Marketing Plan for Uob - 9801 Words

Executive Summary UOB has been the market leader in the field of credit and debit card businesses since it was established in Singapore in year 1935. Through its long historic accomplishment, it is now the leading bank in the Asia Pacific Region. UOB Lady’s Card was launched in the year of 1989, targeting women, with a comprehensive understanding of the needs of women and the desires of their heart Over the next twelve months, UOB will re launch the Lady’s Card into the market, with greater benefits and privileges exclusively tailored for women. This is done so that the card may remain relevant as more and more women are stepping into society and that the mindset of the generation presently are completely different as compared to†¦show more content†¦http://www.uobgroup.com/assets/pdfs/about/news/2010/news_18amay10.pdf Company Mission Statement The mission statement of UOB, state as: â€Å" Our mission is to be a Premier Bank in the Asia- Pacific region, committed to providing Quality Products and Excellent Customer Service.† (UOB Group, 2012, Our Missions and Objectives, UOB Group, viewed 15 August 2012) http://www.uobgroup.com/about/story/approach/our_mission_and_objectives.html With the outstanding performance through the years of UOB, its mission statement has been realistic and it certainly have helped the company to stay on track and to achieve its vision of being a premier bank, as it has eventually became the top leading bank Asia and the Asia Pacific region. The mission has greatly equipped the bank with the right attitude and goals to help achieve its vision. By being committed to providing quality products and excellent customer service, it paved the way for great excellence which is a key factor to become an outstanding bank in comparison with the other competitors. Company Objectives Over the years, UOB objective is to be seen and be known as a leader in the field of consumer and commercial banking services in the region. And to do so, they have came up with innovative treasury and investment banking products to provide an absolute solutions to their customers. Being theShow MoreRelatedMarketing Plan - Playstation 43832 Words   |  16 PagesUoB No 12001015 2 Table of Contents 1 2 Executive Summary............................................................................................................3 Situation Analysis...............................................................................................................4 2.1 Internal Environment...................................................................................................4 General.................................................................Read MoreMarketing Plan - Playstation 43825 Words   |  16 PagesUoB No 12001015 2 Table of Contents 1 2 Executive Summary............................................................................................................3 Situation Analysis...............................................................................................................4 2.1 Internal Environment...................................................................................................4 General....................................................................Read MoreNew Product Marketing Plan4260 Words   |  18 PagesSYNERGY 3-in-1 Laundry System Marketing Plan Laundry is no longer a chore with DIVA! Synergy TABLE OF CONTENTS 1.0 2.0 EXECUTIVE SUMMARY †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Pg 3 SITUATION ANALYSIS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...Pg 3 2.1 3.0 4.0 Target Market †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg 4 NEW PRODUCT INTRODUCTION †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pg 5 SWOT ANALYSIS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦......Pg 6 4.1 4.2 4.3 4.4 Strengths †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Pg 6 Weaknesses †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Pg 7 Opportunities †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreLenovo: Brand Observation Portfolio5352 Words   |  22 Pagesconcerned bus iness from IBM. Primary activities: Inbound Logistics; Operation; Outbound Logistics; Marketing and Sales; Service. Lenovo does all the operations from the cargo to the assembly production, from the product-sells to the post-sale service. This has helped company realize the large scale production and cost efficiency. In sales aspect, the company provides many kinds of purchases and the marketing channels. 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This function is based upon calculations performed by the CRM platform that produces profitability by asset and liability type followed by the complete drill down to all basic components such as profitability from deposits and loans. 3. Features -CRM platform should be available to all marketing staff, management and any other sales related area of Public Bank. The monitor screensRead MoreAn International Financial Services Group6096 Words   |  25 PagesPrudential Al-Wara’ Asset Management Berhad, launches in Malaysia. 2010 Prudential plc is listed on stock exchanges in Hong Kong and Singapore. Prudential enters into a long-term strategic bancassurance partnership with United Overseas Bank Limited (UOB) to distribute Prudential’s products across Singapore, Indonesia and Thailand. 2012 Prudential’s Asia fund management business is rebranded as Eastspring Investments. 2013 Prudential Polska is launched in Poland. 2014 Prudential acquires businessesRead MoreDtac Business Analysis38421 Words   |  154 PagesABSTRACT Date: Program: Course Authors Teacher Title Strategic question Purpose 2008-05-26 International Marketing Master Thesis International Marketing (EF0705) Parunya Vanasakul Ploychompoo Wankeao Supisra Arayaphong (830422) (850418) (831102) Tobias Eltebrandt The battle of DTAC in Thailand’s mobile phone operator market How can DTAC gain higher market share by focusing on customers in Bangkok? The purpose of this research is to investigate, analyze current competition between DTAC and otherRead MoreDtac Business Analysis38437 Words   |  154 PagesABSTRACT Date: Program: Course Authors Teacher Title Strategic question Purpose 2008-05-26 International Marketing Master Thesis International Marketing (EF0705) Parunya Vanasakul Ploychompoo Wankeao Supisra Arayaphong (830422) (850418) (831102) Tobias Eltebrandt The battle of DTAC in Thailand’s mobile phone operator market How can DTAC gain higher market share by focusing on customers in Bangkok? The purpose of this research is to investigate, analyze current competition between DTAC and other

