...Functional Area Interrelationships Christina Mowder BUS/475 October 2, 2013 Traci Thornton Functional Area Interrelationships Kathy Kudler’s (Kudler’s Fine Foods owner) values and goals seem to infiltrate into the mission and vision statements. Therefore, entrepreneurs organize his or her company with key positions to support the organizational structure. Effective teams in both internal and external environments remain the key to success when conducting business. Kudler’s mission “Our selections, coupled with our experienced, helpful and knowledgeable staff, merge to offer each customer a delightful and pleasing shopping outing” (Apollo Group, 2011. Furthermore, one identifies and explains the steps of the collaboration process Kathy Kudler applies to her business. Working to achieve organizational goals takes time, skill, and expertise. Reason for Existence According to Apollo Group (2011), Kudler Fine Foods remains a local upscale specialty food store located in three locations (La Jolla, Del Mar, and Encinitas) along California’s Pacific Coast. Kudler Fine Foods broke even in nine months and remains profitable within its first year. Kudler’s divisional organizational structure helps make it possible to expand to a second location in its second year, and expand even further when it opens its third location in the fifth year. Each location obtains roughly 8,000 square feet of retail space in a fashionable shopping center. The stores remain stocked with the elite...
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...BUS 475 Complete Course BUS475 Complete Course Click Link for the Answer: http://workbank247.com/q/bus-475-complete-course-bus475-complete-course/25712 http://workbank247.com/q/bus-475-complete-course-bus475-complete-course/25712 BUS 475 Week 1 Discussion "Assessing Stakeholder Positions" Please respond to the following: * Apple is about to release its latest technology. The company needs to develop a plan to communicate with key stakeholders about the release. You have been tasked with identifying those main stakeholders and selecting the method for communicating with each group. Summarize your plan in a two to three paragraph post. BUS 475 Week 1 Quiz 1 * Question 1 | | | All of the following are external stakeholders of the firm except: | | | | | | | | | * Question 2 | | | Departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are: | | | | | | | | | * Question 3 | | | When something stands out from a background, is seen as important, or draws attention it is: | | | | | | | | | * Question 4 | | | With the explosive growth of technologies that facilitate the sharing of information, this kind of stakeholder power has become increasingly important: | | | | | | | | | * Question 5 | | | Which argument says that stakeholder management realistically depicts how companies really work...
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...Proctor and Gamble D. Lewis University of Phoenix BUS/ 475- Integrated Business Topic Professor Cuccinello January 13, 2009 Proctor and Gamble Why did management at Proctor and Gamble allow the management to grow prior to Lafley? Proctor and Gamble has undergone costly restructuring. Upper management has forgotten that “Strategic management is defined as the set of decisions and actions that result in the design and activation of strategies to achieve the objectives of an organization” (Pearce & Robinson, 2005, p. 1). Proctor and Gamble has lost focus of their strategic management planning which involves maintaining the company’s mission and goals and looking at the company’s internal conditions and capabilities. The company became management top heavy. Lafley described this as been too invested in their employees. When a company acquires another company, one is also acquiring the other companies’ management team. Proctor and Gamble over the past century has acquired Folgers Coffee, Norwich Eaton Pharmaceutical, Richard- Vicks, Noxell, Shulton Old Spice, Max Factor and Iams Company. In 2005, Proctor and Gamble also acquired Gillette. No wonder the present management team had to eliminate 9600 management jobs. One of the ramifications of cutting...
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...Academic Majors Search Option1 1. Which major did you choose to research? Business Management 2. In which college is this major found? The College of Management 3. Give the location of the dean’s office of this college and where one would go to get information on how to transfer to this major. You may consult the NC State telephone directory and the college and department websites; or you may need to make some phone calls to complete this information. To find information on college of management you can physically go to North Carolina State University Poole College of Management 2801 Founders Drive Raleigh, NC 27695. Or you can call them at 919.513.4478. Or visit there website at http://poole.ncsu.edu/index-exp.php. 4. In your own words, briefly summarize the description of this major, including some possible career options. To find career information, you may start with NC State’s University Career Center Home Page. If you have started using the DISCOVER website in your class, or have been introduced to other resources, feel free to use them! The major of business management would teach me how to deal with real life situations of the business world today. I think Business Management would teach me how to manage people and money. As well as how to learn to critical think and use computers and technology in this day and age. 5. Attach a list of required courses (a 4-year curriculum layout) from the Registration and Records website (choose “Curricula...
