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Business Plan for an Imaginary Software Company Business Plan

… ¶ … business plan for an imaginary software company, Techno soft which aims to enter South Asian market as a part of its international business expansion strategy. The paper is divided into different sections. The first section presents an ample introduction to the company; its location, products, mission, vision, and strategy, the source of competitive advantage, and the nature of business opportunity which it wishes to avail in the new market. The second section presents environmental and industry analysis of the firm using different tools; like PEST Analysis, Five Forces of Competition, CAGE Model, and future outlook. The third section is dedicated for the marketing plan of the company which describes the company's target market and marketing mix strategies.

The fourth section presents an organizational…. [read more]


Business Summaries This Chapter Essay

… The central part of sharing a common set of goals is having a joint understanding of what the goals of the organization are and the best ways to achieve these goals. This does not mean that there has to be absolute agreement on every detail of every aspect of the organization, because a well-run organization will allow for open discussions when they are designed to improve the way an organization works.

One of the key ways in which organizations can be organized is along the lines of how specialized they are: Does each employee do only one job or does each one wear a number of different hats? The same question must be asked of each department, and even of the company as a whole.…. [read more]


Relationship Between Stakeholders and Corporations and CSR Corporate Social Responsibility Research Paper

… Business Theory

Relationship between Stakeholders, Corporations and Corporate Social Responsibility

Businesses around the world are under pressure with a new function, which is to meet the needs of the present generation without compromising the capability of the next generations to meet their own needs. Companies are being called upon to take accountability for the ways their operations impact societies and the natural environment. They are also being asked to apply sustainability philosophies to the manners in which they carry out their business. Sustainability refers to a company's actions, usually considered charitable, that show the insertion of social and environmental concerns in business opera-tions and in associations with stakeholders (D'Amato, Henderson & Florence, 2009).

It is no longer suitable for a corporation to experience financial prosperity…. [read more]


Social Accounting Socio-Economic Essay

… 1995a: 62-3, Monbiot 2001). Business increasingly has seen social accounting as a public relations opportunity in an age where increased emphasis has been placed on business image. As global communication in cyberspace has taken off, social accountings have manifested increasingly on the World Wide Web. From the 1980s onwards, business has reflected the increasing concerns about the ecological environment in their social accounting, displacing other social accounting concerns to some extent (Owen et al. 2005, Gray 1999:9). If environmental accountings have in some cases intermeshed with wider social concerns - a tendency that is marked in some forms of sustainability reporting (Elkington 1998) - such social accounting in practice has continued to be disappointing. Environmental and sustainability accountings may have become increasingly evident in practice…. [read more]


Business Plan for Traditional Chinese Medicine Practitioner Business Plan

… Business Plan

This business plan pertains to a new Traditional Chinese Medicine (TCM) clinic, to be located in Koreatown, Los Angeles. The clinic will primarily target the area's sizeable Korean population, as well as draw from other areas of the city. The clinic will be set up in a small, three room office. Initially, there will be no staff, only practitioner Mr. Ahn. After six months, revenues will be sufficient to hire a part-time receptionist.

The financing of the venture will come from Mr. Ahn, who has $200,000 in personal savings. The initial startup costs are estimated to be around $10,000 but could range upwards of $15,000. There will be no need for bank financing given the cost structure and estimated time to breakeven for…. [read more]


Social Media Retailing Applications: Opportunities Dissertation

… For instance, social media sites Facebook, Twitter, YouTube, and others are wrongly regarded by marketing executives as being mere "chat rooms" for adolescent socializing and nothing more (Keifer 2010). In reality, though, business is booming on social media networks. Indeed, since 2003, the number of social media site users has nearly doubled, and the time spent visiting and navigating these sites has grown by a staggering 883%! (Kunz & Hackworth 2011). According to Kunz and Hackworth (2011, p. 2), "In 2008 alone, the amount of time spent on social networking sites increased 73%. A large percentage (85%) of social media networking users want companies to interact with them using social media applications."

