The Position Of Director Is Responsible For Operations...

Qualifications Requirements: Director: The position of director is responsible for operations within the childcare center, to include acquiescence with regulations and communication with the department. As a director, he or she is to remain on the premises during all hours of operation and will be unable to accept any other form of employment that may interfere with stipulated duties. In order to become a director for a childcare center, an individual must meet several prerequisites before employment. These prerequisites include: background check, finger print clearance, health screening report with TB test, high school graduation or GED and 15 semester units at an accredited college in specified early childhood education classes. Three of the required units are to be in administration or staff relations, the remaining 12 units are to be in areas specific to child growth and development; child, family and community. Among these educational requirements, the individual must have completed four years of teaching experience, in a licensed center or an equivalent childcare program. However, two years are only required if the director has an AA degree in the area of child development or a child development program director permit, which must be issued by the California Commission on Teacher Credentialing. Teacher: In order to qualify for a teaching position at a childcare center, the individual must pass several perquisites in order to obtain a position of employment. TheseShow MoreRelatedEvaluation Of A Manager When Planning For Child Care Centers2113 Words   |  9 Pages1.Ans. As a manager when planning for child care centers, manager must consider the following legislative requirements: 1. Children and Young Persons (Care and Protection) Act 1998 2. Children’s Services Regulation 2004 3. Any relevant Local, State or Regional Environmental Planning Policies Council is responsible for checking compliance with above, and the Department of Community Services (DOCS) is responsible for licensing child care centers and checking compliance of plans. Some Managerial organizationalRead MorePlanning For Child Care Centers2007 Words   |  9 Pages PART A: 1. As a manager when planning for child care centers, manager must consider the following legislative requirements: Children and Young Persons (Care and Protection) Act 1998, Children’s Services Regulation 2004, Any relevant Local, State or Regional Environmental Planning Policies Council is responsible for checking compliance with above, and the Department of Community Services (DOCS) is responsible for licensing child care centers and checking compliance of plans. Some Managerial organizationalRead MoreCorporate Structure of Yamaha23785 Words   |  96 PagesCustomer Support System Improving Convenience by Standardizing Customer Helpdesks Policies for Retained Earnings and Returns to Shareholders Proactive Investor Relations Efforts to Promote Understanding of the Company Inclusion in Socially Responsible Investment Indexes Initiatives for Employees Basic Policy on Hiring and Employment Job-Tailored Training and Education Systematic Transmission of Skills Initiatives for a Better Work-Life Balance Assisting Women s Careers Measures to PreventRead MoreGreat State Wheat Flakes Cant Be Beat16284 Words   |  66 Pagesapproached her boss Steve, the copy chief at HKM, asking his counsel. Steve explained that Charlie’s suggested slogan was an â€Å"implied superiority† claim. Steve explained that such claims are commonly made for commodity brands. They stake out a parity position which does not claim to be superior to, but only as good as, other brands, while using copy that suggests or implies superiority for the named brand. He cited several current and classical examples, such as â€Å"Nothing else cleans better,† â€Å"The maximumRead MoreGreat State Wheat Flakes Cant Be Beat16274 Words   |  66 Pagesapproached her boss Steve, the copy chief at HKM, asking his counsel. Steve explained that Charlie’ s suggested slogan was an â€Å"implied superiority† claim. Steve explained that such claims are commonly made for commodity brands. They stake out a parity position which does not claim to be superior to, but only as good as, other brands, while using copy that suggests or implies superiority for the named brand. He cited several current and classical examples, such as â€Å"Nothing else cleans better,† â€Å"The maximumRead MoreNordstrom Human Resource Paper5437 Words   |  22 Pagesthe customer. Even though the salesperson is the front man for the company, the human resource and management team act as the glue that holds the company together. The president of the company, Blake W. Nordstrom, says that people in support positions â€Å"like myself or someone in human resources that isn’t on the floor manning a register,† needs to understand that