Eagle Fencing is experiencing a decline in its customer base and work over the past 5 years. This document analyzes 3 functional areas - marketing, leadership, and product development - that may be contributing to the problem. It recommends that Eagle Fencing develop a marketing plan including creating a website, radio ads, and fence signs. It also suggests improving leadership communication and establishing goals. Expanding the product line to include vinyl and chain link fencing is also recommended to attract more suburban customers and gain market share. Implementing these recommendations could help Eagle Fencing increase its customer base and revenues.
Fleur de Lis Bookkeeping, Inc. is a new bookkeeping business founded by Helena Frazier that provides virtual bookkeeping services primarily to small tourism businesses. The business plan outlines strategies for expanding operations into Texas over three years by hiring additional bookkeepers, offering competitive pricing and service packages, and implementing an aggressive marketing strategy including referrals, advertisements, and expos. Financial projections estimate that with expansion, annual sales could double by diversifying across seasonal tourism markets in Louisiana, Texas, and other southeastern states.
Horizon Accounting Services is a new accounting firm located in Memphis, TN that will provide tax, management accounting, bookkeeping, and investment services primarily to small businesses and individuals. The business plan outlines the company's mission to offer top quality, affordable accounting services through a team of trusted CPAs. Financial projections include a sales forecast, profit and loss statement, balance sheet, and estimates for capital needs to launch the business.
Fashion Consulting business plan sample prepared by Newton Group Marketing's professional business plan writing services.
Website: www.NewtonGroupMarketing.com
NOTE: The following is a plan for a fictional company and business situation. Any similarities with actual companies are purely coincidental.
Muhammad Irfan is applying for a managerial position and has over 17 years of experience in manufacturing, textiles, services, and trading companies. He currently works as the Manager of Finance and Accounts at Karachi Lubricants (Pvt.) Limited, where he oversees accounting, budgeting, reporting, and training staff. Irfan has a degree in economics and an MBA in finance and accounting, and provides his resume and references for consideration.
Sigmar Recruitment's 2012 Salary Guide summarizes salaries for accountancy roles in Ireland. Salaries in Dublin are typically higher than elsewhere in Ireland. Financial services roles such as Finance Director and Financial Controller pay between €80-110k+ in Dublin. Industry and commerce roles like CFO pay €100k+ in Dublin. Demand is expected to increase in 2012 for qualified accountants with systems experience and financial planning skills.
Sample business plan for Newton Group Marketing's professional business plan writing services.
NOTE: The following business plan is fictional and project based, and is in now way affiliated with GCG Corporation.
Blue Dwarf is seeking funding to develop products focused on the emerging Application Service Provider (ASP) and wireless internet markets. They are developing a personalized internet portal called AnytimeFromAnywhere.com for consumers and an enterprise solution called E2B@YourCompany. These products will allow users to access applications and services from any device. Blue Dwarf sees significant opportunity in combining ASP hosted applications with wireless access as mobile users will increasingly access services remotely. They believe their technology and products are well positioned to capitalize on the trends of outsourcing IT services to ASPs and the growth of wireless internet access.
This document provides an executive summary and overview of Full Academic Comprehension Tutoring Service (F.A.C.T.S.), a new online tutoring company. It outlines the company's mission, management structure, target market, and marketing mix. F.A.C.T.S. aims to generate $692,254 in its first year through tutoring services, trade show sales, and e-commerce. Key goals are 100% client satisfaction and breaking even by December 2014. The summary also briefly discusses F.A.C.T.S.' competition and strategies to promote through social media and trade shows.
Fleur de Lis Bookkeeping, Inc. is a new bookkeeping business founded by Helena Frazier that provides virtual bookkeeping services primarily to small tourism businesses. The business plan outlines strategies for expanding operations into Texas over three years by hiring additional bookkeepers, offering competitive pricing and service packages, and implementing an aggressive marketing strategy including referrals, advertisements, and expos. Financial projections estimate that with expansion, annual sales could double by diversifying across seasonal tourism markets in Louisiana, Texas, and other southeastern states.
Horizon Accounting Services is a new accounting firm located in Memphis, TN that will provide tax, management accounting, bookkeeping, and investment services primarily to small businesses and individuals. The business plan outlines the company's mission to offer top quality, affordable accounting services through a team of trusted CPAs. Financial projections include a sales forecast, profit and loss statement, balance sheet, and estimates for capital needs to launch the business.
Fashion Consulting business plan sample prepared by Newton Group Marketing's professional business plan writing services.
Website: www.NewtonGroupMarketing.com
NOTE: The following is a plan for a fictional company and business situation. Any similarities with actual companies are purely coincidental.
Muhammad Irfan is applying for a managerial position and has over 17 years of experience in manufacturing, textiles, services, and trading companies. He currently works as the Manager of Finance and Accounts at Karachi Lubricants (Pvt.) Limited, where he oversees accounting, budgeting, reporting, and training staff. Irfan has a degree in economics and an MBA in finance and accounting, and provides his resume and references for consideration.
Sigmar Recruitment's 2012 Salary Guide summarizes salaries for accountancy roles in Ireland. Salaries in Dublin are typically higher than elsewhere in Ireland. Financial services roles such as Finance Director and Financial Controller pay between €80-110k+ in Dublin. Industry and commerce roles like CFO pay €100k+ in Dublin. Demand is expected to increase in 2012 for qualified accountants with systems experience and financial planning skills.
Sample business plan for Newton Group Marketing's professional business plan writing services.
NOTE: The following business plan is fictional and project based, and is in now way affiliated with GCG Corporation.
Blue Dwarf is seeking funding to develop products focused on the emerging Application Service Provider (ASP) and wireless internet markets. They are developing a personalized internet portal called AnytimeFromAnywhere.com for consumers and an enterprise solution called E2B@YourCompany. These products will allow users to access applications and services from any device. Blue Dwarf sees significant opportunity in combining ASP hosted applications with wireless access as mobile users will increasingly access services remotely. They believe their technology and products are well positioned to capitalize on the trends of outsourcing IT services to ASPs and the growth of wireless internet access.
This document provides an executive summary and overview of Full Academic Comprehension Tutoring Service (F.A.C.T.S.), a new online tutoring company. It outlines the company's mission, management structure, target market, and marketing mix. F.A.C.T.S. aims to generate $692,254 in its first year through tutoring services, trade show sales, and e-commerce. Key goals are 100% client satisfaction and breaking even by December 2014. The summary also briefly discusses F.A.C.T.S.' competition and strategies to promote through social media and trade shows.
RFP: I love NY Seeking PR Firm for State's Iconic I Love NY CampaignEverythingPR
I Love New York Needs a PR Agency
As exclusively learned by Everything PR, The NY State Department of Economic Development is seeking a PR firm for the State’s iconic I LOVE NEW YORK campaign.
Travel and tourism represents of $95.4 billion industry in New York State and accounts for over 832,000 direct and indirect jobs. As tourism remains an integral part of the New York State economy, the I LOVE NEW YORK campaign represents a vital link to one of the most tested and resilient vehicles for continued economic growth.
First Alliances' Vietnam Salary Guide is a compilation of 2016 market salary information provided by our consultants, clients, candidates and other sources across industries in Vietnam.
The Customer is King Inc. is proposing a business plan to provide point-of-sale (POS) systems and tablet menus to restaurants to help increase customer satisfaction and restaurant revenues. The management team consists of a project manager, chief financial officer, human resources/operations manager, and marketing manager. The plan details the product concept, industry analysis, marketing strategy, operations plan, and five-year financial projections, seeking $8 million in investments.
The applicant is applying for a suitable vacancy mentioned in the letter. He has a bachelor's degree in commerce and computer science as well as an MBA from Charles Sturt University in Australia. He has over 16 years of experience in sales, accounts, and administration. He has included his resume providing details of his qualifications, experience, and computer skills relevant to the job. He assures that he will perform to the full satisfaction of his superiors if selected.
Business plan prepared by Newton Group Marketing for a start-up metal work company which resulted in successful bank funding.
Website: www.NewtonGroupMarketing.com/business-plans/
NOTE: Although based on actual plan, company name, financials and other pertinent information have been modified and made fictional for client privacy and protection. Any similarities with actual companies are purely coincidental.
This document is a resume for Sunil Dutt P. that summarizes his qualifications and experience. It includes details about his educational background such as an MBA in Finance and Bachelors in Commerce. It also outlines his over 15 years of experience in finance and accounting roles for insurance companies like Reliance General Insurance and Bajaj Allianz General Insurance, as well as other organizations. The resume highlights his responsibilities and achievements in reconciling accounts, preparing reports, and managing teams.
Peter D'Souza is seeking a career opportunity with opportunities for growth. He has over 25 years of experience in accounting roles of increasing responsibility in India and the Middle East. He currently works as an Associate Commercial Manager at IMRB International. He has a Bachelor of Commerce degree and postgraduate qualifications in finance and accounting. He is proficient in accounting software and financial reporting.
