Essay On Nestle
My Company Essay
My Favorite Company
Essay about My Business Idea
My Business Essay
Essay on International Business
My Dream Company
Essay about Business Challenges
2. My Company Essay
What is the name of your company?
The name of my company is Florely. Most people would name their business after their family
name, such as their last name. For an example, Johnson & Johnson was named after Robert Wood
Johnson I. Naming your business after your surname could be nice, but it wouldn't be original. It
also depends on the product that the company is trying to sell. Naming the company Florely was all
behind my product or products. If you didn't get it from the name, the company is all about selling
flowers. Florely is a company that has thrived off of selling flowers since the twentieth of May,
2012. All of Florely's employees are trained to understand the meaning behind each flower that we
produce. Majority of Florely...show more content...
When the plant decides to set seed, our employees have to shear the plants to encourage the plant to
grow. Shearing means cutting the plant back by removing majority of the plant without interfering
with its structure. Pansies love fertilizer but giving them too much will make the plants weak. So,
we only renew their fertilizer once a month. During its growth period there might be weak flowers
and we go through a process of deheading the pansy. Cutting off the dead parts of the plant will
increase bloomage of flower. Pansies grow throughout the wet season because during the fall it
rains constantly. These type of plants love the full sun but partial shade. We couldn't figure out
why our plants weren't growing. So, as a company, Florely decided to hire experts to come and
investigate. This type of cold, wet, and partially dark area bring insects such as gastropods (slugs).
Florely as a whole has done thorough research and came up with a couple of ideas. These ideas
consisted of thinning out the soil or trying out a different brand of fertilizer. We tried both methods
for over a month, but nothing worked and it cost the company a lot of money.
3)What are at least three issues that can solve the company's problem or issue?
As previously stated, Florely's issue is that slugs are causing a decrease in the growth of our famous
pansies for the fall
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3. My Favorite Company
When thinking of my favorite companies, I put into the equation, aspects of the company such as
customer service, ability to purchase stock in the company, the overall culture of the company, how
the employees are treated, and my personal experiences with the company. With that in mind, I've
narrowed the selections, one of my favorite companies overall would be T–Mobile. According to the
"About Us" section of www.t–mobile.com, "T–Mobile US is a major wireless network operator in
the United States, headquartered in Bellevue, Washington. I personally have T–Mobile service and
worked for the company in the past, the culture of the company is amazing, the customer service is
outstanding as well, they have what I like to call the "Chick–fil–A factor" in which the customer is
the number 1 priority, they do their best to understand, empathize and work with customers.
T–Mobile uses Facebook, Twitter, and Instagram as its social media platforms. The general
purpose of social media largely depends on the person using it. Some people use social media is
to stay connected to friends, family, in various places of the world in a way that is modest,
personal. Some use social media to make money, find love and be popular. I personally think the
most popular reason for using social media in today's society is to advertise, to market themselves,
small business, or really any kind of talents that a person may possess to be marketable.
Social media in any company is a valuable marketing asset
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4. Essay about My Business Idea
My Business Idea
In my coursework I intend to start my own business. I will devise my own business plan which
outlines my business proposal and the key aspects, during this I will need to seek good business
advice on the necessary steps I will have to make. As I go through the coursework I will show
evidence, examples and explain how businesses are set up, what types of businesses there are and
their similarities, the kind of targets businesses set for themselves and also the different objectives of
different stakeholders. For my business I plan to sell toys and other game products that educate
young children under the age of 11.
Starting up a business is difficult and risky. Anyone setting up needs to consider:
В·...show more content...
Most people though have to research their product. Businesses also have to decide how the product
is to be made.
Finance
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No businesses can be set up without finance. Most people who start their own business
underestimate the amount of money they will need to set up. They are often UNCAPITALISED
and this causes problems as the business expands. Some businesses have the potential to be highly
profitable but fail because they run out of cash at a crucial early stage in the life of the business. So
it is very important to work out how much money is needed to start the business and to identify
where the money will come from.
Identifying the sources of help
===============================
Most new businesses don not survive for more than three years of trading. However, their chance of
success is much greater if those setting up the business have received help from experts before the
launch. Many new businesses turn to Business Link or to their local
TEC. They can identify any grants, loans or benefits that are available from government or from
bodies like the Prince's Trust. They can also organise training in setting up small businesses that is
so often vital to the survival of the business.
The business plan
=================
Drawing up a business plan is very important. The business plan sets out how the business is to be
6. My Business Essay
Personal Assessment:
After doing comprehensive research I come to the conclusion, that by opening a Restaurant with
Bosnian food would be very good business venture. By opening a restaurant with authentic
Bosnian food within the Bosnian community of fifty thousand people would be very profitable. In
a way risk free. My only concern is that this is my first time investing a large amount of money.
Bosnian Food is very unique. Most Bosnian people have very busy schedules and they don't have
time to cook. My restaurant would feature traditional Bosnian food and atmosphere to make people
feel as if they were in Bosnia. By opening this restaurant, families would be able to come to dine or
to take food home that would make them feel at home and...show more content...
This restaurants is located in the heart of the Bosnian community and other businesses.
