Things I found interesting in selling and marketing There are several things I found interesting after reading Selling and Mktg the Entrepreneurial Venture Core Curriculum, by Frank Cespedes. When the entrepreneur wants to know more about potential buyers, a point I fount very interesting from the reading Selling and Mktg, the Entrepreneur Venture Core Curriculum is visiting potential customers. And, I think this is so important because the entrepreneur will get to interact with the potential customers and get to know the current product in the market and the challenges the existing products are causing to the customers. This will enable the entrepreneur to recognize the best product to offer to the customers that will solve their problems. This may include knowledge of features to add in the product to benefit the customers. Also when the entrepreneur wants to know the best choice of the product to focus on, the point I found very appealing from the reading Selling and Mktg the Entrepreneur Venture Core Curriculum is identifying the ventures core customers. And I found this so interesting because the…
Fashion Cut Business Floor Layout Logistics Fashion Cut and Beauty will need a simple inventory system that is capable of managing buying of supplies, ordering, and storing. The business will source inventory software at the cost of $200 that ensures that the required hair cut and beauty products are ordered and delivered at the right time to ensure that services are not interrupted. The business premise has a cabinet that is appropriate for storing the supplies and ensure they are well managed using the inventory to ensure deficit is not experienced. Fashion Cut and Beauty will also consider buying a telephone for the business for secure communication between staff. The telephoned will be sourced at $80 and ensure all requirements and meetings are discussed through the communication channel. Fashion Cut business also will develop a company website that helps in communication with customers and also a potential customer. The website is a marketing platform used by an organization to share more information about products and services, and Fashion Cut will also adopt. The website will be developed at the…
Rhetorical Forces: The Application and Implication in Advertisement of Drug Industry “Rhetoric” is the art of language that is primarily used to persuade or influence particular audiences emotionally rather than logically (Wikipedia, 2020). It is widely used in fields like business, politics, and medicines. With the development of the modern world, rhetorical forces also play an essential role in the advertisement industry. In this paper, I will focus on the application of this tactic in the drug advertisement part. Moreover, further influences of using the rhetorical device in the propaganda of drugs and the comparison to Judy. Z. Segal’s article is provided. I will also present three examples of Shuanghuanglian oral liquid companies, pills used to lose weight, and anti-aging skincare products. In the article “Sex, drugs, and rhetoric,” Judy. Z. Segal illustrates how Flibanserin, which is a drug used to treat the sexual disorder of women, used rhetoric strategy to persuade FDA for its approval even though the drug was not convincingly safe or effective(Segal, J. Z., 2015). She described how a pharmaceutical company recruited and then ventriloquized,…
HOSP 2050: Assignment on Hospitality and Room Management Executive Summary This report details the roles and responsibilities of various staff in housekeeping and room management, activities involved and associated procedures. The information was obtained from a shadow shift with the executive housekeeper and resources from the internet. The report intends to create an understanding of the supervisory responsibilities in preparation for future employment. Also, the report shows that all the departments in a hotel play a critical role towards achievement of the set goals. The standard operating procedures for opening and closing a building Standard Operating Procedures (SOPs) refer to a code of written instructions that detail a routine activity that is usually followed at a hotel. SOPs are essential in maintaining quality and consistency in hotel operation. According to Robinson (2020), SOPs enable a hotel to operate just like a well-oiled machine. In the morning, when the room attendants arrive, the supervisor assigns them rooms to service; at the same time, the housemen change the status of rooms to open. Also, the supervisors make any required…
Marketing and Communication Plan for Bellevue Hospital Introduction Mission, Vision, and Goals The NYC Health + Hospitals/Bellevue (NYC +BV) is America’s largest and best public facility for health and care provision systems. NYC + BV is an incorporated network of nursing homes, health centers, trauma centers, and some hospitals. The NYC + BV was formed to deliver quality health care to the and essential services to about 1.4 million people of New York. Bellevue hospitals are currently an internationally recognized health care facility (NYC Health + Hospitals,2020). State of The Service NYC + BV hospital provides a variety of services. These services include, bariatric surgery for obese people to cater for diabetes, behavioral Health like the psychiatry for both adults and children, children’s Health is being catered for through the provision of accessible and cheaper services for all children, dental clinic, labor and delivery services to pregnant women, trauma center for psychologically disturbed people and many other such services. The Bellevue hospital offers both inpatient and outpatient services to reach everyone in their areas. The NYC + BV complies with…
