Business Planning - franchise KFC Essay Example | Topics and Well Written Essays - 2000 words

Business Planning - franchise KFC - Essay ExampleKFC depart introduce a clench of edible coffee cups and food items like double down dog in London and hopes to set in motion them in the newbornly set franchise. Their coffee cups volition be inf dropd with various aromas such as coco sun cream, fresh grass and wild flowers. They plan to introduce buckets of comfort food along with new ketchup made of marshmallows and lemonade. These newly introduced products are supposed to satisfy the demand of the local residents and result in increased sales (Lafontaine and Shaw, 2005).Their new product ranges are supposed to come with many health benefits for people. Their groundbreaking range of products will fall under 400 calories and below 15 grams of fat so that as yet if people continue eating their foodstuffs at a regular basis that will serve to be a healthy choice for them. These food ranges will contain no trans fats and will contain capable amount of calories required to remain healthy (Stier, 2004). Their combo meals will come under healthy feed plans and will serve best in taking care of health of their consumers. These newly invented unique recipes will not compromise the quality and will be made of sustainable materials.To gain a hawkish advantage, the company will focus on expanding their business and increase its market share. Use of renewable resources will also differentiate the business to some extent. Majority of competitors tend to use plastic materials for their packaging. KFC will use edible coffee cups which will generate less waste and will confirm to be purlieu healthy (Tsai, Shih and Chen, 2007). It will develop new food products with great taste and value and also at the same time maintain health standards which will satisfy the expectations of the health concerned people alike (Sivadas and Baker-Prewitt, 2000). The price of the new products will be reasonable and competitive with other neighbouring restaurants offering chicken menu. in any case by offering unique introductory discounts, the new franchise will

Urban outfitters budgets Essay Example | Topics and Well Written Essays - 250 words

Urban outfitters budgets - Essay Example expansion of the market will lead to application of new merchandise strategies and employment of more workers, which will increase the wages and administrative expenses (Smith 2010).In marketing, control and military rank is crucial because Urban Outfitters determines the performance and effectiveness of marketing operations. In measuring the performance of marketing information, control and evaluation provides useful information. Evaluation and control design in the marketing department provides the manager with output of the services and products. Evaluation and control can in like manner help the company to know where to make improvement and the areas it has success. Through evaluation and control the business takes into cover external conditions relating to marketing programs like customer feedback. The feedbacks help in determining employee performance. Through control and evaluation Urban Outfitters will be able to focus in all mar keting areas (Smith

The Dismantling of White Supremacy in the United States Essay - 1

The Dismantling of White Supremacy in the United States - analyse ExampleThe awakening of the African-American community enhanced in the 1930s due to the economic crisis of 1929, which gave the hazard for blacks to join whites inviting social reforms. During the 1930s, the NAACP organized a fierce legal battle against discrimination including segregation in public education. The Second World War was the occasion of major changes in the national and racial governing as whites were made to a greater extent aware of the danger of racist ideas. At the beginning of the war, the threat of a march in Washington by blacks, forced President Roosevelt to issue an executive order prohibiting racial discrimination in defense industries and government.The first step was taken against segregation in the northern states after the Second World War (considering the war effort of African Americans in the military).Racial segregation was fought by quietness and non- peace activists for the civil ri ghts of African Americans from the end of the Second World War until the passage of the Civil Rights fleck and the Voting Rights Act. The initiation was done by a lady named Rosa Parks. She became famous when on 1 December 1955, in the city of Montgomery, Alabama, she refused to obey bus driver who asked her to leave her seat to a white and go sit in the back of the bus. She was arrested by the police, convicted but appealed the judgment (this is the famous issue of the bus). She just gave a decisive impetus to the civil rights movement that will reveal a new-made leader.Martin Luther, while unknown, was launching a campaign of protest and boycott against the bus company would last more than one year. Federal courts finally declared segregation in transport as illegal this mastery was gained through non-violence activism and support of white liberals. Martin Luther female monarch was one of the greatest orators and politicians and became the spokesman of the African-American co mmunity in the U.S. Martin Luther King Jr. was born in Atlanta, United

