This website uses cookies to ensure you have the best experience. Learn more

Developing Good Business Sense Essay

859 words - 4 pages

Developing Good Business Sense
Brad Brownlee
BUS/210
June 5, 2011
Instructor: Amber Williams

Developing Good Business Sense
There are many different types of companies out there that provide services for the world. In this paper we will look at three companies that provide different services to the world. These companies are Burger King, UPS, and Belk’s. All three of these companies has a operation system in place that allows them and their teams to serve the public with a specific kind of product. Burger King is a fast food chain, UPS is a parcel service that delivers packages, and Belk’s is a retail store that supports clothing lines for customers to purchase.
All three of these ...view middle of the document...

Belk’s is a retail store that provides clothing for customers. The input side for them is keeping clothes stocked on the shelves and racks for customers to purchase. The operations is having employee’s that are able to help customers with picking out the right sizes and style they are looking for. It is also important in operations for them to have the store setup so that different brands are in different areas so that it is not jumbled up. The output is having inventory sitting there and not be able to move it. Having the right sizes and styles helps to move it through faster and keep the cost down for the consumers.
The main kinds of OMM cost that these companies have are: Raw Materials and Components Cost, Plant Cost, Labor Cost, Inventory Cost, and Distribution Cost. All three of the companies that we have talked about have these cost associated with them. Having these cost affects their OMM operations by determining how much things will cost at the bottom end. Raw Materials and Components Are the food, boxes, and general supplies all these companies need to operate. Plant Cost is how much it takes for the companies to produce their products and supplies to be able to have ready for the customers. Labor Cost is the cost of having the right number of employee’s ready to make the products ready, and to help with customer service. Inventory Cost is how much inventory they have on hand and...

Other Papers Like Developing Good Business Sense

Developing Good Business Sense Essay

756 words - 4 pages Developing Good Business Sense Lawrence O’Brien University of Phoenix Online For this assignment I have chosen to observe the Operations and Material Management processes of three different fast-food restaurants. It is often joked that if a person cannot perform the job that they are currently at, they can always get a job at McDonalds, Wendy’s, etc. I believe this comment has a basis in the fact that due to the OMM processes of these

Developing Good Business Sense Essay

999 words - 4 pages Lydina J. Howie Developing Good Business Sense /BUS 210 William Price Jr. March 7, 2010 The three companies that I choose for this project are Procter & Gamble, Macy’s, and Red Lobster. I will make notations of how employees do their tasks. I will discuss the main kinds of OMM costs companies have and how does this affect their OMM operations. Also will be discussing how

Developing Good Business Sense

858 words - 4 pages (Jones, 2007). However, companies need to be mindful that they do not reduce costs to the point that it begins to affect customer service and the company’s revenues. References Jones, G. R. (2007). Introduction to Business: How companies create value for people. New York: McGraw-Hill/Irwin U.S. Census Bureau. (n.d.). Population Finder. Retrieved from http://factfinder.census.gov/servlet/SAFFPopulation?_event=ChangeGeoContext&amp

Developing Countries vs Developed Countries

1797 words - 8 pages The emergence of developed countries as major players in global business has made it more difficult for developing countries to succeed Contents The emergence of developed countries as major players in global business has made it more difficult for developing countries to succeed 1 1. Introduction 1 2. Global business of Developed Countries vs. Developing Countries 1 3. Role of International Organizations 2 4. Role of NAFTA 2 5. FDI

Ethics Paper

829 words - 4 pages Ethics Paper Christine Harris MGT/498 April 6, 2013 Professor John Wolcott Ethics Paper The role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas vary depending on the company’s values. Not all companies have the same ethical principles and moral values. In the process of developing a strategic plan a business should take into consideration the major stakeholder’s needs

Crisis On Developing Countries

2704 words - 11 pages some of them have good fiscal policies they are not exempt of the global crisis.The developing world has been showing an incremental in their economical activities during recent years; however it has been slowed down during the last year. Therefore many people have lost their jobs, but something to take in consideration is that the poorest people of the world live at developing countries. In the book " The Bottom Billion, Why the Poorest Countries

W8 Ba301 Business and Society

950 words - 4 pages W8 1. Define social responsibility. Social responsibility can be defined as the set of standard an organization, company or business sets in motion with the ides of developing a social conscious that strives to be environmentally responsible as well as developing policies that are for the welfare of the stakeholders of the industry. 2. List the three main reasons for government regulation of businesses. Revenue generation Public

Assignment 1: to Build or Buy

1710 words - 7 pages . Sharp Cutz was owned by a different barber previously, but the owner moved to a different part of the State to resume his business. Sharp Cutz is owned and operated by a single individual and offers competitive prices when compared to similar businesses in the area. Business at Sharp Cutz is good. The Business is making a profit of 2,000 dollars a month on average after expenses. I feel that the business could generate at least double of what

Business Ethics

1712 words - 7 pages The success of modern business is apparent, but recently there is much concern in the business-and-society literature and in the general press on whether business fulfils its social role responsibly. Business ethics, corporate social responsibility and corporate governance movements have been developed in recent decades as responses to a growing sense of corporate wrongdoing. This paper attempts to explain why the three movements seem yet to

Ford Company

973 words - 4 pages differentiation, that which is readily accessible to customers, providing innovative products and services to create a better quality product. Proposed three (3) ways that the company can increase diversity. Workplace diversity makes good business sense. I would first identify the need. In order to increase diversity at Ford, HR will need to be able to think outside the box. They need to be creative, diverse and have a flexible mindset for new ideas that

Business Structure

671 words - 3 pages  Business Structure FIN/571 January 19, 2015 Business Structures When one is considering developing or starting up a business there are different aspects that one must look at, first would be what type of business structure will the business become. If one is an Entrepreneur there are different directions that one can take. However, if there will be other partners, stockholders, or stakeholders then perhaps one might consider

Related Essays

Developing Good Business Sense Essay 893 Words

893 words - 4 pages Developing Good Business Sense 1 Developing Good Business Sense Axia College of University of Phoenix Developing Good Business Sense 2 The three businesses that I’m choosing are Taco Time, Chevron gas station and, Basalite Concrete Products; Basalite is a block manufacture and sells retail, wholesale and, contractor. They

Developing Good Business Sense Essay 763 Words

763 words - 4 pages Developing Good Business Sense Developing a good business sense takes is not that difficult of a task to fulfill. It only takes a normal level of common sense, a little determination and a business-like frame of mind to achieve what many do not even dare to attempt. As answered in the questions below, there are many ways in which a business’s strategy and work productivity play on profitability. These examples of operating systems will give

Developing Good Business Sense Essay 900 Words

900 words - 4 pages DEVELOPING GOOD BUSINESS SENSE NICOLE COLEMAN BUS/210 MARCH 20, 2014 INSTRUCTOR: DR. SHONDRIA WOODS-McAFEE INTRODUCTION Each business has a way that it operates, an operation and materials management (OMM) process, which is unique to each company. It is a way that the company operates. It is the input and output process. I will be going over three different companies and discussing their unique operations and

Developing Good Business Sense Essay 1040 Words

1040 words - 5 pages Developing Good Business Sense Kristian Gellibert University Of Phoenix Abstract All companies have a system of operations, where everything has its order and everything is in place. If it weren’t for operating systems, everything would be chaos, and no one would know what their tasks are. Can you imagine a company that basically lets you do whatever, where there were no rules, no accountability? Some people think that’s crazy, but