Preview

JHT2 Task 1

Powerful Essays
Open Document
Open Document
1464 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
JHT2 Task 1
Heather Taylor
Company D (Daily Durable Shoes)
7/30/2015

Task 1 Part A
Scorecard

Income Statement

Balance Sheet

Task 1 B
Daily Durable Shoes uses a broad differentiation strategy. This particular strategy is concentrated on a more broad section of the complete market. Daily Durable serves a market that is defined by upscale people who enjoy fancy but durable shoes. Daily durable has made the company known for training efforts and meeting customer’s needs with free shipping to anywhere in 1 week or less. Daily Durable shoes is also known for the quality of their shoes using green materials and recycled boxes. By allowing free shipping with a one week delivery time, made competing for delivery and shipping difficult. Daily durable shoes holds a competitive advantage and financial success by offering free shipping in 1 week with competitive market prices. Customers also buy more from Daily Durable because we use recycled and green products to keep from harming the environment with pollution and wastes. Daily Durable focused on corporate social responsibility with ethics training for all employees, energy efficient initiatives, workforce diversity programs, as well as donated 10% of their profits to charity. When customers see the organization cares about their employees as well as the community, the company is rewarded with more customers purchasing shoes. Broad differentiation was used so that Daily Durable could focus on social responsibility while having a higher price for better quality shoes. Daily durable market is large enough to offer many different styles of shoes and expand upon growth in the future.

B1. The effectiveness of my strategy, I believe worked out exactly how it was planned to focus on corporate social responsibility and offer high quality shoes in several markets. I was able to offer a higher prices for shoes due to customers wanting better quality. My market share fluctuated by was higher during a

You May Also Find These Documents Helpful

  • Powerful Essays

    JGT Task 3

    • 1072 Words
    • 4 Pages

    The figures for fixed and variable costs for each section were derived from company records. I has been decided that at 1,000 units the variable costs could be determined and that it would also be a good point to set our volume at for analysis. Here is a breakdown of the costs for each option:…

    • 1072 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    JGT Task 1

    • 1830 Words
    • 6 Pages

    The recommendation is that management reorganizes the production process down to five stations, with appropriate tasks in each station to produce the required work boots.…

    • 1830 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Holey Soles Case Study

    • 1547 Words
    • 7 Pages

    Growing fashion consciousness- Customers look for shoes that are light, comfortable, warm, durable and that look cute which varies from the traditional customer preference of cost effective and durable.…

    • 1547 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    Jft2 Task2 Part 2

    • 6878 Words
    • 21 Pages

    I have been asked to develop an action plan for Anne Ewers as she moves forward with the ongoing merger of the Utah Opera and the Utah Symphony. A balanced scorecard has been provided for both organizations, and this document will include analysis of the strengths and weaknesses of each organization and recommendations that Ms. Ewers can take to address the weaknesses. Additionally, I will analyze the four aspects (including strengths and weaknesses) of the scorecards for each company and finally identify one highly probable issue that could arise during the merger process in the areas of finance, human resources, and customer satisfaction. Recommendations will be made for how the merged company executives can mitigate each of these issues.…

    • 6878 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    JHT Task 2

    • 2651 Words
    • 8 Pages

    The last 4 years with Company D was eventful, there were several lessons to learn with corporate responsibility and S/Q ratings as well as how to raise the image rating. Company D’s biggest resource strength for the last 4 years was corporate responsibility. The organization decided to use green footwear for the shoes, as well as recycled boxes for shipping. Daily Durable decided to spend $1000 each plant towards energy initiatives in order to save energy and reduce pollution. Charity donations of 10% of operating profit increased the company’s image rating. The highest amount given was in year 16 with a total of $5,484. Ethics training and workforce diversity training was offered to all employees for all 4 years to help employees understand the laws and they know the company is being fair during hiring processes and training opportunities. With the efforts in corporate social responsibility, Daily Durable earned a 2nd place award for corporate responsibility at least 2 years in a…

    • 2651 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    JCT2 Task 1

    • 1659 Words
    • 8 Pages

    Supply Chain (JCT2) Task 1 Business Fundamentals Simulation Review A. Documents From Simulation Cumulative industry results for last four quarters ending in quarter: 4 Minimum Maximum Average Mr. Matts Machines Total Overall 0.00 749.39 11.82 1.75 Financial Performance -73.50 211.50 9.41 6.46 Market Performance 0.00 0.65 0.11 0.44 Marketing Effectiveness 0.00 0.82 0.24 0.67 Investment in Future 0.00 468.30 1.22 1.71 Wealth -2.12 5.21 0.47 0.93 Human Resource Management 0.00 0.82 0.25 0.77 Asset Management 0.00 2.63 0.38 0.78 Manufacturing Productivity 0.00 1.00 0.25 1.00 Financial Risk 0.00 1.00 0.32 0.95 Income Statement Quarter 1 Quarter 2 Quarter 3 Quarter 4 Gross Profit Revenues 0 1,643,600 3,600,500 4,298,600 - Rebates 0 48,700 101,800 123,000 - Cost of Goods Sold 0 1,237,849 2,174,294 2,500,626 =…

