...Strategic Plan Part 1: Conceptualizing a Business BUS/475 Abstract The main focus of this paper revolves around Mia Boutique a new clothing store. The store wants to target the Hispanic community but sees growth opportunities in other communities. The Boutique mission statement is to state the present of the store and the vision is to create a path for the business in the future. The Boutique’s projection is to create customer awareness and eventually have its clothing in every household. Integrity is only one of different values for the guiding principles of the boutique. The mission, vision, and values serve as a guide to the company in creating a strategic direction. To satisfy the customer’s needs the clothing will be of a high quality with different styles and sizes to accommodate in different body types. A strategic website creation will provide a competitive advantage over other clothing stores. Key factors such as price differentiation, quality, and diversity will promote competition to the store positively. Strategic Plan Part 1: Conceptualizing a Business Competition in the business world is fierce, and one of the most competitive markets is apparel. Many local businesses open and close because they lack management strategies that will help them sustain in the market. To be a successful businessperson it is necessary to plan every step and action in the way. The desired goals for the specific business will be lost if there is no structure to follow. Mission...
Words: 1362 - Pages: 6
...recreation centers, botanical garden, shopping stores, and amazing restaurants. The resort’s mission is to provide excellent service to its customers, members, and guests by offering them the best in terms of operation, lodging, facilities, and dining. Mission statements are crucial for organizations to prosper and grow within the organization (Yeargin, B, May, 1996). Baderman Island Resort mission statement acknowledge the resort's strengths and then inform employees where to direct their efforts in order to take advantage of those strengths. The mission statement of Baderman is very straightforward and simple. The values and beliefs of Baderman are the core of this strong mission statement. Developing a mission statement can help business realize their vision because businesses are driven by vision and high aspirations. The Vision statement of Baderman’s Island Resort reflect the ideal image of the organization in the future. Baderman Island’s vision is to become one of the leading destination resorts and to expand the resort to 1,600 acres (Apollo Group, 2005). The resort creates a focal point for strategic planning and are time bound. The vision statement communicates both the purpose and values of Baderman. The vision statement for employees, it gives direction about how...
Words: 687 - Pages: 3
...Functional Area Interrelationships BUS/475 - INTEGRATED BUSINESS TOPICS Functional Area Interrelationships Team A will look at Kudler Fine Foods and analyze the company’s mission, vision, values, and goals. They will analyze the organizational goals and identify the key positions and conclude with collaboration of functional goals, vertical collaboration, and identify the key stakeholders and what their roles are. Kudler Fine Foods vision was introduced by a woman who had the vision to open up her own gourmet shop, selling gourmet foods and tools that one would need. In 1998, she was able to do that with her first store in La Jolla, California. From there she went on to open up two more stores; one is in Encinitas, California and one in Del Mar. When it comes to analyzing her mission, Team A would agree that she is on the right track with keeping with her mission, which is to “provide customers with the finest selection of the very best foods and wines” (Kudler, Kathy, 2012). Team A does not believe that Kathy would under value her customer service because that is what her business will thrive on. In her business, her loyalty to customer service far outweighs anything else. She wants the best for her customers at a cost that is affordable. She even has an incentive program, where her customers can come in and cook in her store and bring guest along to cook as well. Kathy loves to interact with her customers and gather ideas as to what they would like to see, therefore...
Words: 1705 - Pages: 7
...B Consultants, Inc. Sheri Sparks, Jeff Jewell, Kevin Rachel, and William Lewis Management 360 July 9, 2013 Vicki Bauer Riordan Manufacturing EMS Recommendations by Team B Consultants, Inc. There are several obstacles for manufacturers attempting to employ changes in their processes for more sustainable practices. One problem that manufacturers will run into is the lack of direction. Knowing that change is needed is the easy part of reaching sustainability. Knowing what changes to make is a much more complicated challenge. The idea of sustainability is discussed often, yet broad scope ideas are traded without specific details and applications. Team B Consultants Inc. (TBCI), is the leading consulting firm hired to perform current business practice audits, which they analyze to gain an understanding of the functionality of specific processes, how to implement changes, and which will be most effective. Air Emission Controls Upon review of the Riordan Manufacturing (Riordan) facilities in the United States and China, TBCI has determined the organization has multiple sustainable options for air emission reductions. These reductions will result in improved working conditions for employees, better air quality for the surrounding region, and keep the organization ahead of government standards for emission related issues. The first step in the reduction of emissions is to gather baseline data. After establishing a baseline manufacturers need to...