BUSINESS PLAN CAPSTONE PROJECT TYLER KINGTyler King
This document provides an overview of a business plan for a proposed video game company called King Software, LLC. The company aims to develop games with engaging worlds, realistic female characters, and self-publish its titles to maintain creative control. It will be headquartered in Richardson, TX and initially employ 15-30 people. Key aspects that will differentiate it are self-publishing, a family-oriented culture, and including the growing female demographic. The video game industry is summarized, from its origins to modern consoles and mobile gaming. The company will be structured as an LLC for flexibility. Initial distribution will be digital with a focus on the US and Texas markets before expanding globally through existing publishers. Copyright registration and incorporation paperwork are the
This document summarizes the process of creating a piece of recorded music from start to finish. It discusses the following key steps:
1) Composition, where the song is written through lyrics, musical form, and instrumentation. Genre and prosody help guide the composition.
2) Arrangement and instrumentation, where additional elements are added to the song skeleton and it is rehearsed. Collaboration can elevate the song.
3) Recording, where each instrument is captured separately using specialized microphones and equipment. Mixing and editing refine the individual tracks.
4) Mixing, where all tracks are balanced and effects are applied to blend them cohesively into a full song. Techniques like doubling
GrumpleWear is a small business that sells high-quality, humor-based t-shirts manufactured in the United States through its online store, grumplewear.com. The business plan outlines sales goals and costs for the first year as well as the capital needs to launch and sustain the business. Key aspects include commitment to quality, competitive pricing reflecting quality, and providing humorous content that resonates with customers. The target market is t-shirt wearers of any age interested in humor who purchase from online stores. The founder will serve as president and leverage experience and certification to manage operations, outsourcing many functions to control costs.
This document outlines a course for a Capstone Project multimedia communications class. The course will run for 15 weeks, meeting on Fridays for 3 hours of lecture and 2 hours of lab work. Students will work in teams to develop a communications strategy and media projects for a local organization. They will manage the project, meet milestones, and receive feedback. The course aims to improve students' employability by providing experience in project management, client interaction, strategy development, and teamwork. Evaluation will be based on communication, meeting schedules, and the final project.
This document outlines a capstone paper project that will introduce the context and importance of the project area. It will describe the project's design through requirements gathering, feature analysis, and system architecture. The paper will then detail the technical investigations through prototype development, testing, and results. It will conclude by explaining the project's findings and how they can benefit related research areas in the future.
The document summarizes several capstone projects completed by students between 2005-2009. Some of the projects include developing a message simulator for radio communications, an election results visualization system, an intrusion detection framework, and several factory automation and data collection systems. Other projects involve web application development, survey tools, database tools, and mobile applications.
My final MBA capstone presentation: Glia Business Plan, August 2011carlisle_h
These are the slides from my final capstone presentation for my MBA in Sustainable Enterprise. We had 8 minutes to present a business plan for an entrepreneurial venture, in front of about 200 people in the greater Dominican University community.
This document discusses Pinellas County, Florida. It provides background on when the county was founded and describes its population growth over time. The document then analyzes strengths and weaknesses in Pinellas County's health based on data from the U.S. Census Bureau and Healthy People 2020 objectives. Specifically, the document finds strengths in access to healthcare, preventative vaccines, and oral health but weaknesses in nutritional health, cholesterol awareness, and rates of cardiovascular disease. The focus then narrows to reducing cerebrovascular and cardiovascular emboli through prevention strategies.
The document summarizes a business plan writing workshop that covers the key components of an effective business plan, including an outline, sample sections, and general tips. The workshop agenda includes introductions, a business plan outline writing exercise, lunch, and a writing workshop with time for questions. The workshop reviews the purpose and general rules of business plans, and outlines the typical sections which include an executive summary, company history, products/services description, and financial plan.
Natalya Brown's capstone presentation outlines her career objective and qualifications for an administrative executive position in higher education. She discusses responsibilities including financial planning, accounting, and leadership. Challenges include leading through changing environments and limited resources. Her MBA and continued development will lead to professional success by providing broader perspectives on business, leadership, and strategy. She emphasizes skills in ethics, team building, customer service, technology, and assessing competitive and future environments.
This study aimed to determine the effect of an educational program on nursing students' knowledge of HPV. Eighteen senior nursing students completed a pre-test, participated in an HPV educational program, and then took a post-test. The mean pre-test score was 10.83 out of 15 (72%) and the mean post-test score was 13.78 out of 15 (91%). A paired t-test found this improvement was statistically significant. The educational program effectively increased nursing students' knowledge of HPV disease and vaccination, which could help improve HPV prevention efforts.
The document compares Costa Rica and Uruguay to determine if Catholic beliefs negatively impact Costa Rica's economy. Costa Rica has a close relationship between the Catholic Church and state, while Uruguay enacted strict separation in 1917. Data shows Uruguay has higher GDP per capita, legal abortion, higher female education and employment. Catholic influence in Costa Rica appears to perpetuate gender inequality and stereotypes, which could hinder economic development, suggesting Catholic beliefs and practices may negatively impact Costa Rica's economy through their influence on human capital.
The document outlines a presentation on the Reign Mobile Hotspot Detection System project. It describes the project as a cross-platform mobile application that alerts users about hazardous areas like areas prone to accidents, flooding, kidnapping etc. based on their location. It also allows users to report hazardous areas via email. The presentation covers the project description, problem statement, objectives, literature review on GPS and mobile devices, system architecture, analysis, design, methodology, and findings.
The document provides guidance for MLS students on constructing a capstone portfolio to demonstrate their learning and achievement in the program. The portfolio serves both student-level assessment of learning as well as program-level assessment for accreditation. Students are instructed to include 10-12 artifacts from their coursework, accompanied by reflective statements using the C-T-A-P-O method to describe the course purpose, relevant theories, artifacts, practices, and learning outcomes. Examples of reflective statements are provided.
This document provides an overview of a liberal arts capstone project exploring how to compose music for film. It begins with an introduction describing the topic, problem statement, and methodology. It then provides a literature review on three main areas of research: logistical elements of film scoring like establishing time, place and atmosphere; musical elements like eliciting psychological moods; and business fundamentals of the film industry. The literature review explores these areas through references to published works on film music composition. The document presents an in-depth look at the planning and research involved in a capstone project on learning the art of composing music for films.
RFP: I love NY Seeking PR Firm for State's Iconic I Love NY CampaignEverythingPR
I Love New York Needs a PR Agency
As exclusively learned by Everything PR, The NY State Department of Economic Development is seeking a PR firm for the State’s iconic I LOVE NEW YORK campaign.
Travel and tourism represents of $95.4 billion industry in New York State and accounts for over 832,000 direct and indirect jobs. As tourism remains an integral part of the New York State economy, the I LOVE NEW YORK campaign represents a vital link to one of the most tested and resilient vehicles for continued economic growth.
First Alliances' Vietnam Salary Guide is a compilation of 2016 market salary information provided by our consultants, clients, candidates and other sources across industries in Vietnam.
The Customer is King Inc. is proposing a business plan to provide point-of-sale (POS) systems and tablet menus to restaurants to help increase customer satisfaction and restaurant revenues. The management team consists of a project manager, chief financial officer, human resources/operations manager, and marketing manager. The plan details the product concept, industry analysis, marketing strategy, operations plan, and five-year financial projections, seeking $8 million in investments.
The applicant is applying for a suitable vacancy mentioned in the letter. He has a bachelor's degree in commerce and computer science as well as an MBA from Charles Sturt University in Australia. He has over 16 years of experience in sales, accounts, and administration. He has included his resume providing details of his qualifications, experience, and computer skills relevant to the job. He assures that he will perform to the full satisfaction of his superiors if selected.
Business plan prepared by Newton Group Marketing for a start-up metal work company which resulted in successful bank funding.
Website: www.NewtonGroupMarketing.com/business-plans/
NOTE: Although based on actual plan, company name, financials and other pertinent information have been modified and made fictional for client privacy and protection. Any similarities with actual companies are purely coincidental.
This document is a resume for Sunil Dutt P. that summarizes his qualifications and experience. It includes details about his educational background such as an MBA in Finance and Bachelors in Commerce. It also outlines his over 15 years of experience in finance and accounting roles for insurance companies like Reliance General Insurance and Bajaj Allianz General Insurance, as well as other organizations. The resume highlights his responsibilities and achievements in reconciling accounts, preparing reports, and managing teams.
Peter D'Souza is seeking a career opportunity with opportunities for growth. He has over 25 years of experience in accounting roles of increasing responsibility in India and the Middle East. He currently works as an Associate Commercial Manager at IMRB International. He has a Bachelor of Commerce degree and postgraduate qualifications in finance and accounting. He is proficient in accounting software and financial reporting.
BUSINESS PLAN CAPSTONE PROJECT TYLER KINGTyler King
This document provides an overview of a business plan for a proposed video game company called King Software, LLC. The company aims to develop games with engaging worlds, realistic female characters, and self-publish its titles to maintain creative control. It will be headquartered in Richardson, TX and initially employ 15-30 people. Key aspects that will differentiate it are self-publishing, a family-oriented culture, and including the growing female demographic. The video game industry is summarized, from its origins to modern consoles and mobile gaming. The company will be structured as an LLC for flexibility. Initial distribution will be digital with a focus on the US and Texas markets before expanding globally through existing publishers. Copyright registration and incorporation paperwork are the
This document summarizes the process of creating a piece of recorded music from start to finish. It discusses the following key steps:
1) Composition, where the song is written through lyrics, musical form, and instrumentation. Genre and prosody help guide the composition.
2) Arrangement and instrumentation, where additional elements are added to the song skeleton and it is rehearsed. Collaboration can elevate the song.
