1. I believe one promise that can help improve my team is the concept of needing to improve production techniques and cut costs. 2. This relates to glo-bus generally because the main goal of glo-bus is how to bring the best appeal to the consumer. While we might believe we have the best production the price might be a little high and as a result, can cause consumers to miss out on the product. This concept from the book explains that the improvement of the method they are made, can cut the cost of products. This closely relates to the production side of glo-bus in which we need to make the decision regarding how we make our products. 3. This relates to glo-bus precisely because the tactics of finding an effective method can help my group tremendously
with getting ahead of the competition. These tactics can involve finding new ways that we can produce our products at a cheaper price. With this, it can result in less overhead, cheaper prices, and much more revenue for our company. In Glo-bus one of the objectives is to gain as much market share and one way this can be done is by providing cheaper and still well produce products.
Rosa Parks said, “Racism is still with us. But it is up to us to prepare our children for what they have to meet, and, hopefully, we shall overcome.” Racism has troubled people for hundreds of years and has not solved. It seems as a chameleon; people may hardly to detect it, but it not means it does not exist. As Mary Mebane states in her article, “The Back Of The Bus”, she experienced how white people segregate black people in her lifetime. As Martin Luther King JR shows in his speech, “I Have a Dream”, he awakened black people struggle to against inequality with government and society. John Blake demonstrates in his article, “The New Threat: Racism Without Racists”, black people are still being treated unfairly in reality. “In 'Born free'
„» large market size of these product lines facilitated the fast achievement of cost reduction(economy of the scale, learning effect)
costs down and the quality of the products as high as possible. Since the most
2. Are we improving – are we delivering improved customer satisfaction, launching more new products, helping grow the company’s sales, improving our profits?
Uber is unarguably an innovative company. However, it’s debatable if it is an ethically sound company as well. Uber has effectively filled a niche in the transportation market and is valued at more than 40 billion dollars. It a tech company that hooks up consumers with drivers. The company makes transportation quick, low cost, and high quality. Economists agree that Uber is driving the economy forward with its innovation and job creation (“Uber isn’t Just Good For…”).
Reducing risk ; reducing the quantity of manufactured so that reducing burden of stock and burden of frequent discount sales
as this helped the business in identifying the needs of the consumers in the market and has given the business with information which will help the business to ensure that there product is able to meet the consumers requirements and be successful in the market and helps the business to offer a better product than the competitor in the
Uber was formed in 2009 and after its historical success; it planned to expand into other countries like China, India Pakistan etc. The current challenge for Uber is the competitors in China and different regulations in these countries. Uber is facing challenges from two of its main competitors in the China. It hardly got rides of 1 million on a daily basis in China. Uber sales are slow in these countries. Now, the company is planning to think about the expansion strategy and its effect on the operations of the country. The important question here is to recommend that whether it should expand into other countries or only focus on the United States.
As an expert from a consulting firm, it might be suggested a number of tactics that could be useful for the company. These can be counted as;
Market is changing all the time and product differentiation is the only factor that maximizes the firm’s profit. But once-off expenditure on product differentiation is not enough to maximizes the profit. When the market is changing, the demand, taste and preference of the consumer also changes. So, the firm should make the product differentiation according to the demand, taste and preference of the consumer. Unique product alone doesn’t guarantee higher sales and maximizes profits. In any market, a product must satisfy the wants, taste and preference of the consumers.
c. FAPE- I understand the principles of FAPE and I am willing to accommodate the needs of my
Improve the differentiation of the product, improving characteristics, implementing innovations on manufacture processes and on the product itself.
4. Make the product more competitive. ABC pay more attention on product design,research and development and management of quantity cost. Improve the competitiveness through allocating limited resource
4) We can increase retaining talent for longer period by giving more flexibility to them and by sharing profits with them. They should be paid for achievements. Even we can design internal Facebook so employees can organize themselves around their area of interest.
of a better way to satisfy the needs of the customers. This can be in the form of a better quality product.