Business Proposal - 1487 Words

Final Business Proposal Cynthia Mustani ECO/561 January 12, 2015 Introduction Little Rock, AR is well known for having some of the best barbecue in the south. In fact, Little Rock has won several awards for its amazingly delicious barbecue dishes. The product that I have chosen to develop is a homemade barbecue sauce, CeCe’s Famous BBQ Sauce, which brings a little piece of the south to everyone’s home. Examination of Elasticity of Demand and Market Structure Cece’s Famous BBQ Sauce is a homemade traditional sauce carefully made with the freshest ingredients. Southerners take great pride in barbecuing and there is a current debate as to who has the best BBQ sauce. There are a wide variety of BBQ sauces readily available to†¦show more content†¦Variable costs will include packaging, ingredients, shipping, and labor which will vary depending on production volume. The cost taken for the production and other operations mainly depend on the scale of production and the location of facilities. Differentiation I believe this product has the ability to differentiate by growing into a product line which will consist of different flavors of BBQ sauces and other product lines such as BBQ flavored potato chips and BBQ baked beans. Marketing this product will play a huge role in its success. It will be the difference between selling BBQ sauce and selling the brand Cece’s Famous BBQ sauce, which is my goal. By using aggressive marketing techniques, product differentiation along with brand recognition, the business will stand out among its competitors. Increasing Revenue Understanding the role of Price equilibrium helps maximize revenue in any business. A smart business owner will often compare his or her prices to competitor’s prices with the main objective being to create an increase in demand while keeping supply constant. Maximizing profits is a short-term approach using the marginal-revenue-marginal –cost approach (Brue, Flynn, amp; McConnell, 2009). This measures how increasing output contributes to revenue. Cece’s Famous BBQ sauce company’s intentions are to operate where Marginal Revenue (MR) is higher than Marginal Cost (MC) which will translate into greater revenues and reduced costs perShow MoreRelatedBusiness Proposal1133 Words   |  5 PagesBusiness proposal A business proposal is perhaps one of the most critical documents you need to learn how to write. It is what spells the difference between success and failure, whether you’re a freelancer or you have a company of your own. In today’s cut-throat business world, entrepreneurs find themselves spending hours upon hours submitting business proposals to potential clients, and not get any results. 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This helped clients who request to complete structure extends on different business ranges the affiliations innovative stock revolved around internal and outsideRead MoreBusiness Law Proposal : Technology Essay1598 Words   |  7 PagesBusiness Law Proposal The advancement in technology has led to the increase in demand of technological equipment such as computers, servers, photocopiers, printers and power saving machines. The competitive environment that is provided by the information technology has created an increase in demand for the products and has made it possible for Gravity technologies to venture into the market to provide the items that are needed by many companies. The innovations in the market are necessitated byRead MoreKey Proposals For A Small Start Up Business Essay2375 Words   |  10 Pages1 Outline the key proposals contained in the budget for 2015-16 and 2016-17 that may impact on small business owners in Australia. 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Main Disadvantages of Wearing School Uniform

Main Disadvantages of Wearing School Uniform Imagine that you wake up every single day early in the morning, get up and put on the same clothes you had on yesterday, the day before yesterday, last week, last month and so on. And you’re not the only one who does the same routine every morning. School uniforms become more and more popular. They have left the walls of schools a long time ago. The problem is that along with the positive effects, a school uniform may have a lot of inconvenient aspects to it. Some of them are provided below. First of all, a big number of students and their parents complain that wearing a school uniform doesn’t let students express themselves. Students not wearing a school uniform can experiment with different clothing styles in order to find something that will suit them and their personas. Self-expression – that’s the first advantage of not wearing a school uniform. Moreover, not being allowed to wear what you want causes all sorts of stress. Teachers usually have to work with big groups of students. This means that they need to remember many different names. It is often so that they can recognize this or that student by look only. School uniform makes it impossible for the teacher to visually identify a certain student. A lot of low-income families cannot afford to buy a school uniform. Their kid not wearing a school uniform would only help their financial situation. People are different and their tastes are different as well. To some students it may be especially troubling to wear the clothes which don’t bring them any satisfaction. Furthermore, physical features of all are different and there’s no guarantee that the school uniform will suit all the students equally. To my point of view, it is extremely important to weigh the pros and cons before setting up school uniform rule at school.