3) Recording, where each instrument is captured separately using specialized microphones and equipment. Mixing and editing refine the individual tracks.
4) Mixing, where all tracks are balanced and effects are applied to blend them cohesively into a full song. Techniques like doubling
GrumpleWear is a small business that sells high-quality, humor-based t-shirts manufactured in the United States through its online store, grumplewear.com. The business plan outlines sales goals and costs for the first year as well as the capital needs to launch and sustain the business. Key aspects include commitment to quality, competitive pricing reflecting quality, and providing humorous content that resonates with customers. The target market is t-shirt wearers of any age interested in humor who purchase from online stores. The founder will serve as president and leverage experience and certification to manage operations, outsourcing many functions to control costs.
This document outlines a course for a Capstone Project multimedia communications class. The course will run for 15 weeks, meeting on Fridays for 3 hours of lecture and 2 hours of lab work. Students will work in teams to develop a communications strategy and media projects for a local organization. They will manage the project, meet milestones, and receive feedback. The course aims to improve students' employability by providing experience in project management, client interaction, strategy development, and teamwork. Evaluation will be based on communication, meeting schedules, and the final project.
This document outlines a capstone paper project that will introduce the context and importance of the project area. It will describe the project's design through requirements gathering, feature analysis, and system architecture. The paper will then detail the technical investigations through prototype development, testing, and results. It will conclude by explaining the project's findings and how they can benefit related research areas in the future.
The document summarizes several capstone projects completed by students between 2005-2009. Some of the projects include developing a message simulator for radio communications, an election results visualization system, an intrusion detection framework, and several factory automation and data collection systems. Other projects involve web application development, survey tools, database tools, and mobile applications.
My final MBA capstone presentation: Glia Business Plan, August 2011carlisle_h
These are the slides from my final capstone presentation for my MBA in Sustainable Enterprise. We had 8 minutes to present a business plan for an entrepreneurial venture, in front of about 200 people in the greater Dominican University community.
This document discusses Pinellas County, Florida. It provides background on when the county was founded and describes its population growth over time. The document then analyzes strengths and weaknesses in Pinellas County's health based on data from the U.S. Census Bureau and Healthy People 2020 objectives. Specifically, the document finds strengths in access to healthcare, preventative vaccines, and oral health but weaknesses in nutritional health, cholesterol awareness, and rates of cardiovascular disease. The focus then narrows to reducing cerebrovascular and cardiovascular emboli through prevention strategies.
The document summarizes a business plan writing workshop that covers the key components of an effective business plan, including an outline, sample sections, and general tips. The workshop agenda includes introductions, a business plan outline writing exercise, lunch, and a writing workshop with time for questions. The workshop reviews the purpose and general rules of business plans, and outlines the typical sections which include an executive summary, company history, products/services description, and financial plan.
Natalya Brown's capstone presentation outlines her career objective and qualifications for an administrative executive position in higher education. She discusses responsibilities including financial planning, accounting, and leadership. Challenges include leading through changing environments and limited resources. Her MBA and continued development will lead to professional success by providing broader perspectives on business, leadership, and strategy. She emphasizes skills in ethics, team building, customer service, technology, and assessing competitive and future environments.
This study aimed to determine the effect of an educational program on nursing students' knowledge of HPV. Eighteen senior nursing students completed a pre-test, participated in an HPV educational program, and then took a post-test. The mean pre-test score was 10.83 out of 15 (72%) and the mean post-test score was 13.78 out of 15 (91%). A paired t-test found this improvement was statistically significant. The educational program effectively increased nursing students' knowledge of HPV disease and vaccination, which could help improve HPV prevention efforts.
The document compares Costa Rica and Uruguay to determine if Catholic beliefs negatively impact Costa Rica's economy. Costa Rica has a close relationship between the Catholic Church and state, while Uruguay enacted strict separation in 1917. Data shows Uruguay has higher GDP per capita, legal abortion, higher female education and employment. Catholic influence in Costa Rica appears to perpetuate gender inequality and stereotypes, which could hinder economic development, suggesting Catholic beliefs and practices may negatively impact Costa Rica's economy through their influence on human capital.
The document outlines a presentation on the Reign Mobile Hotspot Detection System project. It describes the project as a cross-platform mobile application that alerts users about hazardous areas like areas prone to accidents, flooding, kidnapping etc. based on their location. It also allows users to report hazardous areas via email. The presentation covers the project description, problem statement, objectives, literature review on GPS and mobile devices, system architecture, analysis, design, methodology, and findings.
The document provides guidance for MLS students on constructing a capstone portfolio to demonstrate their learning and achievement in the program. The portfolio serves both student-level assessment of learning as well as program-level assessment for accreditation. Students are instructed to include 10-12 artifacts from their coursework, accompanied by reflective statements using the C-T-A-P-O method to describe the course purpose, relevant theories, artifacts, practices, and learning outcomes. Examples of reflective statements are provided.
This document provides an overview of a liberal arts capstone project exploring how to compose music for film. It begins with an introduction describing the topic, problem statement, and methodology. It then provides a literature review on three main areas of research: logistical elements of film scoring like establishing time, place and atmosphere; musical elements like eliciting psychological moods; and business fundamentals of the film industry. The literature review explores these areas through references to published works on film music composition. The document presents an in-depth look at the planning and research involved in a capstone project on learning the art of composing music for films.
The Master of Business Administration Healthcare Management (MBAHM) program is designed to develop strong healthcare leaders through strengthening analytical and critical thinking skills. The program prepares students for mid-level to upper-level management positions in both private and public sectors of the healthcare industry, including hospitals, health systems, consulting, physician practices, and government agencies. Students demonstrate competency in core business and healthcare management areas through performance assessments, which allow for flexible, self-paced progression through the program.
The document proposes a network solution for a healthcare organization with 5 offices. It includes network designs, hardware selections, and costs. Key aspects include:
- Cabling and network designs for each office following industry standards
- Firewall, server, and desktop selections to meet current and future needs
- Virtualization, backups, and disaster recovery plans for data protection and business continuity
- Estimated total cost of $329,182 including hardware, labor, and optional service agreements
The document summarizes learnings from various departments of Andrews, including R&D, Marketing, Production, and Finance. Some key learnings include: 1) R&D is critical and products should meet market needs; 2) Understanding customer demand through surveys allows for better forecasting; 3) Automation should be done gradually and capacity reduced to optimal levels. Finance should support the business, not drive it, and contribution margins should be monitored versus competitors. Overall, decisions have long term impacts, so following instructions and monitoring competitors are important.
This document summarizes Brian Goodroad's DNP capstone project which aimed to integrate evidence-based renal care guidelines into two adult HIV clinics. The project involved assessing current practice, reviewing guidelines and literature, educating staff, and implementing adapted guidelines. Pre- and post-implementation data was collected on renal evaluations. Preliminary results found improved adherence to recommended evaluations after implementing the guidelines and an educational intervention.
The document outlines a capstone project using differentiated instruction to promote knowledge retention. Students will be grouped based on assessment needs and will work collaboratively to research topics, create lessons, and teach peers. The project incorporates 21st century skills, technology, authentic learning experiences, and assessments to guide instruction and evaluate increased understanding. Post-assessment scores showed most students improved in remedial topics after participating.
Magna International recently underwent a stock split which indicates positive financial health. A valuation analysis gives a base price target of $115.57 per share, with best and worst case scenarios of $155.38 and $83.44 respectively. The automotive industry outlook remains positive with growth in North America and China. Magna's financial health is supported by strong credit ratings, low debt levels, and ample liquidity. However, margins are lower than competitors and there is potential to improve efficiency further.
Stock Pitch For Watch Manufacturing Companies PowerPoint Presentation Ppt Sli...SlideTeam
Our Stock Pitch For Watch Manufacturing Companies PowerPoint Presentation Ppt Slide Template is the perfect way to pitch your stock. We have researched thousands of stock pitches and designed the most impactful way to convince your investors to invest in your equity. http://bit.ly/2w64AGL
This white paper discusses the top 5 reasons that companies outsource customer service functions. The top reasons are: 1) To lower costs, as outsourcing can reduce expenses by 3.5% annually. 2) To generate more revenue through upselling and cross-selling opportunities during customer interactions. 3) To increase customer retention rates by turning potential cancellations into satisfied, retained customers. 4) To gain flexibility in scaling up or down staffing levels to match seasonal or promotional demand surges. 5) To diversify operations by keeping some functions in-house while outsourcing others to access offshore capabilities.
I worked in a team and we were asked to evaluate Gap, Inc. and give specific recommendations for future growth and prosperity. This is the report we created based on our research and findings.
Autoglass is a windshield repair and replacement company operating in the UK and Europe. It began as a family business and has since expanded to 500 branches through various growth strategies. Some key points:
1) Autoglass has achieved substantial growth organically and through mergers and acquisitions. It aims to continue expanding its market share and diversifying its product offerings.
2) Strategic planning techniques like BCG matrix, SPACE, and PIMS are used to evaluate Autoglass' portfolio, competitive position, and market strategies.
3) SWOT and PESTLE analyses indicate opportunities for increased promotion and geographic expansion, while threats include competition and regulations.