their job is to use the â€Å"energy and the activities they’re doing contribute to a better customer and employee experience† (HR MagazineRead More7 Eleven Case Study13121 Words   |  53 PagesSeven-Eleven We are striving for retail industry that responds sincerely to the demands of society. President and COO Seven-Eleven Japan Co.,Ltd. Toshiro Yamaguchi The establishment of Seven I Holdings in September of this year has put us in a position to meet compliance and CSR requirement as an operating company. As one of the Seven I Holdings operating companies, we will continue to develop our convenience store franchise business based on our fundamental philosophies of Modernizing and revitalizingRead MoreWomen on Corporate Board of Director14863 Words   |  60 PagesIn this decade, we have seen an increase in women s participation in the board of director. Previously, we can see around the world, every board of director of a single company led by men only. But, over the time, women are slowly absorbed into the board of director and they play a great role as well as a good impact in the improvement of the company. A new study suggested that, putting women on boards of directors is a good way to make companies more profitable and better governed. It is becauseRead MoreCase Study Essay10964 Words   |  44 Pagesbefore they purchased a garment. From very early on, Chouinard h had been â€Å"tormented by the realization† that his ow company wn might be responsible for overconsum mption, and called out to customers to reduce their con nsumption in a reflection in 19956 and again in a 2004 catalog essay.7 He worried that Patagonia coul â€Å"never be ld completely socially responsible,† a and this anxiety motivated Chouinard to push Sheahan to implement this new initiative.8 mpted to carry out Chouinard’s vision, PatagoniaRead MoreIkeas Organizational Behavior8907 Words   |  36 Pagesstereotypical â€Å"boss†, rather than be all a part of one team. Culture Center - Together In the hometown of IKEA, Älmhult, there is a Culture Center called Together. It is a place for employees all over the world to attend education, meetings and to learn about the company culture. There is a lecture hall, access to product archives and documents, as well as exhibitions and interactive installations. Employees are stating that the center is a great help to keep their foundational values alive and that

The Jacksonian Era Of The Common Man - 1561 Words

The Jacksonian period (1824-1841) is widely recognized as the era of the â€Å"common man†. To an extent, this statement is true due to the numerous political advancements that increased the rights of the â€Å"common man†. However, the political developments alone do not form a full picture of this period. In contrast with the progress in the political sphere, the economic developments during this era oppressed the people as America plunged into the worst financial depression it had seen to that point. The American government in the 19th century was perfectly summed up, ironically, by a Frenchman, Alexis de Toqueville. Toqueville was a French historian who documented and studied American democracy extensively and was an avid supporter of American democracy. He wanted France to mimic American governmental institutions. In his book, Democracy in America, Toqueville says, â€Å"Long before the appointed day arrives, the election becomes the greatest, and one might say the only, affair occupying men s minds....the whole nation gets into a feverish state† (Document 7). Toqueville is referring to the voting fervor that took hold of America during elections. With the advent of universal male suffrage, more and more people were able to vote and they fully exercised this right as evident by voter participation statistics from 1824 to 1848. Voter participation increased from 23 percent to 73 percent in the span of 24 years (Document 6). Voter participation increased over the years dueShow MoreRelatedAndrew Jackson’s ‘Era of the Common Man’ or the ‘Jacksonian Period’ (1824-1845)1100 Words   |  5 PagesAndrew Jackson’s ‘Era of the Common Man’ or the ‘Jacksonian Period’ (1824-1845) starts at his inauguration, and ends as the Civil War begins. Jackson was the first president that was not born into wealth or education, but instead made his own wealth, and taught himself up to a prime education, a ‘self-made man’, as some may say, this and his military history made him the defining figure of his age. Although, he downplayed his past successes to make him more like the ‘common man’, and appeal to theRead MoreJeffersonian Republicanism vs. Jacksonian Democracy1441 Words   |  6 Pagesvery different eras, ranging from 1800-1808 and 1808-1840 respectively, that established two very different political philosophies. Each formed their own system that helped shape the way people think about American government. Liberalism is a political