Premium Essay

Conclusion

In: Business and Management

Submitted By nenzy
Words 341
Pages 2
4. Conclusion and Recommendations The qualitative findings give findings give reason for optimism about market interest in the new product because there are many specific attributes that the consumers desire in a tool bag. There are common characteristics that tool bag users are looking for, and Veto Pro can use this information to tailor their product to these specific needs. For example, both Matt and Joe emphasize durability. This allows the tool bags to last longer and eliminate the need to buy a new one. Organization also seems to be an important characteristic of the ideal tool bag. The damage of tools seems to be an important issue, so keeping the tools out of harms way while in the bag is crucial. With the information obtained through the interviews, Veto Pro has a great opportunity to offer a product that satisfies a large target market. Veto Pro should look to exploit the weaknesses of their competition. It is important for Veto Pro to keep their prices reasonable. We found in the interview that tool bag users are only willing to stretch their budget so far in terms of purchasing a tool bag. In terms of brand awareness, neither of our interviewees had heard of Veto Pro. This strikes as a big problem. We recommend that you focus on advertising and getting your product known in the market place. Although the product may offer everything that the consumer needs, if they are not aware of it they cannot purchase it. Word of mouth seems to be an effective marketing strategy in this work environment. Workers take recommendations from friends, family and co-workers. Extensive advertising in to create a buzz about your product will help to create better sales in the long term.

“ Ideal tool bags would be larger but look slim on your side while also having a roughness to it because of the conditions of the job, the bag gets thrown around the job, would

Similar Documents

Premium Essay

Conclusions and Recommendations

...Conclusions and Recommendations All of the research that we have done supports the decision to expand into Indiana, PA. The community, economy, and cultural criteria all received favorable recommendations for a total of 60%. Market possibilities and competition received half support for an additional 20%. Together, Indiana, PA has received 80% based on our informational research. Therefore, we believe that Dick’s Sporting Goods Inc. could potentially expand to Indiana, PA. It is a high quality product, and will be easily integrated into this expanding town. In conclusion, we recommend that Dick’s Sporting Goods Inc. should expand their store into Indiana, PA. To promise a successful expansion, we recommend the following: 1. Dick’s Sporting Goods Inc. should establish a main store in Indiana, PA. * Purchase property to have a place to begin selling sporting good equipment * Educate Dick’s Sporting Goods Inc. employees about the community of Indiana, PA and offer jobs to the locals. * Explore hiring local towns people and college students; the available workforce is vast * Market and sell the product in Indiana, PA and to surrounding counties. 2. After a year Dick’s Sporting Goods Inc. should determine profitability and progress of the expansion. * Provide a customer satisfaction survey to allow the company to know the areas in which they can improve on. * Compare first year sales with neighboring Dick’s Sporting Goods chains to determine which...

Words: 301 - Pages: 2

Premium Essay

Conclusion

...CONCLUSION The Samsung Galaxy S II is a worthy heir of the best-selling smartphone with the Android OS, and it will surely have similar market success due to its impressive features, excellent display, modern and elegant performance, advanced and up-to-date user interface with an abundance of functions. There's no question this is going to be Samsung's best smartphone, and it will surely satisfy the needs of even the most demanding of users. All the top U.S. wireless carriers offer a version of the original Galaxy S, and it seems likely they will be picking up its newest version later this year. Pros: • Very good display • Elegant design • TouchWiz 4.0 user interface • High-quality full HD video recordings • Great performance Cons: • No dedicated key for turning the camera on • Poor photo quality in low lighting • Marketing Genius of Samsung • Samsung has unarguably made the greatest marketing ploy with the Samsung Galaxy S3 imitating in several aspects the marketing strategies of Apple and their products. The company as such has been highly secretive about the Samsung Galaxy S3, often denying the rumors that come out or actively concealing any information that usually is given. The genius of it all remains not in the secrecy, but rather in the “leaks” that actually occur. Photographs taken with the 12MP camera that’s supposed to grace the camera, blurred images of the body of the phone, even invoices of pre orders from various channel partners bearing the name....

