This is also impotant in tying to detemine whethe the studio will be able to sustain the initial costs until evenues will balance them) to extenal data such as maket shae, the total size of the maket, the size of the competitos, extenal foces impacting the maket, etc.
Some of this data can be dawn fom theoetical eseach, with much of the data being public and available fo anybody. Business diectoies, including Google's, will be a good place to stat the eseach fo the competitos, while the eseach on the maket can include diect contact with pofessional oganizations, which might be specialized on the matte and may have moe infomation on the way the maket is oganized. Diect contact with one o moe of the potential futue competitos can also be a good appoach to stat developing a netwok with some of the entities involved in the industy.
The sales benchmaking…...
mlareferences.
Finally, the project will also aim at developing a proper action plan mechanism that will put the results of the sales benchmarking process into good use. In this sense, the question is: once the data has been obtained and the results show something, what is the next step to be taken? The action plan will point out some of the potential next steps that can be taken and will determine the impact that these next steps are likely to have over the evolution of the business development process.
As mentioned, the area of research is sufficiently vast to permit a diverse research project, with implications over a longer period of the business development process.
Business Development
Learning how to go about selling to the U.S. government which is the largest buyer of goods and services in the world is a very daunting task. The federal government is expected to reserve a fair proportion of its purchases and contracts for services and property for small businesses. The government achieve s this through setting aside some parts of its procurement to small businesses. Small businesses that have the interest of pursing federal contracts have so many options that are available for representing their companies to potential clients, researching federal marketplace for the opportunities that are available and also understanding the competition they stand to face.
There are several federal business opportunities available for small business owners. These include HUB Zone, service-disabled, woman-owned, competitive, Small Business Subcontracting Program and veteran owned. The paper will look at a small line of business and determine the federal government procurement opportunity aligned…...
mlaReferences
GovernmentBids.com. (2011). Federal contract opportunities for your business. Retrieved October 11, 2013 from http://www.governmentbids.com/cgi/en/bidding.advice.articles/Article/federal-contract-opportunities-for-your-business
Day, M.S. (2007).Garden Delights. Retrieved October 11, 2013 from http://misbtdc.org/wp-content/uploads/2010/08/Garden-Delights.pdf
SBA.Gov. (2010). Contracting Resources for Small Businesses. Retrieved October 11, 2013 from http://www.sba.gov/content/federal-contracting-resources-small-businesses
For this reason, maintaining a current and accurate knowledge of all applicable circumstances, laws, and opportunities will be a top personal priority in my strategy for business development. Being able to provide reliable information in a manner that is both expedient and non-intrusive is key to building solid client relationships, and the more my clients feel that they are being treated with great personal attention, care, and competency the more readily they will recommend and/or introduce me to future clients, thus ensuring the continued viability and development of my client roster and Bernstein's client network. Providing clients with this feeling of personal attention and care through the non-intrusive yet expedient sharing and application of information can only be achieved if it stems from a genuine desire to treat each client in precisely this personal and attentive manner, of course, and the genuine quality and integrity of my client relationships will…...
Moreover, with Axxent about to be licensed for new treatments, we will have a better sense of the potential market among our existing customers.
With our different potential customer groups identified and classified, we can then define strategies to market to each. It is important that we tailor our marketing strategy to each unique group, since each type of customer will have different needs that we should address. Also, any time we have a customer that represents an opportunity to market multiple products, that creates the opportunity for sales efficiencies. This is where having an intimate knowledge of our competitors comes in. We can tailor our strategies to directly exploit their weaknesses.
We also will develop a plan for tracking our sales results. It is not only imperative that we know results for individual sales reps, but we should also be able to track by customer type, so we can better…...
However, in combination with other resources and capabilities, they can enable a firm to realize its full competitive advantage.
