...technology will help companies like Family Dollar conduct their everyday business and make logical decisions when it comes to expanding around the country. How will Family Dollar utilize their existing system to help the business effective and efficient? The development of Family Dollar is its people, the systems they use, and the sustainable business they run. The purpose of writing this paper is to lay out a diagram that will let Family Dollar explore some strategies that are optional to help them nurture the cost added services for the next 5 to 10 years. The most imperative crucial point of the paper will include the Executive Summary and the systematic approach of Family Dollar and their business strategy. This will come from tools such as the general force analysis and detailed SWOT analysis. The general force analysis will determine the external environments and the Porter’s five forces will determine the external industry environment. The SWOT analysis will see the sights of their strengths, weaknesses, opportunities and threats of Family Dollar. The paper will also draw attention to Family Dollar’s strategy and how will bring into line the vision and mission of the company Executive Summary For more than 60 years, Family Dollar has helped and provided their customers with a lot of worth as well as expediency. Their wholesalers are able to keep their cost down which helps them have the savings that benefit the customers. Family is very devoted to all communities they...
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...Family Dollar 5430 N Tryon St, Charlotte, NC 28213 RTL1005 – Professor Egeln Briona Brunson November 5, 2012 Executive Summary Introduction This executive summary will analyze the Family Dollar store on 5430 N Tryon Street, Charlotte, North Carolina 28213. The information presented will cover the category of retail, background information on the retailer, demographic profile, an overview of the exact location of this particular store, and the justification of the location chosen. Background Information In 1959, Levine opened the first Family Dollar store (History). The category of retail Family Dollar falls under is discount store. This discount store sells general merchandise ranging from “consumable products” to “treasure for every home” to apparel and even seasonal merchandise (Fact Sheet). The design of the store was to be “uniformly laid out and stocked” so that it “allowed customers to easily shop, (History).” According to the Family Dollar Facts webpage, the store’s mission was “to be a compelling place to shop for our customers, to be a compelling place to work for our team members, to be a compelling place to invest for our shareholders (Fact Sheet).” In other words, Levine did not want the store to focus on itself as a store but to focus on customer service, employment value, and investment in the company. This paired perfectly with the concept. That concept was “the customers are the boss, and you need to keep them happy (History).” Levine pictured the...
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...To: Professor Mark Swain From: Ariel Lasher Date: April 5, 2014 Subject: Marketing (BUS141B) Table of Contents Executive Summary 2 Introduction 2 Answer Questions/Assignment/Analysis 2 Conclusions and Recommendations 3 References 3 Executive Summary Philadelphia Phillies Inc. is a privately owned business that serves the public with the sport of baseball. David Montgomery is the chief executive officer (CEO) of the company, David Buck is the Phillies’s vice president of marketing, and Bonnie Clark is the vice president of communications. As part of the marketing strategy, the Phillies moved into the Citizens Bank Park in 2004 and Montgomery said, “Bring everyone in closer… Our challenge is to appeal to all segments in that audience.” The reason for marketing in this company is because the fans cannot be promised a win every game. There are several different types of fans, so the marketing team must find a way to make each and every fan feel welcome and comfortable, and to enjoy the entertainment that baseball provides. The Phillies also hosts charity fundraisers for several organizations. Introduction The Phillies family - from the players, coaches and their wives to the alumni, Ballgirls and front office staff - take great pride in giving back to the community. The entire Phillies organization teams up annually to host a variety of special events and fundraisers, prepare and serve holiday dinners to feed the homeless, clothing drives...
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...Fondou Business 1600 S. Warfield Street Philadelphia, PA 19145 (513)237-7646 Table of Contents * Executive Summary * Business Description and Vision * Definition of the Market * Description of the Products and Services * Organization and Management * Marketing and Sales Strategy * Financial Management Executive Summary Fondou Business is located in Philadelphia, Pennsylvania. They provide general merchandise to the public of all ages and families. Fondou Business is located in a busy flea market that operates on Saturdays and Sundays. The store provides merchandise that would suit anyone’s needs. Fondou Business is a small business that is operated by Abou Saidou Business Description and Vision Fondou Business is located in a busy flea market that provides good customer service and quality merchandise at a low price. The vision is to receive two thousand dollars ($2000.00) for expanding the business by purchasing more merchandise to increase sales. As of right now, the business is a sole proprietorship, however there are hopes of growing bigger and changing to a S-corporation, then excelling into franchising with multiple investors. Definition of the Market Fondou Business is not only located in a busy flea market where a lot of advertisement is already done by the owner of the flea market, yet they are confident everyone will find something they need. They pride themselves in listening to what customers’ wants and needs...