4) Stakeholder analysis
The document discusses strategic planning for Autoglass, a leading windscreen repair and replacement company. It outlines Autoglass's mission to provide excellent customer service, vision to deliver industry-leading customer satisfaction, and core competency of repairing or replacing any type of glass. Strategic planning issues for Autoglass include potential new entrants in the innovative service industry and maintaining a competitive advantage through strong customer focus, new product development, market development, and diversification. The document also covers strategic planning techniques like top-down and bottom-up approaches and informal planning.
This document provides an investment recommendation and analysis of La-Z-Boy, Inc. (LZB) by John Milligan. Milligan initiates coverage of LZB with a BUY rating based on their lower cost operating model from supply chain improvements, quantifiable 4-4-5 strategy to increase retail stores and sales, and ample liquidity. Some risks include currency translation effects from a strong US dollar and supply concentration. Financial projections estimate continued revenue and profit growth through 2020. The analysis provides an industry and competitive overview of the home furnishings sector and positions LZB as the second largest US furniture manufacturer.
This annual report from Andrews Inc. discusses the company's strategy, execution challenges, and performance over the past few years. The company originally planned to focus on high-margin segments but faced slower than expected market shifts and customer preference changes that slowed the transition of its products between segments. As a result, key metrics like return on equity and contribution margins underperformed. However, the report is optimistic that recent strategic changes like product improvements and exiting low-margin businesses will return the company to profitability and high performance in the coming years.
Autoglass provides windshield repair and replacement services across Europe. To maintain its leadership position, Autoglass uses strategic planning techniques like SWOT analysis, PESTLE analysis, Porter's Five Forces, and stakeholder analysis. These help Autoglass evaluate its strengths, weaknesses, opportunities, threats in the market and with stakeholders to develop effective growth strategies. Some strategies Autoglass may pursue include organic growth, strategic alliances, licensing, and mergers or acquisitions to achieve substantive or limited growth.
This document provides guidance to help companies achieve sustained growth like the elite 8% of companies. It identifies four key areas that differentiate the top performers: operational management, cost and capital management, customer experience, and revenue growth processes. Readers are prompted to evaluate their own companies in these areas and identify opportunities for improvement. Case studies of companies like Tata Steel, BASF, Rolls-Royce, and Airtel that have successfully transformed are also presented as examples to learn from. The document aims to help readers develop a plan to transform their company and achieve the level of success of the top 8% of growth companies.
Control ExampleBusiness Name The Café Around the CornerSMAR.docxdonnajames55
Control Example
Business Name: The Café Around the Corner
SMART Goal: Increase customer satisfaction by 10% within a six month time frame.
Criterion being Measured: customer satisfaction
Time Frame For Goal Completion: six months
Explain the system that you will create to track the success of this goal?
Every month, employee surveys will go out to the customers on our mailing list. There will also be surveys attached to each receipt to reach people that haven’t signed up for email. The surveys will ask a variety of questions meant to measure the customer experience and their opinion of Café Around the Corner. All surveys will be electronic and collected in an online database that management can access. The surveys will be sorted by the employee that took care of the customer.
Why is being reliable and completing this goal on time important to the business’ success?
Accomplishing these goals will increase the reputation and financial success of the business. It’s also important to reach these goals in a timely matter as other aspects of the business are relying on me to follow through with expectations. It’s important to be professional and reliable when faced with objectives to complete.
What adjustments will you make if you fall behind completing this goal?
I will continually track the survey scores as they come in. If the business starts to fall behind, I plan on bringing in outside consultants to work with my employees. The consultants will run twice a month trainings that will focus on improving customer satisfaction. Every employee is required to attend at least one a month.
I will also begin rewarding employees that have the highest survey scores at the end of the month. This will improve motivation and create a customer service focus in the business culture. Publically sharing the monthly winners will also create recognition among the employees. These two methods will cover intrinsic and extrinsic motivation.
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3. Universal Auto is a large multinational corporation headquartered in the United States. For segment reporting purposes, the company is engaged in two businesses: production of motor vehicles and information processing services.
The motor vehicle business is by far the larger of Universal’s two segments. It consists mainly of domestic U.S. passenger car production, but it also includes small truck manufacturing operations in the United States and passenger car production in other countries. This segment of Universal has had weak operating results for the past several years, including a large loss in 2013. Although the company does not reveal the operating results of its domestic passenger car segments, that part of Universal’s business is generally believed to be primarily responsible for the weak performance of its motor vehicle segment.
Idata, the information processing services segment of Universal, was started by Universal about 15 years ago. This business has shown strong, steady growth tha.
The document discusses how revenue growth is the largest driver of shareholder return but many CEOs focus on cost cutting instead of growth initiatives. It outlines a 4-step process companies can follow to systematically accelerate revenue growth: 1) Define and focus resources on the core business, 2) Establish a common set of market facts and insights, 3) Select the most powerful growth initiatives to implement well, 4) Master the process of change management. The first step is using a "spider chart" to identify the core customers, products, channels and geographies that make up 80% of profits in order to focus on high-potential opportunities within the existing business.
This document summarizes strategic directions for business growth, including internal growth through reinvestment of profits and external growth such as mergers and acquisitions. It discusses the advantages and disadvantages of internal vs. external growth. Mergers and acquisitions are described as common ways to grow quickly but over 50% fail due to issues like cultural clashes and lack of strategy. Strategic alliances between companies are also covered as a way for cooperation without full ownership.
The document summarizes the performance review of Erie Tech from 2011 to 2019. It discusses the company structure, board members, mission, vision, beliefs, plans, challenges, and future plans. Key highlights include maintaining a market share of 22.9% and outperforming industry averages in terms of cumulative profits and production. Challenges involved establishing the company foundation, a cash flow problem, losing competitiveness in the size segment, and labor negotiations. Future plans focus on maintaining market share, improving customer satisfaction, and expanding into global markets.
About Your Signature Assignment SignatureBenchmark Assignments .docxransayo
About Your Signature Assignment
Signature/Benchmark Assignments are designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. Signature/Benchmark Assignments are graded with a grading guide or an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for course/program improvements.
Purpose of Assignment
The purpose of The Final Strategic Plan is to allow the student to develop a comprehensive strategy for a new division of an existing company. This analysis will be the culmination of all the previous week's coursework as well as e objectives covered during their entire degree work.
Assignment Steps
Resources: Strategic Planning Outline and Week 5 textbook readings
Develop a minimum of 700-word section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets.
· Identify marketing and information technology as part of the strategies and tactics section of the business plan.
· Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally.
· Determine the best possible options for evaluating the strategic plan.
· Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility.
· Show, in this section, the possible implications of the triple bottom line (people, planet, profit) on the strategic plan and its implementation.
Prepare a minimum 350-word executive summary defining the new division of existing business. Share your Vision, Mission, final business model, and value proposition, and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders.
Note: Any investor should be eager to meet with you after reading your executive summary.
I WILL BE USING THE ASSIGNMENT ABOVE AND THE PREVIOUS ASSIGNMENT TO CREATE THE BELOW SECTION
Use the Strategic Planning Outline as a guide, and combine Parts 1, 2, and 3 of your completed business model strategic plan with your Final Business Plan Model assignment and Executive Summary. This includes the Business Model, Vision, Mission, Values, SWOTT Analysis, Supply Chain Analysis, and Balanced Scorecard and Communication Plan from prior weeks. Your consolidated final strategic plan should be a minimum of 4,200 words in length.
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SPIMACO is a large Saudi pharmaceutical company with over $1.2 billion in capital. A SWOT analysis identified strengths like revenue growth and new product introductions, but also weaknesses such as declining earnings per share, gross profit margins, and net profit margins. Opportunities exist in mergers and acquisitions, utilizing local Saudi workers, and data analytics to improve customer insights. Threats include investor resistance due to low EPS, ensuring local workers are adequately trained, and competitive product pricing. Recommendations include focusing on top customers, reducing costs, innovating products, strengthening customer relationships, and using digital transformation to improve efficiency.
An Overview of Corporate Finance and the Financial Environment.pdfCynthia Velynne
This document provides an overview of different types of business organizations: sole proprietorships, partnerships, and corporations. Sole proprietorships are owned by one individual and have unlimited liability but are easy to form. Partnerships have two or more owners with unlimited liability but are also easy to form. Corporations have limited liability for owners, unlimited lifespan, and easy ownership transfer through stock shares, making them better able to raise capital. Most large businesses are organized as corporations to maximize value. Managing agencies is a potential problem for corporations that is addressed through governance structures.
Deepak r gorad marketing finance assignmentDeepak R Gorad
The document discusses Havells India, an Indian electrical equipment company. It details Havells' plans to invest up to Rs. 500 crore over the next three years to achieve over 50% revenue growth and reach Rs. 10,000 crore in sales. This will include expanding its domestic and international operations through investments in production facilities, hiring 1,500 new employees, and potential acquisitions in China and Africa totaling $200 million. Currently, Havells has annual revenue of Rs. 6,500 crore from its domestic and international operations.
