Business Proposal
Timothy Anderson
ECO 561
Daniel Rowe
July 16, 2012
Business Proposal A current issue with home health care and senior citizens is the need for medicine and food. In the current state of the economy with the rise and gas prices and the need of people to still commute, people have to figure out ways to get to and from pharmacies and grocery stores. In the economy two markets that will not fail in recession are discount retail food and medicine because people need both to survive (Viswanathan, 2009). According to AAA (2012), the national average for gas is currently $3.39 per gallon. The cost of gas coupled with the cost of prescriptions and groceries create a huge issue in elderly, disabled, and unfortunate
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People are less apt to purchase things unless they are a requirement. The pricing to non-pricing strategies will have about at 75/25% ratio. Considering the company will be a monopoly, and there is no immediate competition, non-pricing strategies are not as important. The company does not have to offer extensive warranties and long hours because it offers a service. The company will use promotional pricing, price cuts, and deals to customers to enhance the customer base. Advertising will be the major type of non-price strategy the company will use to promote visibility in the market. The company will use penetration pricing and bundle pricing in the beginning to ensure that customers understand the initial need for the service. Once the consumer understands the value, the company will raise price to attain the profit-maximizing goal.
Planning and Operating Decisions A major decision the company must include in planning is budgeting and labor controls. Implementing the proper budgets for labor, costs, depreciation, and sales will help create success. Another strategy for progress in the expansion stage of the business cycle will be choosing the right type and number of employees. The management team will also have to crunch numbers to understand the appropriate number of vehicles and equipment to fulfill max profit numbers. The current state of the economy is allowing
As a Professional Tennis Coach I want my students to be the best they can be in tennis, i use that mentality to try their hardest in everything they do. I also want to create future tennis pro’s, by training them everyday they can develop their game to get at least a college scholarship.
Our elderly population is living longer than ever before and not all of them are entering into a nursing home. They are choosing to stay in their own home or their caregiver is choosing it for them. Some caregivers are choosing to move their ageing love one in the home with them. Whatever the case may be, there is an increased need for some type of home health as it applies to the elderly population. “Medicare will pay the full cost of professional help only if the physician
As a long-time Nutritional Coordinator of the Morgiana high school, I would like to propose to the Director of food services of our school that a formal analytical report be prepared in order to serve healthier school lunches in our school cafeteria. Over the past several years, I have observed that our school lunch program serves lunches that, for the most part, consist of fatty and sugary foods that supply little more than empty calories to our students. We need to change our school menu so that our students can learn and perform better, both academically and athletically.
The United States health care system relies heavily on private health insurance, which is the main source of coverage for most Americans. According to the Center of Disease Control, approximately 58% of Americans have private health insurance. The primary public programs are Medicare, a federal social insurance program for seniors and certain disabled individuals and Medicaid, also referred to as Medical. These two are funded jointly by the federal government and states but managed at the state level, which covers certain very low income children and their families. Health advocacy companies initiated to become visible to assist patients muddle through the complexities of the healthcare system (Wikipedia, 2014). In 2010 President Obama
Running head: BUSINESS PROBLEM PROPOSAL Business Problem Proposal University of Phoenix Business Problem Proposal Wal-Mart is a worldwide retail company. In 2008, Wal-Mart operated 971 discount stores, 2,447 super centers, 132 neighborhood markets, and 591 Sam’s Clubs in the United States (MarketLine, 2008). The company is headquartered in Bentonville, Arkansas and employs about 2.1 million people worldwide. The business problem to be illustrated is the high employee turnover that Wal-Mart experiences. A look into why employee retention is so high and the associated costs of this high turnover will be explored. Illustrations will show Wal-Mart’s problem of high turnover in statistical terms and list a set of recommendations to reduce
I am proposing for a library to be put into the Exton campus of Delaware County Community College. There is currently not a library at this location. In order to have the use of a campus library we must go to the main campus of the
An effective business strategy and budgeting is very essential in a manufacturing industry. A company without a proper business strategy and master budgeting plan would usually faces tremendous challenges and losses during its business operations. The importance of company’s business strategies and budgeting plans, as well as the challenges and losses in the absence of these items has clearly presented in this case study. (“Wiley,” 2013)
In this paper, we will discuss the four market structures of Monopoly, Oligopoly, Monopolistic Competition and Pure Competition. We have identified four companies that operate in each of these market structures: Salt River Project, The Coca Cola Company, Russ 's Market, and Columbia House. In each market structure we will describe the pricing and non-pricing strategies of the companies operating in that market. We will also examine Quasar, a notebook computer company. They entered the market with a new product and we will explain the progress from one market segment to the next as the lifecycle of the product changes and the number of
Private Security of Northern California Verified Alarm Response Team serves the counties of El Dorado, San Joaquin and Yolo with the promise to match any licensed competitors for the same services. They offer Alarm response, patrol, security officers that are armed or unarmed and off duty police officers.
Background: The Idea came from Taylor Crank, on the basis that what parent wants to wonder on a daily basis whether their kid is going to make it home walking or riding the bus? This is where a tracking device would come in handy. A device that would attach to your child (i.e. watch, necklace, headband, etc.) and track them if by some chance they didn’t make it home – or – if they were simply out of sight. By the click of a button, with this device attached to their home phone, would connect with the police.
FAN UP Market Analysis and Sales Projections FAN UP is positioned within the Smartphone Applications Industry. Mobile devices with remote internet capability, smart phones, have created an entirely new market of users that can be reached on the go. Due to the recent nature of Smartphone technology, we are witnessing rapid growth and innovation in the smart phone applications industry.
or save to your disk and use as an example in developing your own business plan.
Marginal Cost and Revenues well defined and the dynamics of pricing are initially defined well; the assumptions regarding elasticity are consistently applied, yet greater depth into variation of supply chain costs is needed to ensure a more complete view of elasticity and its variation over time.
So, if writing a business plan won’t increase your chances of attracting money, what will?
Ensuring a better tomorrow that is Bit- Protect slogan it simple but powerful everyone should rest easy at night knowing that financial, or personal life is in great hands. With having a company that will protect hundreds of thousands maybe even millions the cost of affording my protection plans will be gear toward affordability than profit that I could potentially make. My company plans will come in three major packages, and each package will come with spam protection, daily viral scanning for illegal transactions or activities. Also, I will have in place the most detailed firewall protocol that will be built to not only detect dangerous data but also destroy them as well. It’s a tall order because most firewalls program today only