Business Plan Assignment Example | Topics and Well Written Essays - 3000 words

Business Plan - Assignment Example Forecasted Cash Flow 14 Conclusion 15 References 16 Overview of Fordwell Golf Club and Its Retail Pro-Shop Fordwell Golf Club is a clandestine associated club which was developed in the year of 1935. The club is located in one of the colonised areas of Midlands with excellent transportation network. The region comprises of venerable population with high passion for golf. Moreover, the brand image of ‘Fordwell Golf Club’ is quite high as compared to other competitors in the nearby area. All other competing clubs apart from ‘Fordwell Golf Club’ also offer varied Pro Shop components along with the game of golf. Thus, it facilitates in enhancing customer satisfaction and reliability which is highly essential in order to sustain in this competitive environment. However, the professionals of ‘Fordwell Golf Club’ have only provided high attentions towards advancement in the facilities of the club thereby ignoring the Pro Shop retail part of this industry. As a result, it hindered the total revenue as well as customer satisfaction thereby hampering the brand image of the club among others. Thus, it is extremely essential to augment the retailing business along with golf as it would supplement the entire prosperity and effectiveness of club (The Professional Golfers Association Limited, 2011). Apart from these, improvement of Pro Shop business would also support and improve the coaching and training sessions of golf, which would be highly beneficial for the club. The training courses include varied modern amenities such as ‘cSwing system’ and Casio camera thereby enhancing the growth and consistency of its clients. It would also help to enhance the total number of members of golf club thereby improving the position in the region of Midlands. Thus, it would also facilitate in enhancing the total revenue, corporate image and constancy of the clients of ‘Fordwell Golf Club’ among others. Therefore, in order to achieve the vision of ‘Fordwell Golf Club’ i.e. to ‘amplify its recent profit by two times’, it is essential to renovate the Pro Shop segment of the club (The Professional Golfers Association Limited, 2011). Business Case ‘Fordwell Golf Club’ is one of the renewed clubs in the region of Midlands. In order to examine the demand of retail golf outfits in the region of Midlands, it is essential to perform a market research analysis, which is one of the significant market strategies adopted at the initial stages of any business (Nagle & Hogan, 2009). The market analysis helps to attain a clear idea about the demand of the products and its target clients. Target Clients of Retail Segment Source: (McKinley, 2002). Thus, from the above provided figure, it can be evidently revealed that the demands of retail golf outfits is quite high both within male and female genders of the society. Therefore, it can be affirmed that the idea of introduction of retail segment of ‘Fordwell Golf Club’ would be extremely beneficial for its future growth and prospects (McKinley, 2002). In order to position its retail segment, ‘Fordwell Golf Club’ could target millions of golfers both male, female youth and juniors as shown above. The infrastructure and renovation cost of retail works hops would also include ?20,000 along with certain trained and qualified assistants as well. In addition, the retail Pro Shop would include varied products such as bags, cloths, trolleys, wedges, headwear, irons, putters and shoes among others according to the tastes and the preferences of the end-users which would cost around ?10,000. Moreover, the retail Pro Shop division would also include a custom fit and repair centre for the players clubs according to the demand of clients at a reasonable cost (i.e. ?150 per head) for the club

Vulnerable Population and Self-Awareness Paper Essay

Vulnerable Population and Self-Awareness Paper - Essay Example This impairs their quality of life by decreasing their subjective health and increasing depressive symptoms. Loneliness among widows could lead to cognitive decline and increased need to use health services available to them. This paper applies criteria in selecting a vulnerable population, studying the population’s demographics and reflecting on personal attitudes and values towards that population. There are over 13.7 million widowed individuals in the United States, with over 11 million of this number being women (Jenkins, 2009). Female survivors have outdistanced the men by an increasingly widening margin with women now representative of eighty percent of the population of widows in the US. In 1940, there were approximately twice as many widows as there were widowers, with this ratio climbing to 4:1 and expected to continue rising in the future. Several factors can explain this disparity between the two sexes. First, women have a longer lifespan compared to men with women living into their advanced years more than men do. Second, most men will marry women who are younger than they are, which increases their probability of outliving their spouse. Thirdly, widowers tend to remarry more than their female counterparts do; therefore, men tend to leave widowhood more than women do. 65% of women aged 65 and above are widowed, which reflects their greater life expectancy (Jenkins, 2009). Widows also undergo longer periods of grieving accompanied by feelings of guilt and retrospection of a past relationship mistakes. Before the demographic research, my view of widows was one of grief and loneliness. It seemed me that they were, in too much grief, to reconsider marriage due to their attachment to their late husbands or even out of respect to their children and the memories that they held of their late father. It also seemed that widows complained all the time, especially when in public. This was especially so with elderly widows who came to social meets by the mselves. I thought that they had no more reason to complain than widowers did, some of whom I knew personally to be very affable characters. However, after this demographic study, it is now clear that widows have very limited chances of remarrying. Despite their loneliness and want for companionship, by the time they get to 65, there are very few men available for re-marriage. The emotional loneliness that they experience is a subjective response to lack of intimate and close attachment. When they lose their husband, who was an intimate attachment, their identity becomes impaired since they have no one to foster a feeling of security, which leaves them in a state of isolation and aloneness. The demographic study also brought me closer to their social isolation. Whereas I thought they were socially isolated because of unending grief, it became clear that this was caused by lack of a social networks, or even dissatisfaction with their present social network. A lack of social integrati on makes them feel that they do not have friends. Social researchers feel that social isolation is can be measured by contacts and integration the widow has with the surrounding social environment (Owen, 2009). Healthcare professionals are in good positions of helping the elderly women suffering from loneliness, which in turn, leads to suffering from health problems. However,