Analyze the present scenario of the firm with revenue generated and net profit earned with the aid of this content ready Organic Growth PowerPoint Presentation Slides. Present the firm's current markets share as compared to its competitors using the professionally designed incremental growth PPT slideshow. Provide information about your competitors that are currently existing in the market and how they are growing their business organically and inorganically. Take the assistance of the visually appealing revenue growth PowerPoint templates to assess business priorities that are crucial for growth such as market share, competitive advantage, quality improvement, sales growth, etc. Utilize the topic-specific business growth strategy PowerPoint complete deck to analyze possible future events such as expected units of sales, revenue generated and Capex, etc. You can also use the growth planning PPT graphics to focus on existing customers that can increase brand loyalty. Thus download this ready-to-use organic growth strategy PowerPoint presentation to maximize customer outreach. Convince them you have the expertise with our Organic Growth PowerPoint Presentation Slides. They help demonstrate your authority. https://bit.ly/2W4cXwR
1. 2013
Eagle Fencing
Zeb White
[HELPING EAGLE
FENCING FLY]JKT Task 3 – Comprehensive analysis of and recommendations for a real-world small business
problem in the range improvement industry.
2. Helping Eagle Fencing Fly
Zeb White
MBA- Management and Strategy
Western Governors University
3. Table of Contents
Abstract.......................................................................................................................................... 1
A1. Background: ........................................................................................................................... 2
A1. The Problem ........................................................................................................................... 3
A2. Analyzing Functional Areas.................................................................................................. 4
A2a. Analysis of Functional Areas .............................................................................................. 4
Area 1: Marketing .....................................................................................................................................4
Area 2: Leadership ....................................................................................................................................6
Area 3: Product Development (differentiation)........................................................................................8
A2b. Implementation of resources to improve Eagle Fencing................................................ 11
1. Develop Traditional Marketing Considerations..................................................................................11
2. Develop Online Marketing Considerations (See Appendix 2 & 3) ......................................................13
3. Build Customer Relationships .............................................................................................................14
4. Educate employees of the company...................................................................................................14
5. Improve company communication.....................................................................................................15
6. Establish clear and concise goals ........................................................................................................16
7. Improve leadership.............................................................................................................................17
8. Build pride and commitment within the organization........................................................................19
9. Diversify product offerings..................................................................................................................20
10. Implement new products/services ..................................................................................................21
A2bi. Timeline for Implementation of Solutions...................................................................... 22
A2bc. Long-term financial and organizational impact of the recommendation................... 23
B. Log of time spent with client ................................................................................................. 26
Appendix 1, Utah’s Population.................................................................................................. 27
Appendix 2, Examples Webpage and Website Index (Sitemap) for Eagle Fencing ............. 28
Webpage Example Design: .....................................................................................................................28
Website Index (Sitemap).........................................................................................................................31
Appendix 3, Radio Coverage Maps:.......................................................................................... 32
Works Cited .................................................................................................................................. 33
4. Helping Eagle Fencing Fly
1
Abstract
Eagle Fencing is currently facing a decline in its customer base and has been
experiencing this problem for the past few years. The following documentation analyzes and
identifies 3 possible solutions that could help increase market share as well as discover new areas
of opportunity for the company. The functional areas that have been used to evaluate the issue
and develop the solution are Marketing, Leadership, and Product Development. By utilizing the
information contained herein it is anticipated that Eagle Fencing will be able to gain new
customers, expand and increase profits over the coming years.
5. Helping Eagle Fencing Fly
2
A1. Background:
Eagle Fencing specializes in providing top quality range fence for private land owners as
well as the Bureau of Land Management (BLM) and state agencies. Eagle Fencing (EF) has been
established as the ‘preferred contractor’ for the federal government in Southern Utah for over 15
years. The company is fairly small, employing 2 crews consisting of 4-6 full time employees
each with more workers needed in the summer months which is when the company’s ‘busy
season’ occurs. EF does little if any advertising and relies on word of mouth to obtain new
clients. The company serves a large geographical area covering several hundred square miles. Its
target market is varied; consisting of public organizations (rural communities), governmental
agencies (BLM and Forest Service), as well as privately owned farms, and ranches.
Eagle Fencing is capable of constructing over 75 miles of range fence a year, but for the
past 5 years a steady decline in work has been experienced and so far this year the company is
only on pace to build only about 25 to 30 miles of fencing. With the amount of fencing and range
improvement projects predicted this year the company is only looking at $150,000 -$180,000 in
gross sales. This current trend would mean that the company will need to lay off at least 50% of
its workforce to stay in business. With current equipment and a minor increase in staffing
(seasonal laborers) Eagle Fencing is capable of doing 3 times the work that it currently does and
at a price cheaper than the competition. By doing so the company would not need to lay off
employees during winter months and would be able to offer a more stable employment
opportunity.
Eagle Fencing’s strategy is to serve the most remote portions of Southern and Central
Utah where few other companies go. For the past 5 years Eagle Fencing has been experiencing a
slight decline in its customer base. The company employs a strategy of going where other fence
6. Helping Eagle Fencing Fly
3
contractors will not in order to gain customer loyalty and build its reputation. The company
motto is “We fence where Eagle’s fly.” EF builds an extremely durable product that lasts for 10+
years which creates the need to the company to acquire new customers regularly. For this reason
it is necessary for the company to find new markets in order to continue to stay in business.
Without a constant influx of new clientele the Eagle Fencing will simply work itself out of a job.
A1. The Problem
Eagle Fencing’s customer base has been in a steady decline over the past few years. This
decline is resulting in an average 10% decrease in contracts awarded to the company. The
company is consistently able to win jobs against competitors at an 80%+ rate for federal and
state contracts due to its competitive bidding. The problem is that these contracts do not make up
enough work for the company to expand or even keep up its current operational level. Eagle
Fencing relies on word of mouth to spread information about the company; relying on its product
quality and low bids (due to low operations costs and efficiency) to win contracts. The company
doesn’t have a website and does not do any advertising. In an effort to expand its market reach
and gain new customers the company needs to develop a comprehensive plan that can be
implemented quickly in order to capitalize on the upcoming busy season.
A strategy needs to be developed and implemented quickly to help the company gain new
customers in order for the company to keep up its current operational levels. Without new
customers this year the company will have to lay off several more employees and could face
losing its status as a ‘preferred contractor’ with the BLM due to a lack of workforce. This status
helps the company gain a large number of government contracts and represents a large portion of
the company’s business and is critical to Eagle Fencing’s survival.
7. Helping Eagle Fencing Fly
4
Several Functional Areas of the business could be contributing to the loss in customer
base and revenues. The first area that could be contributing to the problem is Marketing. A lack
of advertising and marketing avenues could be resulting in a lack of new customers. The second
functional area that might be contributing to the problem is Leadership. Leadership could be
affecting the company’s lack of new cliental in a variety of ways including the company strategy,
mission and vision. Finally Product Development could be affecting the problem because the
company only offers one specific product. By offering a differentiated product line the company
could potentially gain more customers.
A2. Analyzing Functional Areas
As is evident by the discussion above, the three functional areas most likely contributing
to a lack of new customers for the company are Marketing, Leadership, and Product
Development. These functional areas that could be stumbling blocks for Eagle Fencing’s growth
are outlined below.
A2a. Analysis of Functional Areas
Area 1: Marketing
It has become apparent after completing a simple competitor analysis that a lack of
advertising and marketing avenues could be resulting in a lack of new customers for Eagle
Fencing. Eagle Fencing’s products and bid prices compare favorably to that of its competitors.
The company offers superior products at competitive prices with excellent customer service.
This would suggest that the company needs to expand its marketing avenues in order to build
brand awareness and capture a greater market share that just isn’t aware of Eagle Fencing’s
existence.
“There will always, one can assume, be a need for some selling. But the aim of
marketing is to make selling superfluous. The aim of marketing is to know and understand the
8. Helping Eagle Fencing Fly
5
customer so well that the product or service fits him and sells itself. Ideally, marketing should
result in a customer who is ready to buy!” (Lancaster & Reynolds, 2005)
Currently Eagle Fencing does little if any advertising and the company marketing plan is
non-existent. It is recommended that the company develop a marketing plan that involves several
different areas in order to expand its market presence and increase the customer base of the
company. The competitors of the company already have several different avenues developed for
marketing, by mimicking these tried and tested methods Eagle Fencing will be able to deliver its
superior products to a wider range of customers. It is recommended that the company create a
marketing strategy based on a company website. The next step would be for the company to
create business cards, buy advertising from local radio stations and invest in fence signs to help
build brand awareness.
The new industry standard involves an online presence, competitors have already done so
and this could explain why Eagle Fencing has had a dwindling customer base over the past few
years. If Eagle Fencing can make use of an online marketing plan including a new website and
search engine sites like Google/Yahoo! it could build brand awareness. Building awareness
would allow the company to reach a larger market, and expand customer base as well as
revenues. By creating a website, Eagle Fencing will be in a better strategic position and will be
able to compete against its direct competitors. Due to past bid histories, in which Eagle Fencing
consistently outbids competitors, it is reasonable to assume that Eagle Fencing could eventually
expand to the point where it would serve the majority of the target market.
From past invoices and current market research the target market for Eagle Fencing’s
product has been identified as farmers and ranchers in primarily rural areas. A majority of over
85% of customers over the last 3 years are men over the age of 50. These individuals are often
9. Helping Eagle Fencing Fly
6
retired; or people whose primary income source comes through their property whether it is used
to ranch, farm, or for other purposes. For the majority of the market fencing is a necessity,
having a border fence around your property is the law in Utah. Most of the target market lives in
extremely rural areas, with little or no interaction with the community, except when they come in
to town to get supplies. A marketing campaign has been designed to maximize potential
customers’ exposure to Eagle Fencing and the services it provides.
