Business Analysis: Teamwork at Fast Trac Inc.

690 Words2 Pages
bulb-icon

Recommended: Business Ethics in Today's Corporate World

Fast Track Inc. provides custom sales and promoting plans that bring out the most effective within the product and services of our purchasers. From the competitive home improvement sector to the technologically advanced telecommunications trade, Fast Track Inc. offers ability alongside sturdy ties among communities throughout the region. Serving the shoppers that save lots of time and cash could be a priority for US, and with results that is very simple to determine monthly and quarterly, the companies which tend to serve before long have the income and confidence to diversify.
As the name suggests, the company prefers to add the quick lane. Customers are perpetually regarded with the utmost respect and as fast track priority. Every person of Fast Track Inc.’s team knows that growth is essential for everybody, and that’s why the focus is to specialize in personal development and incentives.
Understanding the business model, and making certain that the business is property, could be a very important part of the company’s philosophy. Robust partnerships trust, and shut ties between our team members, clients, and customers creates a foundation that helps in moving forward with. This shows that the company is involved in relationship management which is a core principal of doing business according to the marketing concept. The marketing concept says that the pull concept to be used in which customers is attracted towards the products and the products are pushed to the customers. This shows that the company is using the marketing concept and are building trust with the customers under relationship management. Add a little friendly environment within the workplace, and you've got a winning strategy for semi permanent success.
It’s not r...

... middle of paper ...

...vesting so heavily in Customer Social Responsibility (CSR). In addition to good business ethics this can save Fast Track from litigations and lawsuits which bad ethics could earn it. Even more damaging is the perception of the company which gets tempered due to the poor ethics. All these long impacting troubles can be avoided in the case of fast track as it has good business ethics. No doubt the bonuses and competitive pay square measure are the necessary parts; however verity price lies in making certain that the excitement around the geographic point is positive, cooperative, and inventive. The company has the tendency to bounce around concepts with one another, and celebrate the strengths that everybody brings to the table. By utilizing these skills along, harmony is then achieved. People who aim higher, work tougher, and communicate higher shortly reap rewards.

Show More
Related

  • Riordan Manufacturing

    1296 Words  | 3 Pages

    Riordan has identified criteria in four areas that define the company’s mission statement. First, the company focus is to have attitudes and abilities that exceed industry standards to provide solutions for customer’s challenges and lead the industry in Research and Development. Second, the mission for customer relationships is to be a solution for the customer, maintain quality, innovation, and customer service at a reasonable price. Third, to ensure the long-term viability of the company, the mission to the employees is to have an innovative and team oriented working environment, in addition to keeping the employees informed and supported. Lastly, the future of the company depends on maintaining profitability to allow growth in the company (Apollo Group, 2004).

    Read More

  • Team Analysis Paper

    844 Words  | 2 Pages

    My team consists of four other people besides myself, Lauren Chojnaki, Alexa-Louise Patnode, and Jacobe Loewen, and Ryan Tyriver. Together, we are tasked with the mission to complete a stakeholder analysis regarding a specific organization and their structure. For this project to be completed successfully, it is important that all team members are able to cooperate with one another and are able to use their different strengths to create the best end product.

    Read More

  • Teamwork And Collaboration Analysis

    597 Words  | 2 Pages

    It is another extremely hectic Monday in the Emergency Department. The waiting room is building up fast with many new walk-in patients. Fire Rescue trucks are calling one after the next with several medical and trauma cases. The hospital supervisor is calling to inform the Charge Nurse of the Emergency Department that the Operating Room has several cases that need beds and will supersede the Emergency Department admits. Patient through put will now be further delayed. This is just one example of a typical Monday and why Teamwork and Collaboration are vital components to run an efficient nursing unit, especially in the Emergency Department. When a common goal is created to foster teamwork, health care professionals working cohesively together

    Read More

  • FastCat Pay Structure

    638 Words  | 2 Pages

    ...ed to pay the market rate for all families. This combined with benefits and bonuses will help FastCat obtain its goals and utilize strategy.

    Read More

  • Critical Analysis Of Relationship Marketing

    736 Words  | 2 Pages

    Gordon (1998) explains that Relationship Marketing is the “process of identifying and creating new value with the individual customers and then sharing the benefits of this over the lifetime of association” (p.9). This rather simplistic definition does not explain how businesses should

    Read More

  • Swot Analysis Target: SWOT Analysis Of Target

    801 Words  | 2 Pages

    The company has established good relationships with most of its customers which has assisted it to create high level of brand and customer loyalty

    Read More

  • Walmart Part 3 Case Study

    2338 Words  | 5 Pages

    “Fast, Friendly, Clean” – This initiative is to help Walmart improve the customer’s in-store experience and also be more efficient in the logistics aspect. Besides that, “Fast, Friendly, Clean” helps Walmart to reduce the

    Read More

  • Marketing Differences B2B Vs B2C

    1062 Words  | 3 Pages

    Business-to-business companies are relationship driven. They are offering another company a product or service that the company should use to their benefit, and in order to sell this product or service, they have to build a strong, working relationship between the two businesses. B2B companies have to maximize the values of the marketing strategy: relationships and trust. In order to be successful, these two businesses must be able to trust each other, work together, and form a working relationship that will benefit both businesses in the end.