In conclusion, states Barney, sustained competitive advantage depends on the unique resources and capabilities that a firm brings to competition in its environment. Managers must look inside their firm for valuable, rare and costly-to-imitate resources, and then exploit these resources through their organization.
hat this means is that a company has to make the most of its talent -- the men and women who are committed to help the organization succeed. Too often, a firm forgets that these unique individuals can make or break the future of a company. In many cases an organization has people who are more bored or tired than empowered, more distrustful than energized. Even worse, in too many organizations, very little managerial focus is on the concerns of how to build employee capability and motivation. In so…...
mlaWhen companies started looking for answers and developed the SWOT approach for a sustainable advantage with external competition, some lost sight that that competency-based strategies are dependent on people: The bottom line: people are the essential strategic resource, and an organizations strategy must be built on a strong human resource foundation. As increasing numbers of companies recognize this important point, they will place more value in their employees and truly realize the potential they have within their organization.
Reference Barney, Jay B. Looking inside for competitive advantage
The Academy of Management Executive. (Nov 1995).9.4; pg. 49-62
During the established stage, the company has standard operating procedures, a regular customer base, and a reliable source of financing. Improvement and productivity is the goal, rather than just staying afloat. This is the life cycle phase of most 'mature' companies, such as Coca-Cola and Honda, for example. The business no longer has to struggle for either customers or credit.
At the expansion stage, a critical shift has occurred. In some ways, the business is 'back where it started' when it decides it needs to expand. Now it must regroup, and reconceive of its business model in a new and more ambitious fashion. Such was the case when the successful Internet search engine company Google first 'went public' and sold shares to the public. The company shifted from a highly successful enterprise to a dominating international behemoth soon afterwards.
In the final, sadder phases of business development, there is the 'decline' phase…...
mlaReferences
Zahorsky, Darrell. (2010). Find your business life cycle. Retrieved March 19, 2010 at http://sbinformation.about.com/cs/marketing/a/a040603.htm
Business Development in Serbia
Country eport (Serbia)
Accession of Serbia in the European Zone
Ever since the formal emergence of the European Union as a trading bloc across Europe a number of benefits are associated to the membership of the European Union. One of the core benefits that are associated to the membership of European Union is the flexibility and liberal trade policies across the bloc. The European Community that initiated as a trading alliance to safeguard the mutual interest among the five European Countries is now the paragon of trading alliance of about twenty seven European Countries. Many European countries are still a contestant and potential candidates to become a full fledge member of the European Union Zone or precisely the European Union. For example, Turkey has long been a potential candidate to become a full fledge member of the European Union, but the question of it becoming a full member is…...
mlaReferences
Bieber, F. 2003. The Serbian Opposition and Civil Society: Roots of the Delayed Transition in Serbia . International Journal of Politics, Culture, and Society, 73-90.
uki?, P. 2006. The organised world of labour in Serbia today:between economic reforms and populism. South-East Europe Review, 11 -- 30.
Dvorsky, S. 2004. Central Bank Independence in Southeastern Europe with a View to Future EU Accession. Central Bank Independence, 50-72.
Haughton, T. 2007. When Does the EU Make a Difference? Conditionality and the Accession Process in Central and Eastern Europe. Political Studies Review, 233 -- 246.
One such scope is to identify and benefit from new markets, such as nanotechnology or solar energy (Kulongoski, 2010). Many companies have become more and more aware of the fact that sustainability is not necessarily a new trend that will go away, but rather a new concept that more and more individuals are likely to embrace. With that in mind, companies look to sustainable business development as a way to diversify their markets and enter new ones, markets that are likely to become very profitable in the next period of time.
There is also the internal aspect of sustainable business development. A sustainable business development concept could be judged against the company's own resources and internal capacities. If it develops in a sustainable manner, it can mean that it is not overstretched, that it is using its resources in a way that is rational and that it has a long-term…...
mlaBibliography
1. Kulongoski, Ted. August 2010. Catching the next wave of business development. Portland Business Journal. On the Internet at Last retrieved on January 15, 2012http://www.sustainablebusinessoregon.com/columns/2010/08/catching_the_next_wave_of_business_development.html .