The new marketing plan has been divided into 2 areas; traditional considerations and
online considerations. These are broken down into the following specific marketing avenues:
1. Traditional Considerations
Radio Advertisements
New Business Cards
Partnerships with Retailers
Fence ‘Signs’
2. Online Considerations
Website creation* (Appendix 1)
Area 2: Leadership
The second functional area that might be contributing to the problem is Leadership.
Leadership could be affecting the company’s lack of new cliental in a variety of ways including
communication, the company strategy, mission and vision. Abraham Lincoln once said that his
success was because of those around him while his failures were entirely his own. This same
selfless leadership model would serve Eagle Fencing well. Leadership is ultimately responsible
for the struggles of the company as well as the diminishing customer base.
In order to improve the company’s performance, the mindset of the company must be
modified to one that does the right thing for the right reasons. Honesty, tact, and encouragement
name only a few of these qualities and actions a leader should take in order to be successful. A
10. Helping Eagle Fencing Fly
7
Success
Commitment
Communication
and Trust
leader must also be ready to take responsibility for failure. It is important to note that a leader
doesn’t need to be perfect in order to be successful. Leadership should be encouraging, which
will help foster trust that will develop commitment from the workforce. In such a small
organization as Eagle Fencing it is of the utmost importance that a mutual trust and respect exist
between the owner and the crew foremen. Often times the crews operate autonomously for
weeks without oversight. It is important not only for the owner to trust the foremen to make the
right decisions for the company, but it is also important for them to trust the owner to bid the
work correctly and keep the crews busy throughout the year.
The best way to build trust within the organization is through communication.
Trust and commitment
result in accountability within any
organization. The owner of Eagle
Fencing is accountable to the
customers as well as the crews he
employees. The crew foremen share
in this accountability on a smaller
scale as well as having
accountability to the owner should
they complete work not up to Eagle Fencing standards, or if they complete a job late or exceed
their expense budget. Once the level of accountability expected is established the company can
finally reach the pinnacle of the performance pyramid. High performance will be the result,
helping the company reach its mission to expand operations and fulfill the company vision of
“Fencing where eagles fly!”
11. Helping Eagle Fencing Fly
8
Team leaders should always be striving to get their team to the top of the performance
pyramid. Encouragement and thereby trust are the base that all successful endeavors are build
upon. In order to build up trust the leader must shake off the natural man and begin to think
outside the box. The book Leadership and Self Deception illustrates how mankind is constantly
putting labels on those with whom they interact with. Once we begin to do this we seek to see
that person as exemplifying the characteristics we have labeled them with in order for our
assumptions to be right. (Arbinger Institute, 2010) The first step to avoiding this living ‘inside
the box’ is being aware of it. Because of this Leadership and Self Deception is a strongly
recommended reading for all managers in this organization.
In order to make sure company strategy is envisioned and followed by the employees of
the organization open and honest communication must be a priority. Ownership should be in
frequent contact with the crews to ensure that they know what is expected of them and to hold
them accountable for reaching production goals. Eagle Fencing also needs to re-evaluate the way
the company communicates with its customers and potential customers. Communication is a key
aspect not only of quality Leadership, but of an excellent Marketing campaign as well.
Area 3: Product Development (differentiation)
Finally Product Development could be affecting customer growth because the company
only offers one specific product; range fence. By offering a niche product the company is
eliminating a larger market which has similar needs and wants as the current target market of the
company. By offering a differentiated product line the company could gain more customers. Due
to the nature of fence construction offering differentiated products will require minimal
additional training and only a few new pieces of equipment. This small investment of time and
money could result in the company being able to reach a much broader customer base and help
Eagle Fencing capture a share of a much larger target market.
12. Helping Eagle Fencing Fly
9
Recent studies of global fencing trends show that the major portion of the fencing market
is in metal and vinyl fence materials. “Of the four major fencing materials, metal fencing
accounted for more than half of the entire fencing market in 2012 due to an increasing demand
for security and safety. The plastic & composite fencing market is expected to be the fastest
growing segment in the coming years due to increasing demand, especially from residential
buyers. Growth in the metal fencing market is primarily driven by continued interest in
ornamental, chain link and barbed wire fencing across different end user segments.” (Market
Research Reports, 2013) With vinyl fencing being the fastest growing market segment at 30%
annual growth (Lifetime Vinyl Fencing, 2013) in the fencing industry, an expansion into the
vinyl fencing market is recommended.
Eagle Fencing currently only targets customers who are in extremely rural areas in need
of range fence. While the company does offer some variation in its products including: all-steel
fencing, a wood and steel mix, all wood, sheep wire and barbed wire variations the company has
yet to capitalize on more suburban projects that could help the company expand its customer
base. By offering new products such as vinyl and chain link fencing the company will be able to
attract customers who are in more suburban areas. Gaining a share of this high-growth market
segment will help Eagle Fencing continue to grow for the foreseeable future.
With the growing population of the state of Utah*(Appendix 1), more and more areas are
becoming suburban. “Between 2006 and 2007, Utah had the third-fastest annual population
growth rate in the United States, ranking behind Nevada and Arizona. This rapid growth is
expected to continue; by 2060 Utah’s population is projected to be over 6.84 million people. This
equates to a 146% increase in the next 52 years.” (Summers, 2008) Simply put; Eagle Fencing’s
dwindling customer base could be because of a trend in the lifestyle of potential customers
13. Helping Eagle Fencing Fly
10
within the state. People who used to live in rural areas and own livestock now live on much
smaller lots and subdivisions where range fence isn’t needed and is often not permitted.
With these trends in the population of the state of Utah it is easy to see how the current
product offerings of Eagle Fencing are becoming somewhat obsolete. In order to re-capture a
substantial customer base Eagle Fencing will need to differential the products it offers. Thanks to
the nature of the business the company is in it will be relatively easy for the company to offer
these new products to its customers. Besides a few new hand-tools needed for vinyl and chain
link projects, fencing equipment within the company, especially the major pieces like ATVs,
post hole diggers, rock drills etc. will remain the same. Training will be relatively quick and easy
as well and is offered for free from several different companies that supply chain link and vinyl
materials. By sending company crews in for a simple 1 day of training the company will be
prepared to install these new products in a high quality manner.
Through training, advertising and the purchase of new tools Eagle Fencing will be able to
offer vinyl fence options to customers. Vinyl fence is installed using the same processes as the
current barb-wire and wood fence products offered by Eagle Fencing. Vinyl fence products are
currently being offered by the venders currently serving the company including IFA and Cal
Ranch stores. The company needs only to purchase the new materials and tools, take the time to
train employees on a few minor changes to the company’s fence construction process and Eagle
Fencing will be able to offer quality vinyl fence options.
Now would be the perfect time to do this training as busy season is just starting. The
recommended marketing campaign is ready to start and it could easily be changed to include
fencing products that are more suited to residential areas. It simply makes sense for the company
to offer products that will attract a larger customer base. Even in rural central and southern Utah
14. Helping Eagle Fencing Fly
11
the majority of people live in communities with almost all new construction being in suburban
areas. Fences are long-lasting products that people most often purchase when they are building a
home or buying new property. Offering the products that target more residential areas will allow
Eagle Fencing to enter into a new market, one that is growing each year and could easily keep
the company’s crews busy throughout the year.
A2b. Implementation of resources to improve Eagle Fencing
1. Develop Traditional Marketing Considerations
The first step in the new marketing campaign will be to create a new image of the company to
help make customers aware of the business as well as let existing customers know of a change in
company philosophy. The new logo could even be expanded to t-shirts and vehicle decals, giving the
company more advertising exposure as its crews travel across the state. This new business card design can
be expanded to make signs to mount on fences completed by the company as well. The new business card
will look like:
The current marketing proposal includes several traditional marketing methods that Eagle
Fencing could use to attract new customers. A minor radio campaign will be sponsored for 3
months starting in June, which will cover the busiest time for fence construction. At the same
time new company business cards will be distributed to over a dozen retail outlets across
South/Central Utah that specialize in farm and ranch supplies. Signs will be placed on current
15. Helping Eagle Fencing Fly
12
company projects that are close to roads with the Eagle Fencing logo, contact information, and
the new website address. This will give those who border current and past projects the
opportunity to be exposed to the company product firsthand, and give them the ability to contact
the company to inquire about more work in the future.
By putting business cards at various retail stores in the area Eagle Fencing can develop
business partnerships or ‘Affiliate Marketing.’ (Stokes, 2010) In exchange for a customer
reference from the retail company Eagle Fencing would buy materials for that specific project
exclusively through that retailer. This would create a mutually beneficial relationship between
Eagle Fencing and local retailers who are spread throughout the rural communities of
South/Central Utah. Example retailers could be IFA, Steve Regan Co., Cal Ranch Stores and
other farm and ranch supply stores.
Another benefit of the business is that Eagle Fencing builds fencing all over the state.
Several of these projects are twenty or more miles in length and cross or border public access
roads as well as well-traveled highways. By expanding the new business card layout and placing
it on a plastic sign the company can have simple, durable signs that can easily be mounted on
projects completed by the company. These signs can be mounted on gates on well traveled roads
or in other places highly visible by the public creating simple and cheap advertising for the
company.
Finally the company can purchase an advertising campaign with a local radio station.
