Preview

Summary Of Collaboration: Business Dilemma

Satisfactory Essays
Open Document
Open Document
342 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Summary Of Collaboration: Business Dilemma
Collaboration
Business Dilemma.
In the past years, The Broadway Cafe has collaborated with the community by selling coffee coupon books to participant that might help to generate money or help in fundraising events. The company also involved in charitable programs and community activities and this is a great way to reach out and raise money in a community. In the case of the Broadway Cafe, there is a great concern with the loss of $0-$5 for participating in fundraising. The business can reduce the selling of coupon books in order to remain profitable in the business but in the long run the business would encounter future business profitability and broaden customer base.
Selling coupon book is the right tool during that time as the business
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    1.5 Explain Why Partnership Working May Be Difficult In A Multidisciplinary Team
    • 1738 Words
    • 7 Pages

    1.5 Explain Why Partnership Working May Be Difficult In A Multidisciplinary Team

    Our partnership policy states that we support parents as their child’s first and important educators by involving them in their child’s education. In our partnership policy statement it states that we refer to ‘parents’ as mothers and fathers, natural or birth parents, step parents, parents who do not live with their child but have contact with the child’s life, same sex parents and foster parents.…

    • 1738 Words
    • 7 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Marketing and Traditional Paper Coupons
    • 4183 Words
    • 17 Pages

    Marketing and Traditional Paper Coupons

    4). How can the café benefit from collecting and tracking response rates of m-coupons by customers?…

    • 4183 Words
    • 17 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Efficiency and Collaboration Proposal
    • 745 Words
    • 3 Pages

    Efficiency and Collaboration Proposal

    Party Plates is currently using the information system identified as Microsoft Excel. While this is a great program and has been very useful for our business practices thus far, our team has collaborated upon a recommendation for the implementation of converting to the Microsoft Access database. To keep up with the current growth of our customer base, we know that this conversion is necessary. Microsoft Access assists employees to swiftly record and account for information with the ability of Microsoft Office Fluent user’s interaction with its design capabilities that do not necessitate intense database knowledge. The practice of creating a group within a group and then performing calculations are far more complicated in Excel. With Office Access, one has the ability to link tables to his or her database from other Access databases, Windows SharePoint Services sites, ODBC data sources, Excel spreadsheets, Microsoft SQL Server databases, and other data sources. One can then link tables easily to generate reports; thereby, one can base his or her decisions on a more inclusive set of information. Users are able to share data over the internet on Microsoft Office SharePoint Server. Databases are good for finding relationships in data. Spreadsheets are excellent when performing "what if" analysis and working with numbers.…

    • 745 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Hallstead Jewelers
    • 987 Words
    • 4 Pages

    Hallstead Jewelers

    1.) Break-even ticket sales increased from 4533 in 2003, to 4998 in 2004 and 7491 in 2006. Break-even point in Sales Dollars has changed from $7,285 in 2003, to $7,617 in 2004 and $11,634 in 2006. (Table 1) The margin of safety has changed from $1,298 in 2003, to $485 in 2004, and a loss of $923 in 2006. (Table 2) There is a decrease from 2003 to 2006. Fixed cost per month attributed to stores relocation and subsequent renovations caused a decrease from 2003 to 2006. Other factors contributing to the 2003-2006 decrease are as follows: • 1% increase in Cost of Goods Sold (COGS) totaling $81,000 • Decrease in sales of $481,000 • Increase in salaries totaling $60,000 • Increase in miscellaneous expenses of $40,000. (Table 3) 2.) If prices were reduced by 10 percent, Hallstead’s total income would decrease to $1,111. This would change the break-even point for ticket sales to 9,637, and significantly change the overall sales figure to $13,473 (Table 4). 3.) Gretchen’s idea would effectively eliminate sales commissions. This would reduce sales volume by 1,143. This would decrease ticket sales to 8,494 and compromise the break-even. Sales dollars would reduce by $1,598 to $11,875 (Table 4). 4.) Michaela’s suggestion to increase advertising by $200,000 is sound: The increase accounts for 2% of sales and 4% of 2006 sales. Both figures are comparatively low for a retail business. This increase would change the break-even point from 7,491 to 7,790 ticket sales (Table 5). 5.) If fixed costs remained static from 2006 to 2007, average sales ticket would have to increase from $1,553 to $1,690 in order to break-even. (Table 6). List of recommendations for Hallstead Jewelers are as follows: Evaluate the number of sales staff needed and consider reducing the number of FTE’s and/or PTE’s. When reducing staff and/or operating, make sure that the best sales associates are receiving the number of hours they desire and then allocating the remaining…