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...Table of Contents 1.1 Executive Summary 2 1.2 Company Summary 3 2.1 Company Ownership 3 2.2 Company History 4 3.1 Services 4 4.1 Market Segmentation 5 5.1 Competitive Edge 5 5.2. Sales Strategy 6 5.2.1 Sales Forecast 6 6.1 Management Summary 6 7.1 Personnel Plan 6 7.2. Break Even Analysis 7 8.1 Financial Plan 7 1.1 EXECUTIVE SUMMARY The Nixco Family Fitness Center, LLC is a thriving business-person's club but is also one of the only family-focused clubs in the Mitchellville, MD area. Fifty percent of our members are under the age of 45 and have young children. Currently, the center has 900 members. A center membership is $800 a year. The Nixco Family Fitness Center wants to add an additional 300 members with families over the next three years. We are a Limited Liability Corporation which provides a sound foundation legally for us to conduct our business. One of the keys to success of the Nixco Family Fitness Center is the ability to offer reasonably priced childcare in a safe environment while a parent works out in the fitness center. The club has increased the size of its fitness center and added more equipment, but many members would be unable to use the center if they didn't have a service to watch their children while they exercised. In fact, the service has become so popular that the clubhouse has outgrown its existing childcare...
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...OUTLINE FOR AN INTERNATIONAL BUSINESS PLAN Please type your plan single-spaced. The first stage in developing an international business plan is to undertake a preliminary country analysis. Presented below are four separate sections to be completed for collection and analysis of market data and preparation of the plan: (1) Analysis: Cultural Environment; (2) Analysis: Economic; (3) Analysis: Market and Competitors; and (4) International Business Plan. The headings in each section are general and intended to provide direction to areas to explore for relevant data. Heading topic area may be emphasize or de-emphasized, depending on the nature of the firm’s product and the country being targeted. Some topic headings are unimportant for some countries and can be ignored. In the material that follows, “product” can refer to products or services. CULTURAL ANALYSIS The data obtained for this section provides vital information to guide development of the business plan and to support managers in understanding specific cultural dimensions of the country. Such information is useful to ensure the firm is effective in both developing the plan and interacting with the target market. Hence the information developed for this section serves a dual purpose both in the early stages of developing the plan and in executing the plan through interactions with country nationals. The information in this section constitute more than simple facts. Managers responsible for developing and executing the plan...
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...Draft - Corporate Governance Considerations This material was prepared by Eliot H. Sherman – July 2005 FOCUS Learning Objectives By the end of this chapter, you should be able to: Understand the issues related to agency and delegated responsibility. Describe the similarities and the differences in the corporate scandals that have been identified in the past few years Identify the responsibilities of managers to the shareholders and other stakeholders associated with their corporations. OVERVIEW Corporate governance is not a new topic. It has been around for many years, often described as the “agency issue.” However, in recent years it has taken on increased significance, demanding increased attention. Since 2001, in particular, the corporate marketplace has seen a significant number of headline grabbing scandals involving major corporations. These scandals have raised new questions about corporate governance and, as a direct consequence of some of these situations, the U.S. Congress passed a very broad piece of legislation called the Sarbanes-Oxley Act of 2002. This law has had a wide range of consequences directly affecting large public corporations and public accounting firms and, less specifically, smaller public firms, private corporations, not-forprofit organizations and regulatory entities in many different ways. This law mandates some specific actions for large public corporations, many of these actions being required shortly after the legislation passed and others in...