Doing so will help more people become aware of Eagle Fencing and the products it offers. After
researching several different stations it is recommended that Eagle Fencing choose Mid-Utah
Radio as its radio advertising partner. The company serves the same geographical area *(See
16. Helping Eagle Fencing Fly
13
Appendix 2) as Eagle Fencing; it offers competitive pricing and has a variety of stations at its
disposal that will help Eagle Fencing reach a wider range of potential customers.
2. Develop Online Marketing Considerations (See Appendix 2 & 3)
Using affiliate marketing can also help recoup some of the costs associated with running
a website. “Advertisements on the web can take many forms. For example, (advertising) on
individual websites that attract an audience that you think may be interested in your products…
Alternatively, you can also sign up as an advertiser in one of the many affiliate networks around.
Such networks work like a sort of middle man between you and the other websites on the
Internet that displays your advertisements. Generally speaking, they allow you to advertise on
other sites without your having to manually search for relevant websites yourself." (Heng, 2010)
Due to this and other reasons explained above it is strongly recommended that Eagle Fencing use
affiliates as part of its marketing mix. It is also recommended that a website hosting company
such as the GoDaddy.com website builder be used to help the company create and facilitate the
creation of these partnerships.
Godaddy.com would offer several tools and personnel to help design and host the new
company website. Included in the costs are several features that will be beneficial to the
company as it starts out online. There are 3 main reasons that Godaddy.com has been chosen for
Eagle Fencing’s website needs. They are cost, features and ease of use. The ‘Website Builder’
option at GoDaddy.com is designed for small businesses just getting started online. It offers
several features including Hosting/Design/Email and gives you an easy to use website design
tool without having to purchase additional software. The tool offers 300 templates and 8,700
images (and gives you the ability to add your own images/video). It also offers an e-mail account
along with several other features, including the ability to expand, which makes it a great fit for
Eagle Fencing.
17. Helping Eagle Fencing Fly
14
By using a new marketing mix combining traditional marketing elements along with a
new website Eagle Fencing will be able to expand its brand awareness and increase its customer
base. A new business card design, fence signs, and radio advertisements along with the creation
of the webpage will give the company several different marketing avenues that will help attract
new customers. The company’s current lack of a market strategy is resulting in very little brand
awareness among the public. The creation of a new strategy that employees both traditional and
non-traditional marketing methods should help solve this problem.
3. Build Customer Relationships
The steps recommended for Eagle Fencing to take to ensure a positive online customer
relationship are:
Track marketing patters through retailers and alter advertising to maximize ROI.
Use a blog and e-mail feature on the website to promote customer feedback and give
the company the ability to publically address concerns.
Respond to customers in a timely fashion and put a disclaimer on the website
notifying customers that due to the nature of the business it might take a few days to
respond to their comments.
Offer a ‘quality assurance guarantee’ of at least 1 year on all work done by the
company to ensure that customer satisfaction is 100%.
4. Educate employees of the company
This can be done in two phases, one targeting leadership within Eagle Fencing and the
other targeting the workforce. For the leadership (Crew Foremen/Ownership) the company will
need to provide training on the new product offerings including vinyl and chain link fence
construction. This is offered for free from the product’s suppliers and will only take 1 day for
each product. Management could then teach this knowledge, add their own touch/tailor it to the
company and then educate the crews on the new product offerings. The entire process would take
18. Helping Eagle Fencing Fly
15
less than a week and would allow the company to offer new products to a much larger target
market.
Finally, for the management of the company, Eagle Fencing could also help educate and
develop quality leadership practices. One way to do so would be to require all managers to read
1-2 leadership based books each year. Books such as Lincoln on Leadership and Leadership and
Self-Deception will help each individual leader become a more effective asset to the company.
Ownership could also educate the crew foremen on the company’s mission, strategy and vision
on a strategic level. Having the two foremen informed on the direction ownership wants to take
the company will help them develop strategies to help the company reach those goals. All-in-all
education will help the company build a more capable workforce that will be able to more
effectively reach company goals.
5. Improve company communication
“Communication (from Latin "communis", meaning to share) is the activity of conveying
information through the exchange of thoughts, messages, or information, as by speech, visuals,
signals, writing, or behavior.” (Wikipedia, 2013) Due to the distances between worksites and the
remote locations involved in the work communication will be a key to Eagle Fencing’s success.
Improving communication within the company and with customers of the company will help
Eagle Fencing obtain new customers and retain existing customers.
Communication can be facilitated by issuing company cell phones to each of the crew
foreman. Smart phones that make use of 4G networks will allow the company to get the most
coverage in the rural areas of Utah where the company operates. At the very least the company
needs to set up communication times at least twice a week between the owner and the crew
foreman. These ‘meetings’ will allow for the owner to re-focus the crew and set goals for the
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current and upcoming weeks. It will also give the foreman the opportunity to bring up any
critical situations that have occurred throughout the week and make sure that they are staying
within the customer’s specifications.
Improved communication will help the company foremen make informed decisions that
are in the best interests of the company. Without enough communication the owner has to rely on
the judgment of the foreman who has little contact with the customer and might not know the
‘big picture.’ This could result in costly mistakes during the construction process that result in
lost time and finances. Improved communications would allow the foremen to complete jobs
without errors in the work, allowing the fence to pass inspection immediately after completion
giving the construction crew the opportunity to move on to the next job site without delay.
6. Establish clear and concise goals
By having common goals team members will be more likely to do their best work
because it is in their best interest for the work to be done correctly and in a timely manner. It is
widely known that if a person is able to have a say in his or her own performance measures they
will take ownership of their development plan and will therefore be more likely to rise to the
occasion when a challenge arises. Getting workers and crew foremen to commit to the long term
goals of the company should be a priority for the ownership at Eagle Fencing. Without this
commitment it is unlikely that the employees will see the company through the tough times
ahead.
To help establish goals and build high-performance teams Eagle Fencing should adopt a
bonus system for the two crew foreman. This would help motivate them to reach the goals laid
out by ownership and would give ownership the benefit of increased production without having
to increase the number of employees within the company. Currently company foreman are
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compensated at a set hourly rate with wage increases every year. By offering incentives based on
the amount of time to successfully complete a job, ownership will help to motivate foreman (and
their crews) complete quality work in a timely manner.
Time is of the essence, most jobs through federal and state government entities come
with stipulations for contracts completed later than the contracted time. These ‘penalties’ could
result in Eagle Fencing being fined as much as $300 a day for every day a contract is late. This
includes the time it takes to make an inspection of the fence or range improvement project which
can make these penalties even more costly for the company. Furthermore fuel is by far the most
expensive expenditure of the company after labor. Completing jobs on time, or better yet early,
would mean less fuel spent for the company generating better profits for Eagle Fencing. By
passing some of these profits onto the crews or crew foremen the company could help stimulate
timely completion of the projects done by the company each year.
It is also important that ownership goes over the long-term (yearly) plan with crew
foremen. This will help crew foremen get a sense of the company’s goals for the year and will
help them set up their personal schedule for the year as well. Setting clear goals of what the
company hopes to accomplish during the coming year will help foremen gain insight as to what
they are expected to accomplish. Informing them will also help to show them that the company
respects their time outside of the workplace, treating the foremen as people rather than just
employees will help to build their loyalty and commitment to the company.
7. Improve leadership
“To compromise is to make a deal between different parties where each party gives up
part of their demand.” (Wikipedia, 2013) One way to improve leadership within Eagle Fencing is
through compromise. Whether that comes in the form of compromising on customer demands or
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the ownership compromising with crew foremen, compromise can result in both parties being
satisfied with the outcome of a situation. Due to the independent nature of the crews of Eagle
Fencing it will be critical for the ownership to compromise on important decisions as the
company faces this critical time in its existence.
Another way to improve leadership is through the lessons on leadership from Abraham
Lincoln found in the text Lincoln on Leadership. This is one of the recommended readings for
those in leadership positions at Eagle Fencing. The lessons learned within this text will translate
well into running a small business and will help develop better leadership practices within the
company:
Provide a clear, concise statement of the direction of your organization, and justify
the actions taken.
Be honest, but tactful. "You can fool some of the people all of the time, and all of the
people some of the time. But you can't fool all of the people all of the time." (Phillips,
2009)
Ethical leadership dictates that the decision maker, the leader, takes the fall for poor
performance by subordinates not the other way around. This model of leadership
shows that the person in charge is taking the responsibility associated with his or her
position. It helps to build up trust with subordinates and also motivates them to take
chances. Far too often we see the corporate executive who blames others for the
decisions that he or she was responsible for making. Remember that to encourage
workers to take chances and to try new ways of doing things a leader must assume the
blame if they fail and give them the glory if they succeed.
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Never let personal feelings get in the way of doing what is right. Like Lincoln,
leaders need to be reserved and reverent. Be positive with those who you interact
with, most studies suggest a ratio of between 3:1-5:1 positive to negative comments
to workers in order to improve their performance and keep them motivated to
improve. Any more positive comments than 5:1 and they don’t seem genuine, any
less than 3:1 and the leader appears too negative.
“If leaders do enough of this - if they praise good work and encourage more of the
same - then eventually they will be able to relax and let their subordinates do most of
the work. And all the leader will have to do is guide them in the proper direction.”
(Phillips, 2009) If a socially responsible and ethical organization is to be created
leaders should follow the example set by Mr. Lincoln. Managers should be honest,
encouraging, humble, responsible individuals who inspire confidence and trust in
those who they lead. If they are able to do this the organization will be morally and
ethically sound.
