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Mountea Milk Tea Shop - Coggle Diagram
Mountea Milk Tea Shop
Competitive Environment
Bargaining power of buyers
Threat of new entrants
Bargaining power of suppliers
Threat of substitutes
Intensity of competitive rivalry
Competitive Driver- Cost Competitiveness
Attracting cost-conscious consumers
Expanding market share
Importance of offering lower prices
Improved operational efficiencies
Key Management Practices
Strategy- Communication
Sharing cost reduction objectives
Encouraging employee participation
Transparent communication channels
Culture- Motivation
Setting clear goals and expectations
Empowering employees for decision-making
Positive work environment and growth opportunities
Recognizing and rewarding contributions