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...CONFIRMING PAGES PART SIX Country Notebook THE COUNTRY NOTEBOOKA GUIDE FOR DEVELOPING A MARKETING PLAN TH E CO UN TRY N O TEB O O K O U T LI N E Cultural Analysis Economic Analysis Market Audit and Competitive Market Analysis Preliminary Marketing Plan cat2994X_cn_579-588.indd 579 8/3/10 2:44 PM CONFIRMING PAGES 580 Part 6 Supplementary Material The first stage in the planning process is a preliminary country analysis. The marketer needs basic information to evaluate a country market’s potential, identify problems that would eliminate a country from further consideration, identify aspects of the country’s environment that need further study, evaluate the components of the marketing mix for possible adaptation, and develop a strategic marketing plan. One further use of the information collected in the preliminary analysis is as a basis for a country notebook. Many companies, large and small, have a country notebook for each country in which they do business. The country notebook contains information a marketer should be aware of when making decisions involving a specific country market. As new information is collected, the country notebook is continually updated by the country or product manager. Whenever a marketing decision is made involving a country, the country notebook is the first database consulted. New-product introductions, changes in advertising programs, and other marketing program decisions begin with the country notebook...
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...EXECUTIVE SUMMARY The purpose of this case study is to identify and present the factors that contribute to Family Dollar’s success through quantitative measures of internal data, external data, and common sense assumptions. The study consists of several parts, each with a distinctive purpose: • Mission Statement – provides a description of what Family Dollar seeks to accomplish on a day-to-day basis and sets the standard for quantitative performance measures. • External Factor Evaluation (EFE) Matrix – outlines the opportunities and threats that could affect the company and rates Family Dollar’s current performance in addressing those factors. • Competitive Profile Matrix – outlines the success factors that are critical to the company’s continuity and rates Family Dollar’s performance as well as its rivals’ performances in addressing those factors. CASE STUDY FOR FAMILY DOLLAR STORES MISSION STATEMENT Existing Mission Statement To be a compelling place to shop for our customers; To be a compelling place to work for our team members; To be a compelling place to invest for our shareholders. Revised Mission Statement Family Dollar’s mission is to provide convenience and low prices for our customers (1), exceptional opportunities and incentives for our associates (9), and outstanding returns for our investors (5). Through our strategy of nationwide expansion (3), technological innovation in our logistics network (4), and energy reduction initiatives...
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...Business Plan: Leaders of Tomorrow Preparatory Private School Nicole Franklin Dr. Campo May 14, 2013 MGMT 530-11569 Table of Contents Abstract……………………………………………………………………………… Pg. 3 Mission Statement…………………………………………………………………… Pg. 3 Vision Statement…………………………………………………………………….. Pg. 4 Company Summary…………………………………………………………………..Pg. 4 Company Services…………………………………………………………………... Pg. 6 Market Analysis Summary………………………………………………………….. Pg. 6 Web Plan……………………………………………………………………………..Pg. 7 Strategy and Implementation………………………………………………………....Pg. 8 Financial Plan………………………………………………………………………...Pg. 9 Management Plan……………………………………………………………………Pg. 10 Executive Summary………………………………………………………………….Pg. 13 Abstract This assignment is a business plan for the hypothetical school, Leaders of Tomorrow Preparatory Academy. The business plan contains all of the necessary components needed to demonstrate the efficacy and legitimacy of LOTP as a viable business model. It is my goal to show that a private school can be founded and run viably according to the model that I have provided. Mission Statement Leaders of Tomorrow Preparatory Academy is a private institution that will offer an affordable high quality education to economically disadvantaged youth. We believe that a strong education lays the foundation for success later in life. To this end, we believe in educating the whole child. Our curriculum is built around both the student’s academic and personal growth. The institution...
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...Abhinay Madidi Patrick Guillaume Hannah Yue Table of Contents 1. Executive Summary ............................................................................................................................. 4 a) Introduction .............................................................................................................................. 4 b) Summary .................................................................................................................................. 5 2. Strategic Focus and Plan ...................................................................................................................... 5 a) Mission Statement .................................................................................................................... 5 b) Goals ….................................................................................................................................... 5 c) Core Competencies and Strategic Advantages ......................................................................... 6 3. Target Market …................................................................................................................................... 6 a) Who is our target market? ….................................................................................................... 6 b) Market Segments …....................................................................................................................