Words: 373 - Pages: 2

Premium Essay

Conclusion

...Conclusion MAS, has been suffering from an economic downfall, with the value of the RM fluctuating against the dollar and bad business decisions still costing the organization money. The management team at MAS is large and MAS has been rapidly expanding into new business ventures within the travel business, so at least they are sticking to what they know. To still be operating in the next5 years, MAS is going to need to change what is currently happening and play catch up with their rivals. Fortunately air travel in Asia is expected to increase when the downturn is over, but that still leaves the European and American markets. By creating strategic alliances with other firms such as KLM, MAS has a chance of getting an increase in travel to European and America. While all these changes take place it is important that MAS respects the culture and structure that have been built up over the history of MAS and to try and not change these aspects of the company too fast. Once re-structured the poorly performing operations can be sold off and MAS can concentrate on the operational activities that prove profitable. It is then up to MAS to market these properly and let their customers know what is available to them and at what price. The major changes include restructuring the organization and implementing a low cost no frill airline that will allow MAS to service local customers wishing to fly within Asia. Brand name is all important so through all the changes it is important that any...

Words: 328 - Pages: 2

Free Essay

Conclusion

...Team Assignment Conclusion Joseph A Campbell BCOM/275 12/20/2014 MARK BARNHART When looking Back When looking back on this past course and wondering what this course may have in relations to my career plan. This course has a lot to do with my future not only does this relate directly to what I'm looking to do with the rest of my life but this also has helped me understand entirely how and what ways I should speak to people. For example this came in big help just today when at work I had a situation with an employee who was taking medication that was prescribed to him now when taking this medication it altered his being he was a different person in the way he reacted was different in which I did not care for. Now when looking back on this course and thinking about things that were presented to us throughout all the readings that we have done I realize that I needed to sit back and think about what I was going to say before I set it so that everything that had come out of my mouth was entirely professional and legal before I had said anything. Through the Readings This is not only the way that this course has helped me this is also help me it drastically with my public speaking when speaking two groups of people larger than one or two this is help me understand exactly how I should present it and what type of materials I should be presenting to these people as well. I have found that everything that we have read has correlated with everything that I have intended on in my future...

Words: 375 - Pages: 2

Premium Essay

Conclusion

...Conclusion In the starting of the experiment, we construct a body of the water rocket, which is made out of unwanted bottles. Other than that, we used wood plank, PVC tube, wire holder and bicycle tire to build the water rocket launcher After conduct this experiment, we found that heat will affect the temperature change. The time taken for the water rocket launched into the air and drop to the ground is longer. Hence, the hypothesis is accepted. As what we did in the experiment, we prepared 8 different temperature of water and insert into the body of the water rocket. After we conduct the experiment, we realized that there are some mistakes which made our results less reliable. The temperature recorded for all specimens were too close because they were measured by a lab thermometer. In future, when we repeat this experiment, we will use a digital thermometer which has a high sensitivity to get a more accurate reading. Besides that, we found that there is some error occurs when we pour water into the bottle (body of water rocket). There is heat loss during the pouring process. The temperature of water may drop since there is evaporation occurs. But fortunately, we quickly measured the water temperature as long as we pour the water into the bottle to ensure that the error occurs won’t be different with our expectation. Finally, it is difficult...

