how to answer these 3 questions Baes Bees 2010-2014 (1) Insert Draw Page Layout
ID: 2819405 • Letter: H
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how to answer these 3 questions Baes Bees 2010-2014 (1) Insert Draw Page Layout Formulas Data Review View General Wrap Text Arial Copy Paste Format B4x Raw Honey 2010 Yearly Sales Analysis 2nd Qtr 3rd Qtr 4th Qtr Total $4,939 $982 $1,202$1,163 $4 567 $5,650 $1,091 $1,335 $1,292 4 Raw Honey 5 Processed Products $1,221 $1,221 6 Honeycomb $199 7 Farm Tours 8 Total 100 $1.250$3,100 S5, $3,493 $2,847 $3,986 5, $15,985 2010 Costs and Expenses 1st Qt 2nd Qtr 3rd Qtr 4th Qtr Total 12 Payroll 13 Fuel /Utilities 14 Supplies 15 Repairs/Maintenance 16 Internet / Marketing 17 Total $1,512 $1,258 $1,372 $1,401 $1,565 $8,112 $5,596 $1,548 $1,905 $2,300 $2,395 $273 $1,226 $125 $4,901 $210 $125 $125 $4,748 $125 $5,035 $18,089 42010 Yearly Sales Summary 2011 Yearly Sales Summary 2012 Yearly Sales Summary 2013 Yearly Sales Summary 2014 Yearly Average: 11 MacBook ProExplanation / Answer
As we can see from the sales analysis that the "Farm Tours" which was generating only $200 sales in Q1 has reached sales of $3100 by Q4. This seems to suggest that there is latent demand among the consumers to visit and experience nature and also be able to see where their food products are coming from in addition to this being an educational recreational trip for families with kids. This is not only a good source of increasing revenues from existing core activities but also can help market their products (throuhg word of mouth) and create great recall value and customer loyalty. Hence the company should look at similar lines of products / services which can be easily built around the existing infrastructure and can also complement their current business lines & product sales like weekend honey making classes or school tours to create wider awareness and market reach.
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