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...Abhinay Madidi Patrick Guillaume Hannah Yue Table of Contents 1. Executive Summary ............................................................................................................................. 4 a) Introduction .............................................................................................................................. 4 b) Summary .................................................................................................................................. 5 2. Strategic Focus and Plan ...................................................................................................................... 5 a) Mission Statement .................................................................................................................... 5 b) Goals ….................................................................................................................................... 5 c) Core Competencies and Strategic Advantages ......................................................................... 6 3. Target Market …................................................................................................................................... 6 a) Who is our target market? ….................................................................................................... 6 b) Market Segments …....................................................................................................................
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...PLUSH & CO Executive Summary Company Overview: At Plush & Co, our mission is to provide the highest in quality and innovative technology in lifestyle goods and toys for all ages. We intend to bring joy to family homes while still providing top of the line in safety. Management Team (Fabulous 5) Problem: We have made the thermal teddy bear more convenient to customers. Product: The very 1st battery operated thermal teddy bear with temperature controls Market Overview/Size: Our target market is people of all ages including New technology lovers, eco-friendly people and people that shop for new toys and entertainment. The market size is an estimated 20 million worldwide and 5 million U.S Exit Strategy: Sale to major retail stores (Walmart, Walgreens, CVS, Target) in 7 years. Competitors: Warm Buddies, Thermal Aid Zoo Upcoming Milestones: November: Business plan/ Pitch video December: Funding Event January: Begin Production Revenue Model: We will generate revenue by marketing on social media (Facebook, Twitter, etc.) and advertising. Funding: We are looking to raise 1 million dollars in equity. Financial Projections: Year 1 Units Sold Gross Sales Revenues Cost of Goods Sold (Gross Expenses) Gross Margin $ Gross Margin % Total Operating Expenses Net Profit$ Net Profit % 2,106 94767 52,000 42767 45.13% 38650.00 4,117 4.34% Year 2 2190.24 98556.52 49,000 49556.42 50.28% 37877.00 11679.42 24% Year 3 2409.26 108412.06 47,540 60872.06 56.15% 35983.15...
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... Rahul Krishnasamy Student Id – 1838804 TABLE OF CONTENTS 1. Executive Summary 2. Introduction 3. Lego’s Turnaround and business model 4.1 Bringing Back the Bricks 4.2 Improving Quality and Logistics 4.3 Lego Turnover 4. Conclusion 5. Recommendations 6. References Executive summary: The purpose of this report is to analyze the Lego’s turnaround and business model in light of its competitive position from approximately 2003 – 2013. This report will includes the aspects such as new product launch strategies, new collaborations which contributed to the creation of superior value and changes to the business model. It also provides the solutions for Lego’s continues competitive success and recommendations for the future based on what will sustain competitive advantage. Introduction: In 2003, the Lego group was about to bankrupt, as many of its innovative efforts like Clikits crafts sets which were introduced for girls, theme parks and Galidor, an action figure supported by the television show were all unprofitable and were failed outright. The Lego group had a loss of over 400 million dollars on its annual sales with just over 1 billion dollars. The Lego group was compelled to take a look at its every operations including overheads, costs, marketing, sales, margins and product offers. The company also sold off its non...
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...Communication Corporation Executive Summary: Adelphia Communications Corporation was founded in 1952 with a $300 license by John Rigas,-(Founder), Willaim T. Schleyer (Chairman and CEO), Ronald Cooper (President and COO) and Vanessa Wittman (EVP and CFO) in the town of Coudersport with its main headquarters at Greenwood Village, Colorado. The company is to Cable Television and Internet Services Provider with 275 employees. Their slogan says that “Get. Watch. Do What you want.” Adelphia backed $2.3 billion worth of personal loans to the Rigases. Rigas Management commingled Adelphia funds with family funds causing Adelphia to fund non-corporate projects, such as personal loans, real estate transactions (Purchase of Manhattan apartments for private use and Purchase of land for a private golf course), cash advances to the Buffalo Sabres, and $252 million to pay margin calls, or demands for cash payments on loans for which the family had put up Adelphia stock as collateral. The Rigases used Adelphia’s line of credit for personal purchases. The Rigases doctored financial records at Adelphia and created sham transactions and phony companies to inflate the firm's earnings and to conceal is mounting debts. Upon realizing the extent of funds taken, Tim Rigas “limited” the amount of Adelphia’s funds his father could take to $1000000/month. The Adelphia Communications scandal broke in 2002 when a footnote in a routine quarterly earnings statement revealed that the Rigas family had borrowed more...
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