Friday, January 24, 2020

Avon Case :: essays research papers

Recommendations for Avon Case Two recommendations for promoting direct-sales through consumer and the business; One is to offer incentives to its customers and second is to motivate the business to promoting its products by advertisements, establishing sales competition for employees, participating in conventions, and by endorsing franchise of its products to retail stores. Promoting Avon’s products and high chance of increasing direct-sales is to offer incentives to its consumers. Incentives provide a positive motivational influence to encourage and excite buyers to buy the products. Such incentives, appropriate for this situation, are coupons, rebates, product samples and awards. Coupons can be attached in mail, beauty magazines, newspapers, and advertisements on mail or on the internet company’s official website. Rebates can be offered also to attract more buyers to buy the products. Rebates can be advertised also on coupons through mail or the internet. Another successful way of attracting consumers is by offering samples of Avon’s cosmetic products, which can be done door-to-door or attached on an advertisement through mail. Finally, awards through prizes, contests or sweepstakes can offer consumers the chance to win something small or big like cash or a free-trip to the Bahamas. Also, prizes can be offering a free gift wheneve r a consumers purchase one of Avon’s products. This last incentive option attracts more attention from consumers than the three other options. Motivate the Avon business to reach its goals of promoting its products and gaining sales through advertisements, sales competition, participating in conventions and endorsing franchise. Advertising is the key to attracting consumers and the outcome is high sales. Such advertisement is done through media (television), mail, or the internet. The more awareness from the public of the company the more likely to attract more buyers and the outcome is high sales.

Thursday, January 16, 2020

Benefits of a Healthy Workforce Essay

Organisational health programmes are essential to the survival of companies. Undoubtedly, a healthy workforce would work wonders for any business by reducing absenteeism and turnover, and increasing employee motivation, productivity and revenues. Lowe (2004) writes that hundreds of studies have already documented the direct as well as indirect advantages of â€Å"healthy work environments† to employees in addition to their organisations (p. 7). Indeed, healthy workplaces as well as jobs contribute to the well-being of employees. These benefits may be realized by the whole organisation through lower absenteeism, lower turnover, higher job satisfaction, improved performance on the job, lower rates of accident, in addition to â€Å"reduced health benefit and worker compensation costs (Lowe, p. 7). † Moreover, research has revealed that the largest gains in productivity may be realized by the organisation that changes the entire work environment to make it healthier for all employees (Lowe). Research has also revealed that the impact of poor health is keenly felt in the work environment, so therefore managers require an improved understanding of the dangers of allowing minor symptoms to escalate. Four in ten managers who participated in a recently conducted survey related to workplace health complained that they often become angry with others and feel humorless due to pressure. More than fifty percent of the managers complained of physical pain, at the same time as forty four percent reported experiencing frequent headaches. Moreover, fifty five percent complained of constant tiredness, fifty seven percent complained of insomnia, while twenty percent simply stated that they found it difficult to make decisions because of ill health (Poor Health 2006). Unsurprisingly, these results demand organisations to put effective health programmes in place for all employees. Sick employees are not likely to be highly productive in any case. In the United States, businesses are known to spend at least U. S. $450 billion every year on direct health care. Poor health costs around U. S. $225. 8 billion to American businesses each year through absenteeism as well as productivity losses that are related to the health problems of employees and their families. Hence, insurers as well as employers have started to create a large number of health promotion and prevention programmes that have already started to pay handsome dividends. According to a study, American employers may â€Å"reap the average of [U. S. ] $3. 48 in reduced health care costs and [U. S. ] $5. 82 in lower absenteeism costs for every dollar invested in employee wellness (Toomey 2006, p. 13). † Of course, these benefits can be realized anywhere in the world. In the United Kingdom, three quarters of a million workers are known to take time off work each year due to work-related illnesses (Firman 2006). These illnesses are further known to cost businesses as much as ten percent of their total payroll costs. Indeed, by promoting health in the workplace and preventing illnesses through effective health programmes in the organisation, absenteeism and costs related to the same may be drastically lowered. The money that is saved thus may be used by the organisation to update its equipment; on marketing; as well for the provision of training to employees. Organisations may also be able to increase the number of employees with the cost savings realized through effective health programmes (Jim 2006). Indeed, the benefits of health management programmes in the organisation are aplenty. Healthy employees add value to the organisation. The care shown by employers can boost the morale of the workers. The entire organisation benefits from this, as it becomes more efficient with a healthy and therefore productive workforce. REFERENCES Firman, C. 16. 11. 2006 â€Å"Health Matters. † Motor Transport available at EBSCO Host database. Jim, N. 9. 6. 2006 â€Å"Health and Safety Assessments Cut Costs and Boost Productivity. † Electronics Weekly 2256 available at EBSCO Host database. Lowe, G. S. 2004 â€Å"Healthy Workplace Strategies: Creating Change and Achieving Results. † The Graham Lowe Group available at http://www. grahamlowe. ca/documents/93/Hlthy%20wkpl%20strategies%20report. pdf. Poor Health 2006: â€Å"Poor Health Leads to a Humorless, Angrier Workforce† article in Occupational Health (Jun 2006), 58(6) available at EBSCO Host database. Toomey, D. 18. 12. 2006 â€Å"Wellness and Prevention Programs Generate Healthy Outcomes. † Executive Health & Wellness Guide available at EBSCO Host database.