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...Functional area relationship: Riordan manufacturing BUS\475- Integrated Business Topics Riordan Manufacturing Riordan is the largest industry capable of making polymer products. They are proud on their strategic planning and intelligence due to which they are able to make unique products. For the client’s satisfaction, the mission of the company is that the work and processes should be perfect and precise. The unique qualities of Riordan can be analyzed through their way of working in new projects. To fulfill the client’s requirements they work in intensive care environment to make their product perfect. Due to remarkable reputation Riordan is spreading their industry to make maximum products for clients. They have now started to make medical supplies and plastic bottles. To make their reputation regarding to superior quality they have build a plant in china to supply their product globally. The motive of Riordan is that “No compromise in quality”. Reasons for Riordan’s existence Riordan is marketing their products worldwide. They have 550 employs which are working precisely and with unique skills, which have revenue of approximately 1 billion dollars. Riordan produces different products in their worldwide plants. Albany plant produces plastic containers, Hangzhou, china plant produces fans and other plastic products are produced in their plants located in Michigan and Pontiac. Beside of making these plastic products Riordan is also capable of making automotive parts...
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...Strategic Plan, Part III: Balanced Scorecard Rebecca Lanham BUS 475- Integrated Business Topics August 1, 2011 Phyllis Koch 2 Balance scorecard is essential for developing a healthy business growing place. This is a vital key for defining the goals and targets of a company as well as the vision, mission, and the SWOTT Analysis. A Balanced Scorecard is, A set of four measures directly linked to a company’s strategy: financial performance, customer knowledge, internal business processes, and learning and growth (Pearce and Robinson, 2009, p. 202). This term paper will relate TL Concrete Services, values, mission, vision and SWOTT Analysis with the four perspectives of the scorecard (financial performance, customer knowledge, internal business process, and learning and growth). Financial Perspective/Shareholder Value A strong and well defined vision and mission statement will facilitate the company to achieve its target. The objectives of TL Concrete Services should be implemented as a daily routine so as to increase the performance of the company. The first and foremost responsibility of a company is to seek its customer satisfaction, benefit utilization, increased net revenues, and also to achieve financial stability. To evaluate the financial stability of a company, one should calculate the Operating cost, Earnings per share, growth revenue and return on interest and capital. If we succeed how we will look to our stakeholders Customer Value Perspective. The customers determine...
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...Strategic Plan, Part I: Conceptualizing a Business BUS/475 Integrated Business Topics December 15, 2011 Strategic Plan - Part I: Conceptualizing a Business Land Forms Construction is a general engineering and landscape contractor located in Laguna Niguel, California. The company has been in business for over 21 years. The owners Jeff and Anna Tracy started out as a landscape contractor concentrating mainly on commercial projects in Southern California. The company expanded its services into Northern California and Arizona. In 2010, Jeff Tracy also added value to his company by acquiring a General Engineering license to add value to the services offered at Land Forms. Mission Statement Land Forms Constructions' mission is to provide the finest quality results in all that we do. It is our goal to undertake all projects with the attitude of 100% performance in all respects, including: 1. Safety of both the public and our employees and customers. 2. Compliance with environmental laws and regulations. 3. Quality of products and services. 4. Customer relations. It is our view that no project is successful unless our client is satisfied, the project was completed both on time and within budget, and the job has been built using the finest materials and methods so as to provide the maximum value to our customer. Sunburst Landscaping plants a landscape architect’s vision making a construction project come alive. For 34 years we have followed our mission...
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...Bus/475 Integrated Business Topics Week Two Quiz The following quiz is comprised of two short essay questions worth 5 points each. Please use the assigned text to answer these questions. In all cases, the material found in the assigned text will govern. In other words, answers found from other sources might be “right,” but your quiz will be graded based on the material in the assigned text. Paraphrase the material from the text. Do not cut and paste. These are essay questions, not essays. Do not write a paper. Just answer the questions in as clear and concise a manner as possible. (1) Define strategic management. Identify any five of the nine critical tasks of strategic management? Strategic management is the process by which the management team determines a firm’s goals. It is achieved by examining internal and external strengths, weaknesses, threats and opportunities. The critical tasks of strategic management consist of: 1.) Creating a mission and vision statement 2.) Analyzing the business’s capabilities, i.e. strengths and weaknesses 3.) Formulating a plan based on this analysis, both short term and long term 4.) Implementing the pathway plan chosen 5.) Evaluating the effectiveness of the plan and making adaptations as needed (2) Define agency theory. Explain how agency problems occur. (Do not attempt to answer this question before carefully reading pages 39-42 of the assigned text.) The agency theory is defined as the relationship between...