2. Stigson, Bjorn. 2000. Sustainable Development and Business. OECD Observer. On the Internet at Last retrieved on January 15, 2012http://www.oecdobserver.org/news/fullstory.php/aid/334/Sustainable_development_and_business.html .
3. Sustainable Marketing Development. On the Internet at www.savantcreativegroup.com. Last retrieved on January 15, 2012
These seem as basic criteria to start from, but things become more complicated when this is analyzed over a longer period of time. Some of the positive effects of sustainable business development are not immediately translated into quantifiable elements. A program that the business might launch in the community could have perceivable benefits in the not so near future or not at all, if factors do not come into play.
On the other hand, some of the companies can exercise a proactive approach by using risk identification and assessment factor methodologies that would be able to reveal for the decision factors in the organization the societal impact of the business development and whether this is socially sustainable or not. The risk identification and assessment factor process would include a clear analysis of the community in which the business is present, of its main activities and areas of development and of…...
mlaBibliography
1. Dillard, Jesse, Dujon, Veronica, King, Mary. 2008. Understanding the Social Dimension of Sustainability. Routledge 2. Geibler, Justus. 2006. Accounting for the social dimension of sustainability: experiences from the biotechnology industry. John Wiley & Sons, Ltd. And ERP Environment
3. Anand, S. And Sen, a.K. 1996. Sustainable human development: concepts and priorities. Office of Development Studies Discussion Paper, No. 1, UNDP, New York
The complaints centralized in the documentary reveal high degrees of discontent at the level of stakeholders both within the firm, as well as outside it. Within the company for instance, the employees pin point to a wide array of uncompetitive and demotivating practices. Within the external environment, complaints are forwarded by customers, local farmers and various other members of the communities in which the firm operates.
All in all, it becomes obvious that the business model implemented by Wal-Mart is not a sustainable one in the long-term future. The company is still registering success as it implements the low price strategy, which appeals to people especially in the context of the internationalized economic crisis. Still, such an approach to business is not sustainable within the long-term.
In order to ensure its long-term success however, it is necessary for Wal-Mart to address each and every aspect of the complaints forwarded by the various…...
mlaReferences:
Greenwald, R., 2005, Wal-Mart: the high cost of low price, Documentary
Rainey, D.L., 2006, Sustainable business development: inventing the future through strategy, innovation and leadership, Cambridge University Press
2012, 2011 financial review, Website of the Wal-Mart Stores, last accessed on January 18, 2012http://walmartstores.com/sites/annualreport/2011/financials.aspx
Total quality management, American Society for Quality, last accessed on January 18, 2012http://asq.org/learn-about-quality/total-quality-management/overview/overview.html
Company Background and Purpose
The purpose of this business is to not only promote but also to preserve the safety as well as the security of all the areas in Howell. The Howell Neighborhood Watch Group will enlist the services of the New Jersey police department to for a group that will be hands-on and get not only the residents but also the businesses to become more participative in the prevention of crime, dissuading illegal behavior on the streets of Howell. The watch group will act as a fitting manner in which the residents of Howell will get to know one another in addition to taking an interest in the safety and welfare of each other.
Short and Long Term Objectives
Howell Neighborhood Watch Group has both short-term and long-term objectives. The short-term objectives of the neighborhood watch group consist of the following:
1. Provide safety and security for the well-being of the residents…...
mlaReferences
Howell Planning Commission. (2015). City of Howell Master Plan. Retrieved from: cityofhowell.orgIncorporate.com. (2017). What Is an LLC (Limited Liability Company)? Retrieved from: Lamb, C. W., Hair, J. F., & McDaniel, C. (2011). Essentials of marketing. Cengage Learning.Meeb. (2012). Liability risks of neighborhood watch groups may outweigh benefits for condominium associations. Retrieved from: https://meeb.com/uncategorized/liability-risks-of-neighborhood-watch-groups-may-outweigh-benefits-for-condominium-associations/ Montgomery County Sheriff Office. (2017). Neighborhood Watch. Retrieved from: http://www.mctxsheriff.org https://www.incorporate.com/limited_liability_company.html
Strategic Management in Business Development
The term "strategic planning" is generally used in the narrow sense, namely the application of management tools to address areas such as, profitability, efficiency, growth and competitive advantage. Ultimately, to address concerns of stakeholders for increase shareholder value and long-term competitiveness.
