The business offers catering services and has modern conference rooms that are will accommodate the various needs of the companies. The hotel will seeks to find companies as customer with the aim of making more…
Download file to see previous pages...
The business proposal contains the services and products offered by the hotel business to companies. It also includes the charges that accrue from the services and products rendered (Enz 2010). Currently, the business will primarily target the local organizations and companies and as it grows, it will consider opening up branches in other countries as food and beverages is an indispensable part of human beings as people have to eat for them to perform.
Hotels are business of fast moving goods as food is made to be consumed the same day. The business offers delivery of food to the office premises on calls. It aims to get a contract so as to increase the returns.
Selling products globally is a decision that will be made at a later date since the business in at the developing stage. Producing goods in the United States of America is very expensive. So the company as it grows will aim at buying the raw food from countries with low production cost hence low prices for the raw foods.
For profits to be maximized, the business will need loyal companies that will be multiple and repeat customers to the business (Enz 2010). For the hotel business to acquire a competitive edge in the competitive business, the business needs to have knowledge on the potential companies. It should also know the credibility of the company to make sure it does not run into bad debts.
Once the information is sought, the next step is approaching the company with the business proposal (Enz 2010). The marketing director should be an individual who can convince clients and seal the deal. Once the contract is signed, the business ought to hire qualified and experienced staff to process the orders from the client. The employees need to be well remunerated as treat them ethically. The cookers, warmers and equipments to be used will be modern technology so as to reduce
...Download file to see next pagesRead More
Business Ethics. The primary responsibility of Businesses is to increase the profit of their shareholders The Primary Responsibility of Business The responsibility that a business play in the society in which it is carried out has been subject to various kinds of debates.
Jewelry for All is making a good number of sales; most of its products are sold during holidays like Christmas, Valentines and Mothers’ Day as the majority of its target groups are women. The store sells fine and costume jewelry including necklaces, bracelets, earrings, and rings and has generated gross revenue of $1.5 million in the year 2008.
Numerous exchange transactions constitute business operations, whereby the value of a commodity is multiplied with each transaction till it reaches the consumer. The goods consumers buy are not in their raw form, instead these have been through numerous refining processes.
In the ancient times, business organizations, government agencies or non-profit organizations applied manual procedures in carrying out their processes. These processes required much labor, for instance, the clerical officers or cashiers in a financial institution.
At the time of initiating a business, small scale operations may be sufficient for production. But with growing recognition of the product in the market through advertisements and other sales promotion techniques, companies begin to grow both in size and reputation.
Two of the main processes which play their role in the success of a company are productive flow and product quality. The better these processes will be, the better will be the output for the company. Improved levels of sales and profits are directly related to the improvement in the processes of productive flow and product quality.
The changes and improvements to a product quality that are implemented on the manufacturing flow possess have a direct impact on sales and profits. This is because the two factors are the prominent factors determining the sales and numbers. This paper will view the two aspects i.e.
The idea behind assuming social responsibility by the business is to help for the rapid development of the society besides increasing the profits of the business. In the ancient times the businesses were concerned only about increasing the profits.
A good example of such an organization is the healthcare distribution management association. This is one of the organizations which comprise of many branches that are dedicated to patient protection by distributing life-saving healthiness goods and services by means of a protected and well-organized healthcare circulation scheme.
The author states that performance management has gained momentum in recent years, probably due to factors such as competition, changing markets and needs of clients. Performance measurement can provide a sense of purpose, motivation, and satisfaction. Management systems in a non-profit organization include planning, developing, and operating.
8 Pages(2000 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Opportunities to increase profit for FREE!