8. Build pride and commitment within the organization
Community outreach programs are a great way to help develop company loyalty and a
positive company image. Through service true happiness is found. It is recommended that Eagle
Fencing complete one job a quarter pro-bono. One such project has already been completed this
year when the company repaired a fence around a graveyard for a rural community. As a result
the company developed a positive image within this rural area. The company also gained a
reference and was able to showcase what kind of service and quality it provides to several
potential customers.
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Taking this a step further the company could put fence ‘signs’ on such projects as well as
highlight them on the company website. Building a positive public image and giving employees
a sense of pride in the organization can only help the company improve performance and gain
new customers. This could also attract customers based on a positive company image and could
create many new, loyal customers who come to Eagle Fencing first because the company does
the ‘right’ thing. Giving back to the communities that keep the company in business is a fantastic
way to improve the long-term growth and value of the organization.
9. Diversify product offerings
Finally, the diversification of product offerings will help Eagle Fencing establish itself in
new, growing target markets. Although there is little research to support it simple reasoning
would lead one to believe that the demand for fence construction in rural areas is declining as
Utah’s population continues to grow. By the same stroke the demand for fencing found in
suburban areas, such as vinyl and chain link fencing continues to grow with the growing
population. By shifting company focus from long, rural type projects to more compact, urban
type projects the company can keep up with the new trends in the market. This could help the
company survive the current tough times and hopefully thrive as it looks to move forward for the
next 25 years.
Offering new products would take little training and almost no new equipment from the
company. With little risk associated with the decision and possibilities of huge rewards the
decision to offer new products is a great option for Eagle Fencing. Several of the company’s
direct competitors already offer similar products and with the current niche market of range
fence dwindling it makes sense for the company to expand its product offerings.
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10. Implement new products/services
The company will need to advertise new product offerings through the aforementioned
marketing avenues. Training will be needed, which involves a short 1-day training offered for
free from the product vendors (IFA/Steve Regan Co.). With the purchase of new tools and
changes in the current fence construction process Eagle Fencing will be able to offer quality
vinyl and chain link products to its customers.
The resources needed to implement new products and services, specifically vinyl and
chain link fencing include simple hand tools including special drills, wrenches, and levels and
measuring equipment. Simple training offered by the product vendors will be needed to educate
crews on installment techniques. Minor changes to current fence construction techniques
including cementing post holes instead of tamping, and the use of more accurate measuring
instruments including laser levels, will be needed to offer these new products. Other than these
minor changes Eagle Fencing is already prepared and suited to offer vinyl and chain link
products to customers.
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A2bi. Timeline for Implementation of Solutions.
Timetable for Solution Implementation.
First
Month
Create new strategic marketing and operations plan, inform crew foremen of the
new company direction. 06-25-13 to 07-31-13
Start new training and education program including set readings for crew foremen
and training on new product offerings. 06-25-13 to indefinite
Create new company website, business cards and fence signs. 06-25-13 to 7-31-13
Second
Month
Start new radio advertising campaign that will run for the following 12 months.
Partner with local station to create sufficient advertising coverage. 07-31-13 to 07-
31-14
Set up partnerships with affiliate retailers to help expand advertising and enhance
effectiveness. 07-15-13 to 8-15-13
Train employees on new product offerings and begin to advertise them to potential
customers. 07-15-13 to 7-16-13
Third
Month
Complete community outreach project, start searching for a new community
outreach project for next quarter. Project months: 08-13, 11-13, 2-14, 5-14, 8-14
etc.
Gather feedback from customers and employees for the past 3 months of operations,
evaluate and change company strategy accordingly. 10-01-13 to 10-31-13
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A2bc. Long-term financial and organizational impact of the recommendation.
*(estimates on finances provided by the company and do not reflect actual numbers/ prices for
expenses are estimates only and may not reflect the actual cost to the company due to taxes/shipping
and other factors)
The following chart shows the financial impact of starting a new website using the
recommended tools. This chart includes the costs associated with hosting, advertising, and setup
with GoDaddy.com and shows the initial startup costs along with the yearly running costs. This
will benefit Eagle Fencing through additional advertising avenues along with improved visibility
through search engine optimization.
Costs associated with new online presence:
Product needed Start up cost Yearly costs
Domain name $12.99 $4.99 (5 year
Certification)
Hosting/Design/Email $0 $61.08 (with 3 year plan)
Google Apps for
Business
$0 $50.00 (per user per year)
Search Engine
Visibility
$0 $32.28
Programmer fees $75 $0
Total costs for website: $87.99 $148.35 (with above term durations)
The next chart shows the costs associated with the traditional marketing strategy
recommended for Eagle Fencing. It includes the unit cost per item along with the projected
yearly/extended time cost for the company. Due to the nature of the company’s target market and
information identifying characteristics of the current target market a Traditional marketing plan
is needed to reach potential customers. These costs will help the company build up brand
awareness within the target geographical area and will help make the company, and its products,
visible to the general public. This will be a costly change for Eagle Fencing but can also offer the
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most benefits to the company due to the rural nature of the business and target market which
might not be reached by other advertising avenues. The establishment of a firm marketing plan
will be essential as the company looks to gain new customers and expand operations.
Costs associated with new Traditional Marketing avenues.
Product needed Unit Cost Yearly costs
Business Cards (per
500)
$19.95 Dependant on Demand
Fence Signs (per sign) $26.80 (each) $402 (1 for each project)
Shirts for Employees $111.84 (per 24) $335.52
Logos for Vehicles $8.39 each $41.95
Radio Advertising $900 startup $1,000 a month x 7
months = $7,000 (estimates
done by radio station suggested)
Total yearly costs: $8,699.42
Finally the 3rd
chart shows the costs associated with establishing company education and
communication policies. This will help to improve company leadership, collaboration and
improve communication. Due to the distances between projects effective communication is
paramount to Eagle Fencing’s success. Improving communication will also help improve
customer service and will give Crew Foremen the ability to better manage unforeseen problems
that arise during construction products. Following the chart the information based on the ‘test’
advertising month (which included a minor radio ad along with traditional advertising in local
newspapers) indicates a substantial market growth is possible for Eagle Fencing using the new
marketing avenues developed by the company.
Costs associated with education and communication.
Product needed Unit/Startup Cost Yearly costs
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Books for employees $10 (each/varies) $60 (2 per year per 3 management members)
Company Cell phones
(Data/Minutes included with
Verizon Wireless)
$200 (depending on
phones and options)
$1,500 (includes data/minutes etc.)
Training on new
products (based on labor
costs)
$55 per hour (based
on typical crew pay rate)
$880 (2 crews at 8 hours each)
Total yearly costs: $2,640
Total Financial impact of recommendations
Costs for 1st
year: $11,575.76
Expected growth percentage (based on May test market): 15% (per year)
Total revenues for last year: $186,000 (approximate given by owner) x 1.15 growth =
$213,900 or a $27,900 increase for the investment. The new campaign projects to generate a
positive ROI of approximately $16,324.24 per year.
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B. Log of time spent with client
Date Subject/Description
Time
Spent with
Client
5/13/13
Initial meeting with client, went over assignment and plan for the
company, and received permission from owner Tony White to find
solutions for the company. Started test month advertising.
2.5 hours
5/20/13
Second meeting with client, areas of concern identified including
marketing and an online presence. Conducted initial interview and went
over general operations of the company.
2 hours
5/24/13
Discussed competitors’ strengths and weaknesses. Decided an online
presence and differentiated product offering was needed.
1 hour
5/25/13
Gathered financial information about the company, acquired info on
business history and past customer trends (occupation/location/age).
4 hours
5/27/13
Showed client proposed overview and solutions, got the go ahead to work
on the details and start compiling project.
1 hour
6/3/13
Went over project progress with owner, tweaked solutions to fit business
needs. Presented radio coverage data and website options to owner.
1 hour
6/10/13
Went over results of test month advertising and reviewed final numbers
within the project. Met with crew foremen to get input on final details.
3 hours
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Works Cited
Arbinger Institute. (2010). Leadership and Self-Deception. San Francisco: Berrett-Koehler
Publishers.
Heng, C. (2010, September 12). How much does it cost to set up a website. Retrieved from The
site wizard: http://www.thesitewizard.com/gettingstarted/cost-setting-up-website.shtml
Lancaster, G., & Reynolds, P. (2005). Management of Marketing. Taylor and Francis.
Lifetime Vinyl Fencing. (2013, June 16). Frequently asked questions about vinyl fence.
Retrieved from Lifetime Vinyl Fencing:
http://www.lifetimevinylfencing.com/vinyl_fencing_faq.htm
Market Research Reports. (2013, June 17). Global Fencing Market. Retrieved from PRWeb:
http://www.prweb.com/releases/2013/3/prweb10497322.htm
Phillips, D. T. (2009). Lincoln On Leadership: Executive Strategies for Tough Times. New York:
Grand Central Publishing.
Stokes, R. (2010). eMarketing: The Essential Guide to Online Marketing, v. 1.0. Flatword
Knowledge.
Summers, L. (2008, October 9). The Impacts of Utah's Population Growth. Retrieved from Utah
Foundation: http://www.utahfoundation.org/reports/?page_id=270
Wikipedia. (2013, January 29). Definitions. Retrieved from Wikipedia The Free Encyclopedia:
http://www.wikipedia.org/