The Success And Success Of A Small Business Owner - 754 Words

The goal of the majority of corporations, primarily the small businesses, is the continuous improvements in the manner in which they operate every year. This is a difficult feat many business owners find to be very difficult and challenging. The life of a small business owner is one filled with many challenges, both big and small. Many factors will determine the levels of confidence and success that a small business will experience. The small business optimism index consists of results compiled by a survey of small business owners, conducted on a monthly basis by the National Federation of Independent Business (NFIB). The surveys components are the result of ten factors that affect the success and progress of every business owner. These factors include: plans to increase employment, plans to make capital outlays, plans to increase inventories, expect economy to improve, expect real sales higher, current inventory, current job openings, expected credit conditions, now a good tim e to expand, and earnings trend. (MyPivots, 2010). Those factors assist the NFIB in analyzing and predicting a small businesses potential vitality, and their influence on the stock market. Although these factors seem to be comprehensive, many other factors also exist that could go overlooked which could be included and aide in presenting a much more comprehensive view for the Optimism’s report. Some of those factors will be focused on are consumer confidence, interest rates and inflation.Show MoreRelatedCritical Success Factors for Small Business Enterprises in Saudi Arabia854 Words   |  4 Pagesstudy which the critical success factors that are necessary for achieving success for a small business in Kingdom of Saudi Arabia. Small Business Enterprise or Small-Medium Enterprise (SME), in todays business environment, faces a lot of daily major challenges. Balancing the SME’s effort to address these challenges can be an intimidating task, unless a systematic approach is identified and followed. Recently, SMEs started moving towards the utilization of business success which enables SMEs to learnRead MoreHuman Resource Management At Small Businesses1121 Words   |  5 Pagesin Small Businesses Blades Qi Ni/Nicky 26036566 Human Resource Management in Small Businesses Human Resource Management (HRM) is the terminology used to illustrate formal systems devised for the management of people within an organization. It is the method of managing an organization or company that is directly related to the employees of that particular organization. The success of aRead MoreHow to Start and Manage a Successful Business1627 Words   |  7 PagesThe high failure rate of business start-ups has become common knowledge over time. According to the study by Van de Ven, Ar, Hudson, R and Schroeder (1984), the survival of a business over a short-term period of about a year and half is 54% and 25% over a period of six years. This means that the failure rate of business start-ups is a high 75%. Although studies show that business start-ups have a high failure rate, strategic business and financial planning, good management and marketing skills areRead MoreStakeholders Who Influence the Purpose of Tesco Plc and Bonzers Farm1271 Words   |  6 PagesBonzers Farm, whic h is a successful local business providing fresh produce. In this report we will get to distinguish key stakeholders in both businesses, and their relevance and the part which the play within that business. I will then conclude my report by discussing conflicts of interest and the interdependencies with those stakeholders. Stakeholders are people that have an interest in the success of business and play a role in the survival of that business. They tend to submit monthly amounts ofRead MoreThe Career That I Would Like To Attain In Five Years Would1735 Words   |  7 Pagesoccupation as an independent bookstore owner. I would like to own and operate my own bookstore in Mississauga that would compete with larger chains by providing the community with an engaging, personable experience that only small, independent businesses can provide. As a bookstore owner, I would manage the everyday activities of the business, including customer service, training and motivating employees, and developing strategies for the long-term success of my store. This career may be hard toRead MoreThe Function Of A Human Resources Department Essay1368 Words   |  6 PagesEvery business, large or small, has a human resource department that oversees and organizes all of the hiring for the business, the training of new employees , employee benefit programs, payroll, and so much more. Small business tends to overlook any guidance in human resources. Human resource is defined as the skills, knowledge, and motivation of people. The first step is understanding what the function of a Human Resources Department. The function of a human resources department is made up of sixRead MoreAnswer Chapter 1 Entrepreneurship the d1198 Words   |  5 Pagesmarket with corporate cast-offs, an attitude that small is beautiful, international economic development due to the fall of communism and the capitalization of former state-owned industries, a dream of freedom and independence, perseverance in achieving results, and the opportunities presented by an ever-changing environment. 2. What is an entrepreneur? Give a brief description of the entrepreneurial profile. Answer - One who creates a new business in the face of risk and uncertainty for the purposeRead MoreReasons for Small Business Failure Essays1672 Words   |  7 PagesSmall businesses have been considered the mainstay in countries around the world. In many European countries for example, the small business has been considered crucial to the success and flourishment of the country in general. Most individuals start upon a small business venture in the hopes of realizing ownership, independent profits and personal success. Small businesses can prove extremely successful when planned properly. Studies suggest that several small businesses, however, close or failRead MoreETH/316 Ethics and Social Responsibility: Franklin Barbecue902 Words   |  4 Pagesperfect BBQ isnt just their business its a way of life. The restaurant was not created simply as a way to make money but as a venue for the proprietors to share their love of barbeque with the world. They believed passionately in the value of barbeque as a kind of art form. For some people, food is not simply food it is a way of showing love and caring for others. Being involved in the hospitality business was a natural extension of the personalities of the owners. This highlights an importantRead MoreMgt 521 Strategic Plan Essay example1042 Words   |  5 PagesStrategic Planning In the economy today every business has a need for a strategic plan. Strategic plans are most vital for small businesses to have a strategic plan because they comprise the majority of local businesses and are more likely not to survive. No matter if the business is small or large it is important to keep this plan updated and evaluated to the businesses current standings. Typically a plan should focus on the following two to three years when it is being created. Kudler Fine