    Read More

  • The Benefits Of Intrapreneurship

    818 Words  | 2 Pages

    Focusing on the benefits to the business organisation, this is a very important concept for them to gain their maximum potential profits and the success of the business as a whole.

    Read More

  • Team Dynamics

    740 Words  | 2 Pages

    Team Dynamics is how a group of two or more that works together for a common goal. One definition of a team is: two or more individuals associated in some joint action. (Webster’s New Collegiate Dictionary (1976). In the business & education world, these joint actions should have some mission or objective that achieves results like a research paper. My Team C has come together with a common goal: Writing a successful paper for week 5 on “What safeguards exist currently to ensure academic honesty & are they working?” For this to be possible we must learn how to work as a team.

    Read More

  • West Indies Yacht Club Analysis

    1137 Words  | 3 Pages

    Today's business world is a very delicate model and can break down with the slightest of ease. One of the most important aspects of a successful business is a good, strong management team followed by a good, intertwining associate team. The two groups serve, as different operational structures yet need to coincide on a very strict level. For a business's employees to be at arms with each other can create a big problem that happens to be at the prime area of business. This area is the area of direct customer interaction. To not keep the customer happy is to douse oneself with gasoline and proceed to striking a match. This problem brings us back to the introduction of trust and professionalism among workers.

    Read More

  • The Purpose of Teamwork in Business

    672 Words  | 2 Pages

    Teamwork is one of the important component that is required in any types of business organization . Team is defines as “a small number of people with complementary skills who are committed to the common purpose, performance goal, and approach for which they hold themselves mutually accountable”(katzenbach and Smith 1993) . Teamwork offer numbers of advantages like in teamwork work are completed earlier because large task are divided into smaller projects and then it find out an individual who is best for doing the jobs. Tasks that are smaller in size also need less time and brainpower then the work is less sporting to the people who are working. Teamwork also helps in combing the unique skills of people and makes them work efficiently. In a teamwork strength of different people are combined for the benefit of entire team and to produce better product and teamwork also help in building the unity among the group member .In a teamwork relationship play an important role because it helps people to communicate properly with one another whereas friendship helps in creating a job satisfaction. Support system is also important because if support system will be stronger than people will be comfortably depend on each other. These are the advantage of the teamwork but in teamwork there are also disadvantage like in teamwork there is an uneven participation of the members because they depend on other for doing the majority of work this can lead to hatred in the workplace. In a teamwork everyone is not team player, as they cannot perform well while team is working because they want to do there own so they might face problems to get fitted in a certain work culture, which will result in displeasure. In teamwork there is less creativity among th...

    Read More

  • Team Work in the Work Place

    864 Words  | 2 Pages

    In order for a work place to be successful and beneficial to everyone involve in the company, teams needs to be form, and each team must have a goal in mind. Employees must come together to accomplish a common goal. Teamwork will not only benefit those involve in the project but it will also have a huge impact in your business.

    Read More

  • MBA Admissions Essay

    997 Words  | 2 Pages

    After graduation from KOREA University, I decided to enter Hyndai MotorCompany(HMC), which is the largest Korean car manufacturer and global player, to pursue a career as an international businessman. In January 1991, I joined Domestic Finance Team of HMC. My specific assignment was to plan monthly and annual financial schedules for HMC's domestic funding needs. About two years later, in January of 1993, I was transferred to Retail Finance Team from Domestic Finance Team and responsible for financing by the sales and factoring of Car Receivables.

    Read More

  • The Importance of Teamwork in Business Organization

    1755 Words  | 4 Pages

    Teamwork is one of the important component that is required in any types of business organization . Team is defines as “a small number of people with complementary skills who are committed to the common purpose, performance goal, and approach for which they hold themselves mutually accountable”(katzenbach and Smith 1993) . Teamwork offer numbers of advantages like in teamwork work are completed earlier because large task are divided into smaller projects and then it find out an individual who is best for doing the jobs. Tasks that are smaller in size also need less time and brainpower then the work is less sporting to the people who are working. Teamwork also helps in combing the unique skills of people and makes them work efficiently. In a teamwork strength of different people are combined for the benefit of entire team and to produce better product and teamwork also help in building the unity among the group member .In a teamwork relationship play an important role because it helps people to communicate properly with one another whereas friendship helps in creating a job satisfaction. Support system is also important because if support system will be stronger than people will be comfortably depend on each other. These are the advantage of the teamwork but in teamwork there are also disadvantage like in teamwork there is an uneven participation of the members because they depend on other for doing the majority of work this can lead to hatred in the workplace. In a teamwork everyone is not team player, as they cannot perform well while team is working because they want to do their own so they might face problems to get fitted in a certain work culture, which will result in displeasure. In teamwork there is less creativity among th...

    Read More

More about Business Analysis: Teamwork at Fast Trac Inc.

Open Document