ALONDRA'S BUSINESS BLOG

 Activity 3   Who is your target market? My target market assuming I offered a product or service would be for all audiences since they would be donuts stuffed with different jams or ice cream.   How does your product or service satisfy the needs of your potential customers? It is not as such a necessity, but it satisfies a craving.   Which company has the biggest market share in your industry? I believe that the company that has the largest stake is the international doughnut chains. It would be a great competition however I think it could enter the market offering quality, but at a lower price, attracting more potential customers.   How long do you usually run an advertising campaign for? I believe that, at the beginning of the project to publicize it, it would be a permanent campaign, but the new products or the stars would be announced to place the brand and the product.   Is there tough competition in your industry? How do y...

  Task 1 Marketing   What is the definition of Marketing? Marketing is a tool or strategy that is used to let everyone know about the product, service, or business. Philip Kotler, an American professor considered the father of modern marketing, states that it is "a social and administrative process by which groups and individuals obtain what they desire through generating, offering and exchanging products of value with their peers."   What is understood as Market in business? I understand the market as people or organizations that buy goods and services, either for their own consumption or for trade or also produce goods and services. I understand the market as the people or organizations that buy goods and services, either for their own consumption or for trade or also produce goods and services.   What is the purpose of Marketing? Its purpose or purpose is to be able to design strategies for businesses or companies based on objectives that they pu...

  Task 1 Quality Management What is Quality Management? It is mentioned as the set of actions and tools that aim to avoid possible errors or deviations in the production process and in the products or services obtained through it, it is monitored that the production process is carried out in a manner appropriate to the obtaining of quality products or services. What is the objective of Quality Management? Its ultimate goal is to meet the quality standards that are set, to ensure an end result that is ideal for customers and at the same time to simplify processes during production.   Which are the key components of Quality management? Describe in detail each one. ·        Administration: ISO 9000 provides a system for achieving organizational progress through strategic goals, understanding user needs, productivity, etc. through corrective and preventive actions. ·        Quality system: the organizati...

  Task 1 Resource Management study guide questions. Do not copy and paste the answers. Read the information and express the   ideas in your own words or paraphrasing instead of copying. Remember to   write complete sentences not isolated words or phrases.   1.      What is Resource Management? This is the process of planning, scheduling, and pre-allocating resources to maximize their effectiveness. A resource is what is needed to perform a task or project, but it can also be an employee skill set or the implementation of software.   2.   Mention what is the importance of Resource Management in business. It is important because part of project management is trying to do more with less, that is, it is not wasting. Resource management focuses on optimization and efficiency. When you know how much is needed for a project to succeed, you can efficiently plan an appropriate way to use resources.   3.What are the Concept...

  Task 1 Human Resources Define Human resources. Human resources are the group of workers, of employees, that owns an organization, a certain sector, as well as an economy. Any natural person who has an association with an organization, sector or economy is considered a human resource. In turn, within the management of companies, the concept refers to the management that the company performs with its workers. From hiring to firing, it's the job of the human resources department.   What is the role of human resources? Define in detail. Speaking of human resources and how the department, its role is to carry out any management that must do directly with a worker or several of the company. For example. Recruitment and selection of personnel, training and professional development, labor relations, etc.   What is Capital? In a broad sense, a set of monetary resources or that can be converted into money of a person. In the context of a company, they are the cont...

  Student’s Name: Alondra Maricela Ramírez Aguilar. Nua: 311517   What are the key differences between management and administration? Explain each of them in detail. -         Definition by Definition Management is the act of managing people and their work for achieving an organization's goal using its resources. Administration is an organized process of administering the management of an organization.   -         Extent Difference Management is exacting the discharge of policies. Administration is exacting the assurance of primary policies and objectives.   -         Working Area Management is a low and mid-ranked function, it works for the low, medium and top levels organizational needs of an enterprise. But the administration is a high-ranked function, it entirely manages the overall management activities and demands of a company wit...