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Threat of High
potential
entrants
Bargaining Low
power of
suppliers
Bargaining Medium
power of
buyers
Degree of Low
existing
rivalry
entry.
Since innovation costs are also high, exit barriers are
also high.
Since we have first mover advantage, there are no
competing firms with similar substitutes.
After the safety failure of hoverboards, demand for
Mywheel is set to increase as an alternative product.
Partnership:
Enhancing market penetration by establishing partnerships with airports (to help
users that need to use them on airports) and distributors in medical supplies.
Threats:
-
Imitation:
If the product is easy to imitate, competitors can choose to improve or present it
as a substitute in the market.
report.
You
provided
great
effort
and
dedication
on
completing
the
questionnaire, and that helped a lot on making sure everything suits your needs. I
also appreciate your patience and time on answering my questions regarding your
personal habits. It would not have been possible to finish this report without your
assistance.
However, I believe that I will have to recalculate the budget and make changes to
the report if there are any changes on your weekly schedule, mobile and internet
service contracts, and choice of transportation. I genuinely hope that you will find
this report helpful by having a better insight on investigating your expenses.
I would be pleased to discuss about the report with you in detail. Please contact me
at +16478670073 or tiffany.lo@ryerosn.ca if you have any questions. I am pleased
to have participated in this report.
Yours Sincerely,
Tiffany Lo
Price($)
Quant
Total($
0.5 kg
1pc
$7.71
$6.99
ity
3
4
)
$23.13
$27.96
1pack (500g)
1 pack (375g)
$5.99
$5.49
3
2
$17.97
$10.98
sausages
Atlantic salmon
PC chicken wings
PC free from angus beef
113g
0.5kg
1.02kg
$4.99
$7.71
$14.99
4
2
1
$19.96
$15.42
$14.99
burger
Chicken breast fillets
Grain fed veal loin chops
Schneider ham
0.38kg
0.5kg
800g
$8.79
$11.01
$14.49
Ground beef
Maple Leaf prime stuffed
breaded chicken
PC bacon
Johnsonville smoked
Bakery
Wonder bread, whole wheat
Price($)
675g
Price($)
2L
227g
12 eggs
Drinks
Tropicana pure premium
$2.99
$4.59
$3.49
$5.29
Price($)
2.63L
$7.79
2
2
2
Total:
Quant
$17.58
$22.02
$29.98
$199.99
Total($
ity
)
4
$11.96
Total: $11.96
Quant Total($
ity
)
4
$18.36
1
$3.49
2
$10.58
Total: $32.43
Quant Total($
ity
4
)
$31.16
orange juice
Pantry
Price($)
Total: $31.16
Quant Total($
Barilla
454g
$2.39
ity
2
)
$4.78
linguine/Penne/Rotini/Shells
Nissin Demae ramen instant
100g
$0.89
$5.34
650ml
398ml
$2.99
$1.79
2
4
noodles
Classico sauce
Heinz beans
$5.98
$7.16
Total: $23.26
Price($)
1 each
1 each
1 pack
1 pack
1 bunch
1 bunch
227g
Household supplies
Royale toilet paper
$2.99
$3.29
$3.57
$3.07
$5.44
$1.82
$2.69
Price($)
12 each
Quant
Total($
ity
)
1
$2.99
1
$3.29
1
$3.57
1
$3.07
2
$10.88
4
$7.28
3
$8.07
Total: $39.15
Quant Total($
ity
)
1
$11.49
Total: $11.49
Total Grocery Expense: $349.44
$11.49
Based on Table 3.5, the total expected expense is $865.14, which is less than
the stated monthly income ($900). Therefore if William follows this money
management plan and spent exactly or less than the expected amount of
money budgeted, he will be able to keep within budget.
It is noted that almost half of the total expense (47%) is spent on living
essentials, while household, and lifestyle expenses make up 20% and 19% of