A Brief Note On Environmental Impacts Of Fracking

Environmental Impacts of Fracking In 2011, a report released by the International Energy Agency claims the world is entering the â€Å"Golden Age of Gas.† The report shows that, with the increasing projects of fracking, gas use will escalate 50 percent and replace coal to become the second largest fuel by the year of 2035 (IEA). Correspondingly, one study illustrates the increased practice of fracking has brought $ 74 billion economic gain per year since 2007 (Dews). Also, one oil company claims that more than 200,000 jobs were created by fracking related operations. These statements point out the operation of fracking can bring robust economic benefits to the society. However, these statements only focus on the bright side of fracking. They did not indicate how fracking will affect the environment. Since 2010, fracking has raised many concerns about environmental impacts, including water contaminations, earth tremors, and air pollutions. Also, anti-fracking activists highligh t the lacking of operational information and data of fracking companies makes tremendous toxic substances flow into the earth. They believe government should enforce more transparencies and regulations on fracking companies. Despite of economic benefits, due to its immense environmental impacts, people should stop practicing fracking until scientific researchers ensure its safety. Fracking is a technique that can increase the gas production in drilling wells. The basic process of fracking is injectingShow MoreRelatedThe And The Revolution Of America s New On Our Children s Health And Future2119 Words   |  9 Pagestalking here about global warming, and â€Å"deniers† versus â€Å"warmists.† We’re talking about the game-changing new set of unconventional oil and gas extraction technologies and techniques collectively known as hydraulic fracturing, or â€Å"fracking.† Ask the most hardcore of pro-fracking boosters for their take, and they’ll describe the modern miracle of America’s new-found energy independence, a reality almost inconceivable just a decade ago. For them, the oil and gas boom around the U.S. has helped to rebootRead MoreExxon Mobile Capstone40455 Words   |  162 Pages................................................ 9   Level  1  Analysis .................................................................................................................................................................10   MACRO  ENVIRONMENTAL  FORCES  ANALYSIS,  ECONOMIC  TRENDS  AND  ETHICAL  CONCERNS .....................................................................10   Upstream  and  Downstream  Oil  and  Natural  Gas .......................................................................

