Assignment Task: Identify a local (within 50km of North Bay) business and answer the following questions: Name of Business:
1. Is the business independent or is it a chain? What is one advantage of this ownership structure? What is one disadvantage of the ownership structure?
2. Identify the core line of items sold by the business. What are the business's main items for sale? Where are these items manufactured?
3. List two issues that you believe the business faces in its supply chain. How would you mitigate these risks?
4. How many businesses does this company compete against in North Bay? Are they the market leader?
5. List 3 (Each) Strengths, Weaknesses, Opportunities and Threats of this local business.