Sunday, January 8, 2012

Diversify your Organization

Every business plan must begin with an Executive Summary section.

Use the Executive Summary section of your business plan to accurately describe the nature of your business venture including the need that you plan to fill. Show the reasons why people need your product or service.

Describe the organization of your business including your management team. Otherwise, they'll close the document and add your business plan to the heap of other rejected ideas.

Devote the balance of your business plan to providing details of the items outlined in the Executive Summary.

The Business Section

Market Analysis Section

This section is basically a summary of your Marketing Plan.

The Financing section must show that you are as committed to your business venture as you expect those reading your business plan to be.

By now you're probably thinking that you don't need Business Plan just yet. Well you do, and there is business plan building software that can help you through this immense project. Use one today and produce a professional-quality Business Plan - including all critical components - tomorrow!

Five Crucial Components of a Business Plan


Expand the market reach of the present line of products or services. Reaching out for a wider market is bound to increase sales volume.Introduce new products for a new market.

Saturday, December 24, 2011

Similarities In between organization and Psychology

Doing Chinese Business Based On Hofstede

Before doing any type of business in China one must get familiar with the Chinese business culture. This analysis provides a great deal of importance when making business deals. In China slow and steady wins the race for business deals. It is looked down upon if you frequently change business partners.

Doing Chinese Business Based On Hofstede


The Similarities Between Business Organizations and Psychology

Let's review some common psychology words, terms, phrases and their definitions; and apply them to business organizations.

Business Organization:

Psychology Term, Word, Phrase; + ;Definition:; ; Dysfunctional

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Procrastination

Business Organization:

Customers, clients and markets not having a good understanding of a business organization or lack of positive feelings toward it, is often referred to as lacking brand and lacking positive brand awareness.

Psychology Term, Word, Phrase; + ;Definition:; ; ; Identity Crisis

Business Organization:

Psychology Term, Word, Phrase; ;+; ;Definition:; ; Peer Group Influence

Business Organization:

It makes good business sense to hire staff and employees with the highest level of knowledge, skills and expertise.; This is what helps grow the business.

Psychology Term, Word, Phrase + Definition:; ; Ego Defense Mechanism

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Approach Avoidance

Business Organization:

Feeling that the business organization cannot grow, has low worth or value to the market and to customers and clients; and does not deserve staff and employees with high level of skills, knowledge and expertise that can help the organization to grow

Failing to be progressive and positive to grow the business

Psychology Term, Word, Phrase; + ;Definition:; Low Self-Esteem and Depression





















Low Self-Esteem:

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Anti Social

Business Organization:

Business Organization:

Business Organization:

Psychology Term, Word, Phrase; ;+; Definition: ; Manic, Manic Depression, Bi Polar

Business Organization:

Psychology Term, Word, Phrase; ;+; Definition: ; Schizophrenia

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Psychosis

Loss of contact in reality

Business Organization:

Business executives and managers that deliberately mislead, lie, cheat and steal to cause harm to others; customers, clients, employees, the business organization

Psychology Term, Word, Phrase +; Definition: ;

Grandiose sense of self

Business Organization:

Not making decisions, taking too long to make decisions or making bad decisions that causes a business to decline

Psychology Term, Word, Phrase; ;+; Definition: ; Poor Decision Making

Business Organization:

Psychology Term, Word, Phrase +; Definition: Self Defeating Personality Disorder

Business Organization:

Difficulty in recognizing, understanding and affectively resolving problems contributing to business decline

Psychology Term, Word, Phrase; +; Definition:; ; Problem Solving

Business Organization:

Psychology Term, Word, Phrase; +; Definition:; ; Needs Analysis

Business Organization:

All business organizations need to improve in all departments and functions; quality, efficiency, expand capabilities, increase team effort, eliminate wastes, eliminate needless efforts, computerize and automate, and increase knowledge and effectiveness

Psychology Term, Word, Phrase; + Definition: Self-Improvement and Self-Empowerment

Self-Improvement:

Self-Empowerment:

Definitions can range from psychological, sociological, business to philosophical

Such efforts help regain self-confidence, self-sufficiency and gain skills for such

Some business organizations have far more of these ailments than others.

To this extent, a professional business advisor and consultant can be an immense benefit to help business organizations navigate through the changes and improvements needed to get into better health and business growth.

You will see critical improvements that will help improve the business health and grow the business.

Like an individual with ailments, business organizations with ailments can get better and improve their business health.

Michael has 25 years of business experience in numerous markets with a variety of products and services.; Prior to his extensive business career, he was a behavioral health counselor.

His education includes a PhD in business, MBA, BS degrees in psychology and social human behavior, Federal International Business Certification, and over 34 other advanced certifications in; business management, business development, sales, marketing, marketing communications, customer service, product management and development,; training and business; strategy.

Friday, December 23, 2011

Business process outsourcing (commonly known as BPO) offers a lot of benefits for a company. Also, by using business process outsourcing we gain in organizing some key aspects of our business based on the service outsourced. By doing this we immediately gain business process speed.

Unfortunately there can be a downside to using business process outsourcing.

The Limitations and Benefits Gained From Business Process Outsourcing


For a clothing store business plan, readers will want to see experience in three separate areas: the clothing industry, management, and retail.If you, personally, don't have experience in each, show a plan for how you will recruit that experience, as investors will not be comfortable with your promises to "learn on the fly". Also remember that readers are not comparing the management experience your business brings to the clothing store against the average person. Clothing Industry ExperienceTo sell clothes, you need to show some clothing industry background. Show relevant management experience, especially the responsibility of hiring, training, evaluating and firing employees.