Discrimination By John Rawls And The Black Veil Of Ignorance

Discrimination has been an ongoing social issue throughout history and is still a concern today. To help eliminate this social issue, John Rawls offer a resolution on how to deal with discrimination. Rawls fails to address how to prevent biased individuals from interacting with political institutions that have been designed to be equal for everyone, therefore, making his theory unable to provide guidance to policymakers or citizens on how to eradicate discrimination. Rawls theory is known as the original position. He proposes that if we were in a position where we had to design a set of social, political and economic institutions from scratch, what kind of society would we have reason to want? (D’Arcy 2016, Lecture 2). Even though Rawls does not discuss discrimination and injustice head on, he briefly mentions a well-ordered society wouldn’t run into this social harm if they were to distribute fundamental rights, liberties and social goods behind a veil of ignorance. Rawls message ‘behind the veil of ignorance’ is he wants us to worry most about â€Å"the least advantaged† so he designs the original position in such a way that we imagine that the least advantaged could be us (D’Arcy 2016, Lecture 1 and 2). In the original position, Rawls stipulates when designing a fair society, we should be impartial to one’s own race, gender, etc. and consider everyone equal when determining basic political, soci al and economic institutions (D’Arcy 2016, Lecture 2). His idea assumesShow MoreRelatedCase Analysis : Plainfield Healthcare Center Essay1455 Words   |  6 PagesB. Introduction to the case The case is about Plainfield Healthcare Center, is a nursing home in Indiana that cares for an elderly women with frail health. The center has a black certified nurse name Brenda Chaney who works diligently every single day for her assigned patients. All nurse in the center have a duty to keep records of the patients’ conditions and any special request from them. In accordance with the Indiana state law where the nursing home has to accommodate any patient who had decidedRead MoreLiberty in the History of America Essay2150 Words   |  9 Pagesforward over a hundred years later, and John Rawls lived in a time were the conversation on equality and justice were major political issues. Rawls proposed a brand new way of looking at concepts of equality and justice and how to define them. The idea of liberty has played a significant role throughout the history of America, however how it is defined and what its implications are have changed from the Puritans, to Tocqueville and fina lly with John Rawls. The Puritans came to the New World in theRead Moreethical decision making16006 Words   |  65 Pagesthe greatest good (happiness) for the greatest number. A corollary to this notion would be that the best action is the one that causes the least harm to the fewest people. The philosopher cited most frequently as a proponent of utilitarianism is John Stuart Mill (1806–1873). To a utilitarian, the important thing is not so much your good will toward others, but rather the consequences that result from your action. (Utilitarianism is also known as consequentialism.) Determining which action toRead MoreThe Stakeholder Theory11680 Words   |  47 Pagesinput-output perspective is highlighted by the con- 68 Academy of Management Review January trasting models displayed in Figures 1 and 2. In Figure 1, investors, employees, and suppliers are depicted as contributing inputs, which the black box of the firm transforms into outputs for the benefit of customers. To be sure, each contributor of inputs expects to receive appropriate compensation, but the liberal economics, or Adam Smith interpretation, of this model in long-run equilibrium