    • 1659 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Jft2 Task 2

    • 1445 Words
    • 4 Pages

    In analyzing the Utah Symphony and Utah Opera merger case study, it was obvious that many factors, finances, personalities, and even the community would be involved. The wide reaching affects of a merger between these two types of organizations was eye opening. At the time of the proposed merger, the Utah Opera had a stronger financial footing and was not in danger of closing. The Utah Symphony however, was sliding down a dangerous financial slope. The organizations were structured differently in their number of employees and financial compensation packages. These differences would prove challenging in a merger and could be the basis Bill Bailey would use to oppose such a merger.…

    • 1445 Words
    • 4 Pages
    Better Essays
  • Better Essays

    The best-cost provider strategy incorporates fundamentals of differentiation and low-cost strategies in a distinctive way. It takes on the middle road tactic by looking for low-cost advantages and differentiation benefits, while making sure to appeal to the broad market as a whole and place some emphasizes in the narrow niche markets that surround them (low-end products and high-end products). Best-Cost provider strategies are a hybrid of low-cost provider and differentiation strategies that aim at providing desired quality/features/performance/service attributes while beating rivals on price (Thompson, Strickland, and Gamble, 2012). By doing this, Competitive Shoes is able to focus on value-conscious buyers that are looking for quality products at a discounted price.…

    • 5931 Words
    • 20 Pages
    Better Essays
  • Satisfactory Essays

    JGT1 Task 3

    • 58 Words
    • 1 Page

    I am attempting to address the concerns of not dropping the hitches verse bad order beaks, will recap how JB Hunt wants the containers priorities managed, and confirm the ramps connect with JBHRail if there are any questions if the container should be left behind. Once guidelines are clearly reiterated, expectancy would be to prevent unwanted TOFC…

    • 58 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Anderson, Olds, and Watershed has enjoyed working with your company this year, and look forward for more to come. Enclosed are the item that your company has requested of us, while there are some improvements to be made, your staff has done a fantastic job in assisting us with our audit. We hope that we have assisted your company and answered any questions about improvements to be made.…

    • 1820 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    JFT2 Task 1

    • 758 Words
    • 3 Pages

    As Chairman of the Board for the opera, Bill could rely on Maslow’s hierarchy of needs to find motivation tools to support the merger. Maslow theorizes that as one need is met the needs further up the pyramid become important. Both the opera and symphony exist and have lives thus meeting the physiological needs. Moving up the pyramid from safety through self-actualization Bill could find ways to describe how the merger helps both organizations fill the needs for themselves which would in turn help the merged organization. Each organization has strengths and weaknesses, such as the opera having a stronger fund-raising history or the symphony having a greater reputation, which could lend themselves to ensuring the success of the merger.…

    • 758 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    JHT2 Task3

    • 8466 Words
    • 22 Pages

    Hometown Bed and Breakfast is in the heart of downtown Pine Bluff, Arkansas. Arkansas is the natural state, this is because there are so many pretty views that are just nature and it’s beautiful. Pine Bluff is not known as a good place to live or even visit but for some we have no choice but to use the few resources the city has to offer. Relaxation is one thing everyone wants from time to time no matter your age, race, religion, or sexual orientation. Larger cities have bigger and better bed and breakfast venues but most want to go somewhere local to keep from driving over an hour away just to relax or a few days. This paper will focus on the functional market of Bed and Breakfast venues.…

    • 8466 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    JDT2 Task 3

    • 2402 Words
    • 8 Pages

    Higher employee satisfaction – When an appraisal is exquisitely prepared and well delivered employees are prone to respond better to the feedback presented. The employees also come away from the meeting with a clear understanding of their performance and where improvement is needed. They will also have good understanding of the company’s goals both for itself and for the employee themselves.…

    • 2402 Words
    • 8 Pages
    Good Essays
  • Better Essays

    JDT2-Task 1

    • 1828 Words
    • 8 Pages

    The following are my findings regarding the constructive discharge from the employee that has left our company after our policy change.…

    • 1828 Words
    • 8 Pages
    Better Essays