Bombay Sweets Essay

If the company we outsource with has some sort of issue with its equipment or is running behind schedule it will delay our orders and reflect poorly upon our company. If we choose not to do anything we will continue running at inefficient levels costing us more and more money as time goes on.

I. Executive Summary II. Situation Analysis o Market Summary  Target Market Demographics  Geographic  Demographics  Behavior Factors Market Needs Market Trends Market Growth o SWOT Analysis  Strengths  Weaknesses  Opportunities  Threats o Competition o Product Offering o Keys to Success o Critical Issues III. Marketing Strategy o Mission o Marketing Objectives o Financial Objectives o Target Markets o Positioning o Strategies o Marketing Mix o Marketing Research o Action Plan IV. Financials o o o V. Controls o o o VI. Summary Implementation Marketing Organization Contingency Planning Breakeven Analysis Sales Forecast Expense Forecast

1. Which of the three economic resources do you feel is the most important? Explain

Society has limited or scarce economic resources, meaning all natural, and manufactured resources that go into the production of goods and services. (McConnell, BRUE, & FLYNN, 2015, p. 11)

1. A resource is a substance in the environment that is useful to people, is economically and technologically feasible to access, and is socially acceptable to use.

I am sure we have all seen or heard about taffy. What I would think would come to mind to most people when I would say something regarding taffy might be something concerning saltwater taffy. I love saltwater taffy. It seems that it is not in great supply around here. The only place I know of is somewhere like the cracker barrel. Needless to say I never go to cracker barrel, and it is a little more than I feel comfortable spending on candy. So I find myself resorting to a childhood favorite, laffy taffy. It is sold everywhere, and it is very inexpensive. I really started to like it when I played baseball as a kid. After the game I would always try to pump mom or dad for a few cents to stock up. It never made it home. I would somehow eat my entire entire stockpile. Whoever came up with the idea of putting jokes inside the wrapper is a very rich man. I could not help but to try to unwrap one more. The way the jokes where printed on the wrapper was very smart too. They would put one joke half way on the wrapper so it made me want to know the end of the joke, genius really.

(Click Slide). Renewable resources are those that be replenished naturally and over a short period of time. Examples of these include wood and water. Non-renewable resources are those that are available in limited supply. Common non-renewable resources are crude oil and coal. If resources are over-consumed and not managed sustainably, they will be depleted.

Natural resources are materials or substances such as minerals, forests, water, and fertile land that occur in nature and can be used for economic gain, and Arkansas is rich with natural resources.

Natural resources can be found all over America from dirt to diamond all the resources found help build our nation. “The great California gold rush began on January 24, 1848, when James W. Marshall discovered a gold nugget in the American River.”(California

Resources - Inputs into a firm’s production process such as capital equipment, skill of individual employees, patents, finance, and talented managers

Michigan has an abundant supply of fresh water. However, an economist would consider it a scarce resource because

Resources are all the ingredients needed for production. The factors of production include land(natural resources, labor (workers for the production process) entrepreneur (business owners), and capital (technology and machinery/tools of production).

Founded in 2000, Cocoa Delights is one of the youngest gourmet chocolate manufacturers in the industry. However we do not view our youth as a weakness, on the contrary, our youth is associated with our two most valued attributes: creativity and innovation.

In case study we have to appointed the new marketing manager for “Cocoa Delight” a chain of gourmet chocolate stores in Melbourne. According to case study, I must complete a viability report for each of the marketing opportunities.

History has explained the fact that at one point in time, the earth's natural resources had no limit. Raw materials were plenty, because of the fact that there were plenty of natural resources to go around. Natural resources can be identified as the raw materials that comes from the earth and are useful. Natural resources can never be made by humans. Athough, these raw materials can be modified, or altered to benefit corporations and businesses. For example, natural resources are fossil fuels like petroleum, natural gas, and coal. Minerals like diamonds, gold, and copper are natural resources that come from the earth. Other resources are known as natural vegetation, like forests and timber. Animals are our earth's natural resources as well, like salmon, deer, whales, chickens, etc. The air we breathe, and the wind are all also natural resources. Water, like lakes, rivers and