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Description of Company Operations - Assignment Example

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Summary
This assignment presents the description of company operations in such companies as Biolea, producer of organic olive oil products, Evian, a mineral water brand, Gulf Craft Inc., boat constructor, and Ircon International Limited that specializes in the engineering of transportation infrastructure…
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Description of Company Operations
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Extract of sample "Description of Company Operations"

of Company Operations of Company Operations Biolea Biolea is a company that has been in existence since 1817 and is family-owned. The company produces a wide range of organic olive oil products using millstones and presses. Production and bottling of the Biolea’s product takes place exclusively at estate. In the pursuit for excellence, the company combines innovation and tradition, maintained environmental accountability, and promotion of sustainable tourism. Examples of variable costs include labor required in millstones and presses, and the costs required to increase output of the organic olive oil.

Fixed costs of this company include salaries and wages to employees and equipment maintenance costs. Mixed costs to this company include fuel costs to the machine and insurance fees. Evian Evian is a mineral water brand whose sources emanate from the south shores of Lake Geneva. Evian mineral water is a luxury and expensive bottled water that is popular among key celebrities. The company is under the ownership of Danone Group that is a multinational company of French origin. The group also uses the name for branding and distribution of organic products for skin care.

Moreover, a luxury resort also uses the name as its primary name in French. Examples of variable costs include water extraction labor and costs of water extraction equipment. The fixed costs for this company include revenue remitted to the host government and rent paid to the government. Mixed costs to this company include annual expenses of transportation vehicles and price depreciation. Gulf Craft Inc. Established in 1982 out of passion for the sea, Gulf Craft has continued to exist and operate on three pillars.

The pillars include love for the sea, being passionate about building, and an unmatched belief of UAE’s success depending upon and around industrial productivity. The company’s productivity revolves around these three pillars since its inception. The company specializes in boat construction, shipyard operation across 40 different countries. The company has been expanding its market existence. Its strategic location of proximity to the traditional yacht market provides an opportunity for market expansion and dominance (Gulf Craft Inc., 2014). Variable costs include the costs of labor sustenance in the company and costs associated with product distribution in expansion of market.

The company’s fixed costs include salaries and wages paid to the employees and insurance covers paid on behalf of the employees. Mixed costs under this company include gas and fuel costs to the yachts. Ircon International Limited Ircon International Limited (IRCON) came into in existence in 1976. It specializes in engineering of transportation infrastructure. The Government of India established the company under The Companies Act, 1956 and got registered as Indian Railway Construction Company Limited.

Initial ownership was by the Ministry of Railways. IRCON’s primary mandate was Indian railway construction projects. To date, the company has undergone a diversification to venture into other transport and infrastructural sector with a scope extending globally. The company’s name changed to Ircon International Limited in October 1995 to expand global reach. The variable costs here include costs associated with acquisition of raw materials for construction and the global labor required for the success of the company.

The fixed costs here include revenue remitted to the government and the salaries paid to the employees. For this company, mixed costs include equipment value depreciation and the oil costs used to run the machines. Reference Gulf Craft Inc. (2014). Statement. Retrieved October 2, 2014 from http://gulfcraftinc.com/discover/statements/

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