Electronic Business Plan
eBusiness Plan
Electronic Business Plan Introduction
What follows in this report is an elaborate and specific business plan for Acme Online Services. The goal of Acme Online Services (AOS) will be to provide a plethora of personal assisting and concierge services that are typically only available in brick and mortar-based stores. Acme Online Services will serve as a personal assistant to provide users a series of services for both personal and business applications that involve the arrangement of real-world personal services such as maid service, car detailing, home nursing care and just about anything else that a person might need. ather than a regular consumer needing to call all the separate vendors they need for home services and repair themselves, Acme does all of the legwork for them including meeting the service people called at the home and arranging all of the meetings in the first place. This frees up…...
Strategic ecommendations for Walmart.com to be ahead of Amazon.com
Walmart is a U.S. multinational retail company operating a chain of hypermarket, grocery stores, and discounted stores. The company operates under different brands using Walmart for the United States and Canadian brand, Best Price in India, ASDA in the UK, and Seiyu in Japan. By June 2016, Walmart is the largest retail store by revenue with revenue of $482.1 billion and net income of $15.08 billion. Despite the success of Walmart over the years, the company has still recorded poor performances in e-commerce compared to Amazon.com. While Walmart has launched the online business more than 15 years ago, the company is still struggling in the online business. The revenue realized from the online sales is still insignificant compared with the revenue realized from the in- stores.
Objective of this paper is to provide the recommendations for Walmart Executive to improve their performances in…...
mlaReference
McIntyre, D.A. (2016). Walmart Online Sales Remain Tiny Fraction of Revenue. Wall Street Journal.
Michael, A. Hitt, R. Duane, I. et al. (2016). Strategic Management: Concepts: Competitiveness and Globalization. Cengage Learning.
According to an article entitled "Three Vulnerability Assessment Tools Put to the Test"
Vulnerability assessment systems scan operating systems and applications for potential problems, such as the use of default passwords or configurations and open ports. This can give administrators a head start in fixing problems and will, hopefully, let IT organizations more effectively beat bad guys to the punch."
The above factors are only true when vulnerability systems find all the problems that may be present in an application.
Research has often demonstrated a gap between the best vulnerability assessment tools and the weaknesses in a test network. However IT employees who are responsible for securing IT assets will find the use of a vulnerability assessment tool beneficial even if all it does is eliminate some of the monotonous work they are confronted with.
When vulnerability assessment tools were first made available, scanning was the primary method utilized. However, today there are…...
mlaJames M. Snyder. Online Auction Fraud: Are the Auction Houses Doing All They Should or Could to Stop Online Fraud. Federal Communications Law Journal. Volume: 52. Issue: 2. 2000. Page Number: 453.
20 EBay Security and Resolution Center. http://pages.ebay.com/securitycenter/stop_spoof_websites.html08/16/03
Identifying Phishing or Spoofed E-mails. http://www.amazon.com/gp/help/customer/display.html?ie=UTF8&nodeId=15835501
Internet Marketing PlanIntroductionThis plan is for a small business called ChronoPosters. ChronoPosters is a company that specializes in creating and selling a series of finely-detailed history posters, depicting the history of the Western world. These posters are designed to be educational and visually appealing. They target a diverse market that includes educators, history buffs, students, and those interested in interior decoration.The success of a small business like ChronoPosters depends on its online marketing strategy (Parkin, 2016). This Internet marketing plan outlines the strategic approach ChronoPosters will adopt to establish and expand its online presence. From the business model and legal considerations to aspects of online retail, content creation, and embracing the latest in social, mobile, and local e-commerce trends, this plan will be useful in supporting the growth of the companys online business.Business & evenue ModelProduct LineThe product range is extensive and includes high-quality posters that focus on different historical…...
mlaReferencesKang, J., & Hustvedt, G. (2014). Building trust between consumers and corporations: The role of consumer perceptions of transparency and social responsibility. Journal of business ethics, 125, 253-265.Kreutzer, T. (2014). Open content: A practical guide to using Creative Commons licences. German Commission for UNESCO.Laing, K., & Webb, H. (2017). Engaging with Social Media (Vol. 2). Facet Publishing.Parkin, G. (2016). Digital marketing: Strategies for online success. Fox Chapel Publishing.Pauwels, K., & Weiss, A. (2008). Moving from free to fee: How online firms market to change their business model successfully. Journal of Marketing, 72(3), 14-31.