Business development is at the heart of strategic thinking and needs imagination and innovation. It should be proactive and anticipatory. It involves the creation of a unique configuration of the company's key features, which will match the challenges of its environment and provides strategic advantage. There are two distinct phases:
The option generation phase, where creativity must be allowed to flourish and diverse ideas emerge.
The option selection phase, where the options are narrowed down through a systematic filtering process.
The process is often iterative with multiple cycles occurring through the two phases.
In the first phase the strategic management team works with the company's management team, engaging in the…...
mlaWorks Cited
Aguilar, F. (1967). Scanning the business environment. New York: Macmillan.
Brown, A., & Weiner, E. (1985). Super managing: How to harness change for personal and organizational success. New York: Mentor.
Brown, L.R., Slavin, C., & Postel, S. (1991). Saving the planet: How to shape an environmentally sustainable global economy. New York W.W. Norton and Co.
Coates, J.F., Inc. (1985, July). Issues identification and management: The state of the art of methods and techniques. Research project 2345-28. Palo Alto, CA: Electric Power Research Group.
"A particular strength of secondary data is the objectivity. The data are written by experts in various fields." (McQuarrie, 2005, P 61).
"The relatively low expense in comparison to primary research is also the main advantage of this research as no new research needs to be commissioned. However, its main disadvantage is that the data used in the analysis may be out-dated and therefore return inaccurate results. Furthermore, previous studies may not have targeted the exact issue that the current research requires." (DJS esearch, 2011, P 1).
Despite the disadvantages identified in the secondary data, the author makes use of secondary research as a method of data collection. To collect data, the author employs several techniques. First, the research searches several electronic databases for secondary data. The paper searches the electronic database such as Emerald database, Sage database, Social Science esearch journal database, and the database of science direct. The database…...
mlaReferences
Bureau of European and Eurasian Affairs, (2011). Background Note: Malta, U.S. Department
of State.
DJS Research (2011). What is Secondary Research? DJS Research Ltd.
Economic Freedom, (2011). Ten Economic Freedom of Malta, 2011 Index of Economic
Business Plan for a Financial Divorce Software
Business Plan Divorce Software
Business Plan relating to the Sales of a new Financial Divorce Software.
Business Plan relating to the Sales of a new Financial Divorce Software
F
F1
F2
F3
G1
G1(a)
G1(b)
G1(c)
Business Identification
Keys to Success
Company Summary
Industry History
Legal Form of Ownership
Location and Facilities
Management Structure
Products and Service
Market Analysis
Target Market
Industry Analysis
Competitive Analysis
Market Strategy
Ps of Marketing
Price List
Selling Strategy
Sales Forecast
Implementation Strategy
Overall Strategy
Implementation
Control Plan
Financial Statements and Projections
evenue and Cost Estimate
Forecasted Profit and Loss Statement
Forecasted Balance Sheet
Financial Assumptions
Breakeven Point
Financial Position
Capital/Investment Needs
Conclusion
eferences
Executive Summary
Financial planning is involved in every aspect of life. Individuals and businesses have to formulate their daily, monthly, and yearly budgets in order to achieve a balance between their incomes and expenditures. Among other matters, divorce is also a critical issue in individuals' lives. In addition to family conflicts and break-ups, divorce also brings serious financial problems for both the parties (Women Advisors Forum, 2011). Therefore, it is very important to have advice from financial planners…...
mlaReferences
Association of Divorce Financial Planners, (2012). Divorce Financial Planning. Retrieved on July 7th, 2012, from
Blythe, J. & Megicks, P. (2010). Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall
Cadle, J., Paul, D., & Yeates, D. (2010). Business Analysis, 2nd Edition. Swindon: British Informatics Society
Francis, P. (2010). Creating the Marketing Executive of the Future Using Key Deming Principles, Journal of Executive Education, 9 (1): 127-138
In certain situations the landed cost can also include customs duties, and other taxes that apply to the shipment in case.