Billy Graham and His Impact Research Paper Example | Topics and Well Written Essays - 4000 words

Billy Graham and His Impact - Research Paper ExampleLeading an terrible and remarkable life, Billy Grahams name will forever be remembered as the part who has influenced and shaped the world of Evangelism and Christianity in all of the United States of America. His life is the account of the impact he has do in the world.Born as the eldest on the seventh day in the month of November in 1918, Billy Graham was raised on their familys dairy farmland in close law of proximity to the largest city in the state of North Carolina by his parents, William Franklin Graham I who was a successful cultivator and entrepreneur and Morrow Coffey. As he was growing up with his four other siblings namely Katherine, Melvin, and Jean, he was already surrounded by the Christian upbringing in the Associate Reformed Presbyterian Church.When the Noble Experiment was enforce in 1933, when he was only a young man at the age of about cardinal years old, Grahams father had forced him as well as his sister Katherine into imbibing and engaging in alcoholic beverages to the point where they would start throwing up. This event that happened early in his life, only as a young teenager, has caused him and his sister a strong feeling of hatred and abhorrence for alcohol and shake up drinks and beverages as well as drugs.Graham, a year after the incident, was converted when he was only 16 years of age at that time when he was attending a series of several revivals and permutation meeting in which Mordecai Fowler Ham an American Independent Baptist evangelist and temperance movement leader, a loving movement that insists on the reduction of in taking and drinking alcoholic beverages, was in charge of. He enthused up quite a number of different issues and controversies when he was charged and accused of ethical remissness and lack of discipline while he was attending and studying at his local high school.

Thougt it Was Safer Than Starting His Own Business Case Study

Thougt it Was Safer Than Starting His protest Business - Case Study ExampleSecondly, since he rose through the ranks, having retired as a elder execute from the forward firm makes Fred highly skilled in hurt of possessing the knowledge, abilities and skills needed to operate a franchise within the same industry.However, there is disparity in the specific service offered by the previous organization he was employed with (automotive parts) and that of his franchise (car repair). Therefore, in terms of having direct and previous experience on operate a car repair business, Fred seemed to start as a neophyte in this flesh of business endeavor.2. Evaluate Freds misconceptions about being a franchisee. Speculate how common these misconceptions may be for all new franchisees.As indicated in the case facts, Fred perceived that there were app arnt misconceptions in terms of being his own boss and running his own company (The Franchise Handbook, 2000, par. 5). According to Gappa (2012), there are many misconceptions about franchising, but probably the most widely held is that you as a franchisee are buying a franchise. In reality you are spend your assets in a form to utilize the tick lay down, operating system and ongoing support. You and everyone in the system are licensed to use the brand name and operating system (Gappa, 2012, par. 5). ... reds assertion that one of the misconceptions of franchising is thinking that when one enters into a franchising agreement, the franchisee would be his own boss and would run his own company. As a franchise, all the terms of the franchisor would be followed and adhered to. Likewise, it was accentuate that as a franchisee you own the assets of your company, which you have chosen to garb in someone elses brand and operating system and ongoing support. You own the assets of your company, but you are licensed to operate someone elses business system (Gappa, 2012, par. 11). It could be therefore common for new franchisees to assume that by entering into a franchise agreement, the new menace would give one the opportunity to own a business and be ones own boss since one would invest considerable amount of funds that could be parallel with investing on establishing a practically new business venture. The only difference in franchising is that one opted to invest in a previously established business with previously established historical performance to pass judgment customers response to the product (or service) and therefore provide a plus factor in terms of image, core competence and competitive advantage. 3. Suggest what Fred could have done differently to be bring out informed and advise Fred on action he can or should take now shrewd his situation. For new entrepreneurs and business practitioners who are thinking of starting a new business venture or opting to enter into a franchising agreement, to be better informed, there must have been a more comprehensive examination and extensive research u ndertaken on the alternative courses of action to establish a new business venture or to enter into a franchising agreement. There are advantages and disadvantages to both

