Tag: Business

What are the four aspects of the business environment, and how can one write a research paper on them?

What are the four aspects of the business environment, and how can one write a research paper on them?Tony Caruso had not returned for dinner, and his wife, Karen, was nervous. She put on some sandals and hurried across the dunes, a half mile to the ocean shore. She soon came upon their dog, Blue, tied to an old picket fence. Tony’s shoes and clothing were piled neatly nearby. Karen and friends searched frantically throughout the evening. A little past midnight, Tony’s body washed ashore, his lungs filled with water. A local doctor concluded he had accidentally drowned. Karen and her friends were not the only ones who were distraught. Tony had been partners with Beth Smiles in an environmental consulting business, Enviro-Vision. They were good friends, and Beth was emotionally devastated. When she was able to focus on business issues, Beth filed an insurance claim with the Coastal Insurance Group. Beth hated to think about Tony’s death in financial terms, but she was relieved that the struggling business would receive $2 million on the life insurance policy. A little past midnight, Tony’s body washed ashore, his lungs filled with water. Several months after filing the claim, Beth received this reply from Coastal: “Under the policy issued to Enviro-Vision, we are conditionally liable in the amount of $1 million in the event of Mr. Caruso’s death. If his death is accidental, we are conditionally liable to pay double indemnity of $2 million. But pursuant to section H(5), death by suicide is not covered. “After a thorough investigation, we have concluded that Anthony Caruso’s death was an act of suicide, as defined in section B(11) of the policy. Your claim is denied in its entirety.” Beth was furious. She was convinced Tony was incapable of suicide. And her company could not afford the $2 million loss. She decided to consult her lawyer, Chris Pruitt. This case is a fictionalized version of several real cases based on double indemnity insurance policies. In this chapter, we follow Beth’s dispute with Coastal from initial interview through appeal, using it to examine three fundamental areas of law: the structure of our court systems, civil lawsuits, and alternative dispute resolution. When Beth Smiles meets with her lawyer, Chris Pruitt brings a second attorney from his firm, Janet Booker, who is an experienced litigator, that is, a lawyer who handles court cases. If they file a lawsuit, Janet will be in charge, so Chris wants her there for the first meeting. Janet probes about Tony’s home life, the status of the business, his personal finances, everything. Beth becomes upset that Janet doesn’t seem sympathetic, but Chris explains that Janet is doing her job: She needs all the information, good and bad. Janet starts thinking about the two methods of dispute resolution: litigation and alternative dispute resolution. Litigation refers to lawsuits, the process of filing claims in court, and ultimately going to trial. Alternative dispute resolution is any other formal or informal process used to settle disputes without resorting to a trial. It is increasingly popular with corporations and individuals alike because it is generally cheaper and faster than litigation, and we focus on this topic in the last part of this chapter. ^ use this source from the chapter PLUS an outside source please.

Write a research paper on the 4 p’s of marketing and how they relate to your business.

Write a research paper on the 4 p’s of marketing and how they relate to your business.Write a summary explaining how each of the 4 Ps you learned about relate to your business. (Tree and Landscaping company) 1. Product • Should satisfy customer needs and be distinguishable from the competitions • Products differ greatly in the degree to which they can be differentiated 2. Price • Price determines your revenue • Complex decision • Start with looking at the costs of producing and marketing the product • Understanding a product’s cost will help you meet your costs and include a margin for profit. 3. Promotion • Promotion is very important • Customers need to be made aware of your product • Promotional activities usually grouped into 5 categories: – Advertising, public relations, personal selling, sales promotions, and direct marketing 4. Place • Includes all decisions that affect how, how much, where, and when the product is made available to customers • An agribusiness sells goods either directly to customers or through an intermediary

What challenges do you face in reaching your career goals?

Share your expectations of your current or future career based on: a) the education you are obtaining, b) the labor market as you currently understand it, c) what you would like to achieve in your career over the next 3–5 years, and d) your dream role within an organization (or your own business). What challenges do you face in reaching your career goals? What makes you confident in your ability to achieve your career goals?