Once the customer has purchased a piece of information, has paid for it, has received it, and obviously viewed it, he cannot claim a refund, in case the information provided by the site did not satisfy the customer in any way. If the site cannot provide certain information due to certain facts that was required by the customer, the site will notify the customer that his request cannot be fulfilled and therefore, there will be no payment.
This issue is related to another, dissatisfaction regarded the provided services. As mentioned above, there may be situation when DontDateCreeps.com will not be able to fulfill certain requests. This could only happen because of the lack of information in the respective case. Therefore, it is only fair that the customer has to be informed that the requested information is not available. If the site cannot offer complete information requested by the customer, the…...
mlaWorks Cited
1. Bowman, Robert (2000). B2B Commerce Flocks to Electronic Trading Exchanges. Supply Chain Brain Magazine online. Global Logistics & Supply Chain Strategies. Retrieved July 26, 2008 at http://www.supplychainbrain.com/archives/3.00.trading.htm?adcode=10 .
2. How Internet Marketing Affects Dating Sites (2008). Webmaster Journal. Retrieved July 26, 2007 at http://www.webmasterjournal.com/2008/02/03/how-internet-marketing-affects-dating-sites/.
3. Walters, Lawrence (2004). Legal Checklist for Operating an Online Dating Site. Lawrence G. Walters. Retrieved July 26, 2008 at http://www.onlinedatinglaw.com/checklist.htm .
Business Plan
Description of the Business
The business is a gourmet candy shop. The shop will sell gourmet candy that has been sourced from all over the world. The shop will operate with one storefront location, and there will be an Internet/mail order component as well.
The rationale for the business is simply. There is a growing trend towards hedonistic approaches to dining. We have seen in the past few years the rise of the bacon fetish, high end craft beer and coffee, cupcakes, the move of fine dining to the mass market and a full embrace by Americans of better quality indulgent goods. Much of this trend can be credited to the aging of the population, as people seek to maximize pleasure. They have the financial means to treat themselves, and seek to balance this hedonism with a desire to be healthy. The intersection of these ideals is where indulgences are small,…...
mlaReferences
Bailey, E. (2013). Pros and cons of incorporation. Suite101.com. Retrieved November 14, 2013 from http://suite101.com/a/pros-and-cons-of-incorporation-a42401
FASB. (2013). International convergence of accounting standards. Financial Accounting Standards Board. Retrieved November 14, 2013 from http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1176156245663
IRS.gov. (2013). Publication 946. Internal Revenue Service. Retrieved November 14, 2013 from http://www.irs.gov/publications/p946/ar02.html#en_US_2012_publink1000270861
NCA. (2013). Profile of the U.S. candy industry. National Confectioners' Association. Retrieved November 14, 2013 from http://www.candyusa.com/content.cfm?ItemNumber=1607
Business Plan
The business that I am going to start is a small coffee microroastery and shop. The company will perform two basic functions. The first is a product function, the roasting of coffee beans. Green beans will be received by the company, roasted, and then both used in the shop and made available for a variety of retail channels. The second function will be a service function, based on the production and serving of beverages and light snacks. The staffing plan will be simple. The owner/manager/roaster will perform most of the management tasks associated with the shop. There will be an assistant manager who doubles with barista duties, as well as 4-6 part-time staff members, filling 3 FTEs in the barista/service function. This plan is based on experiences at other, similar operations, in addition to meeting a few other needs. One is the need to keep costs down, and the…...
mlaWorks Cited:
Inc. (2000). Cash vs. accrual accounting. Inc. Magazine. Retrieved November 13, 2012 from http://www.inc.com/articles/2000/04/19194.html
IRS.gov (2012). Limited liability company (LLC). Internal Revenue Service. Retrieved November 13, 2012 from http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Limited-Liability-Company-%28LLC%29
KPMG. (1999). Internal control: A practical guide. KPMG. Retrieved November 13, 2012 from www.ecgi.org/codes/documents/kpmg_internal_control_practical_guide.pdf
Perez, W. (2012). Types of business organization. About.com. Retrieved November 13, 2012 from http://taxes.about.com/od/taxplanning/a/incorporating_2.htm
Having this traditional silo-structured environment makes it very difficult to properly develop a curriculum surrounding service management. Because of this there is a significant gap that exists between the education received by business school graduates and the skills that they need to succeed in today's service heavy environment.
