Palawan Pawnshop/ Pera Padala Opportunities1. Provide prompt and risk-free remmitance payouts to a large number of Filipinos.2. The capability of opening up new stores or branches Threats1. Foreign exchange rate 2. Rivalry among the existing competitors 3. Threat of new entrantsREQUIRED:Please provide thorough explanation on each item. 11:23PALAWANPAWNSHOPALAWANEXPRESSPERA PADALAPalawan PawnshopPalawan Pawnshop is now considered to be one of themost reliable, fastest-growing and leading pawnshops inthe Philippines. Its first branch, owned and operated byspouses Mr. Bobby and Mrs. Angelita Castro formallyopened in Puerto Princesa City on August 17, 1985Originally established as a business offering only pawnbrokering, we have expanded our services to includemoney remittance known as Palawan Express PeraPadala. Today, after more than 30 years in the industry,we offer our loyal customers other products and servicessuch as international money remittance, foreign currencyexchange, e-loading, bills payment and accidentinsurance in all our branches in cities, municipalities andremote towns nationwide.Good day! How may I help you?AAContact UsOLocation|||Xpalawanpawnshop.comPALAWAYPAY

INTRODUCTION - Palawan Pawnshop started as a small business venture in Puerto Princesa City,…

Palawan Pawnshop/ Pera Padala Opportunities 1. Provide prompt and risk-free remmitance payouts to a large number of Filipinos. 2. The capability of opening up new stores or branches Threats 1. Foreign exchange rate 2. Rivalry among the existing competitors 3. Threat of new entrants REQUIRED: Please provide thorough explanation on each item.

Palawan Pawnshop/ Pera Padala Opportunities 1. Provide prompt and risk-free remmitance payouts to a large number of Filipinos. 2. The capability of opening up new stores or branches Threats 1. Foreign exchange rate 2. Rivalry among the existing competitors 3. Threat of new entrants REQUIRED: Please provide thorough explanation on each item.

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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PONCIANO RETAILING COMPANY: Yesterday Mr. Ponciano Samonte was 25 years old when he organized his business firm, Ponciano Retailing Company. He asked Danny, the younger brother of his high school classmate, to join him in his newly formed business. As the years passed, the firm made good in the grocery retail business. Together, Ponciano and Danny established one branch after another. Within a span of 20 years, 19 branches were established throughout Central Luzon and Cagayan Valley. The total number of employees reached 405 and everyone showed respect to the leadership abilities of the two pioneers. Ponciano and Danny worked in a mutual trust with each other. Ponciano always consulted Danny on several important aspects of running the business. Danny was always busy training personnel on several aspects of managing a branch so there has never been a shortage of managers. Because of his loyalty and ability, Danny was well taken care of by Ponciano. He receives an executive salary that…
PONCIANO RETAILING COMPANY: Yesterday Mr. Ponciano Samonte was 25 years old when he organized his business firm, Ponciano Retailing Company. He asked Danny, the younger brother of his high school classmate, to join him in his newly formed business. As the years passed, the firm made good in the grocery retail business. Together, Ponciano and Danny established one branch after another. Within a span of 20 years, 19 branches were established throughout Central Luzon and Cagayan Valley. The total number of employees reached 405 and everyone showed respect to the leadership abilities of the two pioneers. Ponciano and Danny worked in a mutual trust with each other. Ponciano always consulted Danny on several important aspects of running the business. Danny was always busy training personnel on several aspects of managing a branch so there has never been a shortage of managers. Because of his loyalty and ability, Danny was well taken care of by Ponciano. He receives an executive salary that…
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