    • 987 Words
    • 4 Pages
    Good Essays
    Read More
  • Better Essays

    Joint Venture Group Practices
    • 1286 Words
    • 6 Pages

    Joint Venture Group Practices

    Joint venture physician practices over-treat patients and reap economic rewards in the process. These types of practices are very different from the traditional group practices described in the text. Physicians partnered in traditional large group practices provide comparable services, usually practicing within the same specialty, such as Dermatology or Orthopedics. As Getzen (2010) explains, "One reason for physicians to work together in group practices is to obtain economies of scale from sharing office space, equipment, and information systems." (Getzen, 2010).The goal of these physicians groups are to increase revenue through sharing the expenses associated with ancillary help. The traditional group practice structure appears to uphold…

    • 1286 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Theoretical Collaboration Methods
    • 4315 Words
    • 18 Pages

    Theoretical Collaboration Methods

    The health care industry has a variety of policies and standards regarding coverages for alternative medicine modalities. From a sociological standpoint, unconventional, alternative, or unorthodox therapies refer to medical practices that are not in conformity with the standards of the medical community. The New England Journal of Medicine defines unconventional therapies, "as medical interventions not taught widely at U.S. medical schools or generally available at U.S. hospitals. Examples include acupuncture, chiropractic, and massage therapy"(1993). Coverages vary widely among conventional carriers, preferred providers as well as the omnipresent Health…

    • 4315 Words
    • 18 Pages
    Powerful Essays
    Read More
  • Good Essays

    Group Collaboration Draft
    • 804 Words
    • 3 Pages

    Group Collaboration Draft

    Q1. Using the current exchange rate, what is the initial purchase cost per unit (in US dollars) paid to Dong Hai Supply? (Do not include transportation costs)…

    • 804 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Collaboration In Healthcare
    • 337 Words
    • 2 Pages

    Collaboration In Healthcare

    Providers struggle with how to structure integrated services into the primary care office is also a known barrier to collaboration of care. (Gerrity, 2014, p. 8) This is especially true when integrated care requires changes of staff to include training and support to the already present process of care. Resistance to change with staff taking on new roles and the addition of new staff professionals is often difficult to overcome. In addition, there is the lack of health information technology and confidentiality rules to be considered when treating behavioral health and substance abuse all of which continue to complicate the goal of collaboration amongst providers. (Gerrity, 2014, p. 9) Integration requires primary care and behavioral health…

    • 337 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Understand Partnership Working
    • 1338 Words
    • 6 Pages

    Understand Partnership Working

    My role and responsibilities in working with colleagues is to ensure all the staff are happy, safe and are trained correctly. I have to ensure that all…

    • 1338 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Psychology and Collaboration Strategy Paper
    • 286 Words
    • 2 Pages

    Psychology and Collaboration Strategy Paper

    limitations of distance or time. We can use electronic collaboration technology and other techniques to leverage the individual diversity that we can find on today’s teams.…

    • 286 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Working in partnership
    • 3774 Words
    • 16 Pages

    Working in partnership

    LO2: Understand how to promote positive partnership working with users of services, professionals and organisations in health and social care.…

