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W09 Application Activity: Management Framework, Part 2

Team Members:
Carolay Alcá ntara Maldonado, María Ló pez Castro, Carlos Trassierra Gó mez

1. Mission and Strategy. Fill in the table below using information from W08 Application Activity: Management Framework, Part 1.
Mission (What you do) Strategy (How you do it)
We will set up our lemonade stand in the main streets of Seville,
Murcia and the hottest cities of Spain. We will use social media
platforms like Instagram and Facebook to be known by our
We refresh, hydrate, and help people get their daily dose of vitamin-C. potential clients, share informational content related to the
products we will offer, engage our customers and increase the
recognition of our brand. In addition, we will make a website with
the same purpose

2. Priorities. Fill in the table below with risks that could threaten the success of your business. Risks towards the top of the list should
be a higher priority for your team.
Risk Category Name the Describe the risk Why did you put this risk into this How will you reduce or overcome
risk category? this risk?
Deal-Killer Competitors We think that can emerge people that Since lemonade is something easy to We will try to offer a unique product
copy our business pattern replicate it would be possible that and care of our brand.
somebody would try to copy our
business idea. This would be a serious We will always distinguish ourselves by
problem because we will have direct being the first one lemonade sellers in
competition and lose potential clients the Spanish market.
and incomes.
We will patent our company's brand.

Deal-Killer Acceptance The biggest risk we can predict is that It could be hard at the beginning to We will start with a very competitive
our product won't have the impact we bring a new drink option to the Spanish price so that people are encouraged to
would like. culture because people are not used to buy a lemonade cup instead of their
looking for lemonade when they go out. regular drinks.

We will make a plan for a good


advertisement strategy focused on the
benefits of drinking lemonade.

During the launch week of our brand


we will give free-trials to the people
next the stand.

Path-Dependent Sell all year Our sales will probably not be constant Our sales can decrease at certain times We’ll focus on our mission which is to
round throughout the entire year. of the year. It won’t be the same to sell help people stay hydrated and get their
in summer than in winter. dose of vitamin-C all year long, whether
it’s cool lemonade in summer or hot
lemonade during the winter.
That way people will be encouraged to
drink lemonade throughout the year.

Path-Dependent Laws and Regardless of whether it is a large or Many companies do not know which Being familiar with the regulations that
Regulations small company, there are certain laws are those rules or requirements that we must follow, as well as being up to
and regulations imposed by the Spanish must be met before launching a date with changes in local government
government in order to be able to sell. company and that leads to fines or policies that may harm or benefit our
closure of the business. business, we will also keep informed of
the tax payment that corresponds to us.

Operational Keep our Since we work with food products, it is The main resource of our products are We will keep the lemons under a
products important that they are kept in a clean, lemons, as it is a fruit that needs special suitable temperature, so that it
fresh and in fresh state, and in the best storage and care. It is important that we take prevents them from ripening and
good handling conditions. precautions in food handling to therefore rotting quickly.
condition guarantee adequate consumption by
our future customers. We will have the appropriate
containers for the storage of lemons as
well as sugar or other sweeteners.

Operational Have Have enough to meet our sales goal per It is important that we have enough Once we have established our goal of
enough day. stock so that we do not run out of the number of lemonades we want to
stock lemonade for a full working day. sell, we will use our tables of costs and
quantities of regular lemonade and
fancy lemonade, to calculate the
appropriate amount that we will need
to buy for a day.
As our sales increase, we will increase
our ingredients’ purchases.

3. Measurement. Fill in the table below with at least three metrics that you can use to evaluate your performance and make informed
decisions. Make sure at least one measures how well you deliver on your mission. At least one should measure how well your strategy
is working. This table becomes your implementation plan.
Describe the metric Why did you choose it? How will you measure it? Why is this the best measure of
performance?
Metric 1 Customer loyalty system, they This loyalty system allows us to Every time a customer arrives for For us, it is important to keep our
receive a stamp for each drink catch the customer and commit the first time, we will offer them a clients, since not only will it make
him to consume more frequently. loyalty card. On one side of the us have a more stable income, but
With a promotion similar to "after card, the prize is announced (a free they will also be able to notice in
3 drinks, the next one will be free" drink) and on the other side, there their body the benefits of taking
it will be easier for our client to will be spaces where we can put a vitamin C (a strengthened immune
obtain their doses of vitamin C, as stamp for each drink made. system).
we will give them one rewarding
their loyalty.
Metric 2 Evaluate how are working our One of the main points of our We will have a community To have a qualified person in
social media strategies strategy will be to be known manager who will make the posts charge of our social media will be
through social media. By and interact with our clients on a the best way to succeed in the
evaluating these sources, we will daily basis. Also, this person will area. In addition every other two
be able to measure our efforts and be in charge to evaluate the weekly weeks we could be involved. Take
growth, and to be aware of the progress of our social media and care of our social media and
impact we are making in our make strategies to reach more discuss ways to get better.
community. We will be able to people. Every other two weeks we
detect potential problems as we will have a meeting with the
measure the feedback from our community manager and discuss
clients. the progress, the strategies and
problems of our social media.
Metric 3 To measure the quality of the This metric allows us to assess The acceptable level includes fresh Providing excellent service is a
product (lemons) we will use two how good the quality of our lemons. The excellent level goal for our team. Being the sole
levels: acceptable and excellent lemons is, which will directly affect includes lemons which, in addition suppliers of lemonade does not
the flavor of the lemonade. Also, to being fresh, are organic. Also for mean that we do our job in any
the use of fresh and organic cups, if they are made of recycled way. We want to be known for our
product differentiates us from plastic, the level assigned to them excellent quality product, so that if
other competitors. will be excellent. other competitors try to copy our
performance model, they will have
an added difficulty in matching us.

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