...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
...Conceptualizing a Business BUS/475 Karen M. McCarthy January 3, 2014 Conceptualizing a Business A successful strategic plan should be based on the vision, mission, and values of the company. The purpose of this paper is to define and explain a selected business, its products and services by developing a mission statement. In addition to a vision for the business that demonstrates the company’s expected future (Combs & Ketchen, 1999). It will define the organizational values taking into consideration topics such as ethics, culture, and social responsibility, and how the company’s strategic direction is guided by its vision, mission, and values. Finally, this paper will evaluate how customer needs and competitive advantage are addressed by the selected organization (University of Phoenix, 2013). Selected Business The selected company is Rainbow Distributors. It is a general merchandise distribution company. The company will offer general merchandising items that are not found in the grocery section of a store. The company will offer a wide variety of products that include items such as candles, beauty products, plastic cutlery and tablecloths, batteries, and aluminum roasting...
Words: 724 - Pages: 3
...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
...Conceptualizing a Business Candice Butler BUS/475 April 7, 2012 Conceptualizing a Business An individual has to develop a strategic plan that clearly defines the vision, missions, and goals of the business. Individuals also have to develop a strategic management. Pearce and Robinson (2009) stated, “Strategic management is defined as the set of decisions and actions that result in the formulation and implementation of plans designed to achieve a company’s objectives” (p. 3). In developing my business vision, mission, and values, I have to develop a strategic plan. Business, Products or Services, and Customers: Mission Statement Precious Memories is a scrapbook company in Baton Rouge, Louisiana, that provides classes, supplies, and invitation/stationery sales to customers. Precious Memories has to provide a mission statement for the company. A mission statement is a description of the purpose of the business. Here at Precious Memories we are devoted to help people preserve the memories of their lives. Precious Memories tells a story by creating a picture album. Our business will bring people together to mingle and celebrate their memories. Scrapbooking will help people and customers express themselves through lasting keepsakes of the people, places, and things they love. Precious Memories strive to teach the importance of preserving the past and inspiring the present. Precious Memories want to modernize the photo album by teaching people how to preserve memories...
Words: 730 - Pages: 3
...STATEGIC PLAN, PART I CONCEPTUALIZING A BUSINESS WILLIAMS QUIROGA BUS/475 JULY 18, 2011 TOSH STUART Abstract In this present paper, I will explain the importance of the Arcoiris daycare to the community and how this service is helpful for people that are unable to take care their children. Arcoiris Daycare was open on June 19, 2009. This home daycare provides services for children of varying ages including infants, toddlers and pre-school. Arcoiris daycare hours of operation are Monday through Friday from 8 am to 5 pm and Saturday from 9 am to 3 pm. In addition, this home daycare works together with Care4Kids, which is a government institution of the state of Connecticut that supports financially single mother. When this daycare opened, it had around three children but today the number has grown to 12 children with the owner and two assistants. Arcoiris daycare is one of the best choices that people have to leave their kids in good care. People who work for this daycare have certification by the state and attended school; they are very well prepared to take care of children. I will describe the importance of Arcoiris daycare business vision, mission, and values in determining the strategic plan direction. Conceptualizing a business Arcoiris Daycare Located in the state of Connecticut, in the town of Norwalk, Arcoiris Daycare opened in 2009 by Maria Feliciano offering childcare programs for all children under the age of five. Mission statement: Arcoiris Daycare...
Words: 1431 - Pages: 6
...Conceptualizing a Business Paper Jannie Tolliver BUS/475 Professor: Todd Goodling February 15, 2010 The Mission and Vision Statement is what hold an organization together. The Mission statement defines the purpose of an organization and describes why it exist and how it achieves it vision. The Vision statement gives an outline of the future plans of an organization and provides their strategic decision making methods. This paper will give an explanation of the importance of J&S Bridal the vision, mission, and values that determines the strategic directions of J&S Bridal. Define the Business The mission of J&S Bridal is to be the leader in the Bridal Industry, provide brides with the best service and a wedding day to remember for years to come. J&S Bridal prides itself on being an asset to brides and grooms by providing the best wedding service. J&S Bridal will plan the wedding at the discretion of the bride and guarantee their wedding will a success by recommending the best vendors, which results in an awesome wedding. In addition to making brides dreams come true and saving her from costly mistakes J&S Bridal will handle the details, so that the bride can relax and feel confident that their wedding day will be a wonderful experience. The Vision The vision of J&S Bridal is leading bridal service in Alabama by opening two other locations within the first five years...
