Setting up a car sales garage Essay Example for Free

Setting up a car sales garage Essay I Have Chosen To Provide A Good Service To My Customers Because I Think This Will Differentiate From The Competition And I Expect To Gain More Customers Through This. I Have Chosen To Increase Sales And Profit As I Will Then Be Able To Input More Money Into The Business And Expand My Stores Into New Areas And Expand My Product Range. Source Of Finance Most Of My Money Will Come From My Partnership And This Money Will Be Used To Pay For Rent Which Will Be Approximately   1500 Per Month. I have Based This On Internet Research Which Identified Medium Sized Outlet In Newcastle Would Cost Around This Amount To Rent. The Money Will Be Used For Refurbishment And Initial Stock And If Any Money Is Needed I Will Ask The Bank For A Small Loan/Overdraft For Up To 5000. If I Take Out A Loan I Expect To Pay 6-7% Interest If I Take It Out Over 5 Years. This Percentage Is Because The Current Interest Rate Set By The Bank Of England Is 5. 5%. If Grants Are Available To Locate In Newcastle Would Apply For One As They Are Available To Certain Areas For Example Rundown Areas. I Have Chosen Not To Get A Mortgage Because It Would Tie Me In For A Period Of Up To 25 Years And Make It Difficult To Relocate To Another Property Or Area Because I Would Have To Sell My Existing Property First. Competitor Scan In This Section I Will Undertake a competitor scan by visiting local competitors or researching the internet. I Will Outline 3 main competitors in the local area. I Will Then Explain their strengths and weaknesses and outline how you will make your business better than theirs. I collected my info from 100 people, this gives me an accurate amount of results and an even sample percentage. I chose 100 people and used their answers and put them in graph. I chose these people with random sampling. This is where I choose people to do it at random when I was giving them out so that everyone has an equal chance of getting chosen. The results are as follows: 1. Sex The Graph above shows that males seem to be more interested in my shop so I will aim my products towards a male population. The graph shows that a majority of people under age 30 were interested in my shop. So I will target this group. 3. Wages The graph shows the majority of people earn   10000 30000. I will aim my products toward these people. As a lot of my accessories I will be selling are expensive it is better to aim the price range to higher earning individuals. 4. Cars The graph shows the four most dominant types of car owned by my target market. As these cars are most popular I will specialise in selling accessories for these models. I am now going to summarise my questions. Most people whom I questioned said that they probably would buy my product. Most people said they would pay between i 300 i 1500 depending on the item. The majority of people would buy their parts from a car hypermarket. Most people said they look for quality and well priced parts when purchasing them, these are also the reasons people said I improve my services to differentiate me from all competitors. Laws Affecting My Business The Race Relations Act, 1976 Makes discrimination on grounds of race illegal in the same way as the Sex Discrimination Act. Again, there is scope for GOQs for example, advertising for an Italian waiter to work in an Italian restaurant. How It Affects My Business Prevents people from racial discrimination at work and prevents colour prejudice such as when applying for a job. The Equal Pay Act of 1970 Sets out that women and men should receive the same pay for doing the same type of work or ranked as being of the same value. How It Affects My Business This prevents men and women being paid different wages for the same job. And means I will have to pay both sexes equally. When recruiting people I must make sure they are getting paid the same as someone else doing the same job. have chosen these companies to supply these parts as they are well known by my target age group and are reasonably priced. The parts will be specifically suited for different makes and models of cars. The main cars I will stock for are the Ford Fiesta, Renault Clio, Vauxhall Corsa and the Ford Focus. I will stock these parts for these cars as my target market identified these as popular choices. I will differentiate myself by offering special discounts to store card holders and allow them to purchase items on credit. I will give each customer free fitting for customers who spend over i 1250 and will give all customers a year long money back guarantee and free servicing if they are store card holders, this differentiates me from my competition because none of them offer this service. I have chosen not to offer credit agreements as a lot of companies have lost a lot of money in recent months through customers being unable to pay the money back. I will try to portray my company as a company that offers good quality named products at very competitive prices. This will in turn create a well respected image for my business which will help me stand out from the competition, this will help attract my target market. I have chosen the name AutoModz as my company name as this relates to the products Im selling and is catchy. Product Life Cycle Introduction During this stage my sales will be low. Heavy promotional spending is needed I will do this by spending a large portion of my money on advertising such as leaflets and paper advertisements. The aim of my promotional strategy is to create awareness of my business. Growth During this stage sales and profits are steadily rising, I will need a lot of advertising to promote the demand. I will attempt to build up customer loyalty before the entry of competitors. I will use persuasive advertising such as special offers and customer guarantees. Maturity During this stage the product will be bought by the majority of my target market also during this stage the rate of sales growth will start to slow down.