Effect Of Coal Mining On The Environment And Human Health - Sample

Question: Discuss about the Effect Of Coal Mining On The Environment And Human Health Case Study Analysis Of Carmichael Coal Answer: Title of the research study Effect of coal mining on the environment and human health- A case study analysis of Carmichael coal Problem Statement Coal mining is considered as the initial step in the dirty lifecycle of coal that origin deforestation as well as releases toxic amounts of minerals and heavy metals into soil and water (Werner et al., 2016). In addition, the effect of mining coal actually perseveres for years after coal is uninvolved. The study had been conducted to understand the possessions of coal mining on the environment and human health for Carmichael coal. The company is a planned thermal coal mine in the north of the Galilee Basin in Central Queensland, Australia. Furthermore, mining is planned that need to be carry out by open-cut as well as underground technique. Aims and objectives The main aim of the research proposal is to highlight the effects of coal mining on the environment and human health for the Australian mining company named as Carmichael coal (Werner et al., 2015). In order to get insights of information, it is needed to have some important objectives and these are as follows: To understand the effects of coal mining on the environment and human health based on the Australian coal mining firm named as Carmichael coal To identify the problems and issues faced by Carmichael coal To provide Carmichael coal with suggestions that will help the company to get access to safe environment and healthy lifestyle of human beings Methodology: Literature sources As rightly put forward by Morrice Colagiuri (2013), bad mining perform actually ignites coal fires that can burn for decade, releases fly ash as well as smoke laden with greenhouse gasses and toxic chemicals. In addition, the coal mining actually discharges coal mine methane where the greenhouse gases are 20 times more powerful than carbon dioxide. Furthermore, coal dust gulp of air actual effect black lung ailment among miners and mine incidents that actually kill thousands every year As opined by Melody Johnston (2015), coal mining itself displaces entire communities, coal fires, contaminated water supplies as well as forced off their land and subsistence level in coal mines. Common health threats posed by coal mining According to Finkelman Tian (2017), black lung disease is caused when coal miners breathe in coal dust as well as carbon that harden the lungs. On analysis, it is noted that there is worse situation in the developing countries. Chronic constructive pulmonary disease, hypertension as well as lung disease and kidney disease had been found in higher than normal rates among the population who live near coal mines. In addition, toxic levels of arsenic, mercury and fluorine are emitted by coal fires that enter in the food chain and who live at nearby places. Therefore, mine collapses as well as accidents, in actual kill thousands of workers in and across the world each year Coal mining harms health of workers and residents Coal mining is the fossil fuel on the planet that actually represents both miners as well as local populations to physical condition hazards. Threat to mine workers- Individuals who work in mines or live nearby had to inhale coal dust and carbon that actually hardens their lungs and leads to black lung disease. Threat to local individual- Individuals who live near coal mines have elevated than regular rates of hypertension, lung disease and kidney disease. In addition, local communities actually suffer when there is occurrence of coal. These fires emit toxic levels of arsenic, mercury as well as fluorine and impurity that enter the air and food chain in the local society (Mactaggart et al., 2017). Data series and surveys The researcher will be conducting secondary research through use of qualitative data. Thematic analysis will be used by the researcher where they will use themes from the identified objectives of the research study. There are two types of data that need to be taken into consideration by the researcher such as inclusive data and exclusive data. Exclusive data are those data or information that is published before 2012. Inclusive data are those data or information that is published after 2012. In the present study, the researcher will be using inclusive data that is the most updated and useful ones as it consist of information that link with the present scenario. Outdated information serves no purpose in actual so it is excluded by the researcher at first place. Secondary sources of information are used by the researcher. The potential sources are journal articles, websites and books. References Finkelman, R. B., Tian, L. (2017). The health impacts of coal use in Australia.International Geology Review, 1-11. Mactaggart, F., McDermott, L., Tynan, A., Gericke, C. A. (2017). Exploring the determinants of health and wellbeing in communities living in proximity to coal seam gas developments in regional Queensland.BMC Public Health,18(1), 51. Melody, S. M., Johnston, F. H. (2015). Coal mine fires and human health: What do we know?.International Journal of Coal Geology,152, 1-14. Morrice, E., Colagiuri, R. (2013). Coal mining, social injustice and health: A universal conflict of power and priorities.Health place,19, 74-79. Werner, A. K., Vink, S., Watt, K., Jagals, P. (2015). Environmental health impacts of unconventional natural gas development: a review of the current strength of evidence.Science of the Total Environment,505, 1127-1141. Werner, A. K., Watt, K., Cameron, C. M., Vink, S., Page, A., Jagals, P. (2016). All-age hospitalization rates in coal seam gas areas in Queensland, Australia, 19952011.BMC public health,16(1), 125.

Beryls Chocolate free essay sample

Beryl’s Chocolate and Confectionery Sdn Bhd was established in 1995 with the mission to produce premium quality chocolate and fine confectionery delicacies. Quality, innovation and good services are Beryl’s priorities and commitments to consumers. Beryl’s chocolate use only the finest ingredients and materials to produce our products, starting with the selection of cocoa beans and ending with good quality packaging materials. Beryl’s company believed that it is the quality of the cocoa beans which are used that give the chocolate the taste.Therefore, Beryl’s chocolates are made from cocoa beans from Ghana, one of the countries that is best known for its high quality cocoa beans. Each of our products is produced with stringent quality controls to ensure that our products are of high quality and meet customers’ expectation. Backed with a group of creative and innovative employees, we always improve and expand our product varieties to meet the demand of consumers. We will write a custom essay sample on Beryls Chocolate or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Recently, we have widened our product varieties into producing sugar free chocolate bars.Besides producing chocolate under our own brand, we also do contract manufacturing and private label manufacturing. Through continuous research, our experienced RD department is capable of producing and developing any kinds of chocolate catering to customers’ requirements. Beryl’s products are sold both locally and overseas. In Malaysia, our products are available in most of the major supermarkets, hypermarkets, convenience stores, duty free shops and souvenir shops. Our present export markets are Japan, Vietnam, Philippines, Singapore, India, Hong Kong, Macau, Maldives, Brunei, New Zealand and Indonesia.