Today, sixty times a minute, every hour, 24 hours a day, social media…. [read more]


Business Ethics Focus on Merrill Essay

… Ford's senior management calculated the cost per life lost on the basis of the National Traffic Safety Administration's data and stated that recall for correcting the problem with the Pinto would cost $121 million as compared to only $50 million for injuries and deaths caused by the problem.

The decision-making process in this case was flawed in that the Ford Motor Company attempted to place value on the life of a human being. How could it possibly be that lives lost totaled less than the cost of a recall and modification to the company's vehicles? This happened because of the failure of the Ford Motor Company and its employee to assign intrinsic value to the life of human beings which would mean that the company…. [read more]


Business Society and Corporate Values Essay

… Case 18 - American Red Cross (ARC)

The organizational structure and compensation at ARC has not had a strong enough impact on fostering ethical behavior among chief executives there. There's not enough transparency; it's far too easy for corruption to take over and there's too much compensation available for top executives, making a culture of greed far too easy to takeover. For instance a story on the ARC developed by CBS lists the following problems as indicative of a flawed organizational structure and compensation: "the fundraiser in Louisiana caught padding her own bank account with donations; the manager in Pennsylvania who embezzled to support her own crack cocaine habit; and the executive in Maryland who forged signatures on purchase orders meant for disaster victims" (Ferrell…. [read more]


Business Law What Is the Relationship Research Paper

… Business Law

What is the relationship between ethics and the law in business?

An association is present between law and ethics. In a number of cases, law and ethics overlap and what is professed as unethical is in addition illegal. In further circumstances, they do not overlap. In a number of instances, what is thought to be unethical is still legal, and in others, what is against the law is thought to be ethical. An action might be thought of as ethical to one individual or group but might not be looked at as ethical by someone else. Additionally obscuring this dichotomy of action, laws may have been passed, efficiently positioning the government's location, and seemingly the mainstream view, on the action. As a consequence,…. [read more]


Business Pros and Cons Essay

… One of its important role is in product costing. While financial accounting looks at the actual costs incurred, managerial accounting provides the kind of information that will help the managers to understand the reasons behind the cost and what can be done to lower it without compromising on the quality of the product. Incremental analysis is the information that helps managers to analyze the alternate revenues or costs for each product and how these alternatives can impact the current and future of the business. Managerial accounting helps with decision making regarding the acquisition of a new business, closure of an existing segment, buying vs. making a product and so on through incremental analysis. Lastly, managerial accounting is a forward-looking approach to accounting and helps managers…. [read more]


Business Ethics Pattern of Ethical Essay

… And so forth; these are all options. The devil is of course in the details, the practical application and implementation details. How one manager defines gender-neutral pay or a fair competitive wage will differ from another's, particularly if they feel that there is a potential conflict with their own compensation objectives. For example, any manager who is told he or she will get a bonus for cutting costs is not going to be very receptive to the notion of giving their minority employees pay raises or increased work schedules just to achieve parity with other employees.

My Decision

I don't think that there is an easy answer in many instances for the challenges that Walmart faces. There is a certain amount of number crunching that…. [read more]


Impact of Big Data on Business Strategy Term Paper

… ¶ … Big Data on Business Strategy

Business Strategies

The competitive nature of today's business environment is driving companies to use technology driven business strategies (Berman & Hagan, 2006, p.28). Big Data and technology are undoubtedly impacting on business strategy progression. The research indicates that Big Data offers real-time application, which allows businesses to move information to analytics tools from various systems and sources. The ability for a business to analyze the behavior of a consumer based on experiences depends on the ability of their Database system to load, transform, analyze, and present data. Technology is finding wide application in organizations, creating opportunities for strategy formulation, implementation, assessment, and evaluation. This research finds it necessary to identify key technological advances that are affecting business strategies…. [read more]


Business Communications the Company Essay

… Business Communications

The company is currently considering an expansion of its operations into the global arena. As a result of the organization specific features, initial emphasis was placed on China, due to its ability to present the economic agents with cost efficiencies at the level of the labor expenditures. But a more thorough analysis has in fact revealed that the more appropriate destination would be India.