philosophy that goes against the established status quo at the time in order for change, where as a conservative is one which adheres to principles established by that same status quo. The Jeffersonian Republicans image of the common man was one vestedRead MoreJeffersonian And Jacksonian Democracy1574 Words   |  7 PagesJeffersonian and Jacksonian Democracy both have roots dating back to the Era of Good Feelings, when James Monroe created a golden climate of liberalism and national unity. As a result of the War of 1812, Monroe spoke of his policies and beliefs and in 1817, peace, liberty, prosperity, and progress flourished throughout the nation (Garraty 200). The Era of Good Feelings came to an end because of the â€Å"corrupt bargain† in 1824. The transition from Jeffersonian to Jacksonian Democracy involved scandalousRead MoreThe Importance Of Jacksonian Democracy722 Words   |  3 PagesAndrew Jackson, war hero, man of the people, and seventh president of the United States of America led the Jacksonian Democrats; this political group was formed antebellum America. The democrats tried to aggrandize the puissance of lower classes, Americans that did not have as many opportunities unlike the aristocracy. While decreasing the clout of the rich and potent. Economically, they achieved benefits from governing during a period where huge advances in transportation, which ul timately acceleratedRead MoreJacksonian Democracy1151 Words   |  5 PagesTopic: Jacksonian Democrats viewed themselves as the guardians of the United States Constitution, political democracy, individual liberty, and equality of economic opportunity. In light of the following documents and your knowledge of the 1820s and 1830s, to what extent do you agree with the Jacksonians view of themselves? Andrew Jackson began a whole new era in American history. Amongst his greatest accomplishments were evoking the common man to be interested in government and tailoringRead MoreInequality : Andrew Jackson Won The Presidential Election950 Words   |  4 Pagesfearless Jackson boasted; ‘a calm dose not suit me† (George Brown Tindall 442). His two terms in office was called the age of the common man. However, the Jacksonian democracy was actually the era of growing economic and social inequality. The growing gap between the wealthy and the poor and open racial behavior are two points that demonstrate how the age of the common man became instead the age of inequality. â€Å"While men of moderate means could sometimes turn an inheritance into a fortune by good managementRead MoreAndrew Jackson s Impact On The American History1142 Words   |  5 Pagesbecame the seventh president of the U.S in 1829, and a populist one, who earned a number of transformative achievements to h is name. More importantly, Andrew’s presidency marked the advent of the Jacksonian era. The Jacksonian era in particular was monumental in the construction of democracy for the common man. Nonetheless, Andrew Jackson had a number of achievements and accomplishment that will live to transcend the American history for many years to come. The Creek war is one of the pivotal turningRead MoreThe Era Of The Common Man844 Words   |  4 PagesThe era of the common man was a period between, 1824 through 1848, described to be the era of wealth, hope and power. During this period Andrew Jackson s presidency helped United States grow as a nation and live up to the era’s name; through the economic developments, changing politics that benefited the common man, and different reform movements. The Tariff of 1828 commonly known as the â€Å"tariff of abominations† decreased the Southerners economy drastically. The Southerners had to pay for raw materialsRead MoreEssay on Jacksonian Democracy1049 Words   |  5 PagesJacksonian Democracy   Ã‚  Ã‚  Ã‚  Ã‚  Andrew Jackson began a whole new era in American history. Amongst his greatest accomplishments were evoking the common man to be interested in government and tailoring democracy to satisfy the same common man’s needs. Of course, Jackson could not go about making such radical changes without supporters, but that never surfaced as a problem. Jacksonian Democrats, as they came to be called, were great in number during the 1820’s and 1830’s. They advocated all of theRead MoreEssay on Democracy and Jacksonian Democrats817 Words   |  4 PagesJacksonian democrats viewed themselves as the guardians of the Constitution, political democracy, individual liberty, and equality of economic opportunity. In light of the documents and your knowledge of the 1820s and 1830s, to what extent do you agree with the Jacksonians view of themselves? Jacksonian democrats viewed themselves as the guardians of the Constitution, political democracy, individual liberty, and equality of economic opportunity. In light of the documents and your knowledge

Deontology And Utilitarianism Values And Society First...

