Question 1 Ampomah Group is a large Ghanaian consumer products company with origin in Nkawkaw in the Eastern Region. The company primarily specializes in Shampoo, Diapers, Baby food and Cold medicine. Ampomah Group has business operations in over 50 cities in Ghana. The Company has been following the economic trends since 2020 and has found that after the COVID-19 pandemic, low-income households have been growing two times as quickly as other consumer segments. The preliminary report of the recent 2021 Population and Housing Census indicates a further extension of this trend in the next decade. Low income is defined as families with income at the poverty level or below. Ampomah Group has always had a premium product strategy. It sells its products in grocery stores, convenience stores, mass retailers, etc., but its products are always priced at the high-end of their respective categories. It has never targeted the low-income segment before and doesn’t have a low-income strategy, but given the growth of this segment, the Company is considering entering the low-income segment. The Group CEO has three questions for you as an MBA graduate. You are free to use relevant diagrams/frameworks/figures in supporting your answers to the questions below NOTE; Please i need diiferent diverging answers apart from the Previous answers given. kindly include conclusion too. Thank you 1) should Ampomah Group have a low-income strategy and why? 2) if it should have a low income strategy, what tactics should it deploy? 3) what are some the risks Ampomah Group may face? Question 2 Category Questionnaires issued Questionnaires received Questionnaires responsive Response rate (%) Head Office 14 14 14 Central Region 18 16 16 Eastern Region 17 15 15 Volta Region 17 14 14 By showing working, calculate the response rate (%) for: Head Office Central region 3. Eastern Region 4.Volta Region
Question 1
Ampomah Group is a large Ghanaian consumer products company with origin in Nkawkaw in the Eastern Region. The company primarily specializes in Shampoo, Diapers, Baby food and Cold medicine. Ampomah Group has business operations in over 50 cities in Ghana. The Company has been following the economic trends since 2020 and has found that after the COVID-19 pandemic, low-income households have been growing two times as quickly as other consumer segments. The preliminary report of the recent 2021 Population and Housing Census indicates a further extension of this trend in the next decade. Low income is defined as families with income at the poverty level or below. Ampomah Group has always had a premium product strategy. It sells its products in grocery stores, convenience stores, mass retailers, etc., but its products are always priced at the high-end of their respective categories. It has never targeted the low-income segment before and doesn’t have a low-income strategy, but given the growth of this segment, the Company is considering entering the low-income segment.
The Group CEO has three questions for you as an MBA graduate. You are free to use relevant diagrams/frameworks/figures in supporting your answers to the questions below
NOTE; Please i need diiferent diverging answers apart from the Previous answers given. kindly include conclusion too. Thank you
1) should Ampomah Group have a low-income strategy and why?
2) if it should have a low income strategy, what tactics should it deploy?
3) what are some the risks Ampomah Group may face?
Question 2
|
Category |
Questionnaires issued |
Questionnaires received |
Questionnaires responsive |
Response rate (%) |
|
Head Office |
14 |
14 |
14 |
|
|
Central Region |
18 |
16 |
16 |
|
|
Eastern Region |
17 |
15 |
15 |
|
|
Volta Region |
17 |
14 |
14 |
|
By showing working, calculate the response rate (%) for:
- Head Office
- Central region
3. Eastern Region
4.Volta Region
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