This research is being carried out to critically evaluate the business and in doing will carry out an analysis of its strengths and weakness using the Paine checklist based on principles for business assessment…
Download file to see previous pages...
The researcher states that the general business’s objective is to keep prices low as to give the highest quality services to the customers. In consideration, the business uses its resources effectively and prudently to benefit the business and the community in a whole that rank with a score of 5. It conducts its business with faithfulness and keeps its promises to the stakeholders and its level of adherence amounts to 4 by 3 that equals 12. Lastly, it creates value for its stakeholders as it adheres to domestic and international laws amounting to a score of 3 each in three categories that amounts to 9. The total amount of the score on the general principles equals to 26. The company seeks to improve customer satisfaction daily both on goods and services offered. They treat customers with respect, which is an added advantage of maintaining potential clients while converting the first time clients to frequent ones. Whenever possible, they communicate with our clients on the needs to be met urgently and what could wait for fairly that amounts to a score of 3 and 3 in providing quality that enhances customer requirements. This ensures that our clients’ needs are attended to and consequently boost their satisfaction towards our services. Using the Paine checklist, our score is outstanding ranking at score 4 as they offer quality that meets customer requirements. Still, the score aims at minimizing adverse safety and health impacts and communicate them to clients when appropriate. The total score amounts to 14. As mentioned, the company is a family owned business owned by the author’s father at present. At the present, they have no investors but they hope to have them in the future. Although the score ranks the least, they hope to score the highest score as per Caux roundtable checklist. The table checklist interprets the score as the least with a score of 1 as it does not respect investor’s input to the business.
...Download file to see next pagesRead More
Q. What size is your business? How many employees are there? A. My name is Steven Somers and I run Shelfstore Ltd, which is a low scale furniture manufacturing company located in New York City. Shelfstore Ltd was founded in 1965 by Mr. John McDonough. There are 85 employees working in it at the moment.
The common stock of JP Morgan Chase (JPM) is part of the Dow Jones Industrial Average Index. JMP stocks are actively traded in the New York Stock Exchange. James Dixon is the chairman and chief execute officer. Douglas Braunstein is the chief financial officer of the company, while Frank Bisignano holds the position of chief administrative officer.
Sales revenue through different products is estimated or even by varied departments in the organization. The key areas that make business intelligence to work include the technology, the people and processes, the corporate culture and the challenges and recommendations.
Browsing on overall strategic purpose and position of O2 mobile phones by summarising its mission, vision and value statements. O2's mission statement clearly shows its focus on creating "an inseparable relationship with" their customer "by understanding their needs and delivering wireless solutions that they [the customers] truly value." Its vision of being "a mobile brand by enriching people's lives, whatever they're doing, wherever they are" fittingly jibes with its mission statement.
However, in their quest of outdoing each other in the business world, companies are also increasingly being faced with the ethical regulations, social responsibility and environmental concerns that they must address in their course of its operations. With the present heightened ethical and environmental concerns, companies which operate in ethical manner and care about the environment are bound to succeed in their business endeavours than those ones which are not.
Further, the “European Court of Justice “uses its jurisdiction as regards to the application and interpretation of the law of the European Union. It is to be observed that Scotland is having its own system of private civil Law.
It is peculiar
These personalities have been fully developed by an author, actually, mentally as well as psychologically, and are comprehensive as much as necessary to appear factual. Therefore, they are three-dimensional as well as realistic. In my opinion, I believe
Customers hate dishonest companies that take advantage of their clients. A second essential business entrepreneur principle is innovation. Companies in this competitive environment are able to rapidly penetrate
This time was dimmed convenient for all participants and the invitees as it falls on a perfect and conducive weather. Besides, the mere fact that the participants and stakeholders have the ample time to avail themselves for
Additionally, having a good understanding of the external environment and the effects of the changes that take place in the external environment has far-reaching benefits in the present and the future of the
8 Pages(2000 words)Coursework
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Caux Round Table Principles for Business for FREE!