Preview

Artemis Sportswear Proposal Paper

Powerful Essays
Open Document
Open Document
1630 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Artemis Sportswear Proposal Paper
Artemis Sportswear Proposal
Luis Molina
David Pagan
Gamaliel Diaz
COMM/215
April 22, 2014
University of Phoenix
Artemis Sportswear Proposal
In these weak economic phases, when many corporations are going out of business or right sizing, Artemis Sportswear will have to take steps to increase commerce and revenue in hopes of survival. They must compete against similar enterprises and other sportswear corporations larger and have significant production facilities overseas. Also, they must contend where labor costs are less expensive and increases in profits are happening. Nevertheless, there are still ways that they are looking to cut cost but still increase earnings. The three main focus points are reducing domestic direct
…show more content…
To help improve confidence and productivity among employees the company could sponsor social events like office picnics or softball teams and perhaps four-day work week incentives. The social events will help managers ensure workers know that the company plans to grow and that, within time, the business will return to normal again or even exceed growth hiring more workers. These proposals will provide the structure by which Artemis Sportswear Company will cut operational expenses, which will thus lead to an increase in profit …show more content…
(2009). Textile, Textile Product and Apparel Manufacturing. Retrieved from http://www.bls.gov/oco/cg/cgs015.htm
Business Link and The Insolvency Service. (2009). Avoid Insolvency: Reduce Overheads. Retrieved from http://www.businesslink.gov.uk/bdotg/action/detail?r.s=sc&r.l1=1073858790&r.lc=en&r.l3=1074407360&r.l2=1074453392&type=RESOURCES&itemId=1074408550
Business Link. (2009). Save Money by Using Resources Efficiently: 10 Tips for Reducing Waste and Saving Energy. Retrieved from http://www.businesslink.gov.uk/bdotg/action/detail?r.s=sl&r.lc=en&type=ONEOFFPAGE&itemId=1081838672
Golden, R. (2012). Retrieved from http://www.ehow.com/list_7244965_insurance-requirements-rental-equipment.html
Market Analysis for Corporate Sponsorship of Sports and Special Events. (2006). Retrieved from http://www.performanceresearch.com/
Sports Business Research Network. (2006). Retrieved from http://www.sbrnet.com/sbr/guest_page.cfm Sports Marketing Surveys-Research for Management Action. (2006). Retrieved from http://www.sportsmarketingsurveys.com/vsite/vnavsite/page/directory/0,10853,5045-148046-165262-nav-list,00.html
Trade: Outsourcing Jobs. (2004). Retrieved from

You May Also Find These Documents Helpful

  • Powerful Essays

    Because of the current market economy, the Artemis Sportswear Company has decided to execute a small number of reconstructions without change of ownership and implement some energy saving strategies, all of which are focused at cutting operational costs and overhead expenditures. It is imperative that the company continues to make best use of its available resources in addition to implementing newer, more innovative, energy conservation strategies. Simply put, the company’s objective is to cut its yearly utility expenses and increase profits with minimal effects on productivity and its employees.…

    • 1910 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Maple Leaf Shoes found its niche in being a low-cost provider, but production costs have been steadily rising. Not only is productivity an issue, but the company is faced with high labour costs. Compounding these issues is the fact that the price advantage was a critical aspect of the company’s marketing strategy, but competition from overseas has become a problem with high, quality shoes being made at a cheaper price due to the cessation of international trade barriers.…

    • 542 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Lululemon

    • 2613 Words
    • 11 Pages

    The first part of this report displays some characteristic of external environment where lululemon have been doing business. From that point, we will evaluate how external environment affect lululemon. The second part analyze lululemon’s strategy and business model which will answer the questions: how the company reacted with the external environment to gain profitability and are there any problem they have to deal with? From that analysis, we can consider how long the lululemon athletica phenomenon would last and whether the company could carve out a sustainable market position for itself in the fitness and athletic apparel industry against such competing names as Nike, Under Armour, adidas, and Reebok. The last part will be my recommendation for lululemon to enhance its performance and sustain its growth.…

    • 2613 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    •Proposal for Artemis Sportswear Company for cutting operational expenses to increase profit margins; some ideas.…

    • 646 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Active Gear was one of the most successful firms in terms of profitability, in the footwear industry. Mercury looked like a good opportunity for an attractive investment because they almost have the same revenues, while being smaller in size, in the market. The Percent revenue in the casual footwear in AGI compensates for the gap in Mercury. It’s a perfect balance. When we looked at the industrial average of revenue growth is 10% and AGI is below the standard, however Mercury is above by 2.55%. It is a good sign to move ahead for this acquisition, as it will enable AGI to remain at the top in the market.…