Nahoum Abara Dr. Byron Willist PP-110-B 2/10/2015 Deontology and Utilitarianism – Values and Society First Essay Philosophy consists of two major theories which aim to deny and validate moral rules and principles: deontology and utilitarianism ethics. These two perspectives give philosophy its wide range of concepts and decisions to frame our lives, giving structure to what we believe is right and wrong. More often than not, these concepts bring argument to what has already been set in stone by tough, controversial philosophers such as Immanuel Kant and Jeremy Bentham due to the nature of the topics and sensitivity they cause. In this essay, I look to discuss the trolley example in relation to deontology and utilitarianism; what each of these concepts tells us about the best way to behave in the example, and concluding with which concept is right? I will begin with a theoretical situation to further help my definition of these two concepts and the strong opinions the philosophers would have, before applying them to the trolley example for a clear, concise understanding; A man brings his sick, innocent son to the hospital only to be devastated by the horrifying news that his son has been diagnosed with a life threatening disease, with doctors sure that he will only have days to live devoid of treatment by X medicine. However, the unfortunate catch is that this miracle X medicine costs one trillion dollars, rendering the man unable to do anything. Without hesitation,Show MoreRelatedConsequentialism And Consequentialism : Virtue Ethics, Consequentialism, And Deontology1200 Words   |  5 Pagesethics, consequentialism, and deontology. In this essay, I will more concentrate on consequentialism, especially utilitarianism, and deontology to make compare and contrast analysis of each other and how each case works differently and causes divergent result in the same scenario. Both consequentialism and deontology is underlying the action-based theory, a traditional approach to focus totally on the actions that performed by one. Although both consequentialism and deontology is under the same approachRead MoreDescribe the Main Principles of the Two Normative Ethical Theories of Deontology and Utilitarianism. Compare and Contrast the Two Theories, Bringing Out Any Problems or Limitations You See in Each.1652 Words   |  7 Pagestheories of deontology and utilitarianism. Compare and contrast the two theories, bringing out any problems or limitations you see in each. Bioethics Essay †¢ Intro: Define ethics and define and introduce the two theories. (philosophical theories†¦) †¢ Utilitarianism- example †¢ Deontology- example- compare †¢ comparing- evaluating and critically analyzing*- similarities and differences. †¢ Limitations and positives* †¢ Conclusion- summary of essay and own opinionRead MoreEthics Systems Of Accounting : Comparing Deontology And Utilitarianism1482 Words   |  6 PagesAccounting: Comparing Deontology and Utilitarianism Ethics are crucial to the accounting profession and the business world, so choosing an ethics system to base your moral decisions on is extremely important. Accountants and all business professionals will be confronted with moral dilemmas on a daily basis. Being strong in your faith and knowing what you believe in will help you to always make the right decision. Based on this reasoning, this essay will explain why deontology is the best ethics systemRead MoreDeontology Theory : Ethics And Moral Reasoning1137 Words   |  5 PagesDeontology theory-Immoral/moral behavior Jeann Henry PHI208: Ethics and Moral Reasoning (ACQ1519B) Instructor: Julie Pedersen May 21, 2015 â€Æ' Is it right for our society to be held for immoral behavior when it is already being displayed in our society and within the cultural areas in our lives? Right or wrong ways are always among our society, and when we are dealing with an ethical theory deontology system seems more established. This ethics theory, conducts a matter of right and wrong. This indicatesRead MoreUtilitarianism And Deontology From A Business Perspective1875 Words   |  8 PagesThe purpose of this essay is to analyse and evaluate both Utilitarianism and Deontology from a business perspective. To come up with an answer to the age old question of what is better for business Utilitarianism, Deontology or something else? These two main ethical concepts rule almost all decisions made by companies nowadays. The paper is structured so that first it analyses Utilitarianism and compares it to Deontology by first defining the ethical terms based on current literatures, and laterRead MoreUtilatarian, Deontology and Vir tue Ethics1618 Words   |  7 PagesUtilitarianism is defined as ethic based on consequences. An act, either it is morally wrong or good is acceptable as long as the end outcome is greater. In this essay on utilitarianism, I would argue Peter Singer’s calculus preferences, equality is for all living being but sacrificing one for greater good is plausible. Counter argument of Immanuel Kant’s moral deontology claim, it is immoral to consider a human being as a means to an end. John Mills’ actions are right as long they promote happinessRead MoreThe Theory Of The Media2438 Words   |  10 Pagessupport controversy, and advertise. Within this essay the application of the three classical theories: utilitarianism, deontology, virtue ethnics; and the three alternative perspectives relativism, emotivism, and ethnical egoism will depict the actions, responsibly, and goal of the media. Due to the fact that the media extends to millions of people, â€Å"majority rules† is the best way to control how and what is distributed by the media. Utilitarianism is the theory that is based on emotions by supportingRead MoreEthics : Ethical Theories, Utilitarianism, And Virtue Ethics1977 