Words: 1487 - Pages: 6
...Business Model and Strategic Planning BUS/475 Business Model and Strategic Planning Apple Inc formerly known as Apple Computer Inc which provides corporate Server, MAC OS Systems and Operating System. Apples core product lines are the iPhone, iPod and Macintosh System. Steve Jobs and Steve Wozaniak, The founder of Apple has created the Apple Computer on 1st April 1976 and integrated in the company on 3rd January 1977, in Cupertino California. It has driven the Computer manufacturing market for more than two decades. Mr. Steve Jobs who was expelled in 1985 was return as CEO of the APPLE Inc in 1996 with new Ideas and corporate philosophy. With introduction of successful IPod Player in to 2001 Apple has again proved itself as a Market leader in consumer electronics. Latest era of extraordinary success of the company is in iOS based Apple products like I Phone, IPod slim, I Pad and now I Pad 2. Now a day’s Apple is a biggest technology corporation in the planet with the profits of more than $65 billion. It has about 49,400 employs all over the world. Fortune Magazine most Admired Company in United State in 2008 and in the world in 2008, 2009 and 2010. Apple Vision and Mission Statement Apple, Inc’s vision statement is “Man is the creator of change in this world. As such he should be above systems and structures, and not subordinate to them.” Explanation of Vision Statement: Apple lives this vision through the technologies it develops...
Words: 1031 - Pages: 5
...IRC §199A(d) defines a "qualified trade or business" as any trade or business apart from a "specified service trade or business" or a "trade or business of performing services as an employee." Under 26 U.S. Code §1202(e)(3)(A), a "qualified trade or business" are those other than any trade or business which involves "the performance of services in the fields of health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting, athletics, financial services, brokerage services" or any trade wherein the "principal asset" is the skill or reputation of its employees. The term "qualified trade or business" also excludes those that involve performance of services related to "investing and investment management, trading, or dealing in securities, partnership interests, or commodities" (U.S.C. §475(c)(2), (e)(2)). QBI Deduction Limitations for Qualified Trade or Business...
Words: 308 - Pages: 2
...per day • Analyzed Consumer Needs and implemented Time Warner Cable’s Sales process • Successfully completed Time Warner Cable’s first ever training class on Signature Home Suite of products and sold product Suite in test market of Charlotte, NC and Assisted others Representatives in their training • Completed Sales Orders and entered proper coding Data Analyst February 2009 – February 2010 Research Triangle Institute/HR Directions Raleigh, NC –A nonprofit institution whose mission is to improve the human condition through conducting studies for organizations such as the Department of Education. • Provided quality control analysis for over 8,000 student transcripts • Responsible for Data Receipt and Uploaded 475 student transcripts, Parsed 8,000 student transcripts, and Altered XML, PDF, EDI, and CSV documents • Contributed to production meetings, and daily required research...
Words: 355 - Pages: 2
...Strategic Plan, Part II: SWOTT Analysis Rich Bucceri BUS 475 May 28, 2012 Sarita Wesley Intro Utilizing SWOTT analysis for the Bucceri Insurance and Financial Services organization this paper will discuss internal and external factors to identify the right steps for the business to take to help be successful. SWOTT analysis will help guide upper management decide on what steps the business should take. Through a thorough SWOTT analysis we will look at the external and internal trends to identify strengths, weaknesses, opportunities and threats that the company could potentially face. SWOTT Analysis In order to conduct a successful SWOTT analysis we will need to assess the market, our company, and our competition. Additionally the organization will need to review any areas that could potentially generate a loss in sales or generated revenue. The first thing we will look at to identify potential future opportunities is our strengths and weaknesses. By identifying the current strengths the organization can identify what is currently working and if there could be any enhancements to make it better. By reviewing the weaknesses of the operation will help with identifying certain areas to alleviate as well as modify to hopefully at some point move into the strength column. Next the company will want to identify any opportunity that is where a need may exist and could potentially move into a profit. As a final piece the company will look at...
Words: 1043 - Pages: 5
...Running Header: Conceptualizing a Business Conceptualizing a Business Anita Fields BUS/475 Integrated Business Topics Phillip Cram March 28, 2011 Conceptualizing a Business R.F.J. Plumbing, Inc. is a plumbing service company that provides plumbing services from installations, repairs, and new construction. We are committed to offering an excellent level of customer service. We want to provide this service with an intense passion and an achievement in which we take great pride. Every job assigned to us or that we acquire, we aim to deliver quality professionalism and skill. Our company’s primary goal is customer satisfaction with every job. We are totally committed to serving you better than any other company with our courteous, knowledgeable, and friendly service. That is what R.F.J. Plumbing, Inc. is all about! R.F.J. Plumbing, Inc. started in January 2009, with one employee and that employee was the owner. Since then we have grown to two employees and plan to continue this growth every 18-24 months. Through our high standards of professional performance, quality, commitment to perform as a team, and work ethics, we aim to continually improve our dedicated and amply skilled employees. We simultaneously maintain the important family orientation that...
Words: 1038 - Pages: 5
...Table of Contents Executive Summary 1 The Product 2 Business Concept Statement The Product/Service The Customers The Product Value The Business Model Marketing Aspect * Market Entry and Growth Strategy Target Market Market Size Marketing Strategy Competitor Profile Competitive Advantage Production Aspect * Technology/Innovation Scope Suppliers Management Team Manpower Financial Aspect * Initial Investment Annual Sales Annual Expenses Annual Income Return on Investment Executive Summary The Food Box is a retailer of home cooked meals which addresses the needs of undergraduate UPLB students living in dormitories or apartments for low-cost meals that can be acquired anytime despite time constraints. The product is a food box, patterned from Chinese paper boxes, wherein the food and drink are contained in one vessel with specific divisions. This would enable the students to consume their meals while they are walking or in transit. Meals will be prepared only when an order is placed to ensure the quality and freshness of the product. Aside from this, the Company chooses not to add preservatives to the meals to provide a healthier option. Market Size Competitive Advantage The financial team projects its start-up costs to sum up to a total of 87 071.75 pesos. Majority of these funds will be used to build the first facility, pay deposits...
