The target is little children to teenagers ages 5-15 or maybe a little older. Now we are trying new targets which are senior citizen and low income workers. We will make the food a little healthier put in a Cesar salad with cooked chicken with a baked potatoes chips and water. They will sell in nursing homes, bingo clubs, and golf clubs for senior citizens and in every office caferitra and delis around the work force for low income people. The price will be affordable for the people in need.
1. Provide the definitions of throughput, inventory and operational expense given in The Goal. How do they compare with the traditional definitions? Do you find them useful, and why? Throughput is the rate at which the system generates money through sales while inventory is all the money that the system has invested in purchasing things which it intends to sell.
Describe the competitive environment in which the firm operates, the distribution of market power, and the strategic behavior of the firm and its competitors. Apply your knowledge of the theory of this company’s market structure. How does the company make pricing and production decisions? Is your observation supported by the theoretical models? Refer to the financial reports for illustration.
These ratios assess the ability of the company to generate earnings, profits and cash flows relative to some metric, often the amount of money invested. They highlight how effectively the profitability of a company is being managed. Common examples of profitability ratios include return on sales, return on investment, return on equity, return on capital employed, return on capital invested, gross profit margin and net profit margin. All of these rations indicate how well this company is performing at generating profits or revenues relative to a certain metric. Solvency ratios this is one of many ratios used to measure a company’s ability to meet long-term obligations.
The organization needs to select the fees, promotion, location, and productivity methods to optimize profits. The CVP analysis provides the organization with data to make these decisions (Kimmel, Weygandt, & Kieso, 2009). The CVP income statement applies the information in a format used with staff. The CVP income statement organizes fees in categories such as variable cost, fixed cost, contribution margin, and net income (Kimmel, Weygandt, & Kieso, 2009). Break-even analysis The association of the CVP analysis is the movement of fixed and variable costs.
Economies were created through trading and bartering, mostly through social circles and relationships. Taxes and custom duties were created so that trade could be controlled to protect their economy. Two dominant economic systems exist throughout the world. They are capitalism and socialism. “Capitalism is an economic and social system in which capital and the non-labor factors of production or the means of production are privately controlled; labor, goods and capital are traded in markets; profits are taken by owners or invested in technologies and industries; and wages are paid to labor” (wikibooks.org).
D2 – evaluate the financial performance and position of a business using ratio analysis. Ratios analysis allows for a meaningful understanding of published accounts by comparing one figure to another and Ratio analysis also allows for both inter-firm and intra- firm comparisons. Probability is a measure of the profitability of a firm in relation to another It allows a comprehensive assessment of the performance of a firm by comparing one figure to another, it can also see how effective a business is and how good it is at controlling its costs. The ratios to do this are the following; gross profit percentage of sales, net profit percentage of sales and Return on Capital Employed also known as ROCE. If the gross profit falls from one year to the next or is thought to be too low the firm may need to decrease the costs of its purchases or may try to increase the sales without increasing the cost of the goods sold.
When we don’t consume the recommended number of servings from the needed food groups. Making sure that we always go over the labels and make sure it’s part of what I need daily, Then make any adjustments needed to my food intake will ensure the right amount of calories carbohydrates, proteins, vitamins and minerals are taken. I consumed the right amount of the daily serving for the food group in the pyramid. The two tools that we should us for figuring out what kinds of food to eat, then how much food of any particular type to eat. The food tools or guidance system for food groups that until 2005 had been symbolized by the basic food pyramid.
• Political • Economical • Social • Technology ”The PEST analysis is a useful tool for understanding market growth or decline, and as such the position, potential and direction for a business. A PEST analysis is a business measurement tool” http://www.businessballs.com/pestanalysisfreetemplate.htm Examples of influences required changes are for instance a government change a law or cancel a big order thus the consequences for the organization are financial problems , overproduction. However changes may be less dramatic for the business for example implementation of new software for more effective work. Section 2 – Understand the purpose of supporting change in a business environment 1. Identify
B) The study of how consumers spend their income. C) The study of how producers decide what inputs to hire and what outputs to produce. D) The study of how individuals, businesses, governments, and entire societies make choices as they cope with scarcity and the incentives that influence and reconcile those choices. E) The study of how consumers and producers meet each other at the market. Answer: D Diff: 1 Topic: Definition of Economics 3) Which of the following is a microeconomic topic?