Words   |  8 Pagesethical theories we’ve examined, Utilitarianism, Deontology, and Virtue Ethics. This essay will address two of the three major ethical theories, Utilitarianism and Deontology. Utilitarianism applied to business is the ethical approach that focuses on the consequences. In dealing with consequences utilitarianism looks at the risk versus reward or pleasure versus pain. Thus striving to create the most amount of reward or pleasure for the most amounts of people. Utilitarianism is technically a sub classRead MoreEssay about An Ethical Theory Applied to Business Organizations2816 Words   |  12 Pages The object of this essay is to establish whether there is an ethical theory that can be successfully applied to business organizations. In order to answer this question, it is necessary first to define the major ethical theories, which are utilitarianism, deontology and virtue ethics, before determining whether there are any other options. After that, the ethical needs, problems and limitations of work organizations will have to be examined so that the different theories can be evaluated in thisRead MoreWhich Theory of Ethics Do You Believe to Be Most Accurate or Useful in2848 Words   |  12 PagesThe object of this essay is to establish whether there is an ethical theory that can be successfully applied to business organisations. In order to answer this question, it is necessary first to define the major ethical theories, which are utilitar ianism, deontology and virtue ethics, before determining whether there are any other options. After that, the ethical needs, problems and limitations of work organisations will have to be examined so that the different theories can be evaluated in this

Project Formulation and Business Planning

Question: Discuss about the Project Formulation and Business Planning. Answer: Introduction: The study has been conducted on the Indian Restaurant industry. An organization is opening an restaurant in India and the report has been made on providing an idea about the Indian restaurant industry. Opening a business, especially in India, is not an easy task. The competition is very high, as there already exist big organizations like KFC and McDonalds (Rao Parekh, 2016). It is essential for the organization to have the idea of the existing market and target audience. Based on the finding, the business plan of the restaurant needs to be designed. The report consist of the description of the restaurant such as the history of it, markets it will serve, the service and product it will provide, financial status and many more. In addition to that, the analysis of the business environment has been conducted. In this analysis, a systematic review of the business model with the KFC and McDonalds has been done. Business Description: History of the Business: The business is at the startup stage. The idea of opening the restaurant is feasible and the business models are credible. The business models are adequate for delivering the services or products to the targeted market (Majumdar et al., 2013). The restaurant has already been taking good response from the investors and the ideas behind the business are very innovative. Markets the Business Will Serve: In India, everyone is very particular about the food they eat. The market is full of opportunities but extreme precautions must be taken by the organization to attract the customer. The main target market for the restaurant will be families. The restaurant will serve both the vegetarian and non-vegetarian foods (Dutta et al., 2014). Business Type: The restaurant is a service business. The services can be considered as the term that demonstrates function that sustains the restaurant business. However, it does not generate a tangible commodity. In order to upgrade the service, the restart will make use of information communication and technology assets (Dogan et al., 2016). The restaurant will provide the service to the target audiences in and out of the restaurant. Service of the Restaurant: It provides fast casual, fine dining and casual dining services to the consumer (Axelsson, Malmberg Zhang, 2015). For each type of service, the restaurant will have different staffs. The fast casual can be observed as the fast food services but the food quality is much better and healthier. The fine dining and casual dining are kind of same services but different foods of different prices (Downs et al., 2013). The Reason behind Using the Service: The restaurant takes care of the consumers requirements in an adequate period (Bujisic, Hutchinson Parsa, 2014). The consumers do not need to remind the servers about refilling their drinks or taking orders. The welcoming service of the restaurant is very friendly. The waiters, managers and other staffs are available while the consumer experiences services (Tiwari Jindal, 2017). Financial Status: The capital that is needed to be starting the restaurant is already been organized. It has been observed that the ROI or return on investment will be positive, except the first year of the opening (Wang et al., 2016). Business Environment Analysis: Within this segment of the report the systematic review among the restaurant, KFC and McDonald has been conducted (Miller 2016). Within India, KFC and McDonalds are the biggest names in this industry. These two brand names are enough to catch the attraction of the consumers. In this situation, the industry must be able to define its brand in such way that it can attract its target audience and get a good hold in the market from the start (Jeong et al., 2016). In order to do the review the business models of the restaurant will be discussed first. The business model of the restaurant is consist of unique value proposition, target consumer base, marketing strategy, menu choices, financial