The company only intends to outsource a small percentage of its operations into the foreign country, and this specifically means that it requires the support of a country specialized in diversified, customized and particular operations. While China does indeed offer the highest cost efficiencies, it is traditionally characterized by mass production, whereas India offers operations on niche sectors, just…. [read more]


British American Tobacco Company: Business Essay

… edu). Honest people recognize both the statements and ideas that would be lies and the truth and gives weight to them both as reasons to not make or make certain statements. However, it's the honest persons' reasons and choices regarding the honest and dishonest actions that show the virtue at work. One cannot simply attribute a single virtuous action to a person and determine that as demonstrating virtue, rather it's the entire life choices that culminate into demonstrating whether or not a person has virtue. For instance, with an honest person one chooses, "…where possible to work with honest people, to have honest friends, to bring up her children to be honest. She disapproves of, dislikes, deplores dishonesty, is not amused by certain tales of…. [read more]


Corporate Social Responsibility Literature Review Essay

… According to the authors of Milton (2011), it is more worth for the society to learn and know of the realities that face them rather than simply believe in their impossibilities to solve. For instance, Milton (2011) takes an example that when a citizen takes to the stage and demonstrates what is supposed to be done to curb certain problems, people thus find it easy, and they move forward into putting it in practice. The present society is made up of individual people whose focus is to embrace individualistic social norms whose future trends result in tribal alienations, collapse of military units, and sporting systems in the world.

This is not the tale of a real social corporate social responsibility. The reason behind this notion…. [read more]


Business America Is a Nation Term Paper

… In relation to American business culture, the hierarchical chain of command surpasses individual relationships (Ball, Et al. 132- 146).

Furthermore, individual competence, professionalism, and responsibility for personal performance are significant in American business culture. For this reason, subordinate seek help from managers incase of complex cases. These are concepts that also contribute to extremely work ethic often faced in America. As opposed to some Asian countries, America is reluctant in supporting the development of personal relationships within business culture. In America, the general goal of business is to preserve a quality deal, thus, developing company relationships are of significant value. Americans are very clear in making distinctions between the workmates and friends in their daily life. In America, business meetings remain formal and minimum time…. [read more]


Business Ethics Term Paper

… Business Ethics

There are not too many greedy people who want to live a life of greed or the overwhelming desire to acquire and sit on top of piles of money (Putnam 2003). Most people just want to live in convenience, send their children to school and avoid financial stresses. The clash between principle and profit in business, win the struggle against the temptation of greed and make a principled stand may involve certain considerations and steps. The business person must be clear about his ethical principle or philosophy on money matters and this should be the foundation of his business. Then he must establish and confront what is most important in his life. Children form values from what their parents show and teach them.…. [read more]


Rugby Relief s Business Plan Business Plan

… These organizations have relatively minimal number of young volunteers because the majority volunteers are older and retired individuals. These organizations target and enlist volunteers depending on their specific goals and objectives as well as their target population and area of operations. A significant portion of the existing church-based organizations carry out activities that are geared towards enhancing community development and helping the needy.

Pros and Cons of Rugby Player Workforce

The advantages of having a rugby player workforce for a volunteer organization include endurance, teamwork, a wide range of skills, creative problem solving, sociable, community culture, rugged, kindness, and existing network. On the contrary, the disadvantages of having such a workforce include rugby season conflicts, cultural sensitivity, carelessness and overzealous, short attention spans, drinking/partying, and…. [read more]


