Directions: Read the situation and formulate a Code of Ethics for the business. Writeyour answers on a separate sheet of paper.Situation:You just started an online business selling bags and shoes made in Laguna.You employed one bookkeeper, one clerk, two utilitymen, and four (4) deliverypersonnel. Follow the format given below:Our Core ValuesOur VisionOur ValuesOur MissionOur Principles:1st:2nd:3rd:

In the current situation, The business will operate on online site with product such as bag and…

Answered: Situation: You just started an online…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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1. Write 2 products/services you want to pursue if you become an entrepreneur. 2. Identify your target market by answering the following question in the box provided below. a. WHO are your target customers? b. WHY are you targeting those people? c. WHAT is your goal in targeting these customers? Product/Service Target Market Who: 1. What: Why: Who: 2. What: Why:
Make a proposed mission statement of Puregold (Aling Puring) that incorporates ALL of the components and label them:1. Customers2. Products or serviced3. Markets4. Technology5. Concern for survival, growth and profitability6. Philosophy7. Self-concept8. Concern for public image9. Concern for employees Limit to 150 words only
Based on the given case above,use own words: 1. You are required to propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2)products and/or services; (3) markets; (4) technology; (5)survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) public image; and (9) employees. For each of the 9 components; 1.Customers - Who are the firm’s customers? 2.products or services - What are the firm’s major products or services? 3.markets - Geographically, where does the firm compete? 4.technology - Is the firm technologically current? 5.concern for survival/growth/profits - Is the firm committed to growth and financial soundness? 6.philosophy - What are the basic beliefs, values, aspirations, and ethical priorities of the firm? 7.self-concept - What is the firm’s major competitive advantage? 8.concern for public image - Is the firm responsive to social, community, and environmental concerns? 9.concern for employees - Are…
1. You are required read the case above crispy krepe doughnuts 2015 to propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2)products and/or services; (3) markets; (4) technology; (5)survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) public image; and (9) employees. Which of the each components and explain; 1.Customers - Who are the firm’s customers? 2.products or services - What are the firm’s major products or services? 3.markets - Geographically, where does the firm compete? 4.technology - Is the firm technologically current? 5.concern for survival/growth/profits - Is the firm committed to growth and financial soundness? 6.philosophy - What are the basic beliefs, values, aspirations, and ethical priorities of the firm? 7.self-concept - What is the firm’s major competitive advantage? 8.concern for public image - Is the firm responsive to social, community, and environmental concerns?…
age What does a market-oriented mission statement define about the business? Select one: O a. satisfying basic stockholder needs O b. satisfying basic partnership needs O c. satisfying basic supplier needs O d. satisfying basic owner needs e. satisfying basic customer needs Clear my choice 100 Near record
Distinguish between the “self-concept” and the “philosophy” components in a mission statement. Give an example of each
If you have your own business, how would you consider that your business is in good direction towards your goals and objectives. Cite a dramatic scenario that will describe the word good direction.
Meet with your group and discuss a new business venture that can save our environment. It canbe any business that can sustain within & after COVID19.Business Model Canvas 1. Introduction: Define your new business venture, either it is goods or services. Brieflyintroduce why and what motivates you to choose the business?2. BMC: Develop a Business Model Canvas for your business. Explain briefly every 9 keyelements of your BMCGoal & organization Chart 3. Goal: Formulate a specific goal for long, intermediate and short term of your newbusiness venture? Then develop strategy and a hierarchy of plans involving thesecomponents (strategic, tactical, operational and contingency planning).4. Organization Chart: Draw a sample of organizational chart for your business venture. Itshould include job titles, short description and purpose.Marketing Strategy 5. Define factors that determine your marketing strategy (at least 3).6. Develop a marketing plan for your business venture. Your…
What should you do after you have written your company's vision? Select one: a. Get the highest-paying job you can find that will allow you to achieve your goals. b. Spend all your spare time working on yourself. c. Place your vision in a safe place and revisit it in 5 years. d. Commit to your vision by working hard and dedicating yourself to it.
Identify a particular type of business you may wish to start. You are required to:1. Develop a written mission statement for that business2. Construct a set of goals for the business3. From the set of goals developed in (2) above, formulate specific verifiable objectives4. Devise a statement of social responsibility (CSR) for the business5. Discuss two strategies that you intend to adopt to grow the business
Please ASAP. Thank u Amy has missed class for the past two weeks. She learned that the class discussion during her absence focused on building successful business models. She is unsure of the meaning of a business model. She comes to you for a better definition and conceptualization of a business model. You would probably tell her that a business model is ____________________________. A firm’s intention to further pursue a business opportunity. A firm’s plan of action. A firm’s ability to generate profits once it is started. A firm’s plan or diagram for how it competes, uses its resources, structures its relationships, interfaces with customers, and creates value to sustain itself on the basis of the profits it earns.
Create a mission statement for a nonprofit organization you would be interested in starting. Have another student evaluate your mission statement while you evaluate the other student’s statement, suggesting areas of improvement.

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Situation: You just started an online business selling bags and shoes made in Laguna. You employed one bookkeeper, one clerk, two utilitymen, and four (4) delivery personnel. Follow the format given below: Our Core Values Our Vision Our Values Our Mission Our Principles: 1st: 2nd. 3rd: