the Philippines Masters in Business Administration Philippine Business Environment OFELIA M. CARAGUE Ph.D MARIA ROSELA S. AZNAR Table of Contents I. Table of Contents........................................................................ II. Executive Summary ..................................................................... III. Marketing Plan ............................................................................. IV. Production Plan ..........................
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Step 1 Draft a business plan for the perfume business. At a minimum‚ include a mission statement; statement of initial goals; statement of three-‚ six- and 12-month goals in terms of a desired number of product offerings; the desired number of retailers reselling the products and desired cash flow; and financial forecasts‚ including startup costs and budget‚ income‚ profit‚ loss and cash flow statements. Constantly update and tweak the business plan with real-world numbers as they become available
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Depreciation 3658 3658 0 Interest 539 539 539 Total Fixed Expenses 15988 7195 -4933 Net Operating Loss -2262 -7195 -4933 According to above‚ Superior will suffer operating more loss of $4‚933‚000 if it drop project 103.Therefore‚ the company should keep Product 103. Q.2 Should Superior lowers as January 1‚ 2005 its price of product 101? To what price？ Variable Cost (VC) Fixed Cost (FC) Compensation Insurance 0.39 Rent 0.88 Direct Labour 6.06 Property Taxes 0.29 Materials 3
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Answer#1 First Six-Months Price Variance Efficiency Variance Sales-Volumn Variance AQ*AP AQ*SP SQ*SP Static Q*SP Raw Materials 590000*3.867=2281000 79000F 590000*4=2360000 104000U 188000*3*4=2256000 144000F 200000*3*4=2400000 Direct Labor 400000*11=4400000 $- 400000*11=4400000 264000U 188000*2*11=4136000 264000F 200000*2*11=4400000 Spending Variance Efficiency Variance Never a Variance Actual Input
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Instructor name: Ma’am Sobia MARKETING The action or business of promoting and selling products or services‚ including market research and advertising. Q: importance and significance of marketing? IMPORTANCE & SIGNIFICANCE OF MARKETING Marketing is an ongoing process that helps to provide what the client wants and needs whilst allowing the business to be prepared to respond to change. If you have a salon‚ restaurant or other business you must make sure that potential customers are aware of
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During the second half of the year‚ the company increased the price of the goods. As a result the company suffered a decrease in sales but its total revenue increased due to the increasing prices. This could be explained by the fact that the company did not maximize its profit during the first half of the year‚ the price and sales of the company is not at equilibrium and products are being sold at a price lower than equilibrium. At the second of the year‚ due to an increase in price the sales volume
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Perfume Industry Statistics Data Annual global perfume industry sales revenue $27.5 billion Annual US perfume industry sales revenue $5.2 billion Percent of American women who don’t use perfume 17 % Number of perfume brands carried by US department stores in 2002 756 Number of perfume brands carried by US department stores in 2010 1‚160 Percent of fragrance market held by Coty Inc 13 % Percent of designer perfume brands priced at over $75 46 % Percent of celebrity perfume brands priced
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What is the balance between vertical and horizontal structure in Malard Manufacturing Company? Is it appropriate that department manager always turn to the executive vice-president for the help rather than to one another? An organization structure clarifies who is given with the authority‚ how authority has been divided in the organization among employees and who are responsible for what kind of job. Generally we can see two kind of organizational structure. Vertical Horizontal Vertical management
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How to Make Perfume from Gumamela Introduction In this study‚ we intend to make homemade gumamela perfume. These days‚ prices of goods have been constantly increasing‚ and one of these goods is perfume. Perfumes are usually of higher so this study can help people‚ especially woman to save more. Instead of buying expensive perfume‚ they can now try making their own perfume with the use of natural resources like gumamela petals. History of Perfume The word perfume used today derives from the
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. Riordan Manufacturing Strategic Plan University of Phoenix Strategic Management MGT/498 Riordan Manufacturing Strategic Plan A world renowned plastics manufacturer employing nearly 550 workers worldwide‚ Riordan Manufacturing Co. a leader in the industry of plastic injection molding‚ has more than $1 billion in revenue. With operations based in California‚ Michigan‚ Georgia‚ and China‚ review of current resources within Riordan’s business structure reveal numerous areas in need
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