Words: 313 - Pages: 2

Free Essay

Conclusion

...Konklusyon Ang Resulta nang ginawa naming pagsisiyasat sa mga kristiyano estudyanteng . Tanong : Sang ayon ka ba na ipatupad ang Bangsamoro Moro Basic Law ? Tanong : Ang Bangsamoro Basic Law ay makatulong ba sa Mindanao ? at sa buong bansa ? Pito ang sumangayon dahilan para saka nila makakatulong ito sa Mindanao at sa buong bansa . at Pito rin ang Hindi sumang ayon dahilan na hindi ito makakatulong sa Mindanao at sa buong bansa . Tanong : Nakakasama ba sa Luzon at Visayas ang pagpapatupad ng Bangsamoro Basic Law sa Mindanao ? Isa lang ang sumang ayon dahilan para saka niya na hindi ito makakasama sa Luzon at Visayas kasi sa kanya na dapat lang ito isagawa sa Mindanao .at labing dalawa naman ang Hindi sumang ayon dahilan na ito makakasama sa ating bansa o sa Luzon at Visayas na ipapatupad ang BBL . Tanong : May mabuti bang maidudulot ang pagpapatupad ng BBL ? walo ang sumang ayon dahilang may mabuting maidudulot sa pagpapatupad ng BBL at may makakabuti rin ito sa Mindanao . Sa Hindi naman ay lima kasi para saka nila wala ito maidududlot na pagpapatupad sa bangsamoro basic law . kaya dahilan na hiyundi ito makakdulot. Tanong : Kailangan mapasa na kaagad ang Bangsamoro BAsic Law sa Kongreso at Pangulo ? Lima naman ang sumang ayon na dapat na maipasa ito sa Kongreso at pangulo dahilan para mapagusapan ang bangsamoro basic law na dapat bang ipapatupad ang bangsamoro basic law sa mindanao . at Siyam naman ang hindi na ipasa ang bangsamoro...

Words: 452 - Pages: 2

Free Essay

Conclusion

...existence, operations and public image. They can create goodwill for any business in the market boosting its revenue promising a bright future. While on the other hand breaching or ignoring the same business ethics can do more harm and may lead to a market failure and company closure. Ethics play an important role not only while initiating a business but also when it faces issues like that of defective products. The following report will highlight the role of ethical behavior in management of defective product by taking a real example of Breast Implant manufacturing company which had to dissolve following the product failure in the market. This report will discuss the chain of issues that led to the defects and will draw a contrast and a conclusion based upon how PIP behaved ethically in order to deal with such burning issues. Background of the Company Poly Implant Prothèse (PIP) A French company started in 1991 that produced breast implants. 2000: Implant sales in USA halted by an FDA launched moratorium on silicone implants. 2001: PIP began to use unapproved in-house manufactured industrial-grade instead of medical grade silicon in the majority of its implants. 2003: the first signs of legal problems and financial losses can be traced by regulatory filings. 2009: Concerns surfaced in France first in 2009 when surgeons started reporting an abnormally high rupture rates. Resulting in a flood of legal complaints and hence bankruptcy. 2011: French officials say that an action...

Words: 1373 - Pages: 6

Free Essay

Controlling Management

...Writing conclusions The conclusion is the final paragraph in an essay. It has three purposes. 1. It signals the end of the essay. To do so, begin your conclusion with a clear signal, such as To sum up, In conclusion, To conclude. 2. It reminds your reader of your main points, which you can do in one of two ways: You can . • summarize your main ideas. • rewrite your thesis statement in other words. 3. It leaves your reader with your final thoughts on the topic. This is your opportunity to give a strong, effective message that your reader will remember. How to write a strong conclusion Thesis: The cost of higher education is increasing and financial support for students is decreasing. 1. Make a prediction In summary, the costs of attending college have been rising while, at the same time, sources of financial aid for students have been disappearing. If this trend continues, fewer and fewer families will be able to send their children through four years of college. This will seriously affect the future of many young people’s lives. 2. Suggest results or consequences To sum up, the costs of attending college are up and financial aid for students is down. Fewer and fewer future members of the workforce are able to educate themselves beyond high school. As a result, the nation will waste the intelligence, imagination, and energy of a large segment of the present college-age generation. 3. Suggest a solution, make a recommendation, or call for action ...

