing profitability. Ibex focuses on a niche market of premium ski clothing and its customer base includes high-end customers that are much less sensitive to price than the average fashion consumer...

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