Bottle ecosystem lab report free essay sample

Queen: Finally we are going to have a baby! (To the King) Narrator: In the month of May, the night of the full moon, Queen Maha Maya gave birth to her son. King: (To the Wise Men) What should we name our baby boy? Wise Men: Your son shall be named Siddharta, meaning he shall be the one whose wishes will be fulfilled. Be cautious however, this means that if the Prince sees a dead, old, sick person, or a monk, he will give up his wealth to become a monk himself. Narrator: The city rejoiced over the birth of their new Prince. Sadly, two days after iving him life, Queen Maha Maya died. King: (Sobbing) My beautiful wife is dead! I mustnt let my son become a monk! (To Prajapati) Please, you are the sister to my wife. You must help me raise my son. PraJapati: (To the Prince) My baby, my baby! How beautiful you are! You look so much like your mama! I will raise you to become the healthiest, happiest and smartest child in your class. We will write a custom essay sample on Bottle ecosystem lab report or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Narrator: And that she did. Siddhartha was considered popular amongst his friends for always being so considerate to all life. Siddhartha: (To the animals) Whos a good rabbit? Want an apple? (Squirrel yelps) Siddhartha: Oh no! What are you squealing about?! Youre not hurt! Dont be upset, youre okay, youre okay. (Siddhartha notices a boy beating a snake in the distance) Boy: Take that snake! Ha ha! Siddhartha: Stop it stop it! The snake is living too, for he has feelings Just as you and I do! Narrator: The Prince took it upon himself to be the animal advocate and defend their lives. One day, Siddharthas cousin, Devadatta, was treating nature cruely. bottle ecosystem lab report By swimmyswimswim

