Fifth Business

Business Plan Outline: Zahorsky identifies the next step as follows: “A business plan outline is the second most important starting point once you've pre-determined your audience. The business plan outline should be prepared before the actual research and writing of the business plan.” During this step, it is also pertinent for one to decide: “Who is your target consumer? Will it be men or women? Old or young? Individuals or businesses and corporations? Local consumers or long distance consumers…

is concerning the cognate strategies used in business writing. There are nine cognate strategies, which are “clarity, conciseness, arrangement, credibility, expectation, reference, tone, emphasis, and engagement” (McLean, S., 2010). I will discuss the first five of the nine cognate strategies. Clarity is important in business writing because it helps the receiver to easily read and understand the message. For example, I have used clarity in my business to inform my tenant to leave my place. An…

the Blue Ash Business Association. The main object that this research will focus on is how business associations contribute to the community? The ethnography research will be observing and understanding the meeting of the Business Association and conducting interviews with some members in the association. This research also will identify some lexis and language that members use during their meetings. The point of this observation is to answer the research question of how do Business associations…

ways. The great benefit of this industry is that it’s extremely focused on laor, and many of the businesses that operate within it are only small businesses and micro operators. This means that every money coming into the industry is felt quickly by business owners and staff, and is directly related to an upgrade in the local spendings. For a community with the potential to become a tourist destination, there are is a huge variety of advantages. It’s also beneficial for people who choose to…

build their product and business plan with their groups. Roles are handed out for the students to complete throughout the day. This ensures that everyone is on task and working. In addition, they will each be completing the questions on the EdPuzzle. As the video plays, there will be pauses in which the students must answer a question. Those responses are recorded and reported to the teacher by the program. Finally, in Lesson three, the students complete their business plan, creation of a…

A business can develop by organic growth or inorganic growth. Organic growth is when a company increases the turnover of its existing business. Inorganic growth describes how a business grows by joining one or more companies together. This can be done by two companies joining by agreement or buying at least 51% of another company’s shares. Furthermore, integration can happen in two ways: horizontal integration, where two joining firms at the same stage of production, and vertical integration,…

Why the Apple Store is Changing its Name, the company, Apple, is choosing to take its current store locations and redefine them by changing their names and adding a unique twist to them. For instance, in New York, the new store would be called Apple Fifth Avenue, instead of the generic Apple Store and giving reference to the well-known tourist attraction. While this may seem like a great idea right now, Apple is going to have to consider how much of an investment they are willing to make in…

Every business has their own strategies to increase the sustainability of their business over the long run with the purpose of maximizing the shareholders’ wealth. There are many ideologies and strategies being implemented with the purpose of generating long term profitability of the organization. Michael E. Porter has designed and developed the Five Forces framework to help the companies to assess the nature of an industry’s effectiveness and also the organization strategies. With the framework…

interest in the idea of numbers and business. The idea of how statistics and data leads to determining how the economy would react during a time of recession in the business cycle fascinated me. Both classes allowed me to confirm that I belong in the business world because I would be able to use my interest in both math and economics to my career. As I applied for colleges, I wondered what I should major in? I know I belong in…

to imitate. Third test, helps the company keep in mind to look at all things granular which makes it also harder for competitors to copy all those little steps. Fourth test, tests to see if your company is innovative and keeping up with times. The fifth test helps to determine if your company looks different from other competitor(s) which is the goal, to be different from your competition.…