The factors that play a significant role in the placement of these two different businesses are actually the same. Supply and demand are the most significant factors of all. Where is there a strong need for this product, where can production take place to insure efficiency as well as insure that the location is cost effective? A plan is needed to map where the business is starting, as well as projected growth for business in the future (Graham, 2003, pp. 1-4). Another important factor is whether one's business would lose money, time, or productivity in regards to location. These factors all play significant roles in determining where to locate a business for optimum proficiency and productivity (Covey, 2004, pp. 2-3). It is easy to overlook questions like; where does one locate a business, and what factors play a role in the decision making process. Market research is a method that continues to maintain its usefulness. Until this resource becomes used to the fullest potential, there is the possibility of missing key market specific information. Not only will ones business depend on location, but also one will be "planting your business tree" there and will need to able to maintain it for years to come. The worst thing one can do is pick a place because it is less expensive....
One's address can be the first thing people will ask for, and it can say a lot about ones business (W, 2005, p.1).
Some of the above options (especially on-site daycare) can be provided at a minimal cost to Calls-R-Us. Another method of increasing employee satisfaction (and in turn, productivity and retention) is to give employees more autonomy-in the form of flexible schedules or a compressed workweek (Schmidt 299). Allowing employees to select their own schedules-if even by half an hour each shift-gives them more flexibility in their personal lives, increases their job
Management Principles Management Leadership Model Paper: Management Principles Research suggests that everyone is a manager in their own way. For instance, everyone manages his finances, time, careers and relationships. These examples of managing are simple and straightforward. However, when concepts of management apply in organizations, management becomes complex. At such a point, it calls for extensive studying in order to understand the theoretical basis of management. The application of management and the enunciation
Managing Professionals in Virtual Environment As technology has evolved, the reality of virtual organizations has begun to take hold in a variety of industries. It is now commonplace for employees to work, at least in part, from offsite. Telecommuting is a reality that has allowed companies to reduce costs, become more competitive, and facilitate happier more productive employees. Virtual employees, or "telework is one of the most radical departures from standard
Managing Reebok History of Reebok The company of Reebok started in England in around 1890 to provide shoes which could help athletes run faster. The cleated running shoes were developed by Joseph William Foster and he had then started a company to make hand-stitched athletic shoes for the runners of that time. The enterprise continued in that manner and started with the name of Reebok International due to the starting of a
Managing Advertising, Sales Promotion, Public Relation and Direct Marketing Hundreds of theories exist that examine, outline, define and analyze the best methods for managing advertising, sales promotion, public relations and direct marketing campaigns. Slick advertising agencies offer manufacturers and retailers a variety of tools that do in fact support the advertising and sales promotion process. The primary key element however, that is common among all of these areas, and the one
Management Styles Fool-proofing a service operation. In the banking industry, a significant service industry in any country, optimized operations are essential to ensure that the public has maximum confidence in the operators of this industry. Bank of America and its operations have been selected for discussion in this study. The bank has grown tremendously in the past few years. CEO, Ken Lewis realized that the bank could gain a wider market share
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