Extending Credit to More Customers Buying or selling in credit means being given goods or services, but payment will be made in the future. This depends on the credit period provided by the seller. Even though this type of selling is risky to the employer, it benefits both the seller and the buyer because the seller gets income, and the buyer acquires what he or she needs without spending any money. Extending credit to more customers has many effects on the company. This paper will discuss the impact of extending credit to more customers on the company’s financial reports. Extending credit to more customers will increase the sales of a company (Li, 2016). This is because extending credit to customers means that they purchase goods and services and pay for them later. This will give them more purchasing power, which makes them buy more products and services because there is no restriction of money at the time they are making purchases. The fact that the customers have a long time to pay for the goods and services gives them more…
Advertisements directed to elderly customers Advertisements are significant to various people in society. They are not only important to the sellers but also the consumers of different products. Advertisement enables people to know about the existence of various products in the market as well as their prices. This provides them with the ability and opportunity to choose from the multiple brands of products that are available in the market to satisfy their wants. It, therefore, provides vital and essential information to the customers concerning the existence of the products in the market. Manufacturers, too, get the advantage of popularizing their products and services, thus increasing sales. Various advertisements are done to reach multiple target groups, mainly based on the age of the customers due to the different contents they carry. Ads targeting older people in society give adult content that is not supposed to reach underage in the community. Advertisers, therefore, should always look for the best ways in which to advertise various products to appeal to the elders too in the society. Appropriate languages should be used when passing…
MANAGING CHANGE for CAR Company Identification of the management problems From the case study, it can be seen that the CAR Company has a history of management problems. Before Megan has taken over the leadership of this company, briefing shows that even previous managers found it difficult to impart desirable or positive change. There is also a typical example of a CEO known as Bob, who was succeeded by Megan, highlighting that, imposing change was a challenging aspect in CAR Company. The reason for this situation was brought about the issue of costs and profits. The environment, which surrounded CAR, became very unpleasant over the last couple of years. This rough environment resulted in various challenges as it is discussed below. Rising of new competitors Over the years, CAR Company has been supplying technical parts to more than four car brands in the United States. Since CAR company relied much on innovations and technologies, most clients found it a favorite supplier. Due to this aspect, they made some significant profits over the past years, a scenario that attracted other…
Entrepreneurship Current Event Paper ECN 1015 Introduction to Business in a Market Economy This short (2-3 page) paper is intended to keep you up-to-date on current entrepreneurship and small business management happenings and issues occurring both domestically and internationally. Please utilize current articles as they will allow you to most directly apply your knowledge to what is happening outside the classroom in the “here and now”. Select and read a current article on entrepreneurship and/or small business management from any number of business periodicals, to include Business Week, Fortune, The Economist, Newsweek or from a newspaper, such as The Wall Street Journal, the business section of the Washington Post or Baltimore Sun. An article can also be selected from a reputable news source on the Internet, such as CNN.com. Include a copy of the article with your written report or a URL to the article on the Internet. Following an introductory paragraph introducing the article and its main theme, provide a brief and concise summation of the article. The summation will be an outline of the…
Effects of Risk Management on the Organisation Performance and Competitiveness Risk management refers to the process of identifying risks, the process of assessing, and a method of controlling organization threats that are likely to happen in the future or the ones that have already happened (Abdel-Basset et al., 2020, P 247). Risk management aims to ensure that there is a better performance of the organization; the organization is performing in an effective way and above all to make sure that all the people working in an organization are in a safe condition (Adiguzel and Zafer, 2020, P 116). Risk management ensures that there are no risks that can make an organization not fit in the competitive field as a result of its poor performance (Andersen et al., 2019). Risk identification is defined as the procedure of determining dangers that have the possibility of preventing the programs, innovativeness, and investments from achieving the set objectives (Anwer et al., 2019). Risk identification is an independent variable because it does not need other variables when it is identifying the risks in the…
