It took my group almost two months to make a fully functioning business that would serve the students at Cardinal Carter. Every detail was brainstormed and decided upon so that we could offer the best product to our customers. The first step was to create a product that we believed that students wanted and that product was Belgian Waffles. The next step was to create a business around the product, this included the name, the slogan and every detail that you could imagine. With the name and business idea finalized, the ultimate challenge was how to present the product to the customer. In this day of age, the quality of a product does not matter as much as it's appearance, but our goal was to make a quality product that looked great and also …show more content…
One of the things that I noticed was that our table could have looked better. Brighter colours and even lights would have made us stand out from the other groups. I saw that one of the Market Fair groups had professionally printed their logo, it looked great and made the group look professional. The cinnamon waffle group made their product at school, which made it warm and even fresh, just what Carter Students want. The difference between the waffles was that theirs was smaller and took less time to make unlike ours which took two hours to make just 50. With more time to prepare it could have been possible, but the only issue was that to cook one waffle, it takes four minutes. We decided on a compromise that we would make them the day before, freeze them and then defrost them at home and bring them right before lunch A started. While looking at the expenses I saw that we could have saved at least ten dollars. The more we save the more profit we could have made. These are the lessons you learn from …show more content…
The reason organization is important, is because without how are you going to be an effective business. When you are organized, ideas are clearly stated meaning that you and the teacher know exactly what you mean. Being organized also means that your goals are easier to achieve since your path is already drawn out for you. Keeping receipts, managing money, storing important documents, knowing who does what. Organization is so important, you will be marked on it during the Market Fair. Another great lesson I learned is to bring change in low denominations such as quarters but also bring toonies for people who have large bills. When dealing with customers, treat them with respect and do everything in your power to convince them that they should spend money on your product or service. Never forget to smile when talking or dealing with customers since it makes them feel welcomed and it also displays a good image on your
There are a various number of Asian gangs spread throughout the United States. One of those gangs includes the Asian Boyz Crisps. This gang was originally established in southern California but does have some groups on the east coast. It was founded in the 1990’s by Marvin Mercado who is also referred to as “Shy Boy.” This gang is made up by a diverse group of Asian gang members, that all come from different ethnic backgrounds. There group includes people from Vietnamese, Cambodian, and Korean decent. There are several other races that join the gang. Asian Boyz has a strong alliance with the Crips and Vietnamese Boyz. They also align themselves with some other local gangs. Their main rivals are the Wah Ching Gang, due to a shooting that happened
You shouldn’t have to do a lot of preparing”. Doing the job right the first time, and every time is the best way to be equipped. Lastly, organization and communication is vital to every aspect to running a business smoothly. It helps produce the best practices, keeps business flowing efficiently, and transfers a sense of clarity when an individual knows where documents are filed, deadlines, maximum expenses, and simply knows what is going on within the organization. Confusion and chaos is minimized so all services can be maximized for the benefit of core members.
1. What environmental issue does the New Belgium Brewing Company work to address? How has NBB taken a strategic approach to addressing these issues? Why do you think the company has chosen to focus on environmental issues?
Ludmilla and Igor, the founders of Iggy’s Bread of the World, had a fairly defined objective of the type of communication network they aspired to create in their growing company. As the case study outlines, the mission statement clearly emphasized that the owners wanted to cultivate a very communicative and caring environment. The following excerpt from that mission statement illustrates many wonderful characteristics designed to achieve that goal; “Our priority is to learn to work well together, and to create an environment that fosters communication and personal growth. Honesty, mutual respect, sharing and caring for the people and the planet are the values on which our business is based.” Both of the founders had a
Therefore, it really needed a strong product that responded the market’s needs and wants so that the product could speak itself in order to survive the keen competition.
Larry and Bobbie Merritt jumped straight into the American Dream in 1979 opening their own business, The Cake Box in Tulsa, Oklahoma. They started out in a small 450-foot store where they were the only employees, with the division of labor consisting of Larry baking the cakes and Bobbie decorating them. While Bobbie had decorating skills already, Larry was learning as he went. Previously Larry worked in management but he dove head first into baking, spending countless hours learning his new trade. Whether it be in the library for research, or through baking by way of trail by error he was determined. Sales started off slow, but the business began to grow when a game changing opportunity presented itself. The opportunity was the chance to purchase a donut shop mere footsteps from their current store. The purchase allowed them to double their physical space and brought about a new change in their business. No longer satisfied with baking cakes, they became Merritt’s Bakery. Along with the name change came a business shift as they increased their products and added new staff (McShane & Von, 2015).
Every company has their own theory and goals behind what they overall want to see or become. This paper is written with intent to help better understand a real life situation that took place at Guitarras Dominquez. When a company first opens their doors for business, they use high end material to show the essence of quality in their product which will allow for growth in their customer base. Do you ever wonder how a company gets far in doing so? Intention from the start of a business does not include cutting corners and saving money, but eventually with budget cuts and business plans they tend to become necessary.
When it comes to business as any organizations it requires a structure, based on the resources and demands organization can changed or modify their structure. The most common two structures are vertical and horizontal structure which we see every business organization in global market (Bateman & Snell, 2011). In today’s any business organization theirs and important trait is not only the structure, it is the functions within the organization. An organizing function in management highlights the practices individuals use to interact and work with each other. There are many business organizations that are very successful in their own
Why organization skill is necessary for the Manager? Organizational skills allow the managers to determine the supplies they need, how to manage and arrange the files. Organization skills can help you to plan and organise your time so that you can meet the deadlines of a project. Organization skills can help you to deal with all the resources available internal or external to the manager.
Nearing midterms, many students are working on big projects that are detrimental to their grades. One grade 11 class however, managed to turn their CPT into a charitable and community involving event. The students in question, Jena, Yunqi, and Curtis, from St. Augustine CHS, has created a daily bake sale in their cafeteria for their business class. Starting with only a few store bought cookies, the three to-be entrepreneurs have expanded their booth to include handmade decorated cakes, cupcakes, french pastries and even Asian styled sweets. Their reason for such devotion to this project, Jena revealed, was because they wanted to raise money and awareness for homeless youth. “ We just wanted to make a difference,” Jena said, “We thought that
Its primary objective was, simply put, to become the “most recognized and respected brand in the world.” This objective required most of the
1. Brand awareness – being a newcomer in the market will create difficulty in gaining acknowledgement; however, I feel we have a terrific product and a solid business model that will eventually speak for itself.
This company has made efforts to make the brand memorable, easily recognizable in the eyes of the end customers. The product has been delivered in superior quality and reliability. The equity of the brand is positive if people are ready to pay more for the branded product than the generic one.
As a startup, you might not have had the time to dedicate to administrative-type tasks like bookkeeping and contracts. In the beginning, there’s not much to be organized anyway. However, a lack of organization looks messy to outside buyers. While it works for you in this stage, it can instill doubt in potential buyers. Don’t make things hard for potential buyers by leaving things a mess. Focus on these areas
This section explores case studies of the Hero Brand, Mary Biscuit and the Intelligent Lamp in order to understand how olfaction and visual aesthetics contribute to product development. Emphasis is given to how consumers are influenced in terms of aesthetics and olfaction which serves as opportunities to create new and innovative products that are likely to meet with significant customer interest for consumption.