Words: 590 - Pages: 3

Free Essay

Individual Project 1

...heard my Grandfather’s voice calling my name. When I rolled over, he was standing there in my room. He said, “Kevie, you be good and take care of your mother.” And then he was gone. After many more experiences of this kind, I have come to the conclusion a person’s soul does go on after death. How this is possible, however, I have not yet come to a reasonable conclusion other than our bodies are merely a vessel we use for time. Epistemology My daughter once asked me, “Dad, how do you know so much?” This question, for some reason, made me stop and think for a moment. How did I know or have the knowledge of the things I spoke of or acted upon? The conclusion I came to was I had the knowledge through several ways. Some knowledge was gained by life experience, while another bit of knowledge was gained by a teaching of some sort. My Grandfather teaching me about engines and how to work on them is an example. Ethics Over my nine years in law enforcement, I have been asked or “hinted” to do, say or act in a way I felt was wrong. I often would ask myself “What is the right thing to do?” I would be asked to plant evidence. To lie in court or on a report to make the person seem guiltier than the evidence already showed. I always came to the conclusion of what the right thing was to do. I would not lie in court....

Words: 734 - Pages: 3

Premium Essay

Applying Critical Thinking

...Applying Critical Thinking: Analyzing Memo from FSEU Director of Human Resources to President, FSEU Local No. 343 Abstract The Illinois State intends to privatize the Department of Transportation (DoT) information systems management function. This function is currently being performed by 75 State employees, 43 of whom are members of Federated State Employee Union (FSEU) Local 343. On May 12, 2010 the Governor of Illinois notified the President of FSEU Local 343 about the State’s intent. The President of FSEU has asked the union members if the union should oppose the outsourcing proposal. On June 5, 2010 the FSEU Director of Human Resources responded to the President of FSEU Local 343 with the union member’s discussion and recommended opposing the outsourcing proposal. The paper uses the methodology from the book “Asking the Right Questions – A Guide to Critical Thinking” by M. Neil Bowne and Stuart M. Keeley, to analyze the memo from FSEU Director of Human Resources to the President, FSEU Local No. 343. Introduction The Illinois State intends to privatize the Department of Transportation (DoT) information systems management function. The Governor of Illinois notified Mr. Cesar Padilla, the President of Federated State Employee Union (FSEU) Local 343 about the State’s intent on May 12, 2010. The President of FSEU has asked the union members if the union should oppose the outsourcing proposal. In response to the request from the President of FSEU Local No. 343, Ms...

Words: 3933 - Pages: 16

Premium Essay

Case Rubric

...phrases efficiently chosen with no redundant, vague, or awkward statements? 8. Are the words and phrases chosen accurate and complete? (includes subject and verb agreement) 9. Is the active voice used when appropriate? 10. Are pronouns used correctly (e.g. “it” rather than “they” referring to a corporation)? 11. Are possessives used correctly (e.g. “Its financial statements showed…” rather than “It’s financial statements showed…”)? 12. Is proper punctuation used? Organization and Flow (40%) Not shown | Designated area for development | Unsatisfactory in business communications | Below accountancy standards | Satisfactory | Proficient | Exemplary | 2 | 3 | 4 | 5 | 6 | 7 | 8 | Aspects: 1. Are the main issues and conclusions clearly identified in the introductory paragraph before the analysis is presented? 2. Are all requisite issues...