Posh Pastries Entering the South America

Introduction Posh Pastries is a US-based organization that specializes in the production of pastries. Following resounding success in Northern Mexico, the company now intends on entering the South American market through Colombia. A country analysis revealed that Colombia’s political and economic situation is quite promising. Posh’s products have a two-month shelf life, which allows for overseas shipping.Advertising We will write a custom proposal sample on Posh Pastries Entering the South America specifically for you for only $16.05 $11/page Learn More Nonetheless, many consumers value the taste of freshly-baked pastries. As a result, this organization will ship some of its products from the USA and also prepare others at the chosen location in Colombia. The project will lead to cultural exchanges between the US and Colombia because most desserts in the target market do not consist of pastries. Since Posh Pasties will be offering something new, chances are that the organization will do relatively well. Expansion into the South American country will require a sum of $526,150. Currently, the organization already has a series of equipment and supplies to create its products. Nonetheless, the freshly-made ones will require investment in new personnel, equipment supplies, marketing efforts and facilities. These costs have all been included in the budget. The business expansion will diversify the business and boost its revenue streams. It will also foster cultural and political ties between the US and Colombia. The evaluation plan will measure the extent to which Posh Pastries achieves those results by looking at the revenue streams that some into the company after the project. It should record an increase of approximately 5% by the first year and this should increase by another 5% in the subsequent year. The business will also analyze how effective Posh Pastries was at fostering cultural connections through an annual surv ey. Individuals in the chosen location will respond to a questionnaire in which they will state whether they are familiar with pastries sold at Posh. They will also state whether these foods have fostered an appreciation of American foods. Statement of the Problem Many people around the world are familiar with the American way of life. They have watched Hollywood films, which reflect only some aspects of American living. None-English speaking countries like Colombia may not be as cultural sensitive to the US as other English-speaking nations since they cannot follow these films. It is necessary to consider another platform that would speak universally to people, and food is one avenue. Expanding a food business overseas would facilitate cultural sensitivity in a way that conventional methods would not. Traditionally, business lunches have brought people together in the most unrelated cultures. The food that Americans eat is symptomatic of their culture. It is a collection of the geo graphy, the history and traditions that the country has enjoyed over the centuries.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, when a food business expands into a foreign market, it engages in cultural diplomacy. The US is in need of a medium that will celebrate the richness and uniqueness of American cuisine. A small or intermediate enterprise can achieve this goal effortlessly (Wilk, 2006). Posh Pastries is a medium-sized business that has been doing relatively well in its home country. Further, it has done well in the few foreign countries it has chosen so far. It requires new opportunities that will grow the business and take it to the next level. Companies that keep growing have a higher chance of succeeding than those that stagnate. The company needs exposure to a different way of conducting business, and Colombia could be that answer. It is a given fact that the US is a mature market. Some countries around the world are at different levels of economic growth. Therefore, they may not have accessed some of the products that are so common to US consumers. Posh Pastries is facing stiff competition from a diverse array of pastry makers in it base markets. It needs to diversify its business by going across the border and finding markets that are not as saturated as the US. Project details Goals and objectives The purpose of this project is to increase revenue for Posh Pastries. As stated earlier, the company operates in a mature market where growth prospects are minimal. It is necessary to have an alternative that will reverse this stagnant growth. Net increases in revenue should be an indicator that the strategy is working. Another key goal for entering Colombia is to boost cultural ties between the US and Colombia. The dietary customs of the Colombian people are significantly different from the ones in the American market. Therefore, this busines s intends on acting as a site for cultural and political exchanges. It intends on fostering an appreciation of American foods by influencing the eating habits of the Colombian people. Clientele The organization targets the average Colombian consumer. Posh Pastries will select convenience stores that have a high rate of visibility in the capital. Pastries tend to be consumed on the go; therefore, persons need to see the items easily. These goods will be within the price range of other baked goods in the location. Therefore, buyers are likely to represent middle-income consumers.Advertising We will write a custom proposal sample on Posh Pastries Entering the South America specifically for you for only $16.05 $11/page Learn More Sweet things are usually not planned expenditures; this means that persons with some extra money to spare will buy the items. Since Colombia’s economy is doing relatively well, it is likely that a substantial portion of the population will have some discretionary cash. Clients in urban areas are ideal for this business because their population density will sustain Posh Pastries. Persons living in metropolitan areas are also more open to new culinary ideas than people in the rural areas. University students will also provide a good consumer base. One of the convenience stores selling the commodity will be near a prominent university (Barrow et. al., 2008). Methods The organization will partner with local grocery stores to stock their products within their facilities. Since the pastries are exceptionally flavored and use superior ingredients, it will not be advisable to place them in supermarkets. Posh pastries will also have its own stores where it will sell its products exclusively. At this location, customers can find freshly-baked goods, which may not be available in the other locations. Therefore, the entry strategy into Colombia will entail direct importing and joint ventures. These local stores sp eak the same language as the target consumers. They also have thorough knowledge of the Colombian food market, so they will enrich Posh Pastries’ skill levels.   