WWII - Did The Western World Do Enough For The Jews In The Holocaust E

WWII - Did the Western World do enough for the Jews in the Holocaust "When they came for the gypsies, I did not speak, for I am not a gypsy. When they came for the Jews, I did not speak, because I wasn't a Jew. When they came for the Catholics, I did not speak, for I am not a Catholic. And when they came for me, there was no one left to speak." -On the Wall at the Holocaust Museum in Washington It is impossible to learn about the Holocaust and the Second World War without the question of how it possibly could have happened arising, and along with that question comes another. The question of whether or not the Western World did enough to help the Jews in Europe. What was their reaction to the campaign of systematic persecution, robbery and murder the Third Reich inflicted upon the Jewish people? During the time leading up to the outbreak of World War II, the Western Press consistently carried numerous reports of the German's anti-Jewish policies and their purposeful victimization of the Jews living in Nazi Germany as well as the annexed territories. The general public cannot claim that they did not know what was going on, that they were uninformed. Whether or not they chose to believe it however, is a completely different story. The public were indeed outraged in many of the cases but the governments of the major European democracies felt that it was not for them to intervene for they felt that the Jewish problem classified as an internal affair within a sovereign state. The truth behind this is simply that the governments were anxious to establish cordial relations with Germany and didn't want to cause any hostility. Thus they stood idly by and remained silent as Hitler went from denying the Jews of their civil rights to denying them of their means of earning their daily bread. As much as they wanted to remain neutral, the countries of the Western World were finally forced to take a stand on the issue of emigration of Jews from the Reich who were seeking refuge. The United States maintained strict immigration quotas which severely limited the number of Central and Eastern Europeans admitted to the country each year. Even under such extreme circumstances, the US insisted on adhering to these policies and refused to modify them even slightly. Great Britain proved to be merciless as they blocked entry into Palestine and limited the amount of entry permits. The states that had the ability to absorb the immigrants such as Australia, Canada and most countries of South America, accepted agricultural workers but denied entry to professionals, merchants and skilled artisans. There were actually protests in the US and Britain organized against the admission of immigrant doctors. The President of the United States initiated the Evian Conference in 1938 in an attempt to find a means that would aid emigrants from Germany and Austria and enable their absorption elsewhere. Thirty-two countries sent delegates with hopes that a solution would be found however, it quickly became clear to all that the even the great powers who had initiated the conference were not willing to take any significant steps towards accepting the refugees. Despite the speeches and the appeals, no one country was willing to commit themselves to practical measures, the smaller countries following the example of the larger ones. An international committee was set up in London for refugee affairs but it lacked funding as well as a place towards where they could direct the refugees. It is evident here that it is not a lack of knowledge that something had to be done, but rather an unwillingness that prevented the Western World from helping the Jews. Words are just that, mere words, unless they are put into action. As a result, the Evian Conference is regarded as a complete failure. Once the war began, the comprehensive information regarding the conditions in Germany that the Western World had at one time been provided with, ceased. Still, news of the Einsatzgruppen 's activities and the mass killings in the death camps found its way to the west. Up until the middle of the year

