Business Analysis : Business Operations Essay

The franchise marketing is introduced to the business market from quite a long time. It is to be noted that while expanding the business entity over the global competitive market, the local companies sell

Please note that this Assessment document has 8 pages and is made up of 7 Sections.

The first choice of business is the franchise. In a franchise, legal binding agreement is entered into between two firms, the franchisor (the product or service owner) and the franchisee (the firm to market the product or service in a particular location). The franchisee pays a certain sum of money for the right to market this product” (Rubin, 1978, p.224). The franchising is more prevalent in the restaurant industry (Hoffman & Preble, 2003). The two distinct features of this business type include; first, in order to notable service components should

Franchising is a business model that allows companies to rapidly expand their market share. According to Franchise.com (2015), there are three types of franchises: distributorships, trademark licensing, and business format franchises. When two organizations enter into a distributorship, the originating company provides the rights another company to sell their products. An example of a distributorship is when an auto manufacturing company grants rights to a dealership to sell their vehicles (Franchise.com, 2015). Trademark licensing is when one company allows another company to use their trademark (Franchise.com, 2015). The business format franchise authorizes franchisees to sell the parent company’s products and/or services as well as utilize their business model. This type of franchising is the most common and is the type needed to obtain to open a new Cold Stone Creamery.

Union representatives have a right to paid time to help employees, some of the areas where they can support employees are health and safety, workforce agreement, pensions, information and consultation representation.

The company that I have researched is called All Dolled Up Boutique. It is located in Somersworth, New Hampshire and is a brand new business. I’ve researched several aspects of this business since the inception and based on the following information have created a sample balance sheet for the company. The first item that was considered is how much revenue the business would create on a monthly basis. It was determined that a safe estimate would be approximately $6,000 a month just from services rendered. An additional $1,500 in shop rent revenue is collected from the Massage Therapist and Hair Stylist. Capital assets including the equipment and property within the salon are estimated at $10,500, with inventory at $5,000.

As a manager in the organization that is being acquired, I would give some Price Waterhouse advice to help with the transitional period of the company by building a guiding team. I feel it's fundamental to creating a successful change in any organization. Furthermore, the cohesion of the employees will be more effective overall. During the last two months of the company prior to the change, I would create a team of creditable employees consisting of managers and workers. The goal of this change management team would be to convey a message that is clear to avoid any confusion among the ranks of the employees. Furthermore, the team would help answer questions and give advice for employee's; that will be leaving the company in the near

WellPoint is considered one of the leading commercial health benefits companies in the United States. WellPoint is a health benefits company engaged in providing managed care and health insurance products. The company is an independent licensee of the Blue Cross Blue Shield Association (BCBSA). It is licensed conduct insurance operations in all 50 states of the US through its subsidiaries. WellPoint covers more than 34.8 million people and focus’s on improving the lives of the people and the health of its communities through its healthcare services. WellPoint offers a wide range of network-based managed care plans to the small and large employer, individual, Medicaid and senior markets. In addition, the company offers a

Overlap with class: Versioning systems especially GitHub have been covered in class and is used extensively in the class project.

3.) Strong presence in high margin health services business. In addition to UnitedHealth Group’s leadership position in the health benefits market segment, UnitedHealth Group has strong information and technology based health services platform through its business segments which is Ingenix, OptumHealth and PrescriptionSolutions. The “CNN MONEY” (2012) website states Ingenix is one of the largest health information, technology and consulting companies in the world. The UnitedHealth Group derived $2.3 billion of revenues from Ingenix which contributed $284 million (excluding $200 million in goodwill impairment and business line deposition charges) of operating profit, and an operating margin of 12.1% during FY2010.

Strategy management is the key to success in any organization. However, without the proper strategy and implementation, it is difficult for any business to survive regardless of the industry or the size of the company. The largest retail company in the world is Walmart. The success of Walmart is because of its sound strategic management decisions and it ability to implement its strategic decision. A major factor in the continued growth is the rapid growth strategy. The future for Walmart looks bright. Increasing profits and recognizing social and ethical responsibilities will provide Walmart with a comfortable

At my place of employment, the IT department sends out emails anytime numerous incoming spam emails are detected. When IT noticed the “invoice” emails coming in, an email was sent to all users with a warning not to open any attachments if they were not expected. Users were further instructed that if an attachment was opened in error, not to download macros even if prompted to. Unfortunately, there were a few people who did just that and subsequently infected their computers. When IT received an alert that a virus had been detected, they confiscate the computer, re-image it, and restore any files that are backed up. This would be the end of the issue until another virus was downloaded. Locky, unlike previous ransomware viruses, attacks more

Ideas for the capabilities and governance also came from the lectures, readings, and previous case work. Although the specifics are much different in that the standardization of equipment is not common between them, the cases all need better business-IT partnerships and oversight. Looking for what makes them similar and different gave a unique perspective to each case.

At first, when a brand chooses to enter a new market, most of the merchants would choose to open a single or minority shop to begin the business. However, it is difficult to bend into the market and give the customer a deep impression. But franchising solves the problem of it. When Subway recruits a batch of franchisees, it can help them begin the business in the meantime, so that it quickly forms the economies of scale and expansion. It is not only save the time, but also have a big impact on the market. Now, more and more people know the Subway and have a high identification though promotion. Secondly, franchising helps Subway achieve standardization. It requires central purchasing that it is effective to control the unity of products’ quality and price and save the cost of decision. What is more, it offers a standard training for the stuffs. At ordinary times, we all can see every Subway sell the same sandwiches, have same ads and same requirement of stuffs. In addition, franchising is help the Subway enter into Chinese market with minimal entry costs. Because the local franchisees will help assume many cost and responsibility for the Subway. Like the cost of decoration and the advertising. At last, franchising allows the focal firm to avoid trade barriers associated with exporting and FDI,

“A continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing and managing in return for a monetary consideration. Franchising is a form of business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers” (entrepreneur, 2015)