StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Business Concept Description - Essay Example

Cite this document
Summary
The primary focus and the heart of The Rare Tea Company is to spread an enduring relationship with their customers and farmers prior to their expansion from being a small-range company in London. Fair trade and achievement of sustainability are their ultimate ways to ensure they…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.6% of users find it useful
Business Concept Description
Read Text Preview

Extract of sample "Business Concept Description"

The Rare Tea Company Concept The primary focus and the heart of The Rare Tea Company is to spread an enduring relationship with their customers and farmers prior to their expansion from being a small-range company in London. Fair trade and achievement of sustainability are their ultimate ways to ensure they could provide high value for the people who craft their tea and their customers. Opportunity/Need:The market for tea requires high-quality and best-tasting flavour, which many small independent producers could provide.

The problem is that they need such exposure for their products in which the ultimate way of doing so is on how the Rare Tea Company does it so far. Small-scale producers gain through Rare Tea’s buying harvests up-front by saving associated costs for their distribution. Product or Service:What is unique about the product of Rare Tea is the presence of trust it places with its small-scale producers that could generate high-standard quality of best-tasting tea in the world. Adhering to this leads to buyer-producers relationship, which the bottom line is to hold fast to product quality and sustainability, while Rare Tea continues to take charge of the entire distribution through buying harvests up-front.

Benefits:Ensuring the best quality and sustainable supplies of best-tasting tea leaves is a remarkable way of giving high value for customers’ needs. This is to make sure that the customers will always have the quality product the moment they need it. In addition, the existence of fair trade from farm to customers would guarantee generating the right price for the product. Competitive Advantage:The Rare Tea, as a small-scale company is trying to beat highly established vast private tea farms.

Its long-standing relationship with producers under small-range farming allows it to explore vast opportunity across the world as there are independent tea farmers waiting for their break. Aggregating all their productions could help Rare Tea Company address the prevailing market demand for quality tea products. Funding:As a small company, Rare Tea needs to expand, which would require funding coming from highly established financial institutions. Potential investors seeing Rare Tea’s business sustainability may express possibility to start their investment with the company.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Business Concept Description Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Business Concept Description Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1613144-business-concept-description
(Business Concept Description Essay Example | Topics and Well Written Essays - 500 Words)
Business Concept Description Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1613144-business-concept-description.
“Business Concept Description Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1613144-business-concept-description.
  • Cited: 0 times

CHECK THESE SAMPLES OF Business Concept Description

The perception of branded hotel in global world

?? Define the concept of theme hotel, theme hotel cultural atmosphere.... ?? Explaining the concept of building of theme hotel ... The research purpose of this particular research study is to identify, investigate, and explain the concept of the branded them hotels within United Kingdom.... This concept of descripto-explanatory research has been generated from the combination of the exploratory research and descriptive research....
10 Pages (2500 words) Essay

The Zachman Framework

Throughout of the 1980s, most enterprise modeling ideas were limited to simplified application development, with no attention given to the concept of architecture and its implications for information systems evolution (Zachman, 1993).... The Zachman framework exemplifies a successful attempt to revolutionize enterprise architecture principles and solve the centuries old problem of inefficient enterprise architecture, which hinders the development of relevant business frameworks....
6 Pages (1500 words) Essay

Rewriting a Job Description

Rewriting a job description Name Institution Rewriting a job description In analyzing a job description, it is crucial to establish a few factors to determine the worthiness of the job posting.... Primarily, the job description states the basis for the job specifications required.... Essentially, this paper will analyze a job description through the strategies employed in determining the need for creating a job description....
5 Pages (1250 words) Term Paper

Positivist and Post-Positivist Philosophies

In business and Management researches, the numerical… However unless this is qualified by qualitative means (post positivism), the numbers alone can often be misleading.... Despite criticism, relevance of research philosophy for business and management cannot be denied, as this is the most valuable tool to evaluate performances against set targets and goals.... For any business to succeed and for any management to be in control, use of both qualitative (positivist) and qualitative (post-positivist) concepts is unavoidable....
4 Pages (1000 words) Essay

Service Oriented Software Engineering

Service providers can be changed with each other as long as they follow the contract imposed by the description of the service.... he first and main concept in Service Oriented Software Engineering is “service”.... Within past few years, there has been an increasing consensus in the industry about the ways we can create adaptive and business driven Information Technology (IT) solutions in order to use distinct building blocks of software, based on industry standard protocols and making… (Stojanovic , Dahanayake, 2005) ...
4 Pages (1000 words) Article

Performance Management Issues

mployee and performance planning means that there is a way to develop a certain Job description for every position in the organization.... A Job description is a list of tasks that this personnel must perform while employed.... The Job description also includes a list of required skills and even educational background for an applicant to be considered qualified.... While a Job description serves as a general tool for the employee to determine their roles in the workplace, this employee must also use his skills and abilities to look for means to improve his key results areas....
8 Pages (2000 words) Essay

Evaluates the Current State of Knowledge

This paper highlights such perceptions with the principal role of these reforms being considered in the description of the eventual assumptions and proposals under description.... The concept of the plausible knowledge that may be accrued from these reforms remains the guiding principle of engagement.... The concept of health care remains elemental to the success of both the lives and the economy harbored in the region.... he essence of healthcare reforms has a topic of consideration remains anchored along the perspective concept of philosophical interests as well as the perpetual interests accredited to the entire process....
11 Pages (2750 words) Admission/Application Essay

Bertrand Russells Theory of Descriptions

Speakers of various languages use those languages to give a description of the world in which both the speaker and the language they speak are part.... This work "Bertrand Russell's Theory of Descriptions" focuses on the ideologies of Russell concerning whether or not language is capable of picking out objects in the world furthering the discussion to a few philosophers who thought otherwise of his perceptions....
8 Pages (2000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us