Shipping and insurance -- 7.5% of the product's cost.
Packaging -- 5% of the product's cost.
Profits -- 20% of the product's cost.
Organic bread landed cost - $15+7.5%+5%+20% = $19.2
Organic fruits landed cost - $17 +7.5%+5%+20% = $21.76
Organic vegetables landed cost - $16 +7.5%+5%+20% = $20.48
Organic desserts landed cost - $32 +7.5%+5%+20% = $40.96
Organic cheese landed cost - $45 +7.5%+5%+20% = $57.6
Organic wine landed cost - $46 +7.5%+5%+20% = $58.88
The landed cost is established in accordance with the profits requirements of the company. The company must also identify the profits that distributors in Germany are interested in. This is intended to help Naturally Green develop a pricing strategy that can satisfy the company, its distributors, and its customers. It is important to also develop the pricing strategy in accordance with productivity.
eference…...
mlaReference list:
1. Industry Statistics and Projected Growth (2012). Organic Trade Association. Retrieved November 21, 2012 from http://www.ota.com/organic/mt/business.html .
2. Germany (2012). CIA, the World Factbook. Retrieved November 22, 2012 from https://www.cia.gov/library/publications/the-world-factbook/geos/gm.html .
3. Landed Cost (2012). Business Dictionary. Retrieved November 22, 2012 from http://www.businessdictionary.com/definition/landed-cost.html .
Reconciliation with Indigenous Peoples in Canada: A Path Forward
Reconciliation with Indigenous peoples is a complex and ongoing process that requires a multifaceted approach from the Canadian government. To achieve meaningful reconciliation, the government must address historical wrongs, acknowledge present-day inequities, and work in partnership with Indigenous communities to build a more equitable and inclusive society.
Addressing Historical Wrongs
Truth and Reconciliation: Establish an independent commission to document and expose the history of residential schools and other colonial policies that have caused systemic harm to Indigenous peoples. This process should involve Indigenous survivors and community members, and result in a public record....
The potential impact of new legislation on society as a whole can vary greatly depending on the specific nature of the legislation in question. Some potential impacts could include:
1. Social equality: Certain legislation may aim to promote greater social equality by addressing issues such as discrimination, access to resources, or economic disparities. This could result in a more just and equitable society for all members.
2. Economic growth: Legislation that promotes business development, investment, or innovation can have a positive impact on society by creating jobs, stimulating economic activity, and improving standards of living for individuals.
3. Public health and safety: Legislation....
Academic and social practices can play a crucial role in uplifting a community by:
1. Promoting education: Academic practices such as providing access to quality education and promoting lifelong learning can empower community members with knowledge and skills to improve their lives and contribute to society.
2. Fostering social cohesion: Social practices such as community events, volunteering, and networking can build strong relationships among community members, creating a support system that fosters resilience and unity.
3. Encouraging civic engagement: Academic and social practices can encourage community members to participate in local governance, advocacy, and grassroots initiatives that address social issues and create positive....
The Profound Impact of Settler Colonialism on Indigenous IdentitySettler colonialism, a system of political, economic, and social control exerted by non-Indigenous settlers over Indigenous lands and peoples, has profoundly shaped Indigenous identity. This process has entailed the imposition of dominant cultural norms, the suppression of Indigenous languages and traditions, and the disruption of traditional ways of life.Assimilation and Cultural ErosionOne of the primary objectives of settler colonialism was the assimilation of Indigenous peoples into the dominant society. Colonial policies, such as boarding schools and forced relocation, aimed to strip Indigenous children of their cultural heritage and instill in them the....
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