Analysis of General Theories of History Essay Example | Topics and Well Written Essays - 1500 words

Analysis of General Theories of History - Essay ExampleExperiences from angiotensin-converting enzyme generation to another do not vary greatly thereby it is important to learn lessons from the boilersuit course of tale. The first attempt to record the science of history was undertaken by the Greeks about twenty-five hundred years ago. The need to comprehend history and translate its effects into the future does not arise in societies with long-standing and relatively steady social structures. Such a state of personal matters is not wedded practically consideration. However, when societies face sudden drastic turmoil which triggers changes in the social structure, then understanding the underlying motives which lead to the change becomes imperative. Usually wars, travelling, trade and colonization result in an entirely different culture existence imposed on the fellowship which they come into contact with. This forced integration of diverse cultures culminates in a clash bet ween different social strata so it becomes crucial to identify and comprehend the sources and foundations of such oppositions. men of knowledge compare and contrast various sorts of governments and social structures in an attempt to resolve differences and bring harmoniousness to the society. It is obvious that conflict resolution is not possible unless conflict description and diagnosis are perfect enough. The role and responsibility of creating accurate problem diagnosis is within the domain of semipolitical theorists. Neither has history been created nor perk up our social structures evolved in accordance with a pre-defined plan. Nature has not dictated the course of events kind of it is the people who compose societies who chose their cultural norms, established various institutions and developed ideologies. It is time to realize that the human temperament itself is determined by changes in life and labour. History has been shaped by economic progress, division of society in different social-economic strata, changes in condition of labour, advancements in production and trading. In this respect there have been a number of different contributions to thought on political history from various quarters. The evolution of political history in its current forms can be seen as deriving from the Age of Enlightenment where thinkers such as Hegel and Kant picked up the gauntlet to define history in such a manner. This work was carried on later by numerous others including Karl Marx who has had a major impact on the modern day given his role in the creation of a communist ideology. In more modern terms, the earliest thoughts on the philosophy of history derived from the views and work of Kant. He held that humanity had been driven into its current state of autonomy through the use of enlightened despotism (Kant, 1991) (Murphy, 1994). Kants views on the issue can be seen more clearly through his work titled Idea for a Universal History with a Cosmopolitan Purp ose. Kant produced a paradoxical picture by expounding on the one hand that national liberation was sole(prenominal) possible through enlightened despotism while ultimate autonomy rested entirely with the undivideds will to gain it (Williams, 1992). Kant recognised that history ensured that progress had to come in human affairs but Kants method of delineating the mechanism remains self-contradictory (Hampsher-Monk, 1993). Strangely he holds that liberation lies simply through

Project Design, Implementation & Evaluation Essay

Project Design, Implementation & Evaluation - strive Examplethe Micron Software solves the situation by creating an interface through which the users of the system can hold back data for accountability, integrity, reliability, transparency and foe easy audit (Leffingwell 2000, p. 28). The system will therefore solve the challenges with cover based operations and produce fast tracking of reports in a customized manner. It will reduce or possibly eliminate the cases of data loss and mismanagement.The system to be developed in this project is evaluate to be interactive in accepting and processing the user input data, and generating output in embodiment of dialogues and reports. The system has to be easy to study so that the clients, operators and users can learn it easily. Even without user sop up or progress documentation, the system exigencys have to be clear and comprehensive. There have to be union in the system functions such that it performs all the action indicated. For e xample, if the button is indicated as Close, accordingly it has to decision the current form.The system is expected to accept data input from the user, perform financial operations and then generate an output from the product and the data kept in its historical database. The system also moldiness do data validation during the input to ensure that each field of battle accepts the right form of data. For example, the field for date should not accept any form of data apart from date.The system has minimum requirement of features and hardware properties which limits its development for example, the coat of the memory available, the speed of the processor and the size of the hard disk. The constraints can be caused by failure to meet the basic requirements of the development environment. Other constraints arise from information policy, system reply times, and system interfacing with other related application software, the capacity of the networks and compliance issues. The minimum r equirement of memory size for example is a RAM of 2GB and hard drive of 500GB.In

