Premium Essay

Business Paper

In: Business and Management

Submitted By navnit21
Words 999
Pages 4
Learning Team Deliverable
April NGO, Eric Saldevar, Melissa Drayton, Navneeth Nagrajan, Shawn Smith
ECO/561
September 2, 2013
Professor Mark Erenburg

Learning Team Deliverable
In this assignment, learning team C will highlight about the market structure the University Of Phoenix competes in, how the structure influences the pricing strategy, and how the University differentiates its products from its competitors. The other areas learning team C will emphasize is about the erected non-price barriers to gain entry into different markets. Competition to the University Of Phoenix
There are four market structures commonly used to group and describe industries. The market structures include pure competition, pure monopoly, monopolistic competition, and oligopoly (McConnell, Brue, & Flynn, 2009). University of Phoenix (UOPX) is a school that offers various degrees in various fields. UOPX is not the only school on the market and eliminates the possibility of UOPX participating in a pure monopoly. An oligopoly market structure does not apply as well because a large number of programs are available from different schools. Pure competition market structure does not apply as well because UOPX has some control over their product price. Monopolistic competition is the most applicable market structure for UOPX. There are many schools that offer the same type of degrees and programs.
University of Phoenix is one of the leading schools in its industry and as modern technology continues to change so