Best of the Semester-1

I was a business administration student, and I has been asked to analyze the reason why the music store closed. After reading the case, the graph, and the table, I found several reasons resulting in its failure. First, the location of the music store was outside of town, and only three miles away from a shopping center that had two large music stores. That might disperse the quantity of customers. Second, most of the dwellers here were of the age from forty-one to more than sixty. And their favorite would be classical music or folk songs, but most of CDs that the owner had bought was hip-hop and rock music. Which didn’t fit the elders’ favor. Third, the time that the owner chose to open his store was Monday to Friday from 1 to 5 p.m., compared with other time from Monday to Friday, people who would pass by the store are less. And the store didn’t open on weekends when passersby would be the most. So the customers would not buy CDs in the store. Last but not the least, the store would not accept checks or credit cards, which would make customers feel inconvenient. According to reasons above, people would not be surprised if the store was closed.