What I Have Learned in This Course Free Essays

I have learned a great deal in this course in relation to writing argumentative essays. There is much research involved, as well as objectivity to the position taken on a particular subject. These are, what I have learned, to be the two most important factors in the preparation for a paper. We will write a custom essay sample on What I Have Learned in This Course or any similar topic only for you Order Now A writer must look at all possible arguments to support his or her position and make this very concise in the thesis statement in the first paragraph of the work. Similarly, one must look at any counterarguments that could arise from the thesis and explore these, as well. All of this research must be done before the paper is written and woven in the supporting paragraphs in the piece. Of equal importance is taking a professional stance on the position/thesis and not an emotionally-driven stance. Using â€Å"I† statements is unacceptable, such as stating â€Å"I think that this is the best policy†¦ †, for instance. Conclusions must come from extensive data review and demonstrate an extremely objective, yet clear stance on the subject from beginning to end. All supporting paragraphs, after the introductory paragraph, that includes the thesis and main points that support it, should be filled with explanatory data to provide cause for the writer’s position. After these arguments (supported by other research) are presented, then counterarguments should be noted. Having not only an literature review before beginning a paper, but, also, an outline with supporting arguments for the position and counter claims to the position with a response to them will make this portion of the argumentative paper easier and is extremely beneficial to the first draft of the work. It is standard in a shorter essay to use four supporting paragraphs that all flow consistently from paragraph to paragraph and a conclusion that does not introduce new facts, but highlights the importance of the writer’s previous information in this final paragraph. This final paragraph should not simply reiterate everything that is already written, but restate the main points and help further support the important stance taken on an issue. This â€Å"wrap-up† of the paper should leave no doubt in the reader’s mind as to exactly what the writer intends the reader to absorb and the importance of the issue to that reader. If further writing and research on the subject is planned, the final paragraph should indicate this. As many times, a short argumentative essay may evolve into a larger research project. After compiling the research, the outline, and then the first draft of the essay, a writer must then review the work and make any needed changes to the paper. Grammatical errors should be corrected, as well as any language that is unclear and may confuse the reader. These essays must be very precise and to the point, so they may involve more than one revision to make a great final paper. I have, also, learned to ask for help involving feedback and constructive criticism, to help understand how another person views my essay. I have learned so much in this class involving this topic and realize that if I follow these â€Å"rules† of writing I can create a great paper. It was hard for me personally, to ask for help, but learned that that is one of the best ways to learn more about how to be a better writer, listener, and student. How to cite What I Have Learned in This Course, Papers

Offshore Outsourcing for Economics and Management- myassignmenthelp

Question: Discuss about theOffshore Outsourcing for Economics and Management. Answer: Introduction Offshore outsourcing of softwares and other related IT products is a basic concept which is instantly considered of by several IT businesses like an immense money-saver tool. Its a practice utilized by diverse organizations to easily reduce costs or expenses by transferring segments of work to some outside suppliers instead of finishing it within the organization. This means many IT businesses starts to consider this offshore outsourcing in several software organizations in countries like China and Australia, because of their low running costs and wages. These offshore suppliers or vendors regularly make claims proposing that they are seventy percent less expensive every hour. While this may be a situation where outsourcing IT has lots of hidden dangers or risks that can indicate a more expensive bill than estimated (Loh and Venkatraman, 2014). Intrusions to several Australian IT or other business clients are upset with the suspicion of security of products that made Australia's offs horing, specifically uncomplicated purchasing decisions are one big reasons for this. CIOs of IT companies are putting the constant hold on all offshore projects or activities that were scheduled for last one year and investigating options that mitigate this uncertain risk. Promising areas like Australia have done less effort such as government activities and social changes to relieve clients fears about their products and services security as outsourcing goal. Furthermore, some nations with more settled IT trade organizations have been very slow to advance or progress (Yesulatitis, 2012). Offshore Outsourcing of IT is very dangerous to the profession the economy as well as must be strictly restricted Outsourcing has truly taken off over the last four to five years. A large number of Australian IT companies regularly outsource client services and different jobs to different outsourcers in Australian firms. Actually, outsourcing is in its peak state, and it looks like that this trend will definitely proceed. A number of administration or service sector occupations moving abroad relies upon a fact that they reach high positions in the market (Frost, 2014). This move of occupations to abroad areas can make some negative effects within the nation in various areas. Almost 4,00,000 Australians have lost their jobs because of offshore outsourcing, and this exhibits as one biggest negative impact of the offshore outsourcing on Australian IT businesses. Regularly these representatives think that its hard to find practically identical occupations, and this influences the economy of Australia in various ways. For instance, if a worker of a call center, who is dismissed or displaced when the employments