10 For-Beginners WordPress Hacks That Will Change the Way You Blog

Just to make things clear, heres what I mean by WordPress hacks: Cool stuff you can do on your WordPress site (to make your content work easier) without any coding skills required. In this case, were using the phrase WordPress hacks in its 100% positive meaning, none of that troublesome shady stuff.So thats what this post is about making your life easier, saving you time, and making you an efficiency blogging machine!How? By teaching you about the cool WordPress features most people dont know about when they first start working with the platform.In this article, Ive compiled 10 handy WordPress hacks that will change the way you blog forever.Again, these dont require any sort of coding or technical knowledge, and you can implement them into your blogging routine immediately.Lets get started! Instead of creating a new draft, opening your existing articles, and copying and pasting the content into your new draft, you can simply use a plugin called Duplicate Post to clone posts with one click and then edit them accordingly. Duplicate Post Author(s): Enrico BattocchiCurrent Version: 3.2.3Last Updated: July 18, 2019duplicate-post.3.2.3.zip 98%Ratings 11,411,332Downloads WP 3.6+Requires The plugin will give you a new clone option under each of your existing posts:2. Switching heading stylesThis is one of my favorite WordPress hacks. All that highlighting and mousing over to the drop-down list of headings is unnecessary with this hack, youll be able to switch heading styles with the tap of a key.Simply place the cursor on the line you want to change, and press either:SHIFT + ALT + heading number (for Windows users)OPT + CONTROL + heading number (for Mac users)If you want to change a paragraph to H3, for example, just hit OPT + CONTROL + 3 (on Mac). This works all the way until H6!3. Style your text quickly with MarkdownThe thing called Markdown helps you style your text easily and quickly. And the best part is that its enabled in the current versions of WordP ress by default.Here are a couple of things that you can do:Create new heading styles by putting ## (mind the space after the two # signs) at the beginning of your heading then writing your heading text normally, and finally approving it by pressing the Enter key. The text will be converted into a heading automatically.Create block quotes in a very similar fashion. This time, use and then the rest of your quote.Create lists, both bullet lists and numbered lists. For the former, use - . For the latter, use 1. .Heres the official demo of how this works:document.createElement('video');https://make.wordpress.org/core/files/2015/07/Editor-patterns-4.3-Beta-2.mp44. Add live links with a shortcutIf youre linking out a lot to other content when writing your posts, youll benefit from this one a lot!Basically, instead of having to select the text you want to add a link to and then clicking the Insert link button from the toolbar, you can do it in a simpler way:First, make sure that the URL t hat you want to use for the link is in your clipboard, then just highlight the text you want to link, and press Ctrl+V. The link will be included automatically.Pro Tip:Â  With WordPress new link boundaries feature you can also edit your link anchor texts more neatly.5. Moderate comments via keyboard shortcutsThere are plenty of keyboard shortcuts that you can utilize with your editor, but did you know that there are also specific keyboard shortcuts that you can use to moderate your comments section?Activation is straightforward just navigate to the WP Admin → Users → Your Profile, and check the Keyboard Shortcuts checkbox. Youre done! Select your comment, and then use the following keyboard shortcuts to moderate it.6. Adjust your default editor toolbarBy default, WordPress gives you a handful of options in the default editor toolbar. This one:But with a simple plugin, you can expand it to this:With this thing, you can easily add quotes, code blocks, and even tables. This is all done by a handy plugin called TinyMCE Advanced. TinyMCE Advanced Author(s): Andrew OzzCurrent Version: 5.2.1Last Updated: May 22, 2019tinymce-advanced.5.2.1.zip 92%Ratings 22,366,168Downloads WP 5.2+Requires After youve installed and activated it, you can adjust your editor toolbar in Settings → TinyMCE Advanced.7. Upload and edit multiple images at onceA picture is worth a thousand words, but all the uploading, editing and optimizing work that goes on behind the scenes sure is a pain.To simplify your photo uploading and editing process, you can use the NextGEN Gallery plugin, which is the most popular WordPress gallery management system there is. WordPress Gallery Plugin NextGEN Gallery Author(s): ImagelyCurrent Version: 3.2.18Last Updated: September 18, 2019nextgen-gallery.3.2.18.zip 84%Ratings 27,633,247Downloads 4.0.0Requires With this plugin, you can batch upload photos, import meta data, add/delete/rearrange/sort photos, edit thumbnails, cre ate tags, change alt and title texts, and more. You can even add text or image watermarks to your photos with this tool!8. Organize your editorial workflowIf you work with freelance writers or guest contributors and get them to draft their articles directly on your WordPress site, the Pending Review function will help you to organize your editorial workflow and prevent unnecessary back and forth.Get your writers to set the status of their posts to Pending Review whenever theyre ready to submit their articles. With this nifty trick, you wont need to sift through all the draft posts on your WordPress, and youll be able to tell at a glance! which articles are ready for you to vet.If you think you need more than that, you can install the Edit Flow plugin. It will give you the ability to create custom post statuses, such as: Edited, Archived, Written, or whatever else you see fit. Edit Flow Author(s): Daniel Bachhuber, Scott Bressler, Mohammad Jangda, Automattic, and othersCurrent V ersion: 0.9Last Updated: January 11, 2019edit-flow.0.9.zip 82%Ratings 223,529Downloads WP 4.5+Requires 9. Search for stock photos within the WordPress editorWhy open up a separate tab or window to search for stock photos, when you can do so without leaving your WordPress editor? ImageInject Author(s): Thomas HoefterCurrent Version: 1.17Last Updated: July 8, 2019wp-inject.1.17.zip 92%Ratings 89,424Downloads Requires With ImageInject, it only takes three clicks to insert an image into your blog post. The plugin searches free creative commons images for the keywords of your choice and automatically adds the required attribution links. You can also insert multiple images at once, and populate alt and title tags of each image automatically.10. Clean up your WordPress dashboardIf youve installed plenty of plugins, your WordPress dashboard can get pretty cluttered.Want to clean it up so that it isnt such an eyesore?Simple. Click on Screen Options at the top right corner of you r dashboard, and a list of all the widgets/blocks which youve got on your dashboard will appear. Hide the ones which you dont want to see. Simple. Also, you can drag and drop your remaining widgets to arrange them in the order which you prefer.But thats not all! You can actually go much further when it comes to customizing your admin interface. We wrote about those things in a separate guide. Basically, you can change anything from the look of your login page, to the panels on the dashboard, to the visual appearance and the color scheme of the dashboard. Cool stuff. Check it out.Some final wordsGo forth, young Padawan. With all these WordPress hacks at your fingertips, youre all set to increase your WordPress productivity exponentially, and make the most out of your time spent blogging.Up for more advanced stuff? Check out this article which will help you dip your toe into the world of coding. With a few lines of code, you can customize your footers, auto-resize your featured images , and do many other things!If you want to build up your arsenal of resources, here are 50 free WordPress web design resources for your next project, and 9 blogging tools for SEO, marketing, content creation and more.Its time to take your blogging to the next level!If you enjoyed this post, please share it so we can make more WordPress ninjas!