Words: 2306 - Pages: 10
... 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...
Words: 2400 - Pages: 10
...Аbstrаct The report detаils on the Industry- e-commerce, to which Аmаzon belongs аnd how Аmаzon implemets E-commerce in its model. Аmаzon’s business strаtegies аnd it’s mаrket strаtegies hаve been covered in brief. Аmаzon is one of the biggest plаyers in the field of cloud computing аnd the wаy it’s implemented hаs been covered. Vаrious MIS tools аnd Models which аre employed by Аmаzon in it’s business solution, helps in developing better understаnding of the compаny аnd the subject in generаl. Industry Introduction: E-Commerce Electronic commerce populаrly known аs e-commerce is а new growth direction for the business community. It is the use of digitаl trаnsаctions between businesses аnd individuаls. In other words, e-commerce is the use of the Internet to conduct business trаnsаctions. Given the huge potentiаl thаt this formаt hаs, technology will certаinly improve ecommerce аnd hence provide individuаls with more choices, thereby аdding to the economy. E-Commerce is аlso defined аs the аbility of а compаny to possess а dynаmic presence on the Internet which will thus аllow the compаny to conduct its business electronicаlly; in other words shift to аn electronic shop. Products here аre аdvertised, sold аnd pаid electronicаlly. Due to the expаnsion of the internet, аdvertising аnd is аvаilаble to people аcross the world for аlmost negligible. Аn аdditionаl аdvаntаge is thаt, the technology offers immediаte up grаdаtion аnd solution to issues. The biggest chаllenge for...
Words: 3760 - Pages: 16
...Club IT part 2 Mark Reis Xbis/219 August 18, 2013 Katherine Escobar Club IT part 2 Ruben Keys and Lisa Tejada along with many other business owners understand that information system technologies will let their originations to compete and flourish in the market place. Lisa, Rubin, and a systems consultant have analyzed the current information system status and during this analysis they have identified three areas that need improvement. This prompted Lisa and Ruben made the decision to upgrade their information management systems. The first problem their information system identified was neither Lisa nor Ruben were not up-to-speed with e-commerce. The second problem is that their computers are old and out-dated along with that their Internet connection was the old hard-wired system that plugged directly into the computer. The third problem, they need a better way to keep track of customer orders along with keeping track of inventory. A “Water Fall” method was Lisa and Rubens choice of method to use in their systems analysis (Wiley Higher Education, 2006). Current Information System Lisa and Rubin use their information system to help run their business and in their decision-making process’ (Wiley Higher Education, 2006). Their intranet and using the Internet helps them search for and retrieve needed information quickly. The web site has a login for employees, and they can access their personal information like, how many hours they...
Words: 941 - Pages: 4
...SG C1 True/False Indicate whether the statement is true or false. __T_ 1. IBM defines electronic business as "the transformation of key business processes through the use of Internet technologies." ___T_ 2. A transaction is an exchange of value. ___F_ 3. A transaction always has one or more activities associated with it, and an activity will always be related to a transaction. __T__ 4. Transferring funds, placing orders, sending invoices, and shipping goods to customers are all types of activities or transactions. __F__ 5. Business-to-consumer electronic commerce occurs when a person sells an item through a Web auction site to another person. __T__ 6. The U.S. government is one of the largest EDI trading partners in the world. __T__ 7. Firms such as Walmart and General Electric have been pioneers in using EDI to improve their purchasing processes and their relationships with suppliers. __T__ 8. A value added network (VAN) is an independent firm that offers connection and transaction-forwarding services to buyers and sellers engaged in EDI. __T__ 9. The increase in broadband connections in homes is a key element in the B2C component of the second wave. __T__ 10. In some cases, business processes use traditional commerce activities very effectively, and technology cannot improve upon them. __F__ 11. The skills of merchandising and personal selling can be easy to practice remotely. __F__ 12. A small-denomination item...
Words: 2244 - Pages: 9
...The Growth of Alibaba pg.8-pg.10 * Alibaba Business Model pg.11 * Five Forces Analysis pg.12-pg.13 * Present the Corporation Now pg.13 * Business Environment pg.14-pg.15 * The Financial Analysis pg.17-pg.18 * SWOT Analysis pg.19 * Recommendation for Alibaba pg.20 * Conclusion pg.20 * References pg.21 Definition * E-commerce Electronic commerce, commonly known as e-commerce or eCommerce, is a type of industry where the buying and selling of products or services is conducted over electronic systems such as the Internet and other computer networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web at least at one point in the transaction’s life-cycle, although it may encompass a wider range of technologies such as e-mail, mobile devices, social media, and telephones as well. Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of business transactions. This is an effective and efficient way of communicating...
Words: 5641 - Pages: 23
