Strategic Plan Part One Conceptualizing a Business Carmen Bryant BUS/475 August 8‚ 2012 Garold Cold Strategic Plan Part One Conceptulizing a Business In this paper it will explain my business‚ the products‚ and services as well as the customers who will be coming into the establishment. By developing a mission statement that will help create a vision statement for my business‚ and‚ it clearly will help the customers and employees understand what it is that I want for my business and what
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Strategic Plan‚ Part I: Conceptualizing a Business BUS/475 Strategic Plan‚ Part I: Conceptualizing a Business A successful strategic plan must be based on the company ’s mission‚ vision‚ and values. The purpose of this paper is to define a selected business‚ products‚ services‚ and customers by creating a mission statement. In addition‚ this paper contains a vision for the organization that demonstrate the expected future for the business‚ and it will define the company values considering important
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Business Ethics – Unit 37 Task One Understand the meaning and importance of ethics in the business world Businesses have aims and objectives they wish to achieve to be successful. Operational activities are the things the business does to get there‚ however sometimes businesses make bad decisions that can upset staff‚ customers‚ local people‚ etc. this is why ethics is a very important aspect of business management. Objectives are set as stepping stones which are taken in order for the business
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Unit title: BUSINESS SCM-3M-B5 ▪ Option Taken: OPTION B ▪ Assessment Criteria: OPTION B ▪ Name: MARIA ROSA MARCO CABANES ▪ IoSCM Membership Number: 01684 ▪ Your email address: rosa.marcO@LIVE.COM ▪ Assessment Criteria File 5/7 ▪ Page 1/8 Produce a piece of work which includes the following information; 1. A description of three roles
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Explain the Different Types of Market Structures There is a spectrum of markets structures that exist. At one extreme you have the monopoly structure‚ where the market is dominated by one company with little competition. At the other end of the spectrum you have perfect competition‚ where the market is made up of about 100 small companies who would own about 1% of the market each. Towards the middle of the spectrum you have the oligopoly structure where the market is of about 4-10 companies who
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Support for the business process and operations: An ’Information System’ helps managers to conduct daily activities and functions properly. For example in a bank different activities‚ which involve but are not limited to: account creation‚ the withdrawal of money‚ statement generation among others‚ the Information System helps mangers to conduct such activities accurately and in a timely manner with the help of different software. Support for decision making in terms of employees and managers: An
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M1 Types of outlet Local Shops – shops located at local area‚ such as near college. An example of local shop is the Cabin‚ Tesco Express‚ One stop. There are advantages and disadvantages of this type outlet. An advantage is that they are convenience for customers. Therefore this increases the local shops’ customer base and profits because more people of that are likely to shop from the local shop‚ because it is easy and comfortable. Furthermore‚ local shops offer more customer service. Another
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1. Joe figures that with overtime he will average 40 hours a week for 52 weeks a year. If his current wage is $15.00 per hour‚ how much will he make per year? Before taxes Joe will make $31‚200. 2. How much would Joe’s wages be in an average month? Joe’s wages would average $2400 per month. 3. Based upon the information in the video‚ Joe has a car payment of $249 per month. The average utilities are: Electricity‚ $79; Gas‚ $49; Water‚ Sewer‚ and Trash‚ $27. In addition‚ Joe is saving
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Strategic Plan‚ Part I: Conceptualizing a Business Strategic Plan‚ Part I: Conceptualizing a Business Entrepreneurship is awe-inspiring. It brings the creativity and passion into becoming a profitable organization. There are entrepreneurs who did not dream of their one idea growing to an enormous corporate organization. Then there are some who strive and work hard that become nothing more than a small family owned business. Developing and building a business does not manifest only on great
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1.1 Describe the purpose of meetings Meetings have many purposes for why the take place‚ they are an initial way of communicating information with the full team all in one place. They have main functions and structures to why the meetings take place. One purpose of the meeting is to inform other team members of relevant projects and programmes that have been running and the outcome of what they are. Also to inform the meeting of any new developments that may have come up since the last meeting
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