are moved to some other place, finds some another job that pays very less, it could influence their own particular financial outlook. They might lose their cars, their homes, or might go bankrupt, which has the negative impact on the local and national economies also. This won't influence the overall economy of the nation if it just effects few laborers, yet the numbers demonstrate that thousands are influenced, and there is an increase in numbers day by day so this surely put negative impacts on the country also. Therefore with the offshore outsourcing of IT, workforce of many IT, as well as other organizations, could be considerably more seriously influenced as well as social services, for example, joblessness, welfare, plus medicinal services could be influenced, as well (Jimmy Gandhi, Gorod, and Sauser, 2012). Therefore many people in Australia believe that offshore outsourcing of the IT is very dangerous for the profession as well as the economy and it must be sever ely restricted or banned. Many individuals look at offshoring employment as a cost sparing measure, however, that is not generally true. For a certain thing, there are management and governance issues engaged with offshoring (Management of risks posed by human resource outsourcing, 2012). Executing process as well as procedural controls and also consistency controls costs cash, which detracts from the investment funds of the less expensive work markets seen abroad. Set-up expenses can be the main concern in few businesses, for example, IT services training and call centers can likewise be very expensive. So maintaining quality as well as the security of IT services or products at offshore websites is risky. For instance, one Australian company is processing credit cards and the company charges extra costs in inspecting, controlling, and securing the details into guarantee client information protection and security of credit cards. Officials have additionally endeavored to boycott or restrict offshore outsourc ing of IT or entirely enforce how it might be utilized. This is generally because of an open objection against the training, since they think sending IT occupations abroad expels laborers from the Australian IT workforce and prompts joblessness as well as other social administration costs (Sharma and Chauhan, 2017). Maybe the most divisive and controversial worry about outsourcing of IT rotates around security and protection issues. This year, people found numerous expensive IT firms and outsource citizen data to Australia and different abroad areas for processing. The security of records, including SS numbers as well as other private data, has gone under question, particularly since the data is transmitted over some unsecured telephone lines and on the Internet. Those Australian organizations scan personal IT products such as documents of software into a PC (Bi, 2012). Ultimately, security and privacy of IT products are not in a secure environment. Furthermore, some IT outsourcing firms are presently generally outsourcing a few of their agreements to outsider outsourcers, which can additionally create muddy security and individual identity issues. Furthermore, there is one big issue of ending an agreement with a money-related administrations outsourcer. Once the agreement is ended, what happens with financial information, and how Australian monetary organization guarantee it gets the information back uncorrupted and secure, these are some of the issues that are as yet disturbing to numerous, as well as must be routed to guarantee security, protection, and money related to care of IT products or services (LI, 2017). Utilizing outsourcing has downsides there which can trade off the name as well as the image of the firm on a marketplace. For instance, if a client has a buy and later on finds that piece of the item he paid for is a damaged product, at that point the organization has the commitment to substitute that part by reaching their outsource provider yet the organization will dependably worry about the concern of a damaged item. Consistent Management is likewise one of the greatest risks of IT outsourcing. It is broadly realized that most organizations these days, neglect to outsource their IT tasks because of the way that they don't have a legitimate administration framework. To intricate, each IT organization needs to have a high insight supervisor, which will only manage the administration of all outsourced ventures. This individual ought to completely meet all requirements to decide the IT outsourced workforce requests, and guarantee that every supplier is always refreshed to meet these requests (Aghazadeh, 2011). While outsourcing of IT nowadays becomes a pattern and now it is not a new phenomenon. For instance frameworks improvement has been completely sourced from some outside place through application software houses as well as application packages for a long time. Expensive offices administration contracts in 1980 flagged an auspicious joining of free market activity factors (Djavanshir, 2014). From one perspective real merchants offered offices administration and other outsourcing administration. Then again supervisors who were worn out on IS spending development quite a long time and here and there subtle business benefits saw a chance to cut Information Technology costs, cut back the IS work, as well as do it with IT also what they are doing in different parts of enterprise business subcontracts. The targets of outsourcing are taken a cost-cutting, a need to concentrate on the businesses, not on Information Technology, or subcontracting duties regarding working and keeping up inheritan ce frameworks. Whatever the target is, the likelihood of outsourcing has a tendency to create compelling feelings among both IS experts and general directors. Therefore study on the realities as well as myths of offshore outsourcing has been completely followed by what and how to perform literature which helps organizations to implement offshore outsourcing, not just in managing relationships and contracts sensibly however likewise in how and when to select the sourcing options or decisions (Lee, 2011). These few prescriptions help both the organizations that are strong heroes of IT offshore outsourcing as well as those who think they need to do a few outsourcing and might acknowledge rules on being particular. There are several dangers