    • 3774 Words
    • 16 Pages
    Best Essays
    Read More
  • Satisfactory Essays

    Analyse the importance of working in partnership with others
    • 282 Words
    • 2 Pages

    Analyse the importance of working in partnership with others

    Within day care I will assign people with designated jobs to complete in relation to partnership working, as day care worker in the unit I am responsible for effective communication and partnership working which may include: ensuring notes from meetings are taken, circulated and agreed. Team working within and outside our organisation is extremely important. Service users could be put at risk if we fail to communicate effectively.…

    • 282 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Satisfactory Essays

    Chapter 11 Managing Knowledge and Collaboration
    • 581 Words
    • 2 Pages

    Chapter 11 Managing Knowledge and Collaboration

    Crowdsourcing is the method of receiving work or funding, typically online, from a crowd of individuals. The attitude of crowdsourcing is that many heads are better than one when it comes to ideas. By soliciting a large crowd of people for ideas, assistances, or chipping in, the value of content and ideas will be greater.…

    • 581 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Asset and Wonderland Cupcakes
    • 2842 Words
    • 12 Pages

    Asset and Wonderland Cupcakes

    will be a unique bakery for its creative custom-made cupcakes and its relationship with its customers. Whether it 's an extravagant wedding, or a fun birthday cupcake, we like to talk to our customers and get a feel for what they want. Our mission is to create a unique bakery where customers tell their stories and watch their stories turn into cupcakes. We are sensitive to each and every person’s stories, empathize with them and portray that story in a cupcake. Our cupcakes not only change their looks with every customer but also tastes delicious and are inexpensive. We seek fair and responsible profit, enough to keep the company financially healthy. Owner and founder of Wonderland Cupcakes is starting the business with only $20,000 in their pocket. But the company has a start-up requirement of about $65,000 which will be spent in leasing a store-front, registering the business, acquiring insurance, purchasing equipment for set-up, for e.g., convention oven, microwave oven, fridge, computer etc, which are the long term assets of the company. Other assets include electronics like mixers, blenders etc and utensils like pans, spatula etc, while inventory includes flour, sugar, fondant, gum paste etc. A major portion of the start-up expense also goes into marketing and advertising. In the projections for Wonderland Cupcakes, the company starts off with yearly sales of about $100 thousand in its first year of operation. With the growth in business and expansion into other lines, Wonderland Cupcakes manages to earn revenue of about $400 thousand in the fifth year. The company will have a high gross margin of about 85% almost throughout its five years of projections, which seems to leaves enough room for its fixed expenses and other administrative or operating expenses. In the first year, Wonderland Cupcakes is projected to turn a net profit of almost 10% in the…

    • 2842 Words
    • 12 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Foreign Collaboration
    • 4855 Words
    • 20 Pages

    Foreign Collaboration

    To fulfill the need of freeing the Indian industry from excessive official control and for promoting foreign investments in India in necessary sectors the much required liberalization of Indian economy was brought in by Industrial Policy of 1991. From then the Indian economy is more facilitating to Foreign Direct investment in all form. Foreign investment in India is regulated by  Foreign Exchange Management Act  Reserve Bank of India  Department of Policy and promotion Foreign Exchange Management Act is an act to facilitate, promote and manage the foreign exchange in India. Reserve Bank of India issues various regulations to give effect to the various provisions of the Foreign Exchange Management Act. The Department of Industrial Policy & Promotion was established in 1995 and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development. There has been a consistent shift in the role and functions of this Department since 1991. From regulation and administration of the industrial sector, the role of the Department has been transformed into facilitating investment and technology flows and monitoring industrial development in the liberalized environment. The role and functions of the Department of Industrial Policy and Promotion [here in after referred as Department or DIPP] primarily includes interalia is following: Formulation and implementation of industrial policy and strategies for industrial development in conformity with the development needs and national objectives;…

    • 4855 Words
    • 20 Pages
    Powerful Essays
    Read More

Related Topics