An Individual decision making process analysis project Essay

An Individual decision making process analysis project - Essay Example This business project involves the provision of catering service to people who intend to hold parties at their houses. This might involve anybody from young children, teenagers and adults. Also all sorts of catering services required will be made available via the workforce available from the company. The reason why the ‘time to party’ project looks viable is that many people like to have parties in the present time. However, most of these people do not have the time and manpower to organize and execute such a celebration. However, they might have the cash to pay for the service and that is where this project fits in. however, there is one unique feature about this business that separates if form the others. Time to party will prepare the ordered food away from the party venue and transport it there. This will help to avoid privacy invasion and will reduce the amount of activities in the venue. This will also help utilize other resources that are not in the venue but are available in the company. This is therefore an investment with a bright future. Business objectives There are two main objectives that the ‘time to party’ project aims to achieve. I. Make good profits from the catering services provided. II. Become the biggest home catering services in Sheffield The enlisted objectives provide just but the big picture. All will agree that much profits means expansion of the business. When the business expands and the name is well established, there will be much room for development in this project. In addition, becoming the biggest catering company will allow room for capacity to hold many events at once without breaking a sweat thus better profitability. Competitors In the world of business, there will always be other businesses to battle with for the market share and reputation. This greatly affects not only the profitability of the project, but the ability to run efficiently and stay in the same market segment. There are seven cater ing service providing companies in Sheffield I. Organic fusion II. The tiffin company III. Carols catering service limited IV. The milestone on the move V. Hazels catering limited VI. Coco catering limited VII. Deli venture catering limited The largest competitor for the ‘time to party’ project is the coco catering limited. This is a well-organized and well-funded business institution. They have a high profile physical and online presence and consumer preference. This is due to their flexibility and the high quality services they provide. They also have a well-developed website that gives all their information and allow for special bookings. However, they do not offer an online payment and ordering system for home deliveries on a daily basis and this is one of the loopholes that ‘time to party’ will exploit. In addition, time to party will offer a new service that is not on their service list. With these two major issues, ‘time to part’ has the power to stand against coco catering. Target audience This project mostly targets people who have the desire to celebrate many events, have the money to do it but lack the time, resources and man power to ensure a successful execution of an event. This will include adults that work and university students that hold celebrations such as birthday or any other. This is the majority group that falls among the top desired clients. However, the company will

Summery Article Example | Topics and Well Written Essays - 500 words

Summery - Article Example While the supporters of the concept tries to establish the fact that the diversified work force have positive impact over the productivity of the organization and therefore directly contributes toward the increased revenue and productivity of the organization, many others do not subscribe to the fact. While the entire industry, both from the functional as well as academia, accepts that work place as well as work force diversity are the most upcoming concepts that is implementing sea change in the industry, many of the scholar and the managers do not agree that such diversity is always helpful and should be most sought for the organizations. Many of them points out that diversified work force do not have any specific attribute rather is just a strategy for the multi – national corporations and other organizations to comply with the government regulations as well as to comply with the demands of the pressure groups. The article of the Issue 7, ‘Is Diversity in the Workplace a Worthwhile Goal for Corporations?’ is undoubtedly one of the most discussed and debated topics of the present world of today. The article clearly encapsulates the fact that while many of the leaders of the managerial as well as the academic fraternity supports the syndrome of diversified work force, many others perceives that such diversity does not have any positive impact over the productivity and the profitability of the organization. The article sums up the view point of Nancy R. Lockwood and Roger Clegg. The belief of Nancy R. Lockwood can be studied from HR Magazine that was published in the June of 2005 and Roger Clegg penned down his belief in the National Review Online on 21st January of 2002 with the heading of ‘Diversity Nonsense’. The recent trade in the job market of the United States clearly depicts the change in the structure and trends of the employee force. Even