i. Khalil Mahmoud and his 4 brothers decided to open a paper recycling factory which...

60.1K

Verified Solution

Question

Accounting

i. Khalil Mahmoud and his 4 brothers decided to open a paper recycling factory which they called Mahmoudco Recycling. Their idea was to distribute bales for paper collection around town, and recycle it into different paper products. They had decided to start with 3 machines, and grow with the market.
ii. However, in the past couple of years, business had grown, and they have a need for expansion now. They decided to buy UP TO 3 extra machines to handle the demand. They decided to house the new machines in a newly constructed building for the purpose. In addition to paper, they could consider glass recycling as well.
iii. The 3 machines Mahmoudco Recycling wants to buy should fit certain criteria. THEY ARE LOOKING FOR LARGE TO EXTRA LARGE CAPACITY. And they have decided to invest UP TO $110,000 for the machines.

Questions

1. Important question: Go to the Internet. Search the national AND international market for paper and/or glass recycling machines that Mahmoudco Recycling would buy. ANY 3 BRANDS YOU WANT. Go through the 8 steps for business purchase, as it applies to this case. REFER TO THE BOOK FOR MORE DETAILS. Listing the steps gets you a ZERO. You must explain each step as it applies to the case. List criteria you would choose to compare them on, and do it. In the end, tell me which vehicles YOU would choose.
2. What micro or macro environmental forces would MOST effect Mahmoudco Recycling? List 2 micro and 2 macro elements.
3. For the paper and/or glass recycled products consumer, what kind of decision is this (complex, variety seeking, habitual, dissonance reducing)? Explain your answer(think: B2B and/or B2C). What are the steps the consumer would go through to purchase from Mahmoudco (steps in purchase)?
4. ASSUME Mahmoudco Recycling is making the purchase decision today, knowing what you do about the Coronavirus outbreak, what ADVICE would you give them? Why? What would YOU do in his place? EXPLAIN.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students