Besides the joint venture, it will be necessary to have a local branch in the country. This approach will ascertain that customers know how the freshly-made versions taste. It will lure buyers into the location simply because of the smell. All the partners working together with the organization will receive training on how to display the pastries attractively. Since visual stimulation is a key marketing tool, then all the grocery stores must learn how to do store displays. Administration and staff All the conveniences stores, as well as the branches working with Posh Pastries in Colombia, will be under a country manager. The person will have a branch manager in each store to oversee operations. These managers will be responsible for the creation of marketing and promotional strategies, expansion and other aspects o f business operation in Colombia.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More A cashier will be imperative in the business as he or she will receive cash and issue receipts for orders made. The business will have pastry chefs in the local bakery. Here, a head chef will plan the day’s baking schedule. He or she will also oversee the preparation, decoration and completion of orders. In some circumstances when client traffic is overwhelming, the head chef will also participate in cooking. Other pastry chefs will carry out routine baking. They will also decorate and present the items. Each shop will have a busboy who will clean the shop as well as the baking utensils. There will be sales assistants who will sell the product and ensure that others meet customer needs. Available resources Posh Pastries has already been in business in four countries. Therefore, it has capital for running a Pastry business successfully. First, the organization has equipment like the industrial mixer. It also has a double stack oven, work tables, display cases, stovetop ranges, cash registers and cooking utensils. Some of these utensils include stencils, baking sheets, pans, and plastic spatulas. These equipments are in the US where workers make products and then ship them to intended locations. However, since t the company will combine local production with shipping in this project, then these equipments will need to be replicated in the said market. Other than equipment, Posh Pastries already has locations in the US, where it makes the pastries. The baking facilities are already in good condition, so they do not require any renovation. These locations will account for a substantial portion of the shipped goods. Additionally, the company has a series of pastry chefs, and managers within the business. These individuals have vast knowledge of what it takes to succeed in the highly competitive US pastry market.  Since the organization has been doing relatively well, it has some financial resources needed to expand into Colombia. However, this money is not enough. An external source of funding will boost the company’s project by preventing it from using its internal revenue. Some intangible assets available in the company include knowledge about pastry making, media advertising and campaign strategies. The organization also knows selection of prime locations, employee training, selection of business partners, and consumer targeting.  Posh Pastries has acquired some knowledge about the Colombian food market. The organization has already researched about the flexible nature of food tastes in the country. It has also identified the best locations for the business. These are areas that have high foot traffic, a relatively young population as well as middle income earners. This company also has knowledge of the competitive situation in the country. It will also replicate the success it has reported in Mexico by maintaining the display systems and operations used in this country. Needed resources Personnel Most of the pastry chefs and managers available are in the US. It will be necessary to hire persons from Colombia. Branch managers need to come from the country as they will already have their own convenience stores. However, country managers will come from the US as they will bring expertise from Posh pastries’ thriving business. Additionally, the head pastry chef will also come from the US branch, but other chefs should be Colombian locals. They ought to receive training on how to prepare the goods before they can start work. A total of six branch managers is necessary. All other casual employees such as the busboy, cashier, sales persons will come from Colombia. It is essential to get these people from the local community because they understand local payment systems, they know about the business culture and the working hours in those areas. They will speak to consumers and other partners in a language that they understand. Facilities Some of the partnering convenience stores will already possess premises for the sale of those goods. However, the company will also have its own bakery located in the target country. It is advisable to rent the premises other than purchase it; at least for the first few months. A place of 1,600 square feet will be necessary. Rent payment for the first 12 months is essential. Inside the convenience stores, Posh Pastries