Wednesday, January 8, 2020

Business Simulation - 899 Words

What have you learned Business simulation is simulation used for business training or analysis. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, financial analysis, market analysis, operations, teamwork and leadership. The business gaming community seems lately to have adopted the term business simulation game instead of just gaming or just simulation. The word simulation is sometimes considered too mechanistic for educational purposes. Simulation also refers to activities where an optimum for some problem is searched for, while this is not usually the aim of an educational game. On the other hand, the word game can imply time wasting, not taking things†¦show more content†¦Indeed, the fact of group work teaches us how our manager. Being in group means listening to each other, be agreements on our choices, everyone agrees ... that we serve in our future work and even in everyday life. We made different quarter always together so that everyone knows exactly where we were. We realized our mistakes because we were too focused on our numbers and our desire to improve that we have forgotten our competitors. In addition, we realized that none of us was very comfortable on the numbers. We therefo re measure the importance of having a financial management team, as it is almost essential. With this simulation, we learned that each area has its importance. Marketing with advertising, where to invest, newspapers, television ... the finance part, choose the number of sellers, which segment choose to discount or not to invest ... We noted early in a notebook what we were doing and the results. A logbook is essential if we want to understand our actions and what they entail. Every week we made a record. Through the summary of the previous quarter we could find what we did right and the mistakes that we had not thought of or even omissions. This simulation was conducted throughout the semester which was handy for putting into practice the theories of our courses: marketing strategy, supply chain... This allowed us to better understand our materials and at the same time to experiment. Sometimes things like advertising forShow MoreRelatedA Study On Advancing Entrepreneurial Skills And Abilities Through The Use Of Simulation Games On Secondary Shool Business Education1206 Words   |  5 Pages KEABETSWE PHUTHEGO 200903371 ELB 504 GUIDED STUDY IN BUSINESS EDUCATION TOPIC: ADVANCING ENTREPRENEURIAL SKILLS AND ABILITIES THROUGH THE USE OF SIMULATION GAMES IN SECONDARY SHOOL BUSINESS EDUCATION DUE DATE: 8 APRIL 2016 INTRODUCTION What can we as teachers do to influence our learners to become entrepreneurs? The government of Botswana has been over the years working tirelessly in trying to curb unemployment more especially among the youth, as well as motivating them to venture intoRead MoreBusiness Simulation And Data And Information Retrieval932 Words   |  4 Pageshelped give me an idea of how data is important and vital to businesses. During my course I have completed modules such as operational research, business simulation and data and information retrieval. These modules have given a great understanding of the importance of data within business and has inspired me to pursue a postgraduate degree in Business Intelligence. One programming language that I have studied is SQL. It was interesting to learn about SQL and how it works. I learnt how to retrieveRead MoreEssay about Business Regulation Simulation1142 Words   |  5 PagesIntroduction There is a complex legal issue that has the attention of senior management at the Alumina Company. How that issue is handled will affect the way the company does business and its standing in the community. The purpose of the next few paragraphs will be to describe the company and its stakeholders, determine the values of the company, set the current situation, analyze the risk factors in possible solutions and present a best solution for Alumina to follow. The company/stakeholders/values