Monday, November 29, 2010

BUS516- BUSNESS OUTLINE

Assignment NOV24
BUS600Business Plan Outline – CALMAT Montessori School
1.       Executive Summary
-          The market
-          The customers
      -Full Time couple with children 
      -Part time /Drop in
-          Management Team
      - 4 classroom teachers (included one director, one administrator)
1-1.  Mission
      -Building a safe, secure, and happy environment for children to learn through academy Montessori way.
1-2.  Keys to Success 
      -Quality Childcare
     - Learn academy 
     - Extra Currculums
     -Flexible hours
2.       Company  & Service Summary
2-1. Ownership
2-2. Start-up Summary
2-3. Company Locations and Facilities
3.        Competitive Comparison
3-1. Capacity of Production
3-2. Future Products and Service
4.        Marketing Analysis
4-1. Market Segmentation
4-1.1. Full Time Working Couple
4.1.2. Part-time Workers/Drop-ins
4-2. Target Customers
4-3. market needs
4-4. Potential Competitors Analysis
4-5. Service Business Analysis
5.       Sales Strategy & Implementation
5-1. Sale Strategy
     5-1.1. Sale Forecast
5-2. Promotion
5-3. Price Strategy
5-4. Sales Channel Distribution
5-5. Website Sales Development
6.       Management
6-1. Management Team
6-2. Organizational Structure
6-3. Manpower Strategy and HR Plan
7.       Financial Plan
7-1. Break-even Analysis
7-2. Profit and Loss
7-3. Income Statement
7-4. Balance Sheet
7-5. Cash Flow Statement
7-6. Long-term Financial Plan   
7-7. Business Ratio

Sunday, November 21, 2010

Busness Plan Outline - Calmat Montessori School

BUS600Business Plan Outline – CALMAT Montessori School 
1. Executive Summary
-          The market
-          The customers
-          Management Team 

1-1.  Mission
1-2.  Keys to Success
           
2. Company and Service Summary
            2-1. Ownership
            2-2. Start-up Summary
            2-3. Company Locations and Facilities 
3. Competitive Comparison
            3-1. Capacity of Production
            3-2. Future Products and Service 
4. Marketing Analysis
            4-1. Market Segmentation
4-1.1. Full Time Working Couple
          4.1.2. Part-time Workers/Drop-ins
            4-2. Target Customers
            4-3. market needs
            4-4. Potential Competitors Analysis
            4-5. Service Business Analysis 
5. Sales Strategy & Implementation
            5-1. Sale Strategy
                    5-1.1. Sale Forecast
            5-2. Promotion
            5-3. Price Strategy
            5-4. Sales Channel Distribution
            5-5. Website Sales Development
 6. Management
            6-1. Management Team
            6-2. Organizational Structure
            6-3. Manpower Strategy and HR Plan 
7. Financial Plan
            7-1. Break-even Analysis
            7-2. Profit and Loss
            7-3. Income Statement
            7-4. Balance Sheet
            7-5. Cash Flow Statement
            7-6. Long-term Financial Plan   
            7-7. Business Ratio

Thursday, November 18, 2010

BUS600 Economics

BUS 600 Economics

Economics is the "study of how societies use scarce resources to produce valuable commodities and distribute them among different people." -- Paul A. Samuelson, Economics (New York: McGraw-Hill, 1948)

There are seven different types of market structure: pure competition, pure monopoly, monopsony, monopolistic competition, oligopoly, oligopsony, price discrimination.



*Pure competitor: The market consist of buyers and sellers trading in a uniform commodity such as wheat, copper, or financial securities. No single buyer or seller has much effect on the going market price.

*Pure monopoly: An industry in economics that produce a product that there are no close substitutes and where significant barriers to entry prevent other firm fro entering the industry to compete for profit.
*Monopsony: There is only one buyer in the market.
*Monopolistic competition: The market consists of many buyers and sellers who trade over a range of prices rather than a single market price.
*Oligopoly: The market consists of few sellers who are highly sensitive to each other’s pricing and marketing strategies in economics. Each seller is alert to competitor’s strategies and move.
*Oligopsony: It is a market where there is a small number of buyers for a product or a service.
*Price discrimination: If one product or service has different price for different buyers which is provided by the same provider, then we call that price discrimination market strategy. An example for the car insurance which offers different price for different category of drivers.

Wednesday, November 17, 2010

BUS 600 -Operations

Inventory
Inventory are the raw materials, work-in-process goods  and  completely finished goods. Inventory represents one of the most  important assets that  most businesses possess, because the turnover of inventory  represent s one of the  primary sources of revenue generation and subsequent earnings for the company’s shareholders or owners. The are five major and legitimate justifications reasons for holding Inventory: pipeline, cycle, safety, anticipatory and speculative. In efficient companies, materials arrive just in time for production : just-in- time inventory.
JIT (Just-in-Time) inventory is the big thing right now in operations.  This, along with lean operations and six-sigma are the buzz words being talked most about.  But what exactly is the deal with JIT operations?
First of all, JIT is a form of providing supplies for customers just in time.  For example, Dell has become famous for its JIT model which involves not even being in possession of the raw materials needed to fulfill an order until that order is placed and yet they are still capable of filling orders in a short period of time.
Another example of a JIT system is McDonald wherein McDonald's doesn't begin to cook  until a customer has placed a specific order. Both of these companies do is they provide a customer with their order as fast as possible while having the finished product sitting in inventory for as short as possible. The major benefits are better food at a lower cost.
Why use JIT? There are two major parts to JIT inventory operations: lowering the ratio between ordering costs and holding costs and shortening lead times.

Tuesday, November 2, 2010

BUS600 Quantitative Analysis

Quantitative Analysis is the very challenging and important. Because it provides the basic tools principally used in finance, accounting, marketing, and operations. It also helps solving complicated problems.


Decision Theory
A decision tree diagram is included activity forks and event forks at the junctures. It can organize the problem’s alternatives, risks, and uncertainty. Decision tree analysis consist five steps:

Step1. Collect all the possible alternatives and risks associated with the situation.

Step2. Evaluate and calculate the monetary consequences of each of the alternatives.

Step3. Select the uncertainty associated with each alternative.

Step4. Combine the first 3 steps into a tree diagram.

Step5. Then, choose the best alternative and consider the non-monetary aspects of the problem.

Other definition of Quantitative Analysis
http://davidmlane.com/hyperstat/Statistical_analyses.html

http://fmx.sagepub.com/content/21/1/91.abstract

http://www.google.com/intl/en/analytics/

ftp://ftp.qualisresearch.com/pub/qda.pdf