Business Administration 1220E Midterm: Marten Arts Gallery Inc.docx

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Business Administration 1220E Full Course Notes
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Dennis marten pal is the director and owner of marten arts gallery (mag) in. Since the economy and the industry have recently obstructed the financial performance of mag, pal needs to create an action plan to return the company"s sales to the same level as the previous years" sales. As dennis marten pal, the suggestion would be to expand mag his company to stratford, ontario. Since the town of bayfield has a population of only 7000 people it will be hard for. Pal to increase the company"s sales alone in just this town. He will need to expand and expose a new area to the art work his gallery offers in order to increase sales above the businesses peak of , 000 in sales in 2005. This new location is expended to generate ,000 of sales in only the first year of it operating. Sales are expected to reach approximately ,000 in the second year of operations.

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