Read MoreBusiness Simulation892 Words   |  4 PagesWhat have you learned Business simulation  is  simulation  used for  business  training or analysis. Most business simulations are used for business acumen training and development. Learning objectives include: strategic thinking, financial analysis, market analysis, operations, teamwork and leadership. The business gaming community seems lately to have adopted the term  business simulation game  instead of just  gaming  or just  simulation. The word  simulation  is sometimes considered too mechanistic forRead MoreThe Management Involved With Everest Simulation Created By Harvard Business School1206 Words   |  5 Pagesreaching its summit. This analytic essay is an analysis of the management involved with the Everest Simulation created by Harvard Business School. During this 3hour simulation I was the team doctor and achieved all ten of the possible ten points available, therefore 100% of goals were achieved. This score is related to the goals I accomplish as an individual and as a team. I enjoyed the simulation and expanded upon my knowledge as it taught a profound understanding of team dynamics, the capabilityRead MoreSEC 575 Week 6 Assignment Business Ethics Simulation Essay725 Words   |  3 Pagesï » ¿ WEEK 6 Business Ethics Simulation 1. What should CEO Werner say to the Division Chiefs? Is the decision ethical? Why or why not? I think from looking at and seeing the three choices, I would tell the Division Chiefs that: With what is going on a lot of companies are doing business with China right now. How do you be different and get around the problem? I dont think that this decision that was given is ethical because it is the senior officers of the company that are making the ethicalRead MoreBusiness Simulation Game2071 Words   |  9 PagesCompetition and Strategy Business Game 15th April 2014 The aim of the Competition and Strategy course is to provide students with deep knowledge on strategic decision-making in a business environment and the strategic principles behind it. Within this course my team members Kristijan, Yaniv, George and me (Team KUGY) had the opportunity to apply our academic and theoretical understanding and knowledge in an online business simulation game, wherein we created our own car business and competed on theRead MoreBusiness Simulation Scenario3777 Words   |  15 Pages Executive Summary Because Tim is without a business degree, he is not well-equipped to operate a business properly. Research online and in other places has provided him with a good deal of knowledge, but it has not given him enough of an advantage to compete with his degreed counterparts. Since that is the case, Tim needs two things: a business degree (or at least all of the information he would learn in acquiring said degree), and someone who already knows the needed information to partner withRead MoreEvaluation Of The Business Game Simulation1598 Words   |  7 Pagesoutline the evaluation of the business game simulation SimVenture, which aims to offer a simulated experience of how organisations work enabling skills and knowledge It also reflects the use of relevant entrepreneurial theories into practice while making decisions in the business and clearly stating the financial achievements at the end of it.. The report evaluates team performance and decision-making within the perspectiv e of results achieved in the simulation at the end of three virtualRead MoreReflection On Business Simulation Course Essay1084 Words   |  5 PagesReflection on Business Simulation Course During the business simulation course, we organised a team to become an automotive start-up company and introduced four new products, vehicle models, to satisfy the investors who invested us  £500M. Each 4 rounds, we had entered board room to report our initial result and upcoming plans. The main purpose of this reflection is bring back some of misbehaviour or wrong decision through the course, therefore, I could understand how each factors impact on the