that, practically speaking, show breaking points to offshore outsourcing. The individuals who have offshore outsourced IT have a bigger number of disappointments and then they recognize a great number of tensions about sellers than they want to go up against. CIOs in many organizations that are presently on a cusp of choosing to outsource have trusted obviously stable preventative senses, however, force can be hard to stop. Besides, systems for examination, while featuring diverse sourcing alternatives, additionally offer force to outsourcing in light of the fact that they infer that the commercial center has noteworthy potential in the supply of IT administrations, yet in various ways, whatever the troubles included. When an organization outsources an IT administration to an outsider, by what means can the organization make sure that the merchants abilities remain current? If cost diminishment is the goal in an outsourcing bargain, the expectation is that the present cost base is lessened and that, after some time, there are additionally taken a toll decreases because of learning and mechanical change (International outsourcing, 2015). In fact, an organization can incorporate these upgrades with the agreement at the beginning or arrange them at yearly audits. However, if the merchants aptitudes don't propel, the cost-decrease potential is diminished, and unless further market testing is done, target setting is problematic. The choice at that point is to discover another seller. Nonetheless, as one organization as of late found, elective providers are uncommon, particularly for a substantial scale contract. The market is youthful, and the more that heritage frameworks are outsourced, the more the market will be solidified in old innovation (Kennedy and Clark, 2015). When fetched lessening is the goal of outsourcing, there is regularly a guarantee of early income benefits and long-haul cost reserve funds. Positively, an organization can contrast seller expenses and current expenses and fabricate innovation and expectations to absorb information into future cost plans. Also, it may not think about future conceivable cost investment funds or predict mechanical discontinuities. These issues are presumably mat ters of judgment. Outsourcing might be alluring and workable, when it includes administration of developing, inheritance, or separate exercises, for instance, running server farms as well as corporate wide-territory systems or charging distinct application advancements. Bench-marking, benefit level assertions, proficiency motivating forces, yearly audits can help moderate dangers in these areas (Kendrick, 2016). Conclusion This study concludes that offshore outsourcing of IT may create a short-term financial sense for several employers. Notwithstanding, the long haul impacts of outsourcing stay to be overlooked or seen. Outsourcing lessens dedication and trust in IT shoppers, diminishes the level of client benefit, takes jobs from Australian specialists, as well as might even turn the economy descending as it proceeds. Outsourcing produces less expensive work costs, yet very frequently, it additionally creates second-rate items and administrations. Keeping employment in Australia is not just the proper thing to do, it can bode well much of the time. Virtualizing occupations can spare cash and add to creation, and even independent ventures can profit by using less conventional adaptable work arrangements. Outsourcing is one of the handy solutions that is overused and confused. This training must stop or the impact on the nation, later on, could stagger. Critics or commentators of offshore outsourcing st ress that if an excessive amount of IT-related work is cultivated out to different nations, home-developed IT ability will "go away." They call attention to that once an organization starts outsourcing abroad, they will think that it's hard to alter the course and legitimize paying more in pay rates, assessments, and employment benefits for a similar work they utilize to outsource. Defenders keep up that the wise utilization of seaward outsourcing will help influence all IT laborers to end up noticeably more profitable and enable organizations to grow more deft and responsive plans of action, which thusly, will raise pay rates for residential specialists in all nations. References Aghazadeh, S. (2011). The risks and benefits associated with global outsourcing.International Journal of Services, Economics and Management, 3(2), p.232. Bi, L. (2012). Managing the risks of IT outsourcing.Journal of Corporate Accounting Finance, 18(5), pp.65-69. Djavanshir, G. (2014). Surveying the risks and benefits of IT outsourcing.IT Professional, 7(6), pp.32-37. Druck, G. (2016). Unrestrained outsourcing in Australia: more precarization and health risks for workers.Cadernos de SadePblica, 32(6). Frost, C. (2014). Outsourcing or increasing risks?.Balance Sheet, 8(2), pp.34-37. International outsourcing. (2015).Human Resource Management International Digest, 13(3), pp.30-32. Jimmy Gandhi, S., Gorod, A. and Sauser, B. (2012). Prioritization of outsourcing risks from a systemic perspective.Strategic Outsourcing: An International Journal, 5(1), pp.39-71. Kendrick, R. (2016).Outsourcing IT. Ely: IT Governance Pub. Kennedy, G. and Clark, D. (2015). Outsourcing to Australia Risks and benefits.Computer Law Security Review, 22(3), pp.250-253. Lee, T. (2011). Casino Security Risks and Outsourcing Criteria.Tourism Analysis, 16(6), pp.701-707. LI, Q. (2017). Risks of Human Resource Management Outsourcing in Enterprises and the Precautions.DEStech Transactions on Social Science, Education and Human Science, (icss). Loh, L. and Venkatraman, N. (2014). Determinants of Information Technology Outsourcing: A Cross-Sectional Analysis.Journal of Management Information Systems, 9(1), pp.7-24. Management of risks posed by human resource outsourcing. (2012).Chinese Business Review, 06(03). Martinsons, M. (2015). Outsourcing information systems: A strategic partnership with risks.Long Range Planning, 26(3), pp.18-25. Sharma, R. and Chauhan, P. (2017). Investigating risks due to political environment as driver for other risks in offshore outsourcing.International Journal of Business Performance and Supply Chain Modelling, 9(2), p.160. Yesulatitis, J. (2012). Outsourcing for New Technology Adoption.Information Systems Management, 14(2), pp.80-82.