Site Map
The location of my business would be in the Lincoln square area on the Northwest side of
Chicago. I would be renting the space. My restaurant is in a very good location and very
accessible. It is in center of the Lincoln Square area and is also very close to four major streets:
Lawrence Ave., Wilson Ave., Western Ave, and Lincoln Ave. and has public parking nearby for
customers. The Building in which I am planning to open my restaurant is very appealing. Building
was recently remodeled and has very good visibility. Next door to the restaurant is a old antique
store, gift shop and doctors office.
There is a no competition for my business at all. There are other restaurants in the area that offer
different kinds of food like American, Mexican, and German, but I am targeting the Bosnian
community and my restaurant would be the only traditional business in this area.
Legalities and Insurance
Business that I am planning to open it will be a service oriented business.
Legal form for my business will be Sole Partner Proprietorships. Sole Proprietorship has number of
advantages. As a Sole proprietorship you have
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7. Essay on International Business
Today's world of rapid increase in and expansion of technology is the reasons for recent International
Business growth. The rapid growth in international business makes an understanding of
organizational behavior all the more important for contemporary managers. Businesses have
expanded internationally to increase their market share, as the domestic markets were too small to
sustain growth. Business transactions are also becoming increasing blurred across national
boundaries.
Companies engage in international business to expand sales, acquire resources, diversify their
sources of sales and supplies, and minimize competitive risk. When operating abroad, companies
may have to adjust their usual methods of carrying on business. This is...show more content...
When dealing with international finance, risk is calculated in many different areas. Here, I will
discuss the financial risks associated with international business, with an emphasis on the risk of
foreign exchange rates. Country Risk When a business decides to become an international trader, one
type of risk that must be examined is the country risk. When a company accepts or approves credit to
a foreign customer, they are not only assuming the foreign company's risk, but also the country's risk.
Country risk analysis means determining the country credit–worthiness. In terms of the ability and
willingness of a foreign government to make available to local companies foreign exchange
necessary to service their foreign currency denominated obligations or debts to foreign suppliers.
(www.bcfm.com/financial_manager/szabo%20internationalfm98.htm)
Mitigation of Country Risk
One way a company can help to mitigate country risk is by fully researching the foreign country
they wish to do business with. This is accomplished by conducting a country risk assessment. This
assessment takes into consideration the probability of credit loss or delayed payment, and uses the
results to determine if the corporation will extend credit with the foreign business. Foreign
Exchange Risks Foreign exchange risks are often the result of country risks. Foreign exchange risks
can be defined as the ability and willingness of the
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8. My Dream Company
DREAM COMPANY My Dream company is Hewlett– Packard Co. I would like to see myself in
top position as a General Manager of HP company in near future. HP company is known for its
best quality products and great services. This prestigious organization gives me more
opportunities like exploring my innovative thoughts in building this organization in perfect
manner. Because of its large scale productivity & services all over the world makes any person or
customer comfortable. HP company is founded by two great personalities Dave Packard and Bill
Hewlett by partnership on January 1, 1939 and it is a technology company established world wide.
HP company gives a lots of great opportunities for the fresher's in developing and manufacturing
...show more content...
Being a large company it provides many advantages like dominating the market for printers like
both laser and inkjet, which helps for both consumers and companies using the economies of
scale. And these organization is taking an active role in developing the capacity of new markets
all around the world by dealing with the multinational companies and other world governing
bodies to reigniting the competitiveness at home. HP always being recognized the need to
compete in these global markets and also the company has major advantage in enabling the
company to hold its position even in the time of recession. As long as the products are good and
down to earth prices there will be a special demand on each and every product. Company has been
increasing its technology from the span of calculators to laser printers; from notebook computers to
servers this shows how it has being developing from various stages to the top of the modern
technology. The company has a long history of inventions and innovations until it came to this
stage. And Research and Development is very important in managing the areas like rich digital
media and mobility and management software's and security. This is my dream company like I
stated above some key points like where I want to increase the productivity and security and some of
the areas
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9. Essay about Business Challenges
1. The most significant challenge to business success you see in this rapidly changing global
economy;
One significant challenge to business success in this rapidly changing global economy is that
many business are focused on efficiency and economic of scales. Just like the example provided by
Michael H. Hugo on Chapter 1, many companies are focused on lowering operating cost as much as
possible. This is causing for executives not leave any room for unpredicted changes limiting the
company's ability to respond to customer's changing needs.
2. An organization that has been successful in the global marketplace using virtual teams and the
best practices it used (as discussed in Chapter 7 of Business Agility: A Sustainable...show more
content...
While this is a practice enforced throughout the company, it was necessary to make sure that this
communications were clear to the virtual team in order to maintain morale and the team's trust in the
company.
3. How the Marketplace simulation incorporates these challenges into simulation game play;
The Marketplace simulation incorporates these challenges by providing student with real–world
business problems and roles. Team members are challenged to make decisions and used critical
thinking in order to solve this problems virtually. While The Marketplace gives the team the tolls
necessary to have effective communication, ultimately each team members contributes to the overall
success of the team, just like in a real business situation.
4. How your readings and individual self–assessment work provide potential solutions to these
challenges.
The unit's readings have provided many solutions to the challenges businesses encounter nowadays.
To this day, there are many companies that have business plans that concentrate strictly in lowering
operating cost, cut budgets as much as possible and overwork workers that already are overworked.
Some of this solutions include: * Thinking of the costumer's needs and being able to respond to their
ever changing needs * Management needs to be transparent and make sure to communicate with
employees, especially when the organizations is making
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