buy custom General Motors and Ford Motor essay

buy custom General Motors and Ford Motor essay In Business 300 Career Research Project, I chose General Motors and Ford Motor because I am quite familiar to Michigan state and the fact that its the headquarter of both companies and because of my love for automobiles. General motors is situated in Detroit at Michigan 300 Renaissance Center. Ford motor is situated in Dearborn, Michigan in at One American road. As per the business week; General motors was founded in 1908 and the latest report dated on 9 September 2011 indicated that the company had about 210,000 employees. Ford motor was founded in 1903 and the latest report dating back to 28 February 2011 showed that the company had a rough estimate of 164,000 employees. In the Fortune magazines 2011 fortune 500, General Motors was ranked number 8 and number 15 in the previous ranking. Its current C.E.O is Daniel Akerson. Ford Motor was ranked as number 10 in Fortunes Magazines 2011 Fortune 500. In the previous year, it had been ranked at number 8. Fords C.E.O is Alan Mulally. In t he Forbes Magazines global 2000 leading companies, General Motors was ranked at number 61. In sales volume, it was number 18, number 70 in terms of profit gain, number 155 in terms of assets and number 148 in terms of market value. Its counterpart, the Ford Motor was ranked at number 54. Number 24 in terms of sales, number 63 in terms of profit, number 140 in terms of assets and number 126 in terms of market value. In terms of wages and salaries, the hourly pay entry level of new workers is $14 while for the veteran is $28. A recently signed four year labor contract advocated for a rise by $2 to $3. An assembly line worker receives median $27 while an auto Industry Engineer receives a roughly figure of median $37. Fords hourly workers include assembly line workers who make a median $28, mechanics earn $16, maintenance electricians make $33, tool and die maker make $32. For Salaried employees, service managers earn $42,180 per year, mechanical engineers receive $84,965, manufacturing engineers make $80,000 and product development engineers are paid $74,008. Career advancement from both companies involves the process of climbingup the corporate ladder until one reaches the highest possible level. It basically involves the beginning of ones career all the way to ones retirement. In both companies, career advancement calls for experience, acquisition of educational certifications and qualifications , recognitions, family life, career shift or career growth. The corporate structure of General Motors is made up of board of trustees and the officers of the foundation. The Board is made of the chairman who is the C.E.O of General Motors Corporation, the headquarters. Other branches of the company are headed by the Presidents who also constitute the Board. Officers of the foundation, the headquarter; include the chairman, the president, vice presidents, secretary, treasurer and the tax officer. Corporate structure of Ford motors consist of the C.E.O who is the chairman of the board together with his directors who heads all the other branches. Then there is the Chief Financial Officer and Chief Information Officer. Ford Company has a corporate culture of getting involved in humanitarian events like the Rouge Rover clean-up and Habitat for Humanity, it is religion friendly and respects diversity. Corporate culture of General Motors is exemplified by General motors Foundation which gives financial support to American Red Cross. Education requirements at General Motors require all the applicants to have a high school diploma. To work on General Motors cars and parts requires a person to have enrolled in a General Motors auto Services Educational Program. This curriculum focuses on Maths, English and Electronics before proceeding to technical training. This program is mostly taught in community colleges. Ford Motors designs a curriculum called SCCs Ford Automotive Student Service Educational Training Program. This program provides training to students and it runs for two years leading to an associate degree and finally an employment. As per the Forbes magazine, Fords ratios and returns place the companys profit margin at 5.10%, operating margin at 8.70 and return on equity at 0.28. General Motors Ration and returns indicate that the companys profit margin is 6.60, operating margin is 8.70 and return on equity is 28.70. Both companies are involved in manufacture of automobiles and operations of Financial Services .They are located in the same state in the U.S. In year 2011s fortune 500, both companies appeared in the top ten ranking and top 100 in Forbes Magazines global 2000 leading companies. Both companies offers their curriculum to students who desire to work for them .Factors facilitating career advancement are the same in both companies as well as their involvement in humanitarian projects. However, the two companies have different corporate structures. All other branches of General Motors are headed by the Presidents while all the other branches of Ford Motor are headed by Directors. General Motors requires an applicant to have a high school diploma while Ford Motor requires an associate degree. The advantage of working foe General Motors and Ford Motors is that they pays relatively higher than other automobiles e.g. Toyota and the fact that they design their curriculums hence any student who successfully finishes his course is likely to be employed by the company. These companies have wide markets for their products and provide health plans for their employees. Working as hourly workers can be quite tedious because of long working hours and quite disappointing when one has to be dismissed from work because of recession. I would like to work for Ford Motor because it offers tremendous benefits to its employees. Besides the health plans, the company offers 10% more than Toyota and General Motors on vacations and pension plans for its employees. Other benefits include paid sick time off, unemployment insurance, 7.65% social security tax and workmans compensation. I would like to work as Mechanical Engineer because it is one of the highly paid fields in the company. To qualify and work as an engineer, I have to undertake an associates degree which comprise of studying Maths, English, Electronics and a Technical training. To further my skills, I would pursue a Mechanical Engineering course in one of the best universities in U.S. Buy custom General Motors and Ford Motor essay