will require display cases. There will also be an office for the country manager as the person will conduct media strategies and make other decisions in this location. Equipment, supplies and communication The available equipment cannot be transported to the new target country. Therefore, Posh Pastries will have to purchase new equipment for the successful creation of a bakery in Colombia. The company will need a double stack oven, and industrial mixer, work tables, display cases, fridges, cash register, stovetop range, and a coffee machine. It is advisable for the organization to have enough supplies to cover operating costs fo r the first twelve months. Therefore, the organization needs to purchase baking flour, baking powder, milk, sugar, oil, butter, vanilla, vinegar, eggs, preservatives, dried coconut, chocolate, cocoa and salt. Workers will purchase these items in bulk at the beginning of the project. However those that do not keep well, like butter and milk should be purchased daily or at least weekly. Advertisements on key media outlets like radio, magazines and the internet will be the main communication channels. The organization will investment in placement of advertisements on well-known magazines in the country. These publications will have high circulation rates around the selected locations. Posh Pastries will also open a website for the Colombian population. It will contain colorful depictions of the product offerings as well as where to find them. This company will also advertise on the internet by targeting likely sites for Colombian cuisine. Radio advertisements will talk about where the products are and how they can be derived (Barrow et. al., 2008). Budget The following is a budget for the first year of operation in Colombia. Amount Price per item Total cost Capital expenditure Fridges 3 $1,300 $3,900 Display cases 7 $2,000 $14,000 Industrial mixer 1 $3,000 $3,000 Cash registers 7 $100 $700 Work tables 4 $100 $400 Double stack ovens 3 $2,500 $7,500 Stovetop range 2 $700 $1,400 Rubbish bins 2 $100 $200 Coffee machine 1 $350 $350 Utensils 30 $ 90 $2,700 Operating costs Annual material costs(baking flour etc) $300,000 $300,000 Advertising $150,000 Rent for one year 1 $28,000 $28,000 Manager’s office 1 $14,000 $14,000 Licensing costs $1,000 Transportation of supplies $130,000 Import costs $200,000 Salaries 25 $150,000 Total annual cost $526,150 Evaluation plan As stated earlier, the purpose of expanding into Colombia is to increase net sales. The organization’s net sales are dependent on a number of factors; each factor requires evaluation in equal measure. First, the company will start with the annual increase in net sales. This percentage should be no less than 5% in the first year, and the same will apply in the subsequent year. However, if the firm does not achieve these targets, the project will still not be a failure if other parameters indicate a change of dynamics. First, the business will assess the length of time it takes to make a new product. It will then compare this to the amount of time that it takes to receive the full payment. This procedure will not be necessary when considering the local products. However, it will be quite useful when analyzing the goods that Posh will ship into the country. If this process takes longer than a month, then the company may need to consider making all the goods locally. The company will also assess the effort or time it takes to make a sale in the convenience store. Foot traffic is the main source of customer awarene ss. Therefore, if it takes too much effort to make a sale, then the organization is not doing well. Other indicators of success will be the staff turnover rate. High employee turnovers indicate that the company culture is not conducive. This could compromise on the quality of products made as different employees would interpret the recipes differently. This figure should not be lower than Posh Pastries’ turnover in the US. Additionally the country manager must analyze the safety and health records of the business. The business will also carry out an analysis of the customer complaints. If these seem to be reducing instead of increasing, then the business is doing well.  Certain external factors may affect the success of the project. These include foreign exchange rates as well as economic growth in the US and the target market. Changes in supply chains such as the ban of key ingredients or excessive increases in price may affect outcomes. Even entry of new competitors or al terations in customer demographics may come in the way. If net sales reduce due to these factors, then the business will need to mitigate those changes through different alternatives.  The second objective of expanding Posh Pastries into Colombia is to foster cultural exchange. It is a difficult thing to measure the rate of culture change in any setting. However, some quantitative approaches would still give the company an idea of how well it is faring. One way of assessing this change would be to understand current cultures first. The organization could select a focus group in which it asks participants what their favorite desserts or treats are. These groups could be separated into ten to twelve members. One year after operating in the business, the company could randomly select individuals who live within the six targeted locations. It could ask them about their favorite baked treats. If they mention Posh Pastries’ products, interviewers could determine whether they have developed an appreciation of American things. An increase in affirmative responses will show that some cultural exchange occurred. References Barrow, C., Barrow, P., Brown, R., NetLibrary, I. (2008). The business plan workbook: The definitive guide to researching, writing up and presenting a winning plan. Philadelphia: Kogan Page. Wilk, R. (2006). Fast Food/Slow Food: The Cultural Economy of the Global Food System. Lanham: Altamira Press. This proposal on Posh Pastries Entering the South America was written and submitted by user Raymond T. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

