Wiki 3

• Which product or products could the sportswear  company develop or sell that would be successful/sell well in a pandemic situation?

1) A sportswear company should put on their website a lot of different kinds of resistance bands. During pandemic most gyms are closed and people train at home and they need equipment for it. Resistance bands are the most popular and most versatile choice to pick. The company will also put a discount on the bands to encourage for sport activity.

• How long would it take to put this product or products on the market?

2) It will take approximately two weeks for the company to deliver new products to their warehouse. Then they will need one week to put the bands on their website and set discount.

• How could the development and marketing of the products be financed?

3) Company will invest money that they have earned from selling their sport clothes. For the marketing they will use money received from the government ,,disaster financial assistance”  as well as they will take a loan from the bank.

• What financial terms/conditions would the company be able to accept in order to access funding quickly?

4) The company would accept the quick funding if the interest rate of the loan won’t exceed 4,96%. In that case the cost of the loan would be affordable.

Well done students. :)

Mark: 10/10

 

Adam Śliwiński, Bartosz Paliński