Logistics and Distributions Management Companies require a good flow of materials/products to avoid any case of wastage or incurring unnecessary extra cost. Hence the introduction of logistics operations in businesses. Logistics is the process of linking the supplier to the producer/company and then to the consumer. According to Christopher (2016), logistics managers meet their objectives by managing the procurement activities, storage, and monitoring movements of products within the company and later through the marketing channels to the consumer. Logistics and distribution are crucial in today’s business, noting the advancement of the technology that has opened global business networks. Hence people can now transact business from different parts of the world without physical movement. For example, a procurement manager can purchase raw materials from abroad while in the office. Hence logistics and distribution come in to bridge the gap. This paper examines how business people can coordinate logistics to enhance consumer value and principles that affect purchase decisions. According to Christopher (2016), it is high time for every business person to realize the fierce competition in the market. Additionally, consumers…
Healthcare Management The penalties instituted on the hospital by Medicare are witnessed among several other medical organizations. They were adopted in 2012 as a mechanism to ensure that hospitals reduced their rates of readmission and gave value treatment to their customers. The penalties have their implications on the financial wellbeing of the healthcare facility. Therefore, it is only suitable for the organization to work towards reducing readmissions. They pose an issue with how the organization is managed and how patients are treated while at the same time, affects hospital financial stability and operations negatively. Parameters of the Issues What is happening? As depicted on the Medicare penalties, the organization has had a high number of hospital readmissions. One of the issues that have not been held with the due seriousness that they deserve by medical organizations is the transitioning of patients from hospitals and their recovery at home. The hospital seems to be failing at the process. There is a need to ensure that the patients being released from the facility are only those who can cope and move into…
Luke Lazarus: Talented Business Consultant Luke Lazarus is a business consultant with a focus on helping startups achieve their business goals. Lazarus is based in Melbourne and has more than twenty years of experience in growth management and planning. Lazarus graduated from Melbourne Business School with an executive MBA at the age of only 24 years. Immediately after his graduation, Lazarus dived straight to business, where he established four successful companies within the first ten years, which he later sold. And then he decided to venture into consultancy services. His main focus is to pinpoint problems and offer flexible business solutions. He also helps struggling business owners to grow their businesses. Luke Lazarus believes that for a business to succeed, it needs a relent story. He says that aligning a story with the company product or service is crucial to set a foundation for the success of any business. Lazarus helps companies create a story that is relevant and understandable to customers, employees, and investors. Similarly, Lazarus believes that developing a great business plan can help convince investors that a…
Luke Lazarus: Tips on becoming a successful business consultant Who is Luke Lazarus? Luke Lazarus is the forming CEO of Luke Lazarus Consulting firm that was founded in 2014. This firm is located in Melbourne with only one employee that is him. This firm mainly focuses more on advertising and marketing. It deals primarily with brand marketing consultancy, especially for beginners in the business. He has had a total of over 13yrs experience as an advisor in the product management and growth sector. To top up on to this, he has a Master of Business Administration, which makes his services to crave for. Why did he choose to open this business? When starting up any business, it can be quite overwhelming if you do not know how to go about it. It is, therefore, vital that you get someone who can hold your hand and give you advice on the dos and don’ts. This is why Luke decided to start up this company to offer a helping hand to beginners in entrepreneurship. Due to his many years of experience in…
business plan for Kau Travel Agencies Executive Summary This paper seeks to present a business plan known as Kau Travel Agencies located in Kaula Lumpur, Malaysia, and specializing in airline ticketing, hotel reservations, tour guiding about specific destinations, and creating itineraries among other services. Kau’s mission is to serve the Malaysians and the growing number of tourists coming from China and India and other foreigners who frequently visit the country. The vision of the agency is to provide high, quality, and standard services that will maintain the reputation that Kau is enjoying from the customers. The plans are to partner with major airlines in Malaysia, which will enable the customers to enjoy exceptional services with more quality and value creation and to establish a five-star hotel that will accommodate a number of its customers and offer quality services. Additionally, the firm will provide online travel services where the customer will have the privilege to choose from any of the partner airlines to ensure customer quality service. The company expected to establish an Estimated annuals sales turnover of the agency is…
