THE BUSINESS – Vision & Mission Statements

P​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ART I: THE BUSINESS – Vision & Mission Statements – Description of Business – Product/Service – Target Market / Customer Profile – Business Location – Business Model (how does the company operate and make money?) – Goals – Objectives – Strategies – Company Performance (Financial and Strategic) (from company’s financial statements)​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​- SWOT (Analysis of Strengths, Weaknesses, Opportunities, Threats) – Core Competencies and Competitive Advantage Industry/Market Analysis – economic characteristics – key success factors – trends and opportunities – Forces analysis (Porter’s) Competitor Analysis – Identify competitors – What your company does to maintain its mar​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ket share

 

Sample Solution

The business I am focusing on is a small bakery that specializes in custom-made cakes and cupcakes. The vision for this business is to become the premier provider of custom baked goods in the area, providing customers with high quality treats that are both delicious and aesthetically pleasing. The mission statement of this bakery is to provide outstanding customer service while creating unique and beautiful cakes, cupcakes, and other desserts that will make any person or occasion special.

The primary product offered by the bakery will be custom cakes, cupcakes, and other sweet treats such as macarons. These products will all be made with fresh ingredients according to the customer’s specifications. The target market for this business includes individuals who are looking to order dessert items for special occasions such as birthdays or weddings, as well as businesses who may need catering services . Additionally , corporate clients can utilize our services to create branded products for promotional events .

This bakery will be located in a suburban area close enough to urban centers so it can take advantage of customer traffic from larger cities but far enough away where overhead costs can remain low. It will also have an online presence which allows customers from around the world to place orders without having to physically come into the store. This business model allows us capitalize on markets we would otherwise not able access due limited physical space .

The goals of this business include increasing revenue by 20% per year ; developing long -term relationships with customers; growing brand awareness through local marketing campaigns ; expanding online operations; creating a positive work environment; keeping overhead costs low while maintaining quality standards; and ultimately becoming recognized as one of best bakeries in region (Schultz et al., 2020 ).

nsulting a word reference during a free perusing assists perusers with tracking down the significance of the troublesome jargon, determine the importance of the new word in view of logical data and give further openness to the word in different settings, with various gathers and developments, by making the understudy ponder the words in connection both to the entry being perused and the word reference. Concerning the utilization of word reference in second language realizing, there are various examinations revealed in writing. A small bunch of L2-put together examinations have been led with respect with the impacts of word reference use on perusing and jargon learning. Bensoussan et al. (1984) did a pilot review to learn the impact of word reference use on understudies’ exhibition on a perusing cognizance test. Ten unique sections with numerous decision questions were managed to around 900 first-year understudies at Haifa College. At long last, he presumed that there was no massive distinction in test scores between the people who utilized the word reference and the people who didn’t. Luppescu and Day (1993) inspected whether the utilization of a bilingual word reference upgraded jargon learning on an understanding undertaking. A gathering of Japanese college understudies (N = 293) read a story that included 17 obscure words whose significance could be surmised; a portion of the gathering approached a bilingual word reference while half had no word reference. Subsequent to perusing, all were given a various decision spelling quiz. The gathering that approached the word reference had a mean score on the spelling quiz that was half higher than the no word reference bunch. This recommends that the utilization of a bilingual word reference can upgrade jargon learning (through perusing).

Knight (1994) examined the impacts of bilingual word reference use on jargon learning and perusing appreciation in L2 students with various L1 verbal capacities. Members (N = 112) were college understudies concentrating on Spanish at a middle of the road level; they were haphazardly placed into a word reference or no word reference bunch. Results showed that there were tremendous contrasts leaning toward the word reference bunch on both jargon learning (supply and select settings, quick and postponed tests) and perusing appreciation measures. Learning English as a worldwide language is a movement which individuals feel they need to take part in all through their lives – principally in a self-learning mode.

In any case, English educators are inaccessible external the schools and students need to find solid data that they can allude to when they experience different issues connected with English. English word references can make up for this shortcoming. In an EFL setting like Korea, where target language input is restricted, a word reference is a priceless reference to the English language. They give students valuable phonetic and social data, particularly when instructors are inaccessible and the students are liable for their own learning (Walz, 1990;). Homstad and Thorson (2000) propose that inside the informative worldview independ

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