Wednesday, December 21, 2011

How To Be Productive In Organization: Know What Thy Consumers Want

Audience of Your Business Plan

Topic business planning is very popular nowadays. When you write your business plan doesn't forget that not only you can read it. If you need an investment capital the plan also will be for your potential investors.

Before you start writing this plan chose your audience.

In conclusion, before you start writing a business plan for your company, chose your audience, write down key points of the messages you want them to receive, and write one big business plan. Don't forget that business plan contains everything about your business: mission, business model, weaknesses and strengths, marketing strategies, portrait of your costumers, industry analysis.

Audience of Your Business Plan

Sunday, December 18, 2011

How to Prepare a Marketplace Analysis For a Company Plan

Employees for Your Vending Machine Business

Chances are you are going to want the people you hire for your vending machine business to possess some particular skills.

If you take your time for this entire process, you will be able to find some great employees to enhance your vending machine business.

It is a time consuming process to find good help out there, but it can help you to keep your vending machine business on track.

Employees for Your Vending Machine Business


One of the most important components of a business plan is the market analysis. The market analysis section of your business plan will help you understand the domain in which you plan to operate. The following information will help you prepare this critical piece of your business plan.Identify Target MarketsPreparing a market analysis begins with thinking about who your prospective customers are. Getting StartedIn your market analysis, it is important to be thorough and to describe your methodology for defining your target market. For example, if your concept is a local flower shop, your potential market might be anyone within an eight-mile radius. Now you must figure out how much of your potential market is also within your addressable market.

Saturday, December 17, 2011

What is the Difference Among Overnight Shipping and 2-three Home business Day Shipping

Decision Support System:

A Decision Support System is an integrated set of computer tools allowing a decision maker to interact directly with computer to retrieve information useful in making semi structured and unstructured decisions.

Decision making is a fundamental managerial activity.

Important aspects of the Decision Support System:

Rather, it should be a highly adaptive decision support generator that can easily be used by professionals to quickly design data support prototypes suited to each specific decision-making task.

5) The organizations need to access original data sometimes because efficiency is related to how well the original data is organized in the system; the Decision Support Generator should be able to interface with a true DBMS. 8) To facilitate formatting and manipulating displayed data, the decision support generator should ideally be able to interface with word processing software. Decision making characteristics in the Global Business Environment:

Managers and Decision Support System:

The need for types of information produced by decision support system has always been present. Decision support systems have become popular primarily because of their capability to fill this need. So in most of the organization, managers used the computer based Data processing applications. This leads to develop the decision support system in business world.

Informational and decision roles are supported by variety of information system, which make information available, assist in decision making and serve as means of communication.

Decision support system assists an entrepreneur in considering options, selecting one and planning for its implementation.

The manager is a problem solver, and the fundamental activity in problem solving is decision making.

Decision support system in the organizational environment:

4) Support various stages of the decision making process.

8) Support group decision making particularly through group DSS (GDSS).

With in the past several years, `computers have been used increasingly in areas of financial management, production analysis, short-term planning and geographical analysis.Today's business worlds, Computers are used for decision making process as a Decision support system. Decision Support System is types of management information system whose principal objective is to support a human decision maker during the process of arriving at decision. DSS primarily support for strategic, tactical and operational planning.

Reference: 1) "Management Information System" by Viladimir Zwass 2) "The nature of Organizational Decision Making and the Design of Decision Support System" by George .P Huber. 3) "Introduction to Business Data Processing" by Lawrence S. Orillia 4) "Management Information System" by James O. Hicks JR

Role of Decision Support System For Decision-Making Process in Global Business Environment


The two most commonly used to get packages to their destination quickly is overnight and 2- 3 day business shipping.Both services cost a bit more than regular shipping and are available to commercial entities and corporations.

Thursday, December 15, 2011

Organization Analysis Techniques

Location, location, location. Running a thriving bakery business requires a steady stream of regular customers. Equipment. The quality of your bakery goods can make or break your business. A bakery business relies on a high turnover to make a profit, so it's important you research your market demographic to assess what type of bakery goods are likely to sell well. Staff.

Bread Bakery - 10 Tips on How to Start a Bakery Business


The questionnaire

The questionnaire regarding the rating on teacher's performance has various demerits due to improper planning and development, a good questionnaire should have clear questions and at the same time avoid leading questions, and the scale of the questionnaire should also be properly explained and laid out.

The research questions are qualitative in nature, the scales of the questions should be well defined and explained, this is not the case with our research questions, for question 18, 19 and 20 the scale of the responses is not clearly given and that the scale is not complete, this is a major draw back to the questionnaire and there is need to give a scale that rates the numbers 1,2,3,4 and 5 like the other questions.

The questionnaire does not include questions that cross check the viability of respondents, these questions are put in place in a questionnaire to check whether the respondent is lying about certain issues, these questions help to check whether a respondent is lying and therefore in our case we have no such questions which check the viability of the responses.

The questionnaire at hand is not of the best quality and there is need to rectify the various mistakes in the questionnaire, first the questions should be arranged in a logical manner whereby the simple question come first and then followed by complex questions, there is also a need to group questions that ask questions that give information on the same field of research.