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Business Question

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Instructions:

Submit a minimum 5-page typed paper (not including the cover page or reference page)

Please denote each task in the paper as you answer the questions. Example:

Task 1: Answer

Task 2 : Answer

Task 3: Answer

Task 4: Answer

**Please make sure to submit complete descriptions/answers for each task. One sentence submissions will not be accepted, I am looking for an understanding of each topic (task) not a definition.

  • Task 1: Decide on a business that you want to own. Describe what type of business this is, what product or service it sells/provides.
  • Task 2: Select two (2) products or services. Describe those products/services and explain in detail how you intend to provide VALUE for the customer for those products or services.
  • Task 3: Explain (step by step) how you will let the customer know about this value.
  • Task 4: Better Customer service with less effortevery time is what we try to achieve, Operations is about managing time, people, materials, quality and movement.

    • Explain how you intend to complete the following:

    THINK TIME how much time does something take?

  • what is the exact time this takes place ( 7:45am-8:15am)

    • THINK PEOPLE who are the people involved in this task?

  • who all is involved in the task (list all persons and their roles)

    • THINK COST how much money will be spent on this particular task

  • even if you are doing nothing time is money so wasting time cost

    • THINK TOOLS what equipment or tools of any kind are used in this task?

  • how much did this equipment or tool cost, if used by the hour the rent.

    • THINK ACCOMPLISHMENT/RESULT what did you gain or accomplish?

  • What was your goal, did you receive a profit, how much?
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