projections, an assessment of competing restaurants. The restaurant is determined to provide the diners what the other restaurants do not have (Bujisic, Hutchinson Parsa, 2014). Even for getting hold in the market against big names like McDonald and KFC, the restaurant is destined to provide services to the consumer that they never experienced anywhere. In the next part, the menu of the restaurant comes up. As it has been already discussed that the restaurant will provide three kinds of services to the consumer, the total list of menu is very long (Tiwari Jindal, 2017). The restaurant has includes some of the lists in the menu that are different from the other competitors like KFC and McDonalds. It is estimated that with the promotions, it will be easy to have regular customers from the starting day. It will assist the restaurant to fulfill the projections for the future revenues. The expenses associated with the host, a part of restaurant operation, will be collected from the regular business from one of the three services (Axelsson, Malmberg Zhang, 2015). The potential future expansion of the sutra is very good. The marketing strategy of the restaurant will be very simple and consumer centric. The management will analyze the review of the consumers and marketing strategy will be developed on the findings. Begin discussions with nearby organizations in eatery's territory. A considerable lot of them get cooking for uncommon snacks or gatherings all the time. Offering them a rebate with the goal that they arrange from restriction is an incredible technique (Majumdar et al., 2013). In addition, eatery needs to ensure that it give them its full menu physically. Giving individuals an additional motivating force to attempt eatery is surprisingly is an awesome approach to transform them into steadfast clients. Typically, an offer of no less than twenty percent off is sufficient. Eatery can likewise attempt two for one deal, free tidbits and whatever else the proprietor can think about that would bring more individuals into eatery (Dogan et al., 2016). The marketing strategy of the business consists of analyzing the target consumer, competition, brand-development method and many more. Conclusion: From the above study, it can be concluded that the restaurant is going to be hit as soon as it starts providing services. It is very significant that restaurant owner understands the restaurant industry of India. In order to get a good hold onto the market from the beginning, proper promotions of the business is required. Every aspect of the business has been clearly covered within the study. However, it lacked in mentioning the incorporation of IT assists into the business environment. The competitors like McDonalds and KFC for generating future buying patterns and forecasting the sales effectively and widely use the information technology. Restaurant must make use of an central IT system that can track and control all the separate three services that it provides to the consumers. The report also lack in describing the marketing strategy. Though the components of the strategy has been identified, the insight or significant of those components are not present in the report. The resta urant has made a great decision by dividing the vegetarian section from the non-vegetarian section. In India, it is very important that the vegetarian and non- vegetarian foods do not mix with each other. Bibliography: Axelsson, L., Malmberg, B., Zhang, Q. (2015). On waiting, work-time and imagined futures: Theorising temporal precariousness among Chinese chefs in Swedens restaurant industry.Geoforum. Bujisic, M., Hutchinson, J., Parsa, H. G. (2014). The effects of restaurant quality attributes on customer behavioral intentions.International Journal of Contemporary Hospitality Management,26(8), 1270-1291. Dogan, H., Guney, D., Goller, V., Dogan, ?. (2016). Tourism Students environmental Concerns And Willingness To Pay More For Green Products In The Restaurant Industry: A Comparison Between Turkish And Portuguese Tourism Students.Publication name, 88. Downs, S. M., Thow, A. M., Ghosh-Jerath, S., McNab, J., Reddy, K. S., Leeder, S. R. (2013). From Denmark to Delhi: the multisectoral challenge of regulating trans fats in India.Public health nutrition,16(12), 2273-2280. Dutta, K., Parsa, H. G., Parsa, R. A., Bujisic, M. (2014). Change in consumer patronage and willingness to pay at different levels of service attributes in restaurants: A study in India.Journal of Quality Assurance in Hospitality Tourism,15(2), 149-174. Jeong, E., Jang, S. S., Day, J., Ha, S. (2014). The impact of eco-friendly practices on green image and customer attitudes: An investigation in a caf setting.International Journal of Hospitality Management,41, 10-20. Majumdar, D., Chintada, A., Sahu, J., Rao, C. C. (2013). Emissions of greenhouse and non-greenhouse air pollutants from fuel combustion in restaurant industry.International Journal of Environmental Science and Technology,10(5), 995-1006. Miller, C. (2016). An Analysis of the International Expansion of Burger King. Rao, G., Parekh, K. (2016). Impact of Quick Service Restaurants (QSR) such as McDonalds, KFC on smaller Indian eatery joints such as Udipi.Reflections-Journal of Management,2. Tiwari, P., Jindal, R. (2017). Job Satisfaction in Food and Beverage Industry.International Journal of Innovative Research and Development|| ISSN 22780211,6(1). Wang, Z., Mathiyazhagan, K., Xu, L., Diabat, A. (2016). A decision making trial and evaluation laboratory approach to analyze the barriers to Green Supply Chain Management adoption in a food packaging company.Journal of Cleaner Production,117, 19-28. Project Formulation and Business Planning Question: Discuss about the Project Formulation and Business Planning. Answer: Introduction Report