Benefits of Hiring Social Media Marketing Agency Social Media Marketing is a kind of internet advertising that uses social interacting sites as a publicity tool. SMM aims to produce content that viewers will share with their social networks to help a company increase brand exposure and reach clients. Most social media networks have built-in data analytics methods, which enable firms to track growth, success, and commitment to advertising campaigns. Social Media Marketing Companies or Agencies address many shareholders via social media marketing, including current and possible clients, existing and forthcoming employees, bloggers, journalists, and the general public. At a strategic stage, SMM comprises the management of a marketing campaign, governance, determining territory (e.g., more passive or active use), and forming a firm’s preferred social media “culture” and “tone.” Benefits of Hiring Social Media Marketing Agency Business Marketing Business marketing is an essential advantage of appointing a social media firm. Such a firm encourages the products and services of a firm by formulating effective policies. Marketing is the primary function of a social media company or agency. These agencies or companies…
A Taxi Company Facing a Competitive Challenge Introduction and the Problem Statement Recently, the world has seen a phenomenal rise in digital platforms that seeks to revolutionize the mobility industry. The seasoned venture capitalists run these platforms aiming at seizing the market from the traditional players in the mobility industry (Hughes, 2017). Among the top players disrupting the taxi market include Uber, Lyft, Didi Chuxing, Taxify, and Ola (Pernicka, 2017). Through apps and websites, these players offer competitive services that substitute Taxi services (Cramer & Krueger, 2016). Unlike taxi players, ridesharing companies offer customized mobility services allowing travelers to have better experiences (Eisenmeier, 2018). Apart from this, these companies are convenient, cheaper, and accessible to travelers. Therefore, the vast benefits offered by ride-hailing platforms over taxi services are factors contributing to a shift in consumer behavior in favor of rideshare companies. The ridesharing platforms have disrupted not only the taxi businesses but also the entire mobility industry, with the entry of players such as Uber and Lyft in the market. In this research, the market analyst will examine the implications…
Affordable Care Act (ACA) Healthcare issues have always been at the center stage of politics in the United States. They include healthcare insurance, Medicare and Medicaid Services, premium cost, healthcare reforms, and healthcare access to underserved and vulnerable populations. Interests in universal healthcare insurance came up in political spheres before the mid-19thcentury, but none of the proposed plans came into effect. It was during Harry S. Truman’s presidency that Congress presented the most notable proposal on universal coverage and its implementation. It was not until the passing of the Patient Protection and Affordable Care Act, also referred to as the Affordable Care Act (ACA) or “Obamacare” in 2010 by President Obama that a significant step was made to achieving universal healthcare insurance. The main goals included reducing the number of uninsured Americans, making healthcare coverage more affordable, and expand access to care. The healthcare policy achieved these goals through amending Medicare, expanding eligibility for Medicaid, providing subsidies for insurance purchase for people of moderate income, creating new market places where individual without the coverage of employers could purchase policies directly…
ARIZONA TUITION IMMIGRANTS The United States faces one of the highest immigration rates in the world currently, with a majority of the immigrants entering the country illegally. The state of Arizona is a borderline state that has illegal immigrants and has come up with a model that considers the effects of immigration on workers, capital owners, and aggregate welfare. In the article, the state of Arizona has different tuition rates that are dependent on whether one is an immigrant, either legal or illegal, or a US citizen. Immigrants have significant effects on a state; for example, the increase in labor means that the real wage rates will decline due to the excess supply of labor compared to the scarce demand for labor. Expanding eligibility requirements for the tuition program means that more immigrants will be able to access higher education, thus increasing their competency in the job market. The US, however, consists mostly of immigrants considering they had an open border in the past, improving the welfare of the source country and destination country. The increase in welfare is a…
MANAGEMENT AND ORGANIZATION The course concept that I chose is interview and resume. I put the concept into practice in my part-time job when new employees come seeking employment opportunities. Despite being a part-time employee, I had to request my employee to allow me to be part of the team that interviews new applicants so I would get a chance to experience how the whole thing is handled within the company. The steps that I decided to take so I would ensure that I have put the concept into practice is, requesting for a chance to be part of the interviewing team, gathering the applicant’s resumes and preparing the appropriate questions to ask the applicants. When it comes to requesting my employee so I could be part of the team, it was not easy on my side. Being a part-time employee means that I am not in a massive position in my place of work, but I had to explain how important it was for me due to the evidence that my course needed. I yearned to be part of…