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...Functional area relationship: Riordan manufacturing BUS\475- Integrated Business Topics Riordan Manufacturing Riordan is the largest industry capable of making polymer products .Their products are unique and are well designed. They are proud on their strategic planning and intelligence due to which they are able to make unique products. To satisfy their customers and fulfill their demands, the mission of the company is that the work and processes should be perfect and precise. Riordan manufacturing have well disciplined staff, proper management, excellent strategic planning and time to time communication are the qualities of Riordan can be analyzed through their way of working in new projects. To fulfill the client’s requirements they work in intensive care environment to make their product perfect. Due to remarkable reputation Riordan is spreading their industry to provide better services and products to the maximum number of clients all over the world. According to the need of the market they have now started to make medical supplies and plastic bottles. They are trying to get maximum resources to make different variety of products from the polymer. To make their reputation regarding to superior quality they have build a plant in china to supply their product globally. The motive of Riordan is that “No compromise in quality”. Reasons for Riordan’s existence Riordan is marketing their products worldwide. The aim of the company is that maximum number...
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...Strategic Plan Part 1: Conceptualizing a Business 1 Strategic Plan Part 1: Conceptualizing a Business BUS/475 - Integrated Business Topics Michael Portillo August 29, 2011 Strategic Plan Part 1: Conceptualizing a Business 2 GPS Marketing is a marketing company that specializes in getting qualified guaranteed prospects to see in front of independent insurance agents. GPS actually stands for “Guaranteed Prospects to See”. GPS Marketing guarantees every agent that comes aboard with our company that we will put them in front of at least 15 qualified prospects. GPS Marketing’s mission statement is “ Our goal is to get independent insurance agents in front of qualified annuity prospects on a favorable basis which in return increases their income substantially. We do this in a multitude of ways and we want to show you just how we can help you and your business.” In the following paragraphs is a description of how GPS Marketing can do just that. Our first program that we offer our independent insurance agents is our GPS program or our Guaranteed Prospects to See Program. GPS guarantees each of our new independent agents that we will send out one-thousand mailers which are done through direct mail. GPS sends this direct mail to a particular demographic. What this means is that this mailer will only be sent to those individuals that make at least an income of $50,000 or more, own their own home, and are between the ages of 50 and 70 years old. GPS does this for the agent...
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...Functional Area Relationships: Riordan Manufacturing BUS/475 – Integrated Business Topics March 1, 2010 Dr. Laura Pogue Functional Area Relationships: Riordan Manufacturing Riordan Manufacturing boasts their strategic capabilities and intellectual property strength as having the patents for major polymer material substrates. Because of these patents, Riordan is able to build unique products which create opportunity for their clients. The mission for Riordan is to be a company which pays attention to detail, practices extreme precision, and quality control. The attributes of the Riordan mission are seen throughout the processes of all Riordan projects. Careful checks and balances are placed throughout the process of generating new products which provide Riordan with the ability to create new products to meet the “unique needs” of their clientele. Riordan manufacturing exists to provide innovative products to meet customer needs. While Riordan may have started out holding patents for unique polymer processing substrates, the vision and goals did not stop there. Riordan manufacturing produces medical supplies, plastic bottles, and also owns a manufacturing plant in China which produces fans. The basic focus of Riordan manufacturing is to build a name trusted by clients to be superior quality regardless of the product. Reasons for the organization’s existence Riordan Manufacturing has 550 employees globally who are part of a Fortune 1000 enterprise...
