Review the federal agencies list (it's in the module after this assignment) and find an agency or department applicable to your new business. How could this agency impact your business? Find out as much about the agency as you can. Tell the group about it. I am in a group with Brenda, Courtney, and Maddy and our business that we chose is the pet grooming/ daycare business called Claws & Paws. While looking through the federal agencies list, I had a hard time trying to decide and agency or department that is applicable to the Claws & Paws business. However, the Food and Drug Administration is responsible for regulating most animal health products. A grooming aid is commonly used to refer to animal cosmetic. According to the website, the …show more content…
The agency could impact the business if we were stating facts about our company that are not true. Or if we were telling a customer all the things we did to groom the animal but we only did a couple of the things listed. Our products and services require us to provide realistic and factual data, but the we can’t guarantee variables impacting the results because they are uncontrollable. The company needs to abide by the guidelines and requirements of the Federal Trade Commission. I hope I understood the assignment right. The group and I already discussed some of the possibilities of what agencies/departments could impact our business. I was trying to find something regarding animal welfare; however, the only thing I came up with was Animal and Plant Inspection Services. This agency is concerned with breeding (importing or exporting) of animals. Though, we don’t sell any animals we just take care of them. I found it interesting that I couldn’t find any animal welfare agencies that are interested of the well-being of the animals because there are animal abuse laws and PETA. Thank you for letting me make this
1. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. You might choose a pet store, a restaurant, a tutoring business, or something else. This can be the same type of company you chose in assignment 8 or 9, or it can be different.
My business is Jenova VII it is a bookstore and we are going to be a part of the community and help it out by teaching kids how to read and since not many young people like to read nowadays we are also going to show them the joy in reading because knowledge is a powerful tool.
1. Choose an example of a type of new company you could start, and then use this company idea to answer the questions below. You might choose a pet store, a restaurant, a tutoring business, or something else. This can be the same type of company you chose in assignment 8 or 9, or it can be different.
Helen’s is an upmarket fashion boutique store in Sydney’s east. Falling sales have been reflected by surveys that reveal consumers view the business as outdated and no longer relevant to consumers’ needs. Strong competition in the area has placed considerable pressure on pricing. The business’s target market, 50-65 year old females, no longer dominated the now younger demographic character of the area.
Units that are business connections must execute and perform according to written business connections agreements that is essentially required to maintain the privacy. Thus, when companies assures consumers they will safeguard their personal information, the Federal Trade Commission can and does take law enforcement action to make sure that companies live up these promises (Bird et al, 2010).
The Federal Trade Commission (FTC) was created in 1914 primarily as a way for the government to “trust bust” or apply regulations ensuring a free marketplace for U.S. consumers and business enterprises. In this regard, the FTC enforces antitrust viola- tions that could hamper consumer interests, as well as federal consumer protection laws against fraud, deception, and unfair business practices. The commission’s primary enforcement mechanism is the Bureau of Consumer Protection, which is divided into seven divisions: (1) enforcement, (2) advertising practices, (3) financial practices, (4) marketing practices, (5) planning and information, (6) consumer and business educa- tion programs, and (7) privacy and identity protection.21 As the federal
Caterpillar’s main industry of machinery has many barriers to entry which makes it difficult for new organisations to enter the market. It is a mature and highly competitive industry with few dominant competitors who have cemented their position over the decades. Furthermore, these corporations have sustained a competitive advantage over any new entrant that tries to enter into the industry.
Linking to my selected public business RSPCA, they aims is to stop cruelty and promote kindness to all ease suffering of all wildlife. Another aim is to improve the welfare of pets by every pet is favoured and has a loving family to take care of each pet. Furthermore, another aim for RSPCA is to raise values for animals worldwide and to develop animal welfare law and ensure it is applied.
Describe what the group’s purpose is. Was the stated purpose clear (written and/or verbally stated) and was that consistent with the experience you had? Was there a focus topic during your group? If so, what was that topic?
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.
The small business that I visited was called GG Hair Braiding. This shop is new to the neighborhood and very close to my home so I was very interested in giving them a chance to earn my business.
Before we can talk about the Strategy Hudson Bay uses we must first answer the the question of what a Corporate and Business Strategy is and how The Bay inaugurates this into their company;
Introduction: I remembered how throughout my life I respected and admired people that tried to help animals in need. I remembered how I felt when I saw first-hand the result of abuse. I remembered how I wanted to help those poor animals that were being treated so cruelly. And for all that I remembered, I decided that the Animal Welfare Institute (AWI) was the interest group I felt strongly for and chose to research.
This would be my job in addition to the finances we had to gather in order to start up the business properly and efficiently. I have come to notice that many teens here in Napa require assistance in their academic studies. This would not only go for Napa but within discussions in our group we had found out that many students all around require more help than what was generally thought of. We had to find out a way to reach out to these teens so that they may know where to go to find help, to find us.
The tasks that I need to complete are, explain the ownership of my chosen business and the advantages and disadvantages to this, the objectives the business sets for it self, how it meets these objectives and is it successful in meeting these. Look at the departments within the business and the functional areas within each of these departments. Look at the different