Write a research paper on the topic of business research and analyse the variables that have affected the way your chosen company has operated.

Write a research paper on the topic of business research and analyse the variables that have affected the way your chosen company has operated.

Describe the elements of a business improvement strategy in your research report.

Describe the elements of a business improvement strategy in your research report. This should consist of specifically FOUR detailed Buckets/pillars. We should put them so they mainly focus on Growth, Customer-centric, and employee engagement. See below for a brief of the background. I have two regions South West and North West and I have four reports. Vicky (BM for NW), Nevil (BM for SW) and CC as a Manager for PreSales SW and GD PreSales manager NW. NW Region: The NW is run by Vicky who is relatively new and considered by the team as being very abrupt and sometimes comes as rude to the 4 male sales managers and 2 of them are seniors and have been with the company for more than 20 years each. They always performed according to their sales target yearly. However, they are now considered lazy and not seeing customers as they should have. The other two are relatively new and hence generate fewer sales. The NW has NOT been performing well for three years in a row and we need a customer and employee engagement strategy to do a turnaround. (so need the four buckets here) Moreover, with this team, we have a consulting manager who specifies our products, but he’s been slow as well. We have added a new guy as a Business Development manager who works now on the applied products. Those products generate more opportunities for the NW team as they are higher in value, and we have a good product range but a relatively low market share. So I consider it a game changer for growth. What Can I do to help the team pick this strategy where other regions have been successful at it and bring my sales managers to change their comfort zone in selling the legacy products called DX and start engaging more in the Applied products? Pls note that our CAGR on DX is stable but not huge but Applied has grown at 50% yoy within the group. Vicky is now policing the team and asking them to do new things for the sake of customer-centric. For customer engagement – she came up with a weekly scheme where customers guess the football match results and the winners get breakfast from the sales manager. Personally, I’m not happy with this scheme as it involves picture taking which some of these sales managers don’t like it. But I need different ideas that can compete/better than this one. Also the Pre-sales team is not performing very well and the quotes and telephone answering has been weak. This weakness has now been put against their KPI and we are monitoring it closely. We also asked the team to come back to the office instead of working from home. I need a project that can improve this scheme. SW: Contrastingly the South West have Nevil who has just been promoted and similarly has 4 sales managers. But they have been performing better than NW. In fact their sales have increased by 40% than LY and are now setting a new record. This is on the back of their product diversification with Applied products. Also, their Pre Sales Team (PST) is performing and producing accurate quotes and bigger values. They have to feel for the market and they entertain their customer maybe better. Overall we need to motivate the team and set accountability plus different strategies. Since I joined as their Leader I have been monitoring and trying to see what new strategies that keep them going as the SW has increased their sales by and spending my time 60% NW 40% SW. I need these four buckets /strategies to be shown. Customer Centric and Employee Engagement Also: South West/NW § Leverage brands (Good brand which is known internationally) § People, hire and retain the best talent. (Do I need one more salesperson?) § Engineering and technical support to customers & consultants § Train our staff to be the best and most trusted consultants § Go to market strategy Specific to NW: Improve poor sales strategies such as § Price-based selling (how can we improve this as they are used to certain discounts?) § Increase Visits (already on the case but is not working with older generation but with the KPI and bonus scheme in place we may see this moving to that direction) § Presales team improve level quote and turnaround quality vs quantity (how can do this) § We quote everyone and need to priorities. § Etc (add) Also, culture change is required • Need to ask staff to come to the office regularly – (already done that just recently) • Improve Project Intel (working on this) • Etc • More Customer engaging events (Plus the above, we do sporting events golfing/factory visits etc Any other ideas would be appreciated?) Last but not least – I have a fair amount of resistance from the team with some talking to my line manager and taking approvals without referring to me. Since he knows them well before I joined the business. We need to have some clutch on this and they should trust me.