Corporate Social Responsibilities Term Paper

… ¶ … responsibility of companies has historically been defined in purely economic terms. For example, Friedman (1990) considered maximization of shareholder wealth as being the sole objective and responsibility of a well-managed company. This perspective, though, generally viewed corporate social responsibility activities as a distraction rather than a goal. From this perspective, any expenditures of resources in the interests of social responsibility was at the expense of shareholders, and the interests of shareholders and other stakeholders were defined implicitly as conflicting and mutually exclusive. Today, though, stakeholder theory maintains that stakeholders should be considered as an important component in a company's overall business plan. By sharp contrast, neoclassical economic theory treats companies as unitary actors that seek to maximize their profits. The stakeholder approach to…. [read more]


Business Impact of Exxon and Ethical Considerations Term Paper

… Business Impact of Exxon and Ethical Considerations

When discussing business ethics, one corporation, in particular, often comes to mind Exxon.

Since the late 1980s, Exxon has been the poster child for unethical corporate conduct.

The ecological disaster that occurred in Prince William Sound following the Exxon Valdez's running into Bligh Reef and spilling millions of gallons of oil is infamous. The scandal at Grand Bois, Louisiana further exacerbated the organization's poor ethical reputation.

Good people, acting as corporate agents, can make harmful decisions. By understanding the ethical implications of their decisions, senior executives may be able to avoid making these harmful decisions in the future. In addition, presenting the ethical and business implications of the experiences of Exxon can reiterate the importance of raising ethical…. [read more]


Business Ethics Book Review of Corporate Ethical Term Paper

… Business Ethics

Book Review of Corporate Ethical Philosophies

Business ethics may not be an oxymoron, but one must be clear as to what one means by business ethics in a corporate context. Ethicists cannot subsume a code of business ethics into other, more inchoate notions of social responsibility and personal virtues. In fact, letting businesses make their maximum profits and thus indirectly benefit society by generating revenue may actually the ultimate ethical action. Or so say libertarian economists Tibor Macham and James E. Chesher. The government that governs best, governs least suggested Thomas Jefferson, in regards to government involvement in the individual lives and wills of the American populace. Yet according to the current laws of the American nation, the corporation is an individual entity…. [read more]


Milton Friedman Term Paper

… ¶ … Social Responsibility of Business is to Increase its Profits" by Milton Friedman, a lot can be learned about the beliefs regarding business ethics of some people in the early 1970s. According to Friedman, businessmen are preaching socialism when they speak of improving social conditions and the need of businesses to be serious about their responsibilities of providing employment, ending discrimination, and avoiding environmental harm through means of reforming the business world. These are, in fact, socialist concepts, although business majors from universities across the nation will claim these are concepts of the free enterprise system alone. Friedman finds it to be ridiculous to refer to the responsibilities of business, as businesses and corporations are only artificial people and will therefore only have artificial…. [read more]


Business Policy Analysis Case Study

… Business Policy Case Study Analysis

Key events Matsu*****a

The first key event for Matsu*****a was its breakthrough in the Japanese market in the early 1960s with a broad product line and 25,000 shopping points.

One other key event around the same period was the trade liberalization that translated into the company's first internationalization attempts. This process was particularly hard for Matsu*****a because the company didn't succeed in collaborating with local retailers to sell its products, which is why it had to open its own selling point. However, its brands were not known in the American and European markets.

The company's decision to shift part of its production to low wage countries in the mid 1960s was a major step that helped the company avoid the…. [read more]


Business Ethics Ethical Issues Essay

… On the blame of child labor by the Media, society, and international agencies, Apple's Tim Cook said that Apple is a socially responsible corporate entity which has more concern for the society and its customers rather than its profits. He argued that Apple is familiar with the unethical business practices which Foxconn had instituted at its workplace (Hinks, 2012). Therefore, it has forced it to bring improvement in its working conditions if it wishes to continue its services with Apple. Taking the services of Fair Labor Association (FLA) is another significant step which Apple has taken to perform regular audits of its suppliers and production houses (Snyder, 2012).