Working mothers shoudn't go back to work year aftergiving birth Research Paper

Working mothers shoudn't go back to work year aftergiving birth - Research Paper Example However, most countries limit such leave to six months after which mothers are expected to return to work. Various reasons have been cited that force the mothers to return to work. These include economic reasons as well as loss of work opportunities in case they delay the return. However, the positive impact that delayed return to employment has on the infant, on the mother, on the society, far exceeds the adverse impact of early return to labor market. Thus, working mothers should not return to work for a year after giving birth. Child-birth – the period of transition The birth of a child is a period of transition for the couple as it brings about significant changes in their relationship, responsibilities and preoccupations. Mothers are the primary caregivers of the family and their return to re-employment soon after birth of a child affects several factors – parental well-being, investment in parenting, marital relationship, attitudes towards the work and family, and the infant’s disposition and temperament (Feldman, Sussman & Zigler, 2004). It may be argued that childcare centers could be used when mothers return to work but low quality care can result in maternal insensitivity and feeling of insecurity in the child. The number of caregivers in childcare centers may not be adequate. Parents are better caregivers and feel more secure of their infants’ safety when they attend to the infants themselves. Breast-feeding leads to important and long-term health benefits for the infants and their mothers (Murtagh & Moulton, 2011). It also positively affects the cognitive development of the infants and their health as adults. The American Academy of Pediatrics highly recommends exclusive breast-feeding for the first six months of birth and continued breast-feeding till the infant is 12 months of age. If mothers work outside the home, it negatively influences the duration of breast-feeding. Unsupportive work environments reduce the breast- feeding duration. Adverse impact of early return US based studies find that maternal employment in the first year of life leads to poorer outcomes, later in childhood. In particular, poorer cognitive outcomes have been reported. The adverse effects are pronounced when mothers return to full-time work before the child is one year old (Gregg, Washbrook, Propper & Burgess, 2005). As participation of women with infants in the labor market has gone up, prevalence rate of breast-feeding has declined. In a study based in Taiwan, Chuang et al (2010) find that return to work within six months of giving birth, is a barrier to continuation of breast-feeding. This study was based in Taiwan where maternity leave does not extend beyond 8 weeks. Women were found to stop breast-feeding after this 8-week period during which they were confined at home. Role of legislation in early return Women are being forced to return to work soon after giving birth to the child for economic reasons. In addition, s elf-esteem and a sense of worth are associated with the paid worker status. However, this causes time pressure on family members and adversely impacts the welfare of the children (Smeaton, 2006). Men should be encouraged to perform more active roles in the family and child-rearing. Work-life balance and increasing nursery provision at workplace, part-time work for some months upon return to work should be given due consideration. In the UK before 1990, mothers were paid to stay at home for 18 weeks following child birth. They could return to work anytime up to 29 weeks of child birth. This study by Burgess et al (2008) found that legislation plays a vital role in the work return rates. Most women returned to work at the end of paid leave (18 months) and beginning of unpaid leave. If the partner’

His5 Essay Example | Topics and Well Written Essays - 500 words

His5 - Essay Example The Vikings were essentially pagan, illiterate and virulent. However, there is much work today that revisits common perception and stereotype of the Vikings as mere barbarians to a more complex race that had more to offer as traders and explorers with sharp business acumen and propensity to travel faraway lands to further their trade links and craft. Much of the Vikings’ history was written by monks and natives who were the victims of the attacks by the Vikings. There is speculation that their accounts might be overly dramatic and extraneous. The Vikings were superior craftsmen, most commonly associated with lightweight, well-built ships that took them from Greenland to North America. Archaeological explorations reveal that these ships were meant for long distance, solid travel rather than battle. The Vikings have also been found masterful at crafting swords, artifacts, paintings and clothing. The Vikings voyaged to the land of America which they called Vinland the Good, as early as 1000 A.D., which is almost 500 years before any written record of Columbus. Vikings are known to be explorers, thus it is not incorrect to surmise that they explored the land, seeking fodder, habitable area and semblances of culture. They also traded and worked with the local people of this land, by them called the ‘skaelings’; they also took residence with them by building houses, which is another indication that they did not intend barbarism and pillaging but cohabitation in peace and harmony and general prosperity of society. These conclusions are drawn by the translation of the Icelandic sagas of the Vikings into more common European languages, around two hundred years ago (National Museum of Natural History). There is general consensus among people that the land called Vinland is situated south of two other lands in North American explored by the Vikings, Helluland