Paper on the film Amelie Essay Example | Topics and Well Written Essays - 750 words

Paper on the film Amelie - Essay manikinPaper on the film Ameli is dicribing this film and stories, realated with main hero.At first glance this may not be the case because of the way the movie has been produced it isnt just the plot that essential be considered, it is everything from cinematography to redness to direction itself. It would appear that the contemporary feel is in and traditional is out in this movie as the director used elements from the French new wave cinema to construct some of the scenes of the movie (Vanderschelden, p.14) for e.g. Strowzykowski writes active Jeunets technique, In Amelie, Jeunet had actress Audrey Tautou break from the sealed world of the narrative to talk directly to the audience (Strowzykowski). The variety with conventionalism ends here, however.It is only at a deeper look that one realizes the way Amelies character itself has been written, promotes a very sexist image of women. It isnt obvious and there is a lack of large flesh out that can help the audience see through this, instead there are subtler details that must be carefully picked up and analyzed.Amelie finds meaning and fulfillment in life only in component part others and in her love for a man whom she idealizes. In this framework of a stereotypical image of womanhood, Amelie is hegemonic everyy granted the agency to gaze at others, to transform their lives, to escape sexualized masculine gazes, and even to choose her own prince all because she is a non-threatening good girl who is just looking for love... Such spectators find pleasure in honoring Amelie take action and trespassing the passive sexualized object role that she was supposed to play. Amelie is a fine face of contemporary French cinema. The ideals it portrays, however, are not entirely contemporary in terms of a womens rightist perspective. The movie presents the stories of a woman who has been constructed on patriarchal terms rather than feminist ones. The mere concomitant that the movi e was such a colossal success proves that the actual identity and concept of females and femininity oasist changed much over the years. While the production methods and techniques may have evolved a great deal, the archetype of women is much the same, albeit in a different manner altogether.

HR Strategy for DeVry, Inc Essay Example | Topics and Well Written Essays - 2500 words

HR strategy for DeVry, Inc - Essay ExampleWal grocery is a typical US success story. Founded in 1962 as the vision of a single man, Sam Walton, the overseer stores today symbolize American entrepreneurship. Wal Mart has consistently been regarded as one of the best Fortune five hundred companies in the United States over the years. This has been feasible because of the unflinching commitment of the management to the customer and its focus on people including its employees denoted as associates. Wal Mart is a global company with more than 1.3 million associates, 5000 stores and wholesale clubs in over 15 countries. It is the most admired retailer and generated over $ 256 billion in global receipts with an increase in $ 26 billion in sales in 2004. The company has consistently delivered senior high school levels of growth and benefits to customers as well as share holders.On the basis of its overall vision and culture, Wal Mart has based its personnel selection, development and gro wth strategies on the principles of transparency, equality of opportunity, diversity and effective use of automation. outgrowth is attained by providing personnel opportunities for aptitude and career alignment, training and continuous objective feed back. This achieves loyalty, affiliation and continuity for the company. The policy of diversity enables effective alignment of the associate with the customer base which is derived from all communities. The slender nuances of the personnel development policies of Wal Mart in relation to the above facets are being covered herein-(a) Non Discrimination in Selection. The company follows non discriminatory policy of hiring and selection of its Associates which is the first tier of employees. Wal Marts HR Strategy comprises of development of effective processes for all its systems such as hiring, selection and so on.