Words: 424 - Pages: 2

Free Essay

Economics Essay Guidelines

...Economics essay: short guidelines BBA 2012-2013, D. Besson Topics: The topic of the Economics essay is to be chosen by taking in consideration your centres of interest and also your professional or next year(s) studying project. A priori, there are no restrictions in the kind of the subject. Any subject is acceptable, if not too broad (that would be impossible to treat in the limited scope of an essay) neither too specific (for the bibliographical references could be too difficult to find). Of course, it must be a topic in Economics, either micro (study of one or several firms in an industry in (set of) countries, for example) or macro (the Economic development of a market, of an industry, or an economic area). Some social phenomenons can be analyzed from an economic point of view (life styles and consumption; demography and labor market; for examples). Your subject can be linked with your dissertation topic (or, at today, the domain you consider you could cover in your dissertation), but of course it’s not an obligation. I remind you that you must submit me your topic for my agreement. Indicative length: It’s not easy to give a precise indication, as it depends of the subject. Some subjects need more long descriptions, and some other ones, more synthetic and/or more theoretical, require less length. As an indication, I can say that under 10 pages (around 3500 words) it’s impossible to make a good essay. More than 25 pages (9000 words) would certainly be too long for the quantity...

Words: 1237 - Pages: 5

Free Essay

Susan Glaspell's Trifles

...ENGL 2304 Dr. Soto 8 October 2007 Feminism in Trifles In Susan Glaspell’s Trifles, a short play about rural life in the early twentieth century, a strong standpoint on feminism is presented to the audience. Throughout the play, much of the plot revolves around contrasting the men in power’s perception of a crime scene with the more subjective, emotional women’s point of view. In the conclusion of the poem, the women, Mrs. Peters and Mrs. Hale, decline turning in some potential evidence that they have discovered. Their line of reasoning is that they understand the circumstances of the crime: a cruel, oppressive man was killed by his wife because of his wrongdoings. They understand that most likely the man probably deserved his fate, so they do not submit any evidence for the crime to the country attorney and the sheriff. Ethics aside, this action creates a chasm between the perceived implications of the plot of the play versus the actual effect of the play on the audience. In the first sense of the play, there is the literal conclusion. The women outright refuse to give the evidence to the sheriff and the county attorney; instead, they do not even mention that they have “solved” the crime. They end up dismissing it completely. However, attempting to determine the meaning of these actions can be difficult. Looking at the play strictly in a literal sense, the women have apparently done nothing for the cause of feminism. Yes, it is true that the women have silently resisted...

Words: 1361 - Pages: 6

Premium Essay

Whitle Bread

...[This should list any action item deliverables, due dates for each deliverable and who is responsible for each deliverable (resources). This should also assess potential shortfalls, risk factors, and consequences for the plan. Be sure to end with a transition word or sentence to lead into the next section of your paper. Triple click anywhere in this paragraph to begin typing. You may want to use the table provided (Table 1). Project Closure Approach [This should analyze the implementation planning process at Whitbread World Sailboat Race. Be sure to end with a transition word or sentence to lead into the Conclusion of your paper. Triple click anywhere in this paragraph to begin typing.] Conclusion [This is the conclusion of your paper. It should be one or two paragraphs summarizing the topics in your paper. It should also contain your conclusions or findings. Triple click anywhere in this...

Words: 538 - Pages: 3

Free Essay

Kid of the Bay

...position on an issue. The text has an effective structure and organization that is aligned with the claim. | The text introduces a claim that is arguable and takes a position. The text has a structure and organization that is aligned with the claim. | The text contains an unclear or emerging claim that suggests a vague position. The text attempts a structure and organization to support the position. | Development: The text provides sufficient data and evidence to back up the claim as well as a conclusion that supports the argument. | The text provides convincing and relevant data and evidence to back up the claim and effectively addresses counterclaims. The conclusion strengthens the claim and evidence. | The text provides sufficient and relevant data and evidence to back up the claim and addresses counterclaims fairly. The conclusion effectively reinforces the claim and evidence. | The text provides sufficient data and evidence to back up the claim and addresses counterclaims. The conclusion ties to the claim and evidence. | The text contains limited data and evidence related to the claim and counterclaims or lacks counterclaims. The text may fail to conclude the argument or position. | Audience: The text anticipates the audience’s knowledge level and concerns about the claim. The text addresses the specific audience’s needs. | The text consistently addresses the audience’s knowledge level and...

Words: 668 - Pages: 3