Organizational Behavior Study Guide and Sample Comprehensive Review Assignment

Organizational Behavior Study Guide and Sample Comprehensive Review Questions - Assignment Example A number of factor help to have access to what an individual likes and dislike including: projection, hako effect, attribution, perceptual set, perceptual context, perceptual defense, stereotyping among others. 4. Attitude is a way of behaving, or thinking towards a belief. Attitude has three components. The first is emotional which refers to an individual’s feelings towards a tangible object. The second is informational which are the beliefs or ideas that an individual has concerning an object. Lastly is behavioral which is the behavior (cognitive and affective) that a person has towards an object. 5. Attitudes can be formed through learning from experience of the social situation around a person. Attitudes can be changed through an individual’s will to reduce dissonance; also rewards of changing a particular perception about an object can help in change attitude. 6. Maslow hierarchy of needs is a human motivation theory which states that the most basic needs (which are at the bottom of the hierarchy) must be met in order for a person to desire the needs at higher levels. Herzberg’s motivation theory suggests that a worker can either be motivated by good incentives or dissatisfaction by bad conditions of a working place.Alderfer’s ERG (Cycle of Needs) is an employee motivation theory proposing that there three categories of human needs (existence, relatedness, growth) that motivates a worker. McClelland’s Three-need theory advocate that needs to achievement, affiliation and power motivates an employee when they are met.Expectancy Theory (Vroom and Porter/Lawler), propose that a person will select behavior and choose motivation based on the outcome/result desirability. Equity theory suggests that fairness and unfairness in a working place determine a workers satisfaction or dissatisfaction. Attribution theoryexamines the u se of

Evaluate a range of employee development methods and barriers to Essay

Evaluate a range of employee development methods and barriers to effective learning within organisations - Essay Example â€Å"Development is a continuous improvement process that occurs at both the organizational and individual level. At the organizational level, leaders must actively manage the overall talent mix. Effective leaders recognize the need to fill key positions with individuals who have a competitive advantage in performing their roles when compared with their peers across the industry.† (Koch 2007) This competitive advantage stems from the organizational efforts to train and develop its individuals in a way so as to add value to their expertise as well to the overall organization. History is filled with examples where companies have placed immense emphasis on its employee development programs. Organizations come up with new and novel ways to train and motivate their employees and build their career for the benefit of both the employee and the organization. The learning based interactive system developed by IBM in the 1980s lead to marked improvement in the work quality of its emplo yee. Although when this system was developed IBM was losing from its competitors and incurring loses, but the company in its difficult time did not let do of its employee development and the new and innovative learning system helped the firm come back in business. The employee development methods form the basis of improving employees’ skill and technical expertise. â€Å"Employee Development methods fall under two general categories: on-the-job and off-the-job methods. The on-the-job methods consist job rotation, assistant-to positions, mentoring, special projects, and committee assignments, while off-the-job methods consist of formal education and outdoor training.† (Medina 2006) Talking of the on-the-job training, the most common method is the job rotation which is the systematic movement of an employee from one position to the other in the same or different departments. This method claims to develop employee understanding of the overall organization by moving the em ployee and making him actually do what is required in each unit of the organization. â€Å"Numerous firms have used job rotation, including American Cyanamid Baker Hughes, Ford and Prudential Insurance,† (Griffin & Moorhead 2011) The proponents of this method argue that this type of development is required by the organization in order to familiarize the employee with all the departments and technologies and methodology that the firm uses. But the opponents argue that it makes the employee jack of all trade and master of none. According to them when employees move from one department to the other, the shorter time span adds to the confusion resulting in errors that decreases the productivity of the employee. Another off shoot of the job rotation is the job enlargement which is also known as the horizontal loading of work. It involves the increasing of number of tasks in the same job as performed by previous employees. The rationale behind the inclusion of increasing number of tasks is to reduce monotony of the worker. But this kind of loading takes a toll on the time required to complete the job thus resulting in a decrease in the efficiency. However firms have gained some advantage such as employee motivation due to

Fundamental Concepts of Construction for Project Management Case Study - 4

Fundamental Concepts of Construction for Project Management - Case Study Example I will serve as a manager from the client’s side to supervise the managerial functions about the project. I will develop the bid documents and the estimator of our firm will fill the bill of quantities as a reference for the client to compare the subcontractors’ bids with. I shall be drawing a predecided fee from the client for this. Further, it is assumed that some of the previous drawings are lost, and some are preserved. I shall incorporate buildability concepts into the pre-existing design and do modifications in the building orientation and stuff to satisfy future needs and meet future challenges. It is my responsibility to prepare the bid. I shall schedule it for the subcontractors. I shall offer all these services to the client to draw my fees. My firm will serve as a â€Å"construction manager†. Thus working as a construction manager, it is my duty to arrange specialty subcontractors. All of the work will be subcontracted. A few with material and equipmen t, and for heavy machinery, we shall have to either rent or lease the heavy machinery, whichever will be more economical. I shall make the unit cost with material contracts with the specialty contractors and choose the cheapest who has not front-loaded his schedule. I shall make the subcontractor's purchase insurances for their own work, including workers insurance. It's my responsibility as a manager to plan for site safety. The contractors will follow my schedule. So they will not fight among each other.