on the market analysis includes various important aspects that are required in almost every type of industry or a company, especially when someone new is entering into the market of the country. Market analysis consists of various unique characteristics regarding a particular market in which the company wants to carry its business. All these factors included in the market analysis helps in taking several decisions for the sake of the business and all this is possible due to the collection of data done through this method. All the information collected through this method will help in determining various appropriate values related to the figure and the pricing of the product in the current situation of the market (Team, 2017). Description and Outlook ResMed is the Australian based manufacturing company. It manufactures a large variety of products related to the treatment of various sleep disorders. The company is the global manufacturer of CPAP, BI-PAP machines, masks, etc. being used for treating the people having any type of sleep disorder. The company also manufactures a large variety of respiratory products, etc. MR. Michael Farrell is the CEO of the company and MR. Robert Douglas is the president of the company. The company is delivering its services in more than one hundred countries across the world. Target Market With the help of the market analysis the data is collected from the different- different markets across the world. The data collected shows that the Sleep Apnea market is expanding rapidly and it is expected that the market will worth approximately $20 Billion by the year, 2017. The market of the U.S. is the largest market as if compared to many other markets across the different countries on a world-wide level, which uses the maximum products related to sleep disorders. ResMed is the leader company, which is manufacturing and delivering the best quality of products as well as services to its customers. ResMed holds approximately 70% share of the market by providing a large variety of products at a reasonable price along with the better monitoring devices and software for treating the patients. 65% to 70% share of the sleep apnea mask is occupied by the ResMed (Parmar, 2012). The company is expanding its business in almost all the countries and this complete process is dependent on v arious facts, which are as mentioned below. Characteristics: - The Company is providing a variety of products to its customers, depending upon the requirement of an individual. The company is manufacturing a variety of devices depending upon the age, sex, location, etc. of the patient. Breathing and the respiratory machines, masks, etc. all are available in different- different sizes and functioning. Therefore, one can select according to his/her requirement (Franklin, 2012). Market size: - As we know, the company is rapidly expanding its business world-wide. Various facilities like professional clinics and home health providers are being provided by the company, which are very beneficial for the people facing any type of sleep disorder. People across the world are availing all types of services being provided by the experts. The data collected recently shows that, approximately 20% people have been tested at their own place and rest of the people at the labs being operated by the professional of the company. Approximately six thousand professionals are working for the company across the world. Competitive Analysis In this section of market analysis the complete information about the competitors of the company is provided. It also includes the information about the variety of products being manufactured and delivered by other companies across the world. As we know, the market of the products being manufactured by the company is very high. The company has to face a large number of difficulties for competing with others those, who are delivering similar type of products in the market. The success of the company is dependent upon the reliability of the products, the support of the customers, reputation of the company in the market, etc. ResMed has a large number of competitors like Phillips, De Vilbiss, Nellcor Puritan Bennett, Fisher Paykel, etc., which are providing similar type of products in the market. The faith of the customers on the ResMed is one of the biggest supports for the company due to which more and more people are interested in buying ResMeds product. Covering the maximum share o f the market across the world the ResMed is providing high quality of products for providing solutions for the problems being faced by the people related to disorders of sleep (CSIMarket Company, 2017). The competitive analysis of the company consists of various factors which are as mentioned below: - Market: - ResMed holds a large share of the market by providing a large variety of products in the different markets of the world. Strength: - The best quality of products, i.e., CPAP, BI-PAP machines, masks, respiratory machines, etc. being manufactured by the company. Services provided by the company helps in generating faith among the customers, which is one of the largest strengths of the company. Target market importance: - The management of the company keeps on surveying about the latest technologies for the machines and about many other requirements of the people, which is not being provided by many other companies. Barriers: - The Company is facing many difficulties in enhancing its products or providing remote solutions to the customers for monitoring their devices easily. These are some of the barriers for the company responsible for slowing down the expansion of the company. These are the only factors responsible for affecting the future of the company. Environmental Analysis Environmental analysis is a tool used for the