Essay on One Day Laundry

1. Highly Skilled Managers The operation of the company will run smoothly. The performance of the company will improve and would lead the company to be successful.

the means to pay for it. In the movie, The mayor stops using the laundry service to protect his

The manager, Mr. Money, decided not to buy a machine. He still has 10 washers and 15 dryers. The manager estimates that on average Money Laundry receives 8 orders every hour. The manager also finds that on average there are 5 orders in the washing stage and 7 orders in the drying stage.

P1 – Explain the effects of changes in the economic environment on a selected business.

The firm was considering devoting a greater share of the production resources to the sports line. What do your results in part two imply about the product line’s continued success, and whether the firm should devote more resources to that line? You should consider and answer the following questions:

As with internal factors, there are several external factors that influence an organization. External factors can be defined as the interaction between the employee and its customer. The interaction between the employee and the customer influences that relationship that is built with the customer and the company. In developing the relationship with the customers, it is important to remain professional and courteous in all communications to the customer. The company’s image will also be dependent on the relationship that is established between the employee and the customer. The external factor, the audience, is important because

I would suggest the company should implement the strategy which enables greater operational efficiency, in doing so the company should implement the following strategy in order to improve its financial performance:

1. if you treat your employees like your customers then they will treat your outside customers right.

Laundry facilities on boats are rare and precious feature so we have used coin operated machines at the marinas we pull into. This marina offers free laundry. We all horde quarters to be able to do the laundry on those occasions when we pull into a marina and, at two or three dollars a load, costs add up. Many of us ICW travelers plan our journeys for a stop here so we can wash everything on the boat, all those items that don’t get washed often, get washed at

Long term, the corporation should effectively manage its employees and build a professional working environment where all employees respect each other and have equal opportunities to share their point of view.

A good example is a children?s clothing store. They must be able to understand what has made their competitors like Carter?s and

It is critical for an organization to identify both current and potential competitors within the industry. A full competitive analysis will allow the companies understand its competitors internally and externally. Our company TCI did a thorough competitive analysis in order to exploit our competitors and understand their strategy to gain a competitive advantage. This allowed our company to strategically maneuver throughout each quarter by predicting our competitor’s next move allowing us to establish a dominant position within the market. The concept of learning and understanding my competitors in the work place that I may pursue will be essential. I have to understand my competitors and potential competitors to strategically create a competitive

D1, Evaluate how managing resources and controlling budgets can improve the performance of a business. If a business manages its physical and technological resources well this would the performance of the business it will give Sainsbury the full benefits of the resources. If Sainsbury manages and controls its budgets effectively then it can improve the performance and success of the business. If a business manages to maximise it income and minimise it cost then it would improve the business profits level which would improve the business performance. If a business manages it cost and budgets properly by purchasing the right stock level which it needs and knows it would sell with a specific period of time then this means that the business would benefit by making substantial sales revenue from those stock as a result. Another benefit is that the business would

Relationships: From the perspective of human relationships, a business as a complex series of specific relationships that must be executed properly if a firm is to be successful. These relationships progress from ones between workers, to relationships between firms, to those between firms and customers. For relationships to be executed well they must be among moral and competent individuals with the knowledge and good character, names, if you will, to fulfill them correctly. For success, whether in personal or business life, is ultimately the result of competent people applying knowledge. Managers in various responsible positions must possess knowledge: knowledge of the customer; knowledge of the skills, competencies and innovations required to fulfill customers’ met and unmet needs; and the ability to apply appropriate knowledge effectively, which

The stability strategy implies maintenance of existing business processes, products and services, no deviation from the current effort level and that an organisation is content with their cumulative growth.