Full analysis of Dell PLC Essay Example | Topics and Well Written Essays - 3000 words

Full analysis of Dell PLC - Essay Example The strategy enabled the organization to serve the needs of their customers with some very effective solutions. Dell custom assembled each computer according to the selection of options by the clients, which lead to lower prices than competitors but enhanced convenience to customers and to the company (Wikipedia, 2007). Over the past twenty three years, Dell worked hard and overtook industry giants following their own business model of direct selling instead of going through retailers and reseller (Lee, 2006). Dells mission is simple enough for both the customer and for all other stakeholders in the company. They wish to be the most successful computer company in the world at delivering the best customer experience in markets they serve. However recently the company has faced multiple challenges and has missed their sales forecast figures in six consecutive quarters, surprising for a company which consistently produced results beyond expectations. In the third quarter of 2006, Hewlett Packard dislodged Dell from its leadership position and sold more notebooks (Olenick, 2006). This paper aims to conduct SWOT and PEST analysis for dell and make recommendations in order for Dell to reclaim its leadership position in the industry. Strengths: The biggest strength of Dell is its direct business model. Dell wasn’t the first company to try the direct sales model, but was the first one to make it a success in the technology industry (Wikipedia, 2007). The business model helped accurately identify customer’s needs and made the computer assembly model one of the leanest in the industry. The focus on the model helped company develop their supply chain where components are delivered just in time for assembly (Margulius, 2006). The company ordered the required components only after the customer places the order for the system. It facilitated in not only identifying the customer’s