HR Essay Example | Topics and Well Written Essays - 500 words - 1

HR - Essay ExampleAs they see perceive via the general operating conditions of the TWTC, many managers confessed that their company occurs to have no clear career road map and this is not suitable especially for starting workers who aspire to yield growth and promotion at a time in the future. With little opportunities toward professional advancement and incomes that barely hit the average, it is plain to imagine how easily TWTC could lose employees by hand resignation if only there exist several other alternatives in which to spot greener pastures for employment and internship alike. scorn the negative observations the managing staff, however, expressed hopes about the impacting contributions of the Human Resources stating HR is part of all process developments and is not merely supportive of the processes. By exploring analysis of this area, the company is able to convey how people are greatly cute in terms of healthy working relations and quality training. Besides recruitment and staffing, the HR is verbalise to demonstrate expert potential in evaluating employees and thereby determining the benefit packages that grant employees the satisfying pecuniary worth for the equivalent skills and efforts shown. Majority had agreed with the way HR is claimed to exhibit a character of adeptness and availability in supporting most aspects of operations as well as responding to requests in a timely manner.A manager admitted that, being an asset to the company in different ways, TWTC HR receives bully compensation in exchange of excelling in the field where personnel go beyond their fundamental duties, holding a balanced aid between the employer advocate or executives and the workforce. Moreover, the interviewees further stressed that HR is busy in every part of the firms structure and on this ground, the processes and

Raw Milk US National Marketing Strategy Essay Example | Topics and Well Written Essays - 1500 words - 2

Raw Milk US National Marketing Strategy - Essay display caseIt is evidently clear from the discussion that retail Raw Milk includes fluid whole milk, hand-skimmed cream, and milk, which has been hand-skimmed. This means a plant cannot use a homogenizer, separator or any other automated apparatus to apart(p) keen milk from cream. Retail Raw Milk does not include chocolate or flavored milk, or cultured fluid milk. It cannot be applied in producing other food crossings such as yogurt, butter, puddings, or ice cream. Despite recommendations by the American Academy of Paediatrics (AAP), American Medical Association (AMA), Centres for disease Control (CDC), and Food and Drug Administration (FDA) that raw milk not be sold immediately to consumers due to it having harmful bacteria like Campylobacter jejuni, Salmonella, Escherichia coli 0157H7 and Listeria monocytogenes, raw milk cut-rate sale is legal in 32 (64%) of the American states. 9 states have make it illegal to sell raw milk, 17 have made it illegal to sell raw milk for human consumption, while the remaining states have some crop of legislation that regulates raw milk trade and consumption. It is projected that there may be changes in raw milk-associated legislation as more than states debate the issue. There are no laws prohibiting raw milk sale for other animals consumptions though there is, however, a federal ban on interstate trade on raw milk for human consumption. Raw milk, from cattle fed in the grass, has been promoted as a reservoir of naturally occurring conjugated linoleic acid (CLA) and antimicrobials in solution. It is important to note that production of raw milk fol let outs more stringent hygiene standards than milk meant for processing/ Raw milk is a low involvement product as it is cheaper than processed milk, frequently purchased as a matter of routine, and has a short shelf life. For the low involvement products, the consumer gives very little thought and forms no feeling of the prod uct until after purchase and consumption.

ACOLYPSE LITERATURE Essay Example | Topics and Well Written Essays - 750 words

ACOLYPSE LITERATURE - Essay ExampleThe Apocalypse of Abraham is oneness where the author is not known at present. As a result of this, there catch also been several problems in ascertaining its history oer a period of time. There have been problems and as a result of this, there was considerable post in retrieving dates at the very start of its history. The problems that were a part of the ascertaining of the history of this book caused the whole count of it to be disposed of after a certain period of time according to theorists like Robert G. third house who feel that there has been a delivery boyian Interpolation which introduces certain problems in the interpretation of the figure of Christ (1988, 107). Andrei A. Orlov on the other hand, finds certain strands of Merkabah mysticism in the Apocalypse of Abraham and this can be considered to be one of the reasons as to why these works are considered to be a great part of the traditions of Judaism. Merkabah mysticism is the Jud aic tradition in which the divine form ideology arguably receives its most advanced articulation (2008, 53). The apocalypse as far as this book is concerned is the destruction of the temple and this is what is narrated in this book. As a result, one may say that the date of the writing of this book is after 70 A.D. After this point, it is considered to have been translated into Slavonic. There are many versions of history as to what language the original version of the Apocalypse of Abraham was compose in. There is however, a certain kind of agreement regarding the fact that the original was written in Hebrew. This is some other fact that makes commentators place the work in the tradition of Judaic beliefs. There are theories that there was a stage in between where a translation into Greek was carried out. Translation into English happened, however, during the year 1898. The booster that English audiences have with this work is therefore, limited. This might be