Words: 1191 - Pages: 5
...Conceptualizing a Business The idea of an assisted living facility always has been a dream. A servant’s heart is one of the key fundamentals for this project, along with a desire to provide care, hospitality, and dignity. Because I am a Louisiana girl, raised in a small town, those values were instilled and have become second nature. A clear description of Philao Living, its consumer, and vision are provided, along with future goals determined. Additionally, culture, social responsibility, and ethical standards are defined. Mission, Vision, and Values Philao Living is a nonprofit organization, committed to healthy living, and spiritual values. Our goal is to provide a safe, loving, and quality environment to greater Houston and its surrounding area for those 55 and up, ambulatory, or non. These objectives include health care options for diverse situations and a commitment to maintain social, legal, financial, medical and environmental stability. The values preserved by Philao are devotion to quality and cost-effective care, while involving family, physicians, patients, and caregivers to complete this mission. This organization is committed to employee and family education on disease and other helpful areas such as, meal planning, exercise, etc. The commitment to holistic health care that provides dignity, social, psychological, intellectual, and spiritual well-being is our focus and goal. Additionally, every individual should feel a continued sense of independence...
Words: 1086 - Pages: 5
...Strategic Plan, Part I: Conceptualizing a Business Strategic Plan, Part I: Conceptualizing a Business One of the essential components when conceptualizing a business is to initially create the vision, mission and values as a backdrop of the business. These facets will be the basis of which the company operates and what it is built upon. For instance, as I looked through several organizations websites including: Cox Communications, GE, CARQUEST and Entergy, they all mention frequently within their vision and mission statements and their values that there business practices are conducted with integrity, honesty and customer service is of the utmost of importance. Additionally, they go on to indicate they promote productivity and diversity throughout the company. As I brainstormed ideas as to what my business form would be, the service or product I would provide as well as what is in demand; I too would like my company to be built on the basis of those parallel characteristics mentioned above. In this strategic plan, part I, I will explain the importance of my business’s vision, mission, and values in determining my strategic direction, including the following: defining my business, services, and customers by developing a mission statement and the differentiation of my services. I will create a vision for my company that clearly demonstrates my decision on what I want my business to become in the future. In addition, I will utilize guiding principles or values...
Words: 1165 - Pages: 5
...Strategic Plan, Part 1: Conceptualizing a Business Strategic Plan, Part 1: Conceptualizing a Business My selected business would be a temporary staffing agency; with many companies today reluctant to hire full-time employees a staffing agency for the right industry could be very successful. My staffing agency would focus primarily on the IT (information technology) sector and providing highly skilled temporary labor to companies that do not have the need for a full-time IT employee. For this business I will create a mission statement, create a vision statement that clearly defines what I want the company to become in the future. I will also define the guiding principles of the business taking into consideration the culture, social responsibility and ethical issues that may arise. I will also analyze how the vision, mission, and values that guide the organizations strategic direction and evaluate how the company addresses customer needs. Creating a Vision Statement Providing superior quality employees and services which will satisfy and earn the loyalty from our customers. To sell your product or service, you need vision. A vision is a picture of the future we seek to create, described in the present tense, as if it were happening now. It shows where we want to go, and what we will be like when we get there. When you work on your vision, consider your strategic focus, your market place competitive advantage or what makes you unique and marketable, how you add value...
Words: 1104 - Pages: 5
...Conceptualizing a Business-Lifestyle Fitness University of Phoenix-BUS/475 May 30, 2011 Susan Horvat Conceptualizing a Business-Lifestyle Fitness Throughout the history of human life, life expectancy averages have dramatically increased as we become more educated and aware of how to live longer. In the early 20th century, life expectancy has increased from 47.3 years of age to nearly 77 years of age in 2009 (Polan & Taylor, 2007). As we look at today’s awareness on health, most people are aware of early childhood vaccinations, government spending and debate on health care reform, and the growing debate on childhood obesity. The more we become concerned with the quality of life and prevention of many health diseases, life expectancy will continue to gradually increase. One popular approach to increasing awareness about healthy lifestyles includes the focus on maintaining a healthy eating lifestyle and living actively to ensure the human body is strong in every sense. More companies and businesses have started offering healthy alternatives to their product lines to remain competitive with the growing health awareness trends of most consumers. However, one aspect of healthy living which is just as important as healthy eating or awareness is the personal one-on-one guidance when concerning making the right food choices and fitness activities that individuals need. This industry has not been widely accepted or positively viewed as affordable and necessary. Lifestyle...
Words: 1331 - Pages: 6
...Conceptualizing a Business Victor De Jesus Bus/475 Camron Weeden Introduction I think it is very important that a company have a strategic plan to able to be successful. A company that has a strategic plan will be successful because having a strategic plan helps define the company’s mission and vision. A company that established a mission and vision statement about what the company about and what direction the company is going and their purpose and what the company’s plan for the future. This paper is going to I’m going to discuss the vision and mission of CMT equine riding center. Define the business The CMT equine riding center is a 40 acre riding facility with a cover arena, 30 stall stable, and 3 wash racks. The CMT equine riding center is located in North Texas. The CMT equine riding center will be giving riding lessons, trail rides, educating people on equine care, also the CMT equine riding center will also be offering summer camp and weekend camps for children. Company is: * Will conduct business with ethical standards. * Will provide quality lessons in North Texas. * Will also provide a safe and peaceful environment for the guest, employees. Vision Statement The CMT riding center is going to be a number one equine riding center in North Texas with the different riding activities. CMT riding center is always looking for different ways to expand the riding center to get different age groups involved. The CMT riding center hires array of people...