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... Bachelor of Science in Business with a Concentration in Human Resource Management The Bachelor of Science in Business (BSB) undergraduate degree program is designed to prepare graduates with the requisite knowledge, skills, and values to effectively apply various business principles and tools in an organizational setting. The BSB foundation is designed to bridge the gap between theory and practical application, while examining the areas of accounting, critical thinking and decision-making, finance, business law, management, marketing, organizational behavior, research and evaluation, and technology. Students are required to demonstrate a comprehensive understanding of the undergraduate business curricula through an integrated topics course. The Human Resource Management Concentration helps students develop an understanding of the fundamentals of human resource management and its strategic relevance in business. The concentration addresses the legal and ethical components of the decision making process involved in the human resources environment. The Human Resource Management Concentration introduces students to the basic concepts of human resource management, and allows further study in the areas of employment law, risk management, recruitment and selection of employees, international HR, change management, compensation and benefits, employee development, and performance management. Students will also develop an understanding of the critical business implications for human resource...
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...Conceptualizing a Business Edmund G. Peabody University of Phoenix Integrated Business Topic BUS/475 Mr. Arthur Murphy April 30, 2012 Conceptualizing a Business Throughout this paper, a vision for an organization that demonstrates a decision on what is wanted in the future will be created. I will define the guiding principles or values for the selected business considering the topics of culture, social responsibility, and ethics. I will analyze how the vision, mission, and values guide the organization’s strategic direction. I will also evaluate how the organization addresses customer needs and critique how they achieve competitive advantage. Strategic Plan, Part 1: Conceptualizing a Business It is imperative to comprise a Strategic Plan to ensure that the business is successful. Astrategic business plan facilitates the company to characterize its mission and vision, giving the company a sense of purpose and direction that sets them apart from competitors (Pearce & Robinson, 2009). A mission statement also discusses the product or services conducted by the company (Pearce & Robinson, 2009). Instituting a firm mission and vision statement without a doubt represents to prospective and current patrons the company’s core values and its strategy for the future. Discussed in this paper will be the mission and vision statements and the values of the Red Dawg Range based in Pine Mountain Georgia. This paper will address the company and how each of the...
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...NAME: SHEILA PETIT-PHAR SUBJECT: BUS 288 FUNDAMENTALS OF BUSINESS PLANNING. DATE: NOVEMBER 14TH 2013 TOPIC: STRATEGIC PLANNING TEACHER: MRS. SAMANTHA V. EVANS Overview History This statement provides a common understanding of history of “La France Boutique” where its governing board rotates trustees on and off board every France Osias started “La France Boutique” in 1980 as a clothing retailer in Sand Bank, Treasure Cay, Abaco, Bahamas. “La France Boutique” has since grown and has started retailing clothing, cosmetics, cooking items, shoes and perfumes. La France Boutique was the final destination for purchasing any item. In the year 2011 during the down falls of the recession “La France boutique” a decrease in client. Introduction In the year 2011 during the down falls of the recession “La France boutique” a decrease in client. And survey said that customer service and technology Is the problem. What curses this problem I believe it is the lack of training of employee and also not updating our technology and keeping up with the latest trends in the industry. Planning to plan Members of Strategic Plan Sheila Petit-Phar Claudette Kelly France Osias Mark James Joe Peterson Jessica Davis Katie Nolan Why they are choose those persons France Osias………….Owner/CEO Joe Peterson …………...
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...Business Model & Strategic Plan Pt. II Wallace DuBose Bus /475 Integrated Business Topics Professor Garold Cole October 10, 2015 Introduction Healthy Family is an online website, a blog, and an app designed to support better the clientele of 24 hr. Fitness in overall care and healthy wellbeing. The SWOTT analysis in this paper will evaluate the strengths, weaknesses, opportunities, threats and trends that are confronting the business in the modern business environment today. Internal and external forces are the two distinctive groups that play an important role in this analysis. Internal factors are those that we can control the business, such as management structure and innovation. The external factors that Healthy Family, Inc. faces outside of the organization’s control such as controlling issues and competition within the market industry. The overall objective for executing the SWOTT analysis is to gauge and determine critical data that will be of great use during the strategic plan development process. External Forces and Trends Healthy Family, Inc. must deal with an array of trends and external forces that could and will affect the strategic decisions. The most imperative factors that need to be considered are the legal matters and controlling matters. This web page, app, and blog are technology determined by the development of intelligent property and it is crucial to have some copyright safeguard. Also, there is also the need and...
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