Non-traditional Business Skills and Tactics
Nontraditional business skills are often referred to as soft skills or people skills. These consist of the ability to communicate and understand people on an emotional level. These are often the skills that can determine the success or failure of a career (Thilmany, 2009). The skills are all related to human interaction. This includes most forms of communication, negotiation and leadership. Soft skills can be distinguished by different types such as informative, negotiating, listening, and communicative. Informative soft skills are those that send a message that has to be conveyed accurately. Negotiating or convincing soft skills is the…...
mlaReferences
21 Business Skills Needed to Succeed. (2009). Retrieved September 22, 2009, from New
Horizons Web site: http://www.nhmn.com/COMMUNITIES/softskills/news/08-03-
19/21_Business_Skills_Needed_To_Succeed.aspx
Davis, M.M. And Berdrow, I. (2008). Service science: Catalyst for change in business school curricula. IBM Systems Journal, 47(1), 29-39.
online consumer reviews from the consumer's perspective.
Online consumer reviews are often the first way that a consumer will learn about a new product or service. The pros of online consumer reviews include receiving potentially unbiased information about a product or service. The cons of online consumer reviews include their increasing lack of credibility as more companies are resorting to tactics like paying bloggers for positive product reviews, paying writers to write positive Amazon reviews, and the inability to genuinely decipher the difference between a trustworthy and untrustworthy review. Paid or compensated reviewers are becoming increasingly savvy in their presentation of material. By inserting a few objective or even critical comments amid a sea of positive information about the brand or specific product, the paid reviewer engenders trust and therefore creates an illusion of credibility. The ill informed consumer might be prone to trusting the paid reviewer because of the lack…...
Online
Consumers and the Co-Creation of Meaning in Online Settings: Practices and Implications for Online Business
To say that the Internet has changed the way in which business is conducted would be to grossly understate the transformation that has taken place in the last decade or so due to the spread of Internet technologies and the growth in online capabilities for both businesses and consumers. Price comparisons, shopping with companies around the world from the comfort of one's own home, and a host of other consumer activities that greatly increase consumer power and thus business competitiveness in almost any industry. On the business side of the equation, Internet capabilities enable faster communication between warehouses/suppliers and factories/retailers, meaning business processes that are leaner and more efficient are now possible, quality and consistency across networks are more controllable, and a variety of other processes can be enhanced in many ways. These new capabilities…...
mlaReferences
Hatch, M. & Shcultz, M. (2010). Toward a theory of brand co-creation with implications for brand governance. Journal of Brand Management 17: 590-604.
Katz, J. & Sugiyama, S. (2005). Mobile Phones as Fashion Statements: The Co-creation of Mobile Communication's Public Meaning. Mobile Communications 31(1): 63-81.
Maglio, P. & Spohrer, J. (2008). Fundamentals of service science. Journal of the Academy of Marketing Science 36(1): 18-20.
Payne, A., Storbacka, K. & Forw, P. (2008). Managing the co-creation of value. Journal of the Academy of Marketing Science 36(1): 83-96.
eferences
Black, G.S. (2005). Is eBay for everyone? An assessment of consumer demographics. SAM
Advanced Management Journal, 70(1), 50-51. Accessed from Questia.com at http://
www.questia.com/read/5009563642?title=Is%20eBay%20for%20Everyone%3f%20an%
Assessment%20of%20Consumer%20Demographics.
Calvert, S.L. (2008). Children as consumers: Advertising and marketing. The Future of Children, 18(1), 205-206. Accessed from Questia.com at http://www.questia.com / read/5027351357?title=Children%20as%20Consumers%3a%20Advertising%20and%20
Marketing.
Hagel, J. & Armstrong, a.G. (1999). Expanding markets through virtual communities. The McKinsey Quarterly, 1, 140-141. Accessed from Questia.com at http://www.questia.com / read/5000569332?title=Net%20Gain%3a%20Expanding%20Markets%20through%20Vir
tual%20Communities.
Parrish, D.A. (1999, August). Technology for business: Set up shop on the Web. Black
Enterprise, 29(1), 36-37. Accessed from Questia.com at http://www.questia.com / read/5001354938?title=Technology%20for%20Business%3a%20Set%20Up%20Shop%2
0 on%20the%20Web.
Top 10 tips. (2009). eBay.com. [Online]. Available: http://pages.ebay.com/sell/top10tips.html....
mlaReferences
Black, G.S. (2005). Is eBay for everyone? An assessment of consumer demographics. SAM
Advanced Management Journal, 70(1), 50-51. Accessed from Questia.com at http://
www.questia.com/read/5009563642?title=Is%20eBay%20for%20Everyone%3f%20an%
Assessment%20of%20Consumer%20Demographics.
online retailing operates, what kind of problems they face and the kind of environment they operate in. The author has also focused on Asian online retailing and special focus on Hong Kong online retailing. It has 22 sources.