evaluate a market situation and identify an appropriate research method to make an effective marketing and business decision Main Objective of the assessment The central aim of MG2119 is to test student’s ability (1) to develop marketing research problem; (2) to provide a critical literature review from secondary data and academic sources (3) to develop knowledge of the marketing research process including research design (qualitative), data collection and sampling, data analysis, and data reporting. For this task, the student is required to draw on basic enquiry and analytical skills, research and fundamental theoretical knowledge, and approach it with the view that it helps to relate the material introduced in the lectures with practice. Description of the Assessment This assessment will help students to evaluate a market situation and identify an appropriate research method to make an effective marketing and business decision. The student should use it as an opportunity to creatively design and plan a research project, and to carefully consider how they would collect and analyse primary data, but WITHOUT actually collecting primary data or conducting data analysis.…
Critical analysis of Teamwork, Leadership and Motivation theories. prepare an essay that critiques theory (using academic literature, again!) and connects your critical analysis and arguments about the theory with your observations made during the outdoor course. Note that the essay will be much easier to write if you have made notes of your observations whilst on the course. Notes taken and independent arguments developed and written up in weeks 1-9 may also prove invaluable! Steal a march on the independent essay by starting it early…. In 2,500 words, the essay should attempt to provide your critique of the relevant literature and your thoughts and arguments about the theories and their connections. Such a position would then allow you to draw out conclusions from personal experiences and activities from the OMC and how these connect with your deep, detailed and critical understanding of the theories explored. [unique_solution]This will require you to mobilise critical analysis of literature and theories and to develop arguments that explain how your arguments regarding theory can be used to explain what you observed on the OMC. You…
Media Production and Analysis :News Coverage Response Description Marks Intended meaning Discusses the intended meaning, point of view and/or bias of the texts. 5 Explains the intended meaning, point of view and/or bias of the texts. 4 Describes the intended meaning, point of view and/or bias of the texts. 3 Identifies the intended meaning, point of view and/or bias of the texts. 2 Limited or superficial comments on intended meaning, point of view and bias. 1 Selection processes Analyses how the selection processes are used to construct a point of view in 5 the texts. Explains how the selection processes are used to construct a point of view in 4 the texts. Describes how the selection processes are used to construct a point of view in 3 the texts. Identifies the selection processes used in the texts. 2 Limited or superficial comments on selection processes. 1 Representation Analyses how stereotypes are constructed through the coverage. 5 Explains how stereotypes are constructed through the coverage. 4 Describes how stereotypes are constructed through the coverage. 3 Identifies the stereotypes featured in the…
key points that make a company a success Select a company you are fond of and analyze what key points have made the company a success. Specifically focusing on how customer value has been created, the strategy the company has implemented, the development of new products and the product lifecycle. Paper be no less than 1,000 words. You will need to use more than one source to gather all of the information you need for each market. This project is substantial in nature and is not to be based solely on your opinion. Paper Sections Introduction – Why you think this company is worth discussing Body: Supporting details, properly cited Bibliography and Citations Bibliography Appropriate use of citations. ———————————————- Problems and Exercises 1-15, 18, 19, 24, 26, 30, 35, 42, 43, 48, & 60[unique_solution] Select a company you are fond of and analyze what key points have made the company a success. Specifically focusing on how customer value has been created, the strategy the company has implemented, the development of new products and the product lifecycle. Paper be no less…
PESTEL ANALYSIS FOR A CELL PHONE REPAIR COMPANY w/references if you cite anything External Analysis PESTEL Analysis: (Circle One, T = Threat, O = Opportunity, N = Neither; Briefly Describe Reasons)[unique_solution] Demographic Conditions T O N · The demographic factors that can affect the mobile phone repair sector include race, population dynamics, gender, and age. These factors can significantly affect the industry positively by providing diversification to the industry. An opportunity can be provided to the sector when it attracts people from all races in the world. When the industry is dominated by only one race, legal laws can sometimes be undermined like discrimination, which can negatively affect the sector, thus posing a threat to its profit Economic Conditions T O N · The U.S. economy is strong, but there is a threat of a recession in the near future · Areas with more expendable income will be more likely to seek our services over a longer period · The Student Loan Debt Crisis is a threat to factor for those considering higher education Political/Legal…