Business process

clarify the business type of potential buyers, the products or quantities they are looking for to identify potential interests from the suspects. On the other hand, qualifying a prospect is a process of asking questions to find out if the buyer can become a profitable customer.…

Between success and failure lies a very thin line, so thin that companies become vulnerable in thinking that a failed opportunity equates to the downfall of their brand. Some companies may even assume a misstep in their strategic initiatives could be the death of their company. That distance between success and failure, while not very far apart, encompasses a grey area that includes the painstaking but valuable takeaways derived from failing to meet a desired or perfected outcome. The case study…

Introduction: One of the most recognized methods for integrating supply chain and measuring their members’ performance is the supply chain operations reference (SCOR) model. The SCOR model is used as a supply chain management diagnostic, benchmarking and process improvement tool by manufacturing and service firms in a variety of industries around the globe. Some of the more notable firms have success using the SCOR model include Intel, IBM, Cisco, Siemens etc. striving for the best…

Retail Promotional Strategies Designing a detailed, comprehensive, and well-integrated retail strategy is a critical component of any retail business. Reminiscent of the old colloquialism “Shoot for the moon, even if you miss, you 'll land among the stars” although astronomically inaccurate, it rings true of the great importance of having goals. The retail strategy not only discusses the goals of the company, but also lays out a detailed, specific plan on how to achieve those goals. The…

BENEFITS OF SOCIAL MEDIA MARKETING Marketing is the process of planning and executing the conception,pricing,promotion and distribution of ideas,goods and services to create exchanges that satisfy individual organizational objectives.Social media marketing,therefore, is basically the use of social media platforms to promote products and/or services. Social media marketing consists of actions taken to build and maintain desirable relationships with target audiences involving a product,idea or a…

organization will be conducting a financial audit throughout the organization. This audit will be conducted by Deloitte. Deloitte is an independent auditing firm specializing in the sport industry. This firm provides financial services in accounting, process improvement, data analytics and risk advisory (Deloitte, 2016). The financial audit will cover the records of the Phoenix Suns’ previous seven fiscal years. This audit will ensure the Phoenix Sun’s financial information is correct and…

1) Current organizational structure Wesfarmers Limited is listed company indulged in retail, chemical, fertilizer, coal mining as well as industrial safety products. The company is the largest company by revenues size in Australia. The company has been majorly present in retail store however it has recently started to shift to e-commerce. The organizational structure of the company is of two types. One for the division in the organization and other is one for the human resources of the…

social change. I enjoy helping others reach their personal and professional goals. To promote positive social change, I teach business courses to high school students who become first generation college graduates. I teach college courses to high school students that become the first person in their family to receive a college degree. I teach introduction to business, personal finance, and human relation classes to high school students at their high school campus. I am able to provide…

Planning sets the foundation of an organization and is one of the most fundamental components of business operations. Resource planning provides business leaders with an opportunity to develop strong strategic decisions through clear direction, collecting and analyzing information, anticipating problems, and managing change. Additionally, resource planning involves the internal analysis within the organization and the external analysis of the industry and its competitive environment.…

to invent patenting procedure compared to the most recent changes in the law to switch over to first to file, is that the first to invent system not only ensures creation but also its use. In order to receive the priority for the patent in the old process, the inventor not only had to have the idea, but he or she also had to be able to provide a prototype. This ensures that the patents would not be left without creation. The idea of first to invent is promoted in the Constitution, granting…