Supply Chain Management under Porters Five Forces Model Research Paper

Supply Chain Management under Porters Five Forces get - Research Paper ExampleThis paper declares there is a corpse in inventory view as referred to as the two- stash away system, consisting of a bin for producing materials and a back-up containing these same materials. By adopting a just-in-time methodology, when the main output bin becomes depleted, it is quickly replaced by the back-up. It is at this point when materials are reordered to replenish the main bin. What this will do is annul the carrying costs of raw inventories, moving from a monthly replenishment system to a daily system that would streamline ordering of raw materials and subsequently allow for better predictive procurement. Implementation of an appropriate BRP system, such as SAP, would automatically calculate movement of materials for point of intersectionion, thus offering a model for procurement base on tangible, quantitative inventory usages. BRP as it relates to the two-bin system would provide the fle xible feedback mechanism required for hi-fi inventory control. HMC should also work on developing relationships with the supplier corporate culture through transversal coordination innovation. This is a relationship marketing concept designed to remove communication barriers between up-stream suppliers and down-stream buyers with a guidance on more coordination and partnership. HMC needs to establish mutually-beneficial alliance functions and negotiations throughout the supplier network to provide production/operations training to other corporate cultures and work together to develop a more antiphonary supply chain and supporting contract negotiation. The four drivers of supply chain management The four drivers of SCM let in outsourcing, globalization, supply and demand risk, and product life cycle in the sales market. With new automotive contracts, the product life cycle is limited due to model changes and new structural best practices for automotive products. Thus, fable will require a continuous adjustment methodology to existing assembly lines and machinery standards. This will fair limit the ability to consider long-term procurement and maximize production space and efficiency. This should be accepted when conducting quantitative quality planning, procurement models and predictions, and process controls. From this study it is clear that HMC is not in control of these customer-driven aspects and essential be flexible and adaptable to changing production design. However, globalization provides new opportunities for reducing pricing in the supply chain by considering supply alternatives and negotiating contracts with foreign manufacturers for non-automotive production (since these are guided by ISO or QS9000 standards). HMC is in a position to outsource assembly. For non-automotive parts, HMC could consider researching assembly partnerships for semi-finished assembly that can occur in foreign countries with lower delve standards and lower fair wage p ractices. This would reduce a percentage of labor costs, procurement costs, and allow for production space maximization in certain assembly areas.

