Wednesday, October 17, 2012

Elena's questions with my input in green.


Part 1 Questions:
1) How do you tailor your product lines to customer desires? How do you gauge if you are satisfying market demands?
2) How is this business owned?
3) Do you have a specific standard for employee behavior?
4) What steps do you take to provide a safe workplace?
5) What area your geographical distribution areas? (Canada? Washington? Etc.)
6) Do you have plans to expand your business?
Part 2 Questions:
1) What is the business structure of Nancy’s? Is Nancy’s a cooperation/partnership/sole proprietorship? Has it always been?
2) What are your thoughts on a merger if one were to take place?
3) What economic advantages does Nancy’s have over other creameries?
4) Have you noticed any demographic changes that have had either a negative or a positive impact on the business?
5) How did the economic crash of 2008 affect Nancy’s?
6) Do you outsource your tax return work? Do you feel like your accountant is taking advantage of all of the available tax relief?
Part 3 Questions:
1) How many managers do you employ? What are their duties? What is the standard managerial style and how is it employed? Is there an employee code of conduct?
2) What is one of the company’s objectives or goals that you expect all employees to take part in achieving?
3) Do you have any concerns regarding growth, and how do you plan to address these?
4) Please explain the chain of command when it comes to decisions making and assignment of duties and projects.
5) How do you control quality in your product?
6) How are technological advances incorporated into Nancy’s?
Part 6 Questions:
1) What strategies do you implement to reach your long term goals?
2) How do you track fiscal performance (record keeping)?
3) What is your biggest economic weakness and how are you working to strengthen that?
4) What is your marketing strategy?
5) Does the company have issues with internal honesty and what measures do you take to combat that?
6) Does the company invest in outside stock or make other outside investments?

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