identification of various internal and the external factors affecting the working of the company. The environmental analysis consists of various factors but the four main factors are Technological environment, Regulatory environment, Economic environment and the last one is social environment. All these factors are as mentioned below. Technological environment The Company is using latest technology for the manufacturing process of the machines. The various devices being manufactured in the company are equipped with the latest technology, which is helpful for curing the patients (Research, 2014). Regulatory environment The management is responsible for adopting all the instructions given by the government of the country for the safety of the customers. Various regulations are being followed within a scaled Agile framework. The complete manufacturing process is done according to the guidelines of the countrys government and according to the stakeholders of the company. Economic environment Various steps have been taken by the management to control various economic factors affecting the overall working of the company. All these steps taken are responsible for minimizing the use of natural resources and helps in creating awareness among the employees of the company. Various policies are being introduced for the improvement of the economic factors. Social environment Tt describes various factors affecting the physical conditions of the company. It affects both the company as well as the people using the devices being delivered by the company.in this phase, the company is focusing and developing machines according to the requirement of the people belonging to different- different categories or groups. Projections Projection of the company is completely dependent upon the two main factors, i.e., the pricing and the market share of the company. In the market share we can say that while occupying the maximum share of the market the company is completely focused on the future growth of the company by enhancing their devices with the latest technology, so that each and every person can use and monitor his/her device easily. In the pricing section, the products of the company are easily available in the market at a very reasonable price, so that each and every person can avail them as per according to their need (Research, 2014). Regulations In this section, the safety measures are considered for the safety of the people using the variety of devices manufactured by the company. The products of the ResMed are adherence to FDA quality system regulation and are manufactured according to the manufacturing standards. The regulations fixed by the FDA are responsible for the safety of the people, using all those devices which are being manufactured, labelled and marketed by the company. All these regulations help the people in making an effective and efficient use of the device they have purchased from the company (Graves Lee, 2017). Data collection In this step, the complete information about each and every action of the company is recorded. Various purchases and sells made by the company across the world is collected in this phase. The successful accomplishment of this phase is dependent upon various factors which are as mentioned below. Customers: - Customers play an important role in collecting various types of information about the market. By making good and long lasting relations with the customers helps the company in the expansion of their business. Getting feedbacks from the customers also helps in making several important changes. Employees feedback: - In this step, the information is collected by the employees of the company about the various problems being faced by them and many other important changes required for the sake of the companys business. Internet: - With the help of the internet and many other social media channels, company can easily get connected with more and more customers, because this will help the company in attracting more and more people towards them, which directly influences the business of the company. Conclusion According to this report, we can say that, market analysis is must for the success of any type of business. With the help of the market analysis the company can easily fetch any type of detail from the market. This helps in representing the current status of the company in the market as well as it also expresses the current position of the market. All these factors are responsible for the success of the business. ResMed is the company providing the best quality of products and services to its customers, while keeping in mind about all the necessary requirements of the people. References CSIMarket Company. (2017). RMD Sales vs. its Competitors Q4 2016. Retrieved from https://csimarket.com/stocks/compet_glance.php?code=RMD Franklin, D. (2012). ResMed Secure in CPAP Position Despite Increased Challenges. Retrieved from https://blueshiftideas.com/reports/101209ResMedSecureinCPAPPositionDespiteIncreasedChallenges.pdf Graves, A., Lee, A. (2017). ResMed Named Global Leader in Remote Patient Monitoring. Retrieved from https://www.resmed.com/us/en/consumer/newsandinformation/news-releases/2017/resmed-named-global-leader-in-remote-patient-monitoring.html Parmar, A. (2012, July 26). Sleep Apnea Market to Double in 5 Years. Retrieved from https://www.medpagetoday.com/practicemanagement/practicemanagement/33924 Research, P. (2014, November). ResMed Inc (RMD: NYS): Analytics, Extensive Financial Metrics, and Benchmarks Against Averages and Top Companies Within its Industry. Retrieved from https://www.researchandmarkets.com/reports/3035404/resmed-inc-rmd-nys-analytics-extensive#rela7 Team, R. (2017). ResMed official website. Retrieved from https://www.resmed.com/: https://www.resmed.com/us/en/consumer.html