Small Business Enterprise

Mature company, has been around for more than 15 years, simple business structure – manufacturing and merchandising, heavily based on inventory sales, however it is highly prone to competition in this industry. The intensity of rivalry is very high in this industry.

For the company to ensures success in its operations there is need to cultivate customer loyalty and facilitate efficient supplies, differentiator linkage between operations and buyers must be put in place. This will be facilitated through some ways. To cater for customer needs the company will have to ensure it adopts a competitive pricing strategy against the existing competitors and new entrants in the market. The company has a lean pricing policy and to take advantage of its off- price apparel strategy. The customer’s loyalty has to be sustained through the low prices they enjoy

Weaknesses – These are internal qualities that hinder an entity or organization from accomplishing its mission and goals. Weaknesses include the poor quality standards that cause an organization not to perform optimally. Weaknesses might include obsolete machinery, high employee turnover, narrow product range or debts. Since they are internal in nature, weaknesses can be eliminated and minimized. For instance, in the business of baseball exercise, the main weaknesses identified include insufficient use of statistics to evaluate layer performance and poor management of baseball insiders. Both of these weaknesses could be eliminated or minimized. An analysis of weaknesses enabled organizations to identify problems or challenges that they can easily address.

Currently, the company is a global giant, in terms of its ability to move goods. Also, the company is highly visible and easily recognized. Over the years, it has become the world’s biggest package delivery company. However, it has also evolved to offer many other offerings and services. On a daily basis, the company operates and manages how goods and information are shipped throughout the world.

Customers are able to print their own shipping labels and schedule pickups at their own convenience. Moreover, they are able to promote their services through QR codes that were commonly scanned by customer’s mobile devices through magazines, mails, and posters. All deliveries can be tracked and even rescheduled for convenience. Customers can easily buy stamps and make payment through their mobile devices. All the informations on how to prepare a package for delivery and materials required for sending are all provided on their mobile sites so customers are able to do it themselves without having to go to the post office and waiting in long lines just to have their packages/mails sent.

Being a small business owner, the success of my business relies very heavily on my employees’ behavior as well as their performance. Since opening my business, it has been a struggle to keep the balance between loosey-goosey and overbearing manager. There must be a proper balance to ensure that the employees are performing where I need them to be but also encourage them to continue to grow with the company as well as, make our customers happy with our service to maintain long standing relationships. Along the way, I have learned that there does need to be a standard practiced by management to keep employees motivated and that their actions are in-line with the company’s values.

The Satchel Company’s leather products have a better effective brand. The Satchel brand competes with the other leather products in the UK market and the worldwide market. When evaluating, it might be seen that the market trend is based on the product differentiation. The company products are exclusive, therefore the customers who are willing to buy in this product. According to this scenario, the Satchel’s products are mostly consumed by the Hollywood models.

This case presents a company, known as Westminster and currently considered as one of the biggest manufacturer of health products. It consist of three separate companies, in which each of them manufactures their own and unique products, with a decentralized management that allows for an overall outside view of what is for best the future of this enterprise. Top managerial personnel is currently re-evaluating and assessing the company’s supply chain and how they could develop a strategies that would facilitate revamping such system.

Nationwide, many companies have reduced their overall promotion budgets as they face the need to cut expenses. However, most of these reductions have occurred in the budgets for mass media advertising (television, magazines, newspapers). While overall promotion budgets are shrinking, many companies are diverting a larger percentage of their budgets to sales promotion and specialty advertising. This trend is expected to continue as a weak, slow growth economy forces most companies to focus more on

4. What key factors determine the success of makers of fine handbags and leather accessories?

Every company has their own theory and goals behind what they overall want to see or become. This paper is written with intent to help better understand a real life situation that took place at Guitarras Dominquez. When a company first opens their doors for business, they use high end material to show the essence of quality in their product which will allow for growth in their customer base. Do you ever wonder how a company gets far in doing so? Intention from the start of a business does not include cutting corners and saving money, but eventually with budget cuts and business plans they tend to become necessary.

This 308-page book includes a table of contents, 74 references, an index of words to easily be able to locate specific topics, tables and graphs tracking changes in the marketing environment, and suggested further reading. The book discusses changes in marketing outlets and encourages managers to look at marketing in a new light. It also discusses how these changes have come about and what companies might do to apply this new approach to marketing within their organizations. This text is meant to inform. Unless one has a basic knowledge of marketing, the reading is difficult. The targeted audience is marketing managers looking to update a current marketing program. This book accomplishes its purpose of informing the reader of changes to the world of marketing and how to apply a new approach to a marketing program.

Organizational failures and bankruptcies have become a highly frequent sight of present generation. Organizational failures is most commonly referred to as financial losses or stagnation of financial performance of an organization, however, it is a more comprehensive concept. Not being able to attain organizational objectives – no matter whether they are financial objectives or non-financial – is organizational failures. Internal workings of the organizations have long been a subject of study for management theorists, for what else can be more useful study than study of

4. Sales tax also applies to the service of furnishing rooms by hotels, apartment hotels, lodging houses, tourist camps, or courts to transient guests who rent on less than a month-to-month basis. An additional two percent tourism tax applies to these lodging services as well as to the admission price to tourist attractions, watercraft rental, boat motors and related marine equipment, life jackets and cushions, water skis, and oars or paddles. A business making sales of tangible personal property from outside Arkansas by means of sales persons, solicitors, distributors, agents, or by taking orders for sales of the same must register under the Compensating Use Tax Law. If a business purchases items from outside of Arkansas for use, storage, distribution, or consumption within

Business need not to suffer from consequences of substandard goods. The goals of organization should remain vigilant to improve on the products they offer. It is common that many large organizations supply their clients with products that are not to the standard that they claim or advertise them to be having. This results in their clients having problems with these substandard good consequently forcing them to go to the homes and offices of the clients to try and fix the problems. The idea behind the large organization releasing into market products is to create something of great value and what satisfies the customers, however the organization has failed to do so. This has caused problems to organization and customers, making customers to solve the problem by themselves. Therefore, this paper evaluates these problems from economic, social responsibility and ethics perspective of view.