    • 2199 Words
    • 8 Pages
    Good Essays
  • Better Essays

    In comparison with Patagonia, BG Group’s primary customer will be lowly educated, low income consumers of average quality outdoor apparel and equipment, but with a focus on fashionable apparel and dependable equipment. Patagonia is not a low cost provider, develops products for the “core user”, charges higher than the industry average, ignores fads and the next generation customer, and views things in psychographics rather than demographics. Yet globally, the younger population tends to be the most adventurous, fashion focused, has the least amount of funds to disburse towards purchases, and remains as loyal as older individuals to their most liked brand names. By charging less, BG Group will plan to sell more in bulk and mass produce, which will dramatically lower costs of production. “Hard core” followers, those persons who are extremely environmental conscious, are few and far between in this generation. Hence, Patagonia’s median customer age is forty-four. However, the next generation is more aggregate based rather than detail based, enjoys the never-ending challenge of conquering nature over the weekly athletic adventure, does not focus on environmental friendly equipment, and the professional backgrounds of a company. The next generation wants to be fashionable, but still have dependable, long lasting material and equipment. The VP of…

    • 1724 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Phil Knight bio

    • 1604 Words
    • 7 Pages

    The sports apparel and equipment industry is growing rapidly and is estimated to be worth over $126 billion by the year 2015 according to Global Industry Analysts. This industry has a growing market because people are becoming more health conscious. Thus, Sports apparel and equipment are in demand, which leads to a very highly competitive market. Demand refers to how much of a product or service is desired by consumers (Wise, 2012). Nowadays, even well established brands are forced to tweak and modify their products in order to maintain their market share. More and more consumers are demanding more versatile products with a wide range of functionality. Changing fashion trends, tough competition and more price-conscious shoppers are just a few of the many challenges faced by businesses in this industry.…

    • 1604 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    The current manufacturing practices of the sneaker industry, in particular companies such as Nike, Reebok, Adidas, Converse, and New Balance, takes place throughout the globe. With the industry experiencing severe competition, and the product requiring intensive labour, firms are facing extreme pressure to increase their profit margins through their sourcing practices. The following paper will analyse the sneaker industry, while examining the multitude of viable manufacturing options, and critiquing their current manufacturing structure.…

    • 1737 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Lululemon’s growth and success has been attained by creating a strategic plan that works for the company and allows the company to continue growth with little problems. The ever growing industry for fitness and health has assured that Lululemon will continue to gain new customers and therefore the company will keep seeing revenue rise year after year. The partnerships with the suppliers has helped Lululemon keep an established set of fees and reliability for supplies which allows them to create new products and put them on the market in a short amount of time. If Lululemon wanted to expand at an even greater pace, the company could create a couple of new lines of products. One of these could be a shoe brand, whether it is for running, yoga,…

    • 248 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Under Armour is an apparel company that has in a short period of time become one of the biggest sporting apparel companies in the world. This paper will describe the history, mission and vision statements, and the evaluation of the internal and external factors of Under Armour. With all of the success that Under Armour has had there’s still some problems that Under Armour needs to address when it comes to reaching out to the women’s market and also venturing out internationally. With all the success that Under Armour has had in such a short time there are several avenues the company can take that will definitely take them to the next level.…

    • 1991 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Genting

    • 2303 Words
    • 10 Pages

    The Group employs various schemes to conserve natural resources and reduce the consumption of energy, fuel and water. A professional consultant is engaged to conduct an energy audit to identify costeffective energy-saving opportunities in line with the building energy efficiency index. Measures include installation of energy-saving lights and reduce heat loads from air-conditioning systems. Escalators are switched off during off-peak times and sensors are installed to control operations. Employees are also briefed on Energy Conservation Awareness by the Group’s Engineering Department.…

    • 2303 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Although facing with many challenges, Lululemon has adopted a current strategy that assure its position as one the major factor in the athletic apparel market. To achieve what is regconized today, Lululemon has shifted among many different strategies to figure out the suitable one. These are the factors in Lululemon’s strategies:…

    • 1067 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Ways to Preserve Water

    • 564 Words
    • 3 Pages

    Downing, N., McIntyre, G., & Ramsey, D. (2009). Green Tip - 10 Things YOU Can Do To Save Water. Retrieved from MyBadPad: http://www.mybadpad.com/…

    • 564 Words
    • 3 Pages
    Good Essays
  • Better Essays

    3. "Save Energy and Money at Home." Fight Global Warming - Environmental Defense Fund. Web. 24 Sept. 2010. <http://www.fightglobalwarming.com/page.cfm?tagID=267>.…

    • 1495 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    10 Ways to Go Green and Save Green How can we live lightly on the Earth and save money at the same time? Staff members at the Worldwatch Institute, a global...…

    • 667 Words
    • 3 Pages
    Satisfactory Essays