Porters Five Forces Model concerning America’s Automobile Industry 2 abstract The automobile industry is one of the various sectors that has led to the development of infrastructure as well as the establishment of functional networks of roads that has enabled the access of different parts of the world. This industry has been in the forefront in the exploitation of minds of designers providing solutions to their discoveries as well as the source of employment placing them in a position to earn income used in improving their living standards. With the development of the automobile, it has been the ease in the business sector as their convenience in transportation modes and desirable tome factor 3 Introduction to the Automobile Industry An automobile is defined as a passenger vehicle developed for operating mostly on ordinary roads; they have four wheels as well as diesel or gasoline internal combustion engine. During the 20th century, the automobiles recorded a change in the United States together with other industrialized nations. Evidenced by the growth of suburbs towards the establishment of complicated road and highway arrangement.…
Financial and management practices Introduction Financial management practices have a significant impact on the financial performance of any corporate organization. This, therefore, calls for sound financial decision making. This will contribute to getting the desired profitability from their day to day operations. Every continent has its financial management practices, especially when it comes to banking. One of these variances is Islamic financial management practices and western banking. Islamic banking is also known as Sharia-compliant finance. Sharia law tends to influence banking and financing activities that lead to a more developed Islamic economy. It comprises various models such as the Wadiah (safekeeping), Ijara (leasing), among others. All of these models help them to become stricter when it comes to matters pertaining to finance. Western or conventional banking has also formed the paradigm of banking. Both of these banking operations have the same operations and purposes; the only difference comes in that the sharia compliance is strict and follows the laws set to the latter. The more substantial gap between the two is the religion cut, which does not in any way…
Financial information on Brimore Engineering Limited Company Introduction This paper presents an analysis of the financial information (shareholders information, budgeted and actual costs/revenues, and income statement) of a small engineering company located in the North East of England, Brimore Engineering Limited (BE). BE is a private limited company which had been exclusively owned by the Brimore family from 1987 to 2012 when two non-family members made an invested £1,000,00 which was valued as 25% of the company’s ordinary shares. At the time of the investment, the company was in its third consecutive year of financial loss. Following the investment, the company was back to its profit-making ways in 2014. The managing director of the company is Charlie Brimore, son to the company’s founder, Bob Brimore. In this analysis, BE will be analyzed on two levels, analysis of the budget vs. actual and financial ratios analysis. A budget to practical variance analysis involves determining the variation between budgeted and actual costs/ revenues and explaining possible reasons for the differences (Kaplan & Atkinson, 2015). On the other hand, an analysis of financial…
Financial Management: Clarkson Lumumba Company (Case study Analysis) Despite the company’s consistent profitability, it had experienced cash shortages. From the analysis of net income and sales, their profitability had grown in 1993-199. The rising sales and growth were as a result of increasing demand in the company. Although from the detailed analysis of financial position and statement of financial performance, it is noted that the company needs additional funds that will finance business activities and solve the challenge of cash shortages. Also, the company account receivables increased, which shows that it was getting some challenges in collecting more cash, and account payables decreased, which indicates that the company paid more cash leading to a shortage of cash. Another evidence was that the profitability of the company was low at 1.7% and also the sales ratio in 1995 was low at 1.2%. Mr. Clarkson had to meet his financial needs by borrowing from the National bank and delaying payments to suppliers. The analysis shows that the company was facing cash shortages. The operating margins were also low; Mr. Clarkson was able…
Financial Business Plan Introduction The paper intends to develop a business plan for a newly established company, which wants to grow its business in the upcoming years. The plan will provide a guideline for the running of the business and determining its performance in the current years. The plan will also set up the different ways by which the teams can coordinate together to take control of the business. Further, the paper will focus on a reporting package that describes the key performance indicators of the recommended choices. In the last section, the paper will present brief minutes of the monthly meeting for showing evidence of the operating decisions. Discussion Business Plan Problem Summary The company has been established for one year. The company has already laid down foundations for manufacturing and selling a decent product. For selling its product, the company has developed a sound marketing strategy. This has led to the creation of a moderate financial position for the company (Ferreras-Garcia et al. 2019). However, the turnover of the company has not been exceptionally high until the current…