Marketing consultant at the honest tea company

Assignment Help Finance Basics
Reference no: EM131808764

Part 1:

Imagine that you have been hired as a marketing consultant at the Honest Tea company. How would you advise the company's leadership team about their plans for future growth?

Part 2

Answer to it

I would advise the Honest Tea Company leadership team about their plans for future growth by telling them to know how to sell to the right clients. Not having the right mechanisms in place to prospect the right clients will make it difficult to sustain growth (Llopis, 2015). I went to the Honest Tea Company's website and looked at all their products. The only product(s) that I can recall ever seeing out on the market was the Honest Kids brand. I think Applebee's or some casual dinning place has it for kid's meals. But what I found surprising was that this company has an organic sports drink line. Yoga and cycle studios could sell this (selling to the right clients).

The leadership team also need to have great leadership. Great leaders become immune to pressure situations and also can be extremely intuitive about strategic and long-term plans for the future (Llopis, 2015). You need people who are not afraid to branch out and take risks. The leadership team needs to ensure people that the glass is half full and not half empty.

Reference no: EM131808764

Questions Cloud

Another that pursue a differentiation strategy : Identify two companies- one that you believe pursues a lowest-cost strategy and another that pursue a differentiation strategy. Relying on personal knowledge
Discuss the diversity in the workplace or another : Discuss the diversity in the workplace or another organization you might belong to as well as how that impacts the workplace or organization.
What is the degree of operating leverage for project : Projected fixed costs are $314,800 and the anticipated operating cash flow is $206,300. What is the degree of operating leverage for this project
What are the ethical issues involved in engaging : Assume none of the clients were audit clients. What are the ethical issues involved in engaging in such transactions
Marketing consultant at the honest tea company : Imagine that you have been hired as a marketing consultant at the Honest Tea company. How would you advise the company's leadership team about their plans
Discuss the entire amount was credited to rent revenue : advance rent from another company that is renting a portion of Microships Factory
Improve the project schedule : Identify what was done in order to attempt to improve the project schedule.
Most critical to the development of e-espionage application : Which of the seven phases of the systems development of life cycle is the most critical to the development of an e-espionage application?
Find the average preference level for each city : An advertising study interviewed six randomly selected people in each of two cities, recording each person's level of preference for a new product (Table).

Reviews

Write a Review

Finance Basics Questions & Answers

  What is your understanding of strategic planning and

what is your understanding of strategic planning and financial planning? what if financial planning is not aligned with

  Households have a much larger fraction of their savings

Households have a much larger fraction of their savings in stocks than in bonds. Can you think of reasons why this is the case?

  What were the probable misrepresentations

-  What were the probable misrepresentations and/or omissions of facts in the amended S-1 filing? -  Did the lead underwriters violate Fair Dealing with regards to the conveyance of updated revenue forecasts? If yes, how so?

  When a journal entry is made what must be equal and why

Can accounting transactions be directly recorded in the general ledger? If so, why do most companies initially record transactions in the journal?

  What must the risk-free rate be

A stock has an expected return of 10 percent, its beta is 1.50, and the expected return on the market is 8 percent. What must the risk-free rate be?

  Find out how much you will have accumulated

Find out how much you will have accumulated in the account at the end of (1) 3 years (2) 6 years and (3) 9 years. Use your findings in part A to calculate the amount of interest earned in (1) the first 3 years (years 1 to 3), (2) the second 3 years (..

  Find debt expense

ABC start in 2008 with a debit balance in accounts receivable of $20,000 and credit balance in Allowance for Doubtful accounts of $1,500. During the year, ABC trade $400,000 of produce and received $340,000 from customers.

  Compute rate of return on the investment

Suppose you decide to sell short 200 shares of XCorp stock at a price of $75. Your margin deposit is 65%. Commission on the sale is 1.25 percent. While you are short, the stock pays a $1.75 per share dividend.

  Implications of a value-to-book ratio

Compare the implications of a value-to-book ratio that is greater than one to those of a value-to-book ratio that is less than one.

  How much represents temporary current assets

How much of the $480 million in assets represents permanent assets, and how much represents temporary current assets?

  Approximate change in the convertible bond value

Suppose that a convertible bond has a conversion ratio of 20 and a delta of 0.70. For a price change of $0.125 for the stock price per share.

  Maturity on a comparable risk? bond

What should be the value of the Vail bonds given the yield to maturity on a comparable risk? bond? (Round to the nearest? cent.)

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd