Thursday, May 21, 2020

Business - 614 Words

Case study Submission details |Candidate’s Name | |Candidate ID | | |Assessor’s Name | | |Assessment Site | | |Assessment Date/s | |Date | | The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required†¦show more content†¦Robert was going to hire 14 more administrative staff and 17 more delivery personnel to operate the various locations in Canberra, Melbourne and Brisbane. He also decided to replace all computers within the business and purchase more computers due to the new locations. There were so many computers brands on the market, and so many different styles and speeds of computers. All Robert knew was that he needed desktops for the administrative staff, laptops for his sales staff and PDAs (personal digital assistant) for his delivery personnel. Robert did not understand computers, but was going to research the desktop, laptop and PDA markets to determine his needs. Robert’s organisational requirements were: †¢ 20 brand new desktops †¢ 13 brand new laptops which were the lightest on the market. †¢ 50 PDAs with the latest GPS tracking. †¢ Purchase these items in the one location - if possible – to ensure discounts. He was going to conduct both online and non-electronic research. However, he did not know which websites would be best, or which places were best to view computers and PDAs. Questions Question 1 How can Robert ensure that his research is valid and relevant to his requirements and make efficient use of available resources? Question 2 When RobertShow MoreRelatedBusiness Analysis : Business And Business2361 Words   |  10 PagesEach business has products or services they want to sell to consumers, whether this is the man on the street or a multi-nation organisation, the difference in which person they targets will depend on what the product or service the organisation is offering Business to Business Business to business markets is, for example where to company engage in a transaction of a product or service, this could be a waste management company removing waste from a warehouse that produce a vast amount of waste. AnotherRead MoreBusiness Plan For A Business840 Words   |  4 Pagesâ€Å"Business plans are statement of a business goals, reason they are attainable and plans on meeting it’ (FoxBuisness, 2013). A business plan maps the course and gives a detail plan on how these goals are achievable. It is also important to establish a solid business plan for funding. Some small business use venture capital, bank loans, personal funds, and private investors as sources of funding. The business plan must therefore, sell investors. A well-written convincing business plan can buy investorsRead MoreBusiness Functions Of A Business988 Words   |  4 PagesIdentify the business functions MWS will need in order to operate effectively. MWS needs a variety of business functions in order to operate effectively. Identifying the business functions for any organization serves as a starting point in developing its mission statement. As the business of the company is over the internet, therefore, It needs to determine that how the internet will further the information and efforts for communication of the company and with whom the information will be sharedRead MoreDesigning A Business Strategy For Business946 Words   |  4 Pagesas purchase-order systems, gaining multiple approvals for business buys, authorizing multiple account users and developing long-term relationships and business partnerships. Many B2B companies are moving toward using their platforms as marketplaces for multiple vendors, manufacturers and B2B sales companies. Offering house credit is a good first step for positioning a B2B company at the top of the chain for this forward-thinking business strategy. When companies share financial interests,. it sR ead MoreBusiness-to-business and B2b E-marketplace814 Words   |  4 Pageslong-term relationship with just one supplier. Relationships among businesses in B2B are very important. These relationships, characterized by trust and continuity, extend to the IT realm. In the B2B business model, you must provide a level of integration of your IT systems with those of your business partners. The advantages to Volkswagen of developing and using its own proprietary B2B e-marketplace because they spend the money with suppliers, so that its can open and run their own B2B e-marketplaceRead MoreBusiness Plan For A Business1866 Words   |  8 Pages Business Plan Buiness model in theory and practice according to Wikipedia is used for a broad range of informal and forma l descriptions to represent the core aspects of a business, including the purposes of that business, its process, target customers, of ferings, strategies , infrastructure, organizational structures, trading practice, and operational processes and policies . Below, we would look at two kinds of business model (franchise and tradition al business) , their pros and cons, o r theirRead MoreBusiness Activities At The Business Premises1346 Words   |  6 PagesA. Seller has conducted its business activities at the Business Premises under the name of the Business. To the best of Seller’s knowledge and information, no other person or entity has conducted the same or similar Business at the Business premises, and no other person or entity has any interest in or right to use any of the Assets not previously revealed to Purchaser. B. No person, other than third-party trade creditors, has provided Seller with any inventory, equipment, fixtures, or financingRead MoreAre Profits The Only Business Of Business?1523 Words   |  7 PagesAre profits the only Business of Business? What is the corporation’s social responsibility? Many might say the main idea is that a corporation must go further than carrying out their basic function of purely making profits. A corporation must create wealth in ways that avoid under minding society, and instead enrich the society it operates in. The term â€Å"corporate social responsibility† has been deï ¬ ned in numerous ways; from the constricted economic perception of increasing stockholder wealth (FriedmanRead MoreBusiness614 Words   |  3 PagesThe Analysis of Leadership Case Problem A – The Global Insurance Tag Team Identify the teamwork problems that Calvin might be facing Calvin is the director of disaster insurance at a global insurance company and he has his own large department which located in New York. He is also the team leader of ten different representatives around the world. Each team member is responsible for encouraging the sales representatives in offices around the globe to sell disaster insurance. (Dubrin, 2010). Read MoreBusiness3599 Words   |  15 Pagesa selected business, suggesting potential improvements 7 4.1 Delivering customer service in a business 8 4.2 Review own performance in the delivery of customer service and recommendations for improvements 9 Conclusion 9 References 10 Introduction The objective of a business is to make profit and maximize its wealth and to ensure the customer satisfaction with which the business operates its activities. Customer satisfaction is a very important factor for surviving in the business world. Proper Business - 614 Words The Analysis of Leadership Case Problem A – The Global Insurance Tag Team Identify the teamwork problems that Calvin might be facing Calvin is the director of disaster insurance at a global insurance company and he has his own large department which located in New York. He is also the team leader of ten