Medical Costs in the United States Research Paper

Medical Costs in the United States - Research authorship ExampleHealthcare costs are on the rise and there seems to be no government agency for these costs to determine without reform measures. The Problem with Healthcare Spending One problem with healthcare using up is that it is growing faster than the economy and everyone is affected by this change. Whether slew use private insurance, Medicare or Medicaid, they allow be affected in some way as healthcare costs continue to grow. (Myerson, Nelson, Simpson, and Topoleski (2007). This has rank healthcare as a much talked nigh screw and it is both a social issue and an economic one. According to Healthcare Problems.org, in 2007 about 50 million Americans went without health insurance and about 25 million were considered underinsured. Between 2001 and 2005 health insurance bountys increased by 30% but peoples income only rose about three percent. Today, healthcare expenditures have increased to $2 cardinal a year. Over the p ast four years, the number of people who are now underinsured has reached 60% which agent that 25 million people are struggling to pay their healthcare bills (Healthcare Statistics, 2011). The highest rate of underinsured (31%) is in those Americans who make less than $20,000 a year. After doing an informal survey of people I know, many Americans check out that there should be some type of healthcare reform, but most people are not sure how this reform would take place and who would fund it. Employer Based Insurance When people look for a job one of the benefits they look for is health insurance. Many people feel that if the employer offers insurance they will be able to afford to have insurance. Unfortunately, employer supplied healthcare is also suffering because of the rising costs of healthcare. According to a report by Singhal, Stueland, and Ungerman (2011) the Affordable Healthcare Act has created more cost problems for employers and many have restrict this benefit for the ir employees or stopped providing it all together. According to their report, by 2014, employers will have to make drastic changes in the way they do healthcare. One of these drastic changes is that about 30% of employers will probably stop offering insurance to their employees after 2014 because of the expense. Singhal, Stueland and Ungerman (20010 surveyed employers and predict that if employers stop offering insurance, they may increase their revenues by at least 30% this makes this option very attractive to employers who are struggling to exit healthcare. Singhal, Stueland, and Ungerman (2011) also assert that because of the way that reform is stated, employers are able to limit their social obligation to their employees to offer insurance. The way in which the reform act is written, states that all employees must have some type of insurance, but they do not stipulate that employers have to provide it. The Act states that if the employer does not offer insurance, the individua l can apply for income-indexed premium and out-of-pocket cost-sharing subsidies (Singhal, Stueland, and Ungerman, 2011, p.2). The law specifically states that employers with 50 or more employees must offer health insurance to all full time employees or face a fine of $2,000. They also must provide reasonable coverage to all their employees on a similar level. In other words,

Operations Management Topics Essay Example | Topics and Well Written Essays - 2250 words

Operations Management Topics - Essay ExampleEach work on of the company then derives their separate strategy to support the securelys values and vision and the operations that argon essential to support that strategy help develop the operational strategy. Making it easy, the operations strategy helps to specify how a position firm will employ its operational activities to support the business strategy.Customers are the most precious aspect in the supply chain. They are the unmatchable through which we are capable to generate revenues from. They are the one who are needed to be pleased by the harvests and services that companies put forward in order for those companies to prosper in the long run. Therefore, it is one of the core values to satisfy the needs and wants of the customers in order to fulfill the main purpose of the organization. If a customer views your product being one of those on which he or she does not have to spend much money or there is a substitute present in the market, it becomes necessary for the organization to improve on cost-effectiveness and reduce the set of the product in order to lure in the customer to your product. Price/cost strategy is usually utilize in this case however this strategy can only be employed if the firm is able to mass produce or is ready to accept a lower profit margin in order to grasp the market share.In the operations strategy framework, fulfillment of customer needs come near the chart. All the new and existing products are manufactured keeping in mind the needs of the customers. unmatched tremendous example is of Wal-Mart. Wal-Mart has a reputation in the eyes of the customer as being the outgo retailer chain as they are able to supply the products with the lowest prices by accepting a smaller profit margin. Their tremendous volume helps them make up even more than before. Another in truth important factor that plays an important role is the competitiveness of a firm. They are based on the eleme nts of the operations on which they need to excel in order to gain competitiveness in the environment all over a certain aspect. b) CompetitorsCompetitors are a part of the general macro environment for any firm and their decisions and strategies have a major impact on the different strategies that are being followed in the particular firm. Competitors are one of the major threats to a business and by knowing valuable information about how your competitors are functioning in the market, you might be able to compete with them on fair basis. in order to provide your product or service at a much better price, one needs to examine how the competitors are working, focus on their positives and try not to copy their negatives and develop a strategy in such a way that is counteracts their competitors strategy and helps you to achieve competitiveness. When it comes to developing an operational strategy, price or cost effectiveness comes into place. A firm