A Circuitous Path to Dentistry :: Dentistry Admissions Essays

A Circuitous Path to Dentistry I could hardly keep myself from staring at the girl: the right side of her face was misshapen and bigger than the left. Only later did I notice that Cheryl, about nine at the time, had light brown hair, lively brown eyes, and a captivating smile. When she walked into the candy shop where I worked six years ago, Cheryl told me she was a student of my former fourth grade teacher with whom I had kept in contact. We talked then and spent time talking each time she visited. She became a very special friend of mine, one whom I admire greatly. At the time we met, I was taking honors and AP classes, working about twenty hours a week, and feeling sorry for myself. Cheryl's outgoing confidence and good cheer put my situation in perspective. Cheryl was strong, kind, and surprisingly hopeful. She never focused on her facial deformities, but always on the anticipated improvement in her appearance. Her ability to find strength within herself inspired me to become a stronger person. It motivated me to pursue a career where I could help those like Cheryl attain the strength that she possesses. At the time, my initial interest turned toward psychology. Impressed with Cheryl's outlook, I overlooked the source of her strength: she knew that treatment will improve her appearance. Focusing on the emotional aspects of her illness, I volunteered at the Neuropsychiatric Institute. There, I supervised the daily activities of pre-adolescents, played with them, and assisted them in getting dressed. I worked with crack babies, autistic children, and children who had severe behavioral problems. I enjoyed interacting with the children, but I often became frustrated that I was not able to help them. For instance, a young autistic boy frequently hit himself. No one was permitted to stop this child. We had to turn away and allow him to continually strike and hurt himself until he tired. I was increasingly disappointed with the lack of progress I saw in my volunteer work at NPI, but my job again pushed me in the right direction. During the fall quarter of my junior year in college, I left the candy shop where I had worked for nearly five and a half years, and I began working as a senior clerk in the Anesthesiology Residency Program. Ironically work, which frequently made study difficult, helped me find the right