different representatives around the world. Each team member is responsible for encouraging the sales representatives in offices around the globe to sell disaster insurance. (Dubrin, 2010). Being a team leader of 10 different representatives, Calvin is facing teamwork problems of communication, organization and structural problem, as well as personnel issues. Firstly, his team member do not realize their roles or their lack of†¦show more content†¦Also, he should maintain communications by phone, email and Skype more frequently to share team members’ sales information and progress. What might Calvin do to provide stronger leadership to his global team? Calvin could set up a goal which gives his team members a vision that their task is meaningful to tem and resonate with the value of each team member. Besides that, he would try to ensure that diversity in the team is understood, appreciated, and leveraged. These two strategies would inspire team members to contribute coordinated efforts. To encourage his team member perform better, Calvin could arrange one or two face-to-face meetings every year. Face to face meeting would be the best way for human interaction which enable Calvin receive feedback from his team members directly. Conclusion Calvin is the director of disaster insurance at a global insurance company and the team leader of 10 representatives around the world. He encountered some problems within his team including communication, organization and structural issues. His representatives are not well aware of their roles in their team. So Calvin should practice E-leadership to fix these problems and improve his team members performance. References Chapter 9: Developing Teamwork [Powerpoint slides]. Cengage Learning (2010). Retrieved fromShow MoreRelatedBusiness Analysis : Business And Business2361 Words   |  10 PagesEach business has products or services they want to sell to consumers, whether this is the man on the street or a multi-nation organisation, the difference in which person they targets will depend on what the product or service the organisation is offering Business to Business Business to business markets is, for example where to company engage in a transaction of a product or service, this could be a waste management company removing waste from a warehouse that produce a vast amount of waste. AnotherRead MoreBusiness Plan For A Business840 Words   |  4 Pagesâ€Å"Business plans are statement of a business goals, reason they are attainable and plans on meeting it’ (FoxBuisness, 2013). A business plan maps the course and gives a detail plan on how these goals are achievable. It is also important to establish a solid business plan for funding. Some small business use venture capital, bank loans, personal funds, and private investors as sources of funding. The business plan must therefore, sell investors. A well-written convincing business plan can buy investorsRead MoreBusiness Functions Of A Business988 Words   |  4 PagesIdentify the business functions MWS will need in order to operate effectively. MWS needs a variety of business functions in order to operate effectively. Identifying the business functions for any organization serves as a starting point in developing its mission statement. As the business of the company is over the internet, therefore, It needs to determine that how the internet will further the information and efforts for communication of the company and with whom the information will be sharedRead MoreDesigning A Business Strategy For Business946 Words   |  4 Pagesas purchase-order systems, gaining multiple approvals for business buys, authorizing multiple account users and developing long-term relationships and business partnerships. Many B2B companies are moving toward using their platforms as marketplaces for multiple vendors, manufacturers and B2B sales companies. Offering house credit is a good first step for positioning a B2B company at the top of the chain for this forward-thinking business strategy. When companies share financial interests,. it sR ead MoreBusiness-to-business and B2b E-marketplace814 Words   |  4 Pageslong-term relationship with just one supplier. Relationships among businesses in B2B are very important. These relationships, characterized by trust and continuity, extend to the IT realm. In the B2B business model, you must provide a level of integration of your IT systems with those of your business partners. The advantages to Volkswagen of developing and using its own proprietary B2B e-marketplace because they spend the money with suppliers, so that its can open and run their own B2B e-marketplaceRead MoreBusiness Plan For A Business1866 Words   |  8 Pages Business Plan Buiness model in theory and practice according to Wikipedia is used for a broad range of informal and forma l descriptions to represent the core aspects of a business, including the purposes of that business, its process, target customers, of ferings, strategies , infrastructure, organizational structures, trading practice, and operational processes and policies . Below, we would look at two kinds of business model (franchise and tradition al business) , their pros and cons, o r theirRead MoreBusiness Activities At The Business Premises1346 Words   |  6 PagesA. Seller has conducted its business activities at the Business Premises under the name of the Business. To the best of Seller’s knowledge and information, no other person or entity has conducted the same or similar Business at the Business premises, and no other person or entity has any interest in or right to use any of the Assets not previously revealed to Purchaser. B. No person, other than third-party trade creditors, has provided Seller with any inventory, equipment, fixtures, or financingRead MoreAre Profits The Only Business Of Business?1523 Words   |  7 PagesAre profits the only Business of Business? What is the corporation’s social responsibility? Many might say the main idea is that a corporation must go further than carrying out their basic function of purely making profits. A corporation must create wealth in ways that avoid under minding society, and instead enrich the society it operates in. The term â€Å"corporate social responsibility† has been deï ¬ ned in numerous ways; from the constricted economic perception of increasing stockholder wealth (FriedmanRead MoreBusiness3599 Words   |  15 Pagesa selected business, suggesting potential improvements 7 4.1 Delivering customer service in a business 8 4.2 Review own performance in the delivery of customer service and recommendations for improvements 9 Conclusion 9 References 10 Introduction The objective of a business is to make profit and maximize its wealth and to ensure the customer satisfaction with which the business operates its activities. Customer satisfaction is a very important factor for surviving in the business world. ProperRead MoreIs Profit the Only Business of Business?3287 Words   |  14 PagesArguments Concluding Arguments A discussion of the three models surrounding Corporate Social Responsibility A discussion of the three models surrounding Corporate Social Responsibility Outline Outline is profit the only business of business? is profit the only business of business? The Stakeholder Model, that was developed my R. Edward Freeman, and states that collectivist ends can be attained without collectivist needs. It is important to distinguish a stakeholder from a stockholder. A stakeholder

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