HW

In Chapter 11 of your textbook, read the case study, “Marketing Children’s Party Services: Rugged Earth Adventures.” After reading the case study, address the questions and prompts below. 

• Identify two strategic initiatives that you believe will result in growth and increased profits based on this case scenario.
• Create a condensed marketing plan for this children’s party company that aligns with your two identified strategic initiatives.
• Using informed estimates to fill in the missing data from the  case, formulate a financial summary of the business in its current form.  Include this financial summary as an appendix to the paper. Hint:  Conduct research if you are not sure how to complete a sales forecast.  There are a lot of videos and articles on this topic. You can convert  the financial information in the case to U.S. dollars by going to the OANDA Currency Converter website.
• Forecast what these might look like in a year or two, assuming  your two strategic initiatives were implemented. Include this  information in the appendix.
• Conclude your case study by answering the two questions listed below.       
  • Would you invest in a business like this? Why, or why not?
  • Are there efficiencies of scale for this type of business?
• Support your responses with content from the reading, lesson, and at least one outside, scholarly resource.