Evolution of the Erp Systems Essay

American Production and Inventory Control Society (2001) defines ERP as an â€Å"accounting system† for â€Å"effective planning and controlling of all the resources needed to take, make, ship and account for customer orders in a manufacturing, distribution or service company†. ERP system creates values for the enterprises because successful implementation enhances the overall functions of the enterprise, reduces resource wastages, saves time and cuts down on total cost. By having a system which models after some of the best practices in the industry and adheres readily to the laws and regulations, these enterprises gain competitive advantages over their industry rivals. The purpose of this research paper provides discussion on how ERP systems evolve from the â€Å"ancient† Legacy systems, describes the features and structure of an ERP/ ERP II system and compares the top five ERP vendors’ most popular products. The last section concludes with the future outlook of ERP II systems. Legacy Systems Legacy systems are systems that â€Å"no longer support the current business objectives or are inhibiting future developments† (Kelly 2004). The â€Å"ancient† Legacy systems mentioned here refer to the obsolete I. T systems during or before the mid 20th Century. They functioned within a department (silos of information) to fulfill narrow and limited job processes. At that time, departmental heads and staff seldom communicated among themselves (stovepipes). This led to inefficient and inaccurate data duplications. (O’leary 2000). Evolution of the ERP Systems â€Å"Ancient† Legacy systems of the 1960s used the mainframe technology to automate their inventory control (IC) systems with IC software packages implemented and customized in-house to suit the functional business concepts of information silos and stovepipes. The programming languages were COBOL, FORTRAN and ALGOL (Rashid, Hossain & Patrick 2002; Pairat 2005; Monk and Wagner 2009). Back then, Bill of Material (BOM) calculated the inventory demands for all item parts required for product assemblies during manufacturing. By the 1970s, the manufacturing businesses were growing with more complexities. As BOM overlooked the planning process, Work Centre Routing existed as a production process planner. BOM, Routing, Inventory Management and the Master Production Schedule (MPS) combined to form an automated system called Manufacturing Resource Planning (MRP) for controlling and optimizing inventory level, production planning, sales forecasting and scheduling of the major items on the shop floor. Anderson 2001). MRP II evolved from MRP as a response to Total Quality Management (TQM) in the 1980s. By integrating MRP with the other management functions of the enterprise such as Engineering, Project Management, Logistics, Finance, Sales, Marketing and Human Resources, feedbacks for production decision making processes became more efficient and resource optimizations were realized (Anderson 2001). The advancements in Telecommunications devices, network architecture, Database Management System (DBMS), sophisticated software development and programming languages in UNIX and C paved the favourable way for an integrated information system (Monk and Wagner 2009). Economic recession in the late 1980s urged companies to shift their focus into cross functional business processes. In addition, Hammer and Champy (1993) envisioned an enterprise-wide integration system for a Business Process Reengineering (BPE). These factors prompted the I. T System Vendors to respond with a tightly knitted centralized ERP system (with a single database) which integrates all the functions of a world-wide organization to ensure operational excellence, automation of the internal system and the ability to handle multiple currencies and international languages (Subramoniam et al. 2009). Features and Structure of An ERP/ ERP II System Nowadays, the era for ERP II systems has â€Å"Extended ERP† by adding applications for external parties supplying the business transactions and market analysis to the core EPR modules. ERP system benefits medium enterprises in all industries instead of only the large organizations with applications such as Customer Relationship Management (CRM), Supply Chain Management (SCM), Knowledge Management (KM), Inventory Optimization the rest (Mallick 2011; Nicolescu et al. 2009). ERP system and ERP II system use either Two-tier or Three-tier Architecture. Two-tier client–server Architecture simplifies the number of disparate systems in an organization. An ERP solution runs on a server while several concurrent users run the same standardized template (equal server-load) in other locations of the other layer. End users work on the Presentation layer and Business layer. Access to the Database layer is restricted from their PCs. (Anderson 2001; Gill 2011; Howitz 2010). Whereas Three-tier Architecture separates the Client-Tier (Presentation layer) from its Application Server (Business logic layer) to minimize interaction between them.

Amphoteric Definition and Examples

An amphoteric substance is one that can act as either an acid or a base, depending on the medium. The word comes from the Greek amphoteros  or amphoteroi, meaning each or both of two and, essentially, either acid or alkaline. Amphiprotic molecules are a type of amphoteric species that either donates or accepts a proton (H), depending on the conditions. Not all amphoteric molecules are amphiprotic. For example, ZnO acts as a Lewis acid, which can accept an electron pair from OH but cannot donate a proton. Ampholytes are amphoteric molecules that exist primarily as zwitterions over a given pH range and have both acidic groups and basic groups. Here are some examples of amphoterism: Metal oxides or hydroxides are amphoteric. Whether a metal compound acts as an acid or a base depends on the oxide oxidation state.Sulfuric acid (H2SO4) is an acid in water but is amphoteric in superacids.Amphiprotic molecules, such as amino acids and proteins, are amphoteric.