Access of basic necessities of life has followed the conventional method of buying and selling. This pattern changed in the last decade with the emergence of information technology age. When consumers have the ability to access information instantly, technologists thought why not access to products has as well. Thus emerged the concept of retailing online.
Online market had initiated with selling of information but today one can interact on the internet and buy physical products without any fear, atleast in some parts of the world. The main concern for consumers today is not whether their regions have access to the internet or not but rather focused on how fast and how online retailers…...
mlaBibliography
Author not available, Poor Customer Service Kills Online Shoppers' Holiday Spirit, and Online Retailers' Bottom-Line, Says Jupiter., Business Wire, 12-19-2000.
Author not available, E-COMMERCE LEARNS FROM 1999 SEASON., United Press International, 12-26-2000.
Author not available, EXECUTIVE Business BRIEFING., United Press International, 05-02-2001.
Ricadela, Aaron & Mitchell, Gabrielle C. News: Electronic retailing proves tricky -- Allure of Internet sales leads to revenue-sharing ventures, partnerships with hosts., Computer Retail Week, 10-20-1997, pp 02.
online networking for small supermarkets. Using literature on the subject of networking and supermarkets the author of this paper presents an argument in favor of forming a supermarket group of network ability.
During the past few years, focus seems to have moved away from small business and moved toward large conglomerate organizations instead. One example of this can be found in small supermarkets. Family owned supermarkets were at one time a staple in America. Family owned supermarkets were close to the house, the clerks and management knew the names of one's children and remembered what one's favorite type of cheese and laundry detergent was. As larger supermarkets continued to build stores nationwide the small family owned stores found themselves unable to compete with convenience. In addition financial considerations began to appear. The small individually owned supermarkets were unable to purchase stock in the large quantities that garnered large discounts. The…...
mlaReferences
Catalina Marketing Corporation And Coinstar Inc. Announce Partnership To Distribute Online Coupons
PR Newswire; August 3, 1998
Hands-on GENERATION.(Asher's Chocolates)
Candy Industry; February 1, 2001; Pacyniak, Bernard
University of Southern California- Annenberg Program in Online Communities
One of the obvious things about society today is an increased tendency to move online some of the activities that were not usually treated in that manner. The traditional form of communication, which implied the direct interaction between individuals or, at most, an interaction via the telephone or a printed material (letter, brochure) has now become almost obsolete. The online offers so many advantages, primarily including the speed of deliver and reception of the message and the diversity and potential outreach.
These changes in communication have also translated in new approaches in marketing and advertising. More and more, companies have become increasingly active on social platforms, not only with the goal to promote their products and services, but also to understand more about the consumers, about their needs, requirements and aspirations.
With this in mind, being prepared to function properly in this dynamic environment…...
Food & Leisure Business Plan
Plan Description
The objective of this project is to develop a business plan focusing on developing a business website for Food & Leisure Inc. Food & Leisure is a new business dedicating in providing seafood, traveling experience and lodging services for potential customers. The plan will provide a blog providing information about recipes, real-time review, and recommendation. The project will also present the projected revenue that will detail the costs of advertisement and promotions and net revenues with the goals of building a reputation that will lead to a prosperous business and marketing vehicles to other viable businesses.
Steps to Achieve the Goals
The project will design the website and provide marketing techniques to achieve the business goals for Food & Leisure. In the contemporary business environment, increasing number of micro and small businesses are taking the advantages of the internet technology to launch their businesses online. One of…...
mlaReference
Al Jenaibi, B.N.A. (2013). Use of Social Media in the United Arab Emirates: An Initial Study. Global Media Journal Arabian Edition,1,(2): 3-27.
Anderson, A.R. and Jack, S.L. (2002), "The articulation of social capital in entrepreneurial networks: a glue or a lubricant?," Entrepreneurship and Regional Development, 14 (3): 193-210.
POS, or point of sale, systems are critical to allowing a business to make money, since they are where a customer pays for goods or services. If it is difficult for a customer to complete a transaction, then it does not matter how easy-to-use the rest of your website is. This makes POS systems a critical component of any online business.
Point of Sales (POS) Research Paper Topics
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