Words: 369 - Pages: 2
...Running head: CONEPTUALIZING A BUSINESS Part 1: Conceptualizing a Business BUS/475 December 14, 2010 Part 1: Conceptualizing a Business When the executives of American Airlines (AA) conceptualize the mission and values of the airline, they need to visualize how the needs of the customers, employees, and shareholders intertwine to direct the goals of the company. The objectives of the executives of AA must be well thought out and captured in a comprehensive mission statement. The mission statement needs to represent the vision and values of the company as a whole. This paper will define the business of AA; define, create, and analyze the vision of AA; and evaluate and analyze the alignment between the stated values and actual plans and actions. American Airlines was first established in 1934 after combining several small aviation companies. AA specializes in air transportation of people and cargo domestically and globally. Today, AA ranks as one of the largest global airlines partnering with several international carriers to form the OneWorld® alliance. AA coupled with American Eagle (AE) is represented in the stock market under AMR. AMR Corporations is the parent company of AA and AE. AE services short routes for commuters on regional jets and AA services passengers and cargo on longer routes domestically and internationally on various large jet aircrafts. According to www.hotstocked.com, the AMR Corporation operates, on average, more than 3,400 daily flights in...
Words: 1785 - Pages: 8
...Conceptualizing a Business Del Watt University of Phoenix BUS/475 February 10, 2014 Instructor: Fritz Hibbler, PhD * Write a 1,050- to 1,400-word paper in which you explain the importance of your selected business’s vision, mission, and values in determining your strategic direction. Include the following: * Bed and Breakfast * * Building a business involves 1) analysis or assessment, where an understanding of the current internal and external environments is developed, defined by using a mission statement and a vision of what the business need to accomplish and the desired end results of success. * Bed and Breakfasts are located all over the United States and offer not just a place to stay for the night but also incorporate the surrounding areas to provide entertainment and casual education to all who stay. * The following mission statement sums up the company’s direction and outlines the goals for what the owner and the management team hopes to accomplish, both in the business and the industry being served. * * Mission Statement: * To build a reputation for memorable vacations, getaways, and business lodging through the understanding design, hospitality and attention to important details. * To reflect our community‘s high quality of life through relaxed and informal environments designed for rest and recharge. * To host others as we ourselves wish to be hosted and strengthen our future though repeat and referral...
Words: 614 - Pages: 3
...Conceptualizing a Business Chris Wright BUS/475 February 23, 2014 Diane Deaton Heartland Residential Design is a custom home design company, designing homes for both builders and individuals in the Kansas City, metro area. There is a great need for such services in the metro area due to the home building industry crashing in 2009. Many home design companies that were in the area along with other industry professionals including builders and construction suppliers did not survive the crash. Now that the industry is bouncing back and new housing starts are at their highest since 2009, the opportunity for a business that designs custom home plans seems to be at its greatest, with opportunity growing as the housing industry begins its re-growth. Mission Statement: Heartland Design will define the way homes are designed for the future providing plans to customers which are green friendly energy efficient homes, drawn to utilize construction materials while reducing waste during construction, designed to meet all current codes, and most importantly, drawn to the likes and specifications of the customer at a reasonable cost and in a timely manner. A very important factor in the development of Heartland Residential Design and where it stands out among competitors is in the pricing of the provided services to customers and turn- around time for completed ready to build custom home plans. Most customers believe they must seek out an architect to have a home designed...
Words: 1169 - Pages: 5
...Strategic Plan Pt. 1 Conceptualizing a Business ------------------------------------------------- Bus/475 Samuel E. Dorville Samuel Dorville Mission: We sincerely believe in ensuring world-class personal gain with support through added value overcoming all obstacles. The three keywords mission, vision and value hold significant importance in the success of a company. No organization can move without having a proper integration of these three essential elements in its business. The selected business for this paper is an organization “Switcharoo’s” which is a web based provider that gives allows recently married, divorced, and everyday people change and/or update their personal information from state drivers licenses to the names on your social security cards. The company can cater to an assortment of request no matter how intrique they may be along with a clear vision and mission. As a nationwide web based service provider , Switcharoo’s will work in conjucntion with many entities both in private, federal, state, and local municpalities in the swift transition of name changes that are associated with marriage and/or seperation. Switcharoos offers unique services that are closely associated with the lifestyle change of the union of marriage. The organization knows how stressful this transition can be let alone without the proper guidance it may at times be mindboggling. Many newlyweds do not have the time nor the patience to get their document in order, thus is where...
Words: 1359 - Pages: 6