Recommendations:

Keeping in view the consequences of this ethical issue, it is strongly recommended that Apple should…. [read more]


Business and Society Ethics Research Proposal

… Business Ethics

Dick Grasso was paid compensation that was deemed to be excessive. Grasso's compensation at one point was in the same ballpark as what the NYSE made. The scandal had poor optics - it looked bad on the NYSE to have paid their top executive so much.

The stakeholders are Grasso, the NYSE, and Eliot Spitzer. Grasso's stake is personal reputation and over $100 million. The NYSE's stake is their reputation. Spitzer's stake is also reputation, that of himself and that of the state of New York's control over the stock market.

The NYSE has no social responsibility to pay Grasso a salary within any band. The board of directors of the NYSE is free to pay Grasso whatever they want, and he is…. [read more]


Business and Ethics Essay

… I thereby have the obligation to convert this alternative into a plan or a series of activities, and execute the plans in accordance with the concerned departments.

The most recommendable alternative is the formation of working groups, which include management representatives, communications professionals, as well as internal and external counselors. In this alternative, the coordination amongst the regulatory teams, public statements, quality assurance team, advertisement teams, and the team involved in protocols for addressing the consumer inquiries are quite essential to the company's management. This strategy helps in keeping the company on toes through the development of an ethical communication plan (Cockburn, 2005), which consequently helps in building a constructive relationship between the company and its target market hence good customer relationships. It would be…. [read more]


Business Scenario on Parent Company Fedex Thesis

… Business Scenanario on Parrent Company FedEx

Pacific Express in Kava

Setting the basis for the new Federal Express office in Kava is a more challenging task than initially assumed. For once, there is a growing need for a more organized and well structured logistics system -- this element is pivotal in any economic entity, but even more so with PacEx (Pacific Express), since delivering packages and general logistics represents the main focus of its business operations. Then, another issue is given by the necessity to train people, which is sadly expected to generate some shortages. The desire to train the indigenous population and introduce it to the concepts of organizational culture, as forwarded in the western parts of the globe, represents, in its essence, a…. [read more]


Business - Canon, Inc. Company Summary Report Essay

… Business - Canon, Inc.

COMPANY SUMMARY REPORT: CANON, INC

Company History, Products and Market: The Canon company was founded in Tokyo, Japan in 1937, from where it currently operates a worldwide business throughout Asia, Africa, Europe, the Middle East, and the Americas (Canon Global, Inc., 2008). Its American subsidiary is Canon U.S.A., Inc., with a national corporate headquarters is in Lake Success, New York, approximately fifteen miles from New York City.

The company designs, develops, manufactures, and markets a comprehensive line of professional business and consumer imaging equipment and information systems intended to enable its customers to produce and publish information in multiple media.

The Canon product line includes copiers, printers, image filing systems, fax machines, photographic and optical equipment and accessories, camcorders, scanners, and…. [read more]


Rubber SAP Middleman in Thailand Business Plan

… Rubber SAP Middleman in Thailand

Business Plan: Rubber SAP Middleman in Thailand

Business Opportunity and Vision

My business idea is to establish an intermediary (agency) business in rubber. The business will see the buying of sap from the farmers, treat the sap so that it can be stored, and finally sell it to the market when at a good market price. The opportunity that the business seeks to take is to store sap until when the market prices are good and sell the sap at a profit. The market projections indicate that the sap industry has been expanding although the farmers have suffered due to extortion by low prices. The competitive advantage of this business model is the presence of land will add up other…. [read more]


Business Ethics a Broad Definition Essay

… Business Ethics

A broad definition of ethics in your own words that demonstrates your understanding of ethics in business

Ethics is when you are taking the most morally correct ideas and are applying them as standards for everyone, within society or an organization to follow. In business, these ideas are taken one step further and applied to how they relate, to the way a business will interact with its customers on a daily basis. Where, the actions of executives will determine how profitable an entity will be in the future. As the overall amount of ethics will decide if a company is providing customers, with a service / product that creates value or one that is solely concerned about its bottom line. (De George, 2005)…. [read more]

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NOTE:  We can write a brand new paper on your exact topic!  More info.