|Name: Lauren Reed |Date: 3/31/15 | Graded Assignment Practice: The Loan Ranger Answer the following questions based on what you have learned. You may need to search for an online loan calculator to answer the questions. (10 points) |Score | | | 1. The owners of a successful restaurant want a loan for $50,000 to renovate the kitchen and expand the dining room. They expect that the extra tables will add between $2,000 and $5,000 to the restaurant’s monthly revenue.
Strategic Plan Part II Swott Analysis Business Integrated 475 Your Name February 24, 2013 Tutor Name An environmental issue is “an identifiable component within the whole physical, cultural, demographic, economic, political, regulatory, or technological environment that influences the survival, operations, and growth relevant to an organization” (business dictionary). Inside every organization there could be rules, regulations, and guidelines to actually oversee the behavior of staff and selling selections on your company. The learning center success or failure on your company will certainly be examined from the internal and external environmental factors on your company. Identifying what type of selling strategies the learning center encounter can can would like to remain addressed for your own company to actually succeed. The external environmental factors can affect the business however these factors are can't be managed from the facility.
The Rosewood Hotel Case Analysis July 20, 2014 Abstract Rosewood hotels and resorts is a private hotel management company that has been in operation for nearly 25 years. The company is globally reputable due to the management of luxury hotels such as the mansion on turtle Creek located in the uptown district of Dallas Texas and New York’s the Carly. The distinction of each property has allowed for the hotels themselves to thrive independently without the need for corporate identification. In 2004, Rosewood’s new president and CEO John Scott along with the vice president of sales and marketing, Robert Boulogne made the decision to create a new brand strategy and effort to boost the company’s growth. The following is a case study discussing the pros and cons of Rosewood hotels moving from individual brands to a corporate brand.
It was until 8 months when two of the partners realized McGowan had not been paying the contractors. They then realized this was a problem and took over the project. Contractors sued the partnership for debt owed to them for work that was done. The only is was the partnership did not have enough assets to cover the claims. (Cheeseman2013) I
This downward spiral continued during the recession of 2008 thru 2011 with many stores old, disorganized and dated which left a feeling of a dated brand. Ron Johnson, CEO of J.C. Penney knew a change was necessary after the second quarter earnings were reported to Wall Street in August 2012 after several years of changes within J.C. Penny to survive in the retail department store market. It was clear that the performance of the company did not meet the expectations of the stockholders, therefore demanding immediate action and change to the existing business strategy. This was very disappointing as a recent change to the business model was done six months earlier by Johnson and his management team. The major “repositioning” was a change in the existing price strategy of high-low pricing to a new “Fair and Square” pricing commonly used by department stores.
Because of these economics times that the world is currently in, the company found its business in disarray subsequently an action plan was put in place for the company could be saved. More than 34,000 of jobs were lost in the US and Canada alike at that time. As of January 16th 2009 a week after the motions were initiated in court, Circuit City decided to close all 567 remaining stores in the United States. The lost of these jobs have not only affected the company but their employees have suffered irreversible damage in these economic times. The communities were these jobs were lost have been devastated.
Nevertheless, Goldman received unfavourable feedback from the company’s wholesaler who did not agree with the proposal. INDUSTRY BACKGROUND Wholesale and retail distribution in the U.S. carpet and rug industry has gone through a lot of instabilities since the 1980’s. There have been three major competitive trends that occurred within the industry. The first trend to occur happened in the mid 1980’s when the larger carpet and rug manufacturers began to eliminate the margins paid to wholesalers by bypassing them and selling directly to retailers. Similar manufacturers continued their use of wholesalers due to their lack of capital.
The Depression started with the market crash of 1929. Unemployment was on a rise, businesses were failing. The reason of that is because the stock market was doing badly, there were overproduction and a crash which is stock prices go down. Many people lost their jobs and those that were still working had to take major pay cuts, and people who were trying to get a job couldn't because the employees couldn't pay them.
Due to the unstable economy and rapid competition from other businesses has the company facing a rough time. Covington was losing hundreds of smaller plants that they once served. With that happening, the company would have to find other ways to grow. Larisa is getting offered advice from some high level employees and hoping they can solve the problem. The issue of the case: The issues of this case has to deal with the company not being able to employ many people.
Leaders affect the entire workplace. When leaders are late, it sends an irresponsible message to junior Marines, which may lower morale; when leaders are punctual, it exhibits a work ethic to aspire to. Lateness leads to stress, and stress leads to poor workplace performance. Being consistently late may cause you to start rationalizing your lateness. When this happens, you begin to blame outside circumstances and lose focus on potential solutions.