CALVO, JHOANNE C.

BSA 1-1

Cuppa Coffee
✓ Cuppa Coffee is a cafeteria that provides a variety of hot and cold refreshments, primarily coffee,
as well as locally created pastries and snacks to the town's coffee connoisseurs. It will be a
haven of comfort and relaxation for anybody wanting to take a break from the stresses of
everyday life. Cuppa Coffee would like to attract local clients to continue to create a returning
customer base as the need for coffee and other related goods grows. While sipping coffee,
eating exquisite pastries, and enjoying the comfy furnishings and free internet access, Cuppa
Coffee will guarantee that its guests have the most soothing and overall greatest experience
possible.
✓ Why do I want to do this business? I wanted to do this business simply because I have dreamed
of managing my own company, due to the fact that I am a coffee lover myself, it would not only
bring peace of mind to my customers but also to myself as well. This business would be much
appreciated by those who want to have a relaxing place to do accomplish their task since I,
myself enjoyed reviewing for the exams while sipping my coffee, coffee helps me keep up
whenever I have a lot of works to do, it is such a big help most especially to college students,
employers, and employees to have a cozy place to stay while stressing out with some errands.
✓ Managerial Economics aids businesses in forecasting costs, profits, demand, capital, output,
and pricing, among other things. The three most essential elements in determining the success
of your organization are cost, revenue, and profit. A company can make a lot of money, but if
costs are too high, it will lose money and eventually go out of business when its cash flow runs
out. An entrepreneur must be able to manage expenditures and income in order to optimize
profit. Demand and price choices are sometimes referred to as marketing decisions. Marketing
is a well-established profession as well as an academic field with a substantial body of
knowledge. Economic logic and concepts, on the other hand, constitute a large part of the
theoretical underpinning for marketing activity. The costs of production are the expenses
incurred by a business in the process of creating, selling, and delivering goods and services to
customers. Factors of production are the different resources on which a firm relies to generate
a product (good or service). Labor, equipment, real estate, machinery, technology, insurance,
and other resources are examples of these elements, which all reflect expenses to the firm.
These are just few things connected with the essence of Managerial Economics. Firm decisions
are becoming increasingly reliant on limitations imposed from outside the economy in which a
specific business is situated, both in terms of products production and markets for the goods
produced. Among the elements contributing to the rising complexity of the corporate
environment is the influence of fast technological development on product and process
innovation, as well as marketing and sales strategies. The constant changes in the economic
and commercial environment make correctly evaluating the consequences of a business choice
more challenging. In such a dynamic context, good economic analysis becomes even more
crucial as a decision-making foundation. Managerial economics is a subject that aims to give
company managers with a firm basis of economic understanding in order for them to make well-
informed and well-analyzed managerial choices.