TASK 1: DESCRIBE HOW THE TWO BUSINESSES ARE ORGANISED IN ORDER TO ACHIVE THEIR PURPOSE. INTRODUCTION WHAT ARE THE AIMS AND OBJECTIVES OF DELL AND THE BESPOKE CUPCAKE CO. AND WHAT MAKES THE STRATEGIC: Dell and Bespoke cupcake co. Set aims and objectives‚ so as to be able to measure their progress towards their stated goals for a particular financial term or business period. Aims indicate where the business wants to be in the future‚ whereas objectives set a clearly defined target for the
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QUESTION 4 Explain how the formula for markup based on cost could be used to calculate cost‚ selling price‚ dollar markup‚ and percent markup. Pick a company and explain why it would mark up the goods based on cost rather than on selling price. Explain how the formula for markup based on selling price could be used to calculate cost‚ selling price‚ dollar markup‚ and percent markup. Pick a company and explain why it would mark up the goods based on selling price rather than on cost. Give an example
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X? has inelastic demand‚ is an inferior good 11. Sue can produce 4 dozen cookies or 2 dozen cupcakes in one hour. David can produce 6 dozen cookies or 4 dozen cupcakes in one hour. Sue ’s opportunity cost of 1 dozen cookies is? 2 dozen cupcakes and David ’s opportunity cost of 1 dozen cookies is 1. 5 dozen cupcakes‚ 2 dozen cupcakes and David ’s opportunity cost of 1 dozen cookies is 2/3 dozen cupcakes. 12. The market for agricultural products has experienced advances in technology but has relatively
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Bakery Industry Analysis Porter’s Five Forces analysis is useful when trying to understand the competitive environment facing a backery industry. It involves looking at internal competition‚ barriers to entry‚ the profit-appropriating power of both buyers and sellers‚ as well as substitutes to the goods produced. Applied to the bakery industry it shows an average net profit that typically does not cover the cost of capital due to low barriers to entry‚ ease of production and ease of access to ingredients
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independence. Candace and Charles displayed confidence by believing in them and in their cupcake business and made the decision to quit their lucrative careers to pursue the uncertainty of the cupcake only bakery. Their confidence could be tied in with their tolerance for ambiguity. Entrepreneurs are risk takers; they tolerate situations with high degree of uncertainty. This is the case for the Nelson’s. To bring the cupcake concept to L.A. during a time that the United States was deeply influenced by the
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and free software stack that includes an operating system‚ middleware and also key applications for use on mobile devices‚ including smartphones. Updates for the open source Android mobile operating system have been developed under “dessert-inspired” codenames (Cupcake‚ Donut‚ Eclair‚ Gingerbread‚ Honeycomb‚ Ice Cream Sandwich) with each new version arriving in alphabetical order with new enhancements and improvements. Bada (Samsung Electronics): Bada is a proprietary Samsung mobile OS that was
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ideas for pretzels‚ truffles‚ cupcakes‚ cake pops‚ pound cakes‚ petit fours‚ macaroons‚ marshmallows‚ pies‚ and so much more. All this started nearly 86 years ago‚ with the at-that-time outrageous dreams of a 15 year old boy‚ working in a candy factory‚ wondering about what the cake world could become. Dewey McKinley Wilton was born at the turn of the 20th century. Dewey was born into a very poor family‚ with 2 brothers and one sister. When his mother died in her 30s‚ Dewey’s father had to provide
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inspired from under-the-sea theme‚ with people dressed as mermaids in a backdrop of fifty shades of blue. Think gorgeous starfishes‚ aquamarine motifs‚ shell cookies‚ shell-shaped gift bags‚ gorgeous blue table runners‚ fish shaped pops and octopus cupcakes. What’s more‚ you can make use of blue instead of regular lightings to make the event come alive. 6. Hollywood or Bollywood Inspired Baby Shower https://img1.etsystatic.com/000/0/6390600/il_fullxfull.334533625.jpg Movie buff moms-to-be would definitely
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co-owners of Sprinkles‚ a cupcake-only bakery. Candace and Charles have proven that high-end ingredients in a very stylish setting‚ can challenge the low-carb food craze and get people to stand in lines that stretch out the door and around the block. Sprinkles got their big break when Oprah Winfrey had Candace bring 300 cupcakes that were featured on Breakfast with Oprah‚ which led to national recognition basically overnight. Sprinkle’s offers 24 custom flavored cupcakes that are decorated with a
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Introduction Nowadays‚ many people are willing to enter the world of business. Being a businessman is one of the best ways of challenging your capacity in managing and driving a business. The University of Luzon is yearly conducting its Foundation Week to celebrate its existence. One of the most expected activities is the “KALAKALAN” where an actual and hands on business will be built by the groups of college students. The “KALAKALAN” aims to determine the best group in selling and providing goods
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