A Sample Essay on Why Drop From Program

A Sample Essay on Why Drop From ProgramThis is a sample essay on why you are dropping from the University of Notre Dame. This sample essay will give you ideas about what it takes to be successful in your future career.'Why Drop From Program?' No one is going to go to school to be able to drop out. I have been in this program for the last two years and I will continue to be until graduation. I want to make sure that I am doing everything possible to build my future.There are different things that every student has to deal with when entering college. They have a lot of work to do and a lot of money to buy. This is not all fun though. There are also very strict rules that must be followed. If the rules aren't followed or are broken, students will get thrown out of the program.The sample essay on why drop from the program is simply a way to try to set myself up for success in my future. My life as an undergraduate will be very different than it was before. I have a lot to learn and an ev en bigger responsibility. It's a lot to handle but I know that I can handle it.Before I found out that I was going to be dropping out, I learned a lot of things that were needed in order to succeed in my UND career. I was going to make my own time and be responsible for myself. I had a chance to use my time wisely and for my own good.I learned how to manage my time better and how to give myself enough time to complete my courses. One of the things that I was taught was to eat healthy food. I also learned that being physically fit is a very important aspect of being a successful person.I also knew how to maintain a good grade in class and that being a good student will make me happy in the future. I have found that there are a lot of people who don't know what it takes to be successful in college. As a student, I want to make sure that I am doing everything possible to build my future.In my last semester of college, I learned a lot about what it takes to be successful. I learned abou t my future career. And, I learned that I need to be responsible for myself and work hard in order to achieve success.

Why Im Afraid of Bees essays

Why Im Afraid of Bees essays The story starts off with Gary Lutz sitting under his big oak tree in his back yard reading his comic books. Then Gary's pain in the butt neighbor, Mr. Andretti, keeps scaring Gary by telling Gary that Mr. Andretti's beehive has gone crazy. Gary falls for it every time because Gary is afraid of bees. All day, Gary reads his comic books because he hates to do anything else. No one likes Gary because they think he's a nerd, because he stinks at sports and looks weird. For instance, one time Gary was lined up to play baseball with the other students and was last in line, and at the end of the game they lost because he struck out. So, one of the big kids came up to him and punched him in the nose, so Gary ended up having to go home with a bloody nose. The next day Gary found an ad while surfing on the web. It said in big bold letters, "Body Swapping. Switch Bodies With Someone Else for One Whole Week." Gary liked that idea because he needed a long vacation from himself. He decided that he would go to the body-swapping place the next day since it was only few blocks away. (What a coincidence) The next day Gary went to the company and asked if he could switch bodies with someone else. The lady at the front desk, named Ms. Karmen, gave a picture to Gary and asked if he wanted to switch bodies with boy his age named Barry. Gary said he would because this guy was really cool looking. Ms. Karmen said she would come to his house the next day. The next day Ms. Karmen showed up on time and set up the equipment. She started the machine. Then something went wrong. Gary turned into a bee! Ms. Karmen didn't know what happened to Gary, so she took her equipment and left. Gary tried to get help, but he couldn't because he was just a bee. Gary found out that one of Mr. Andretti's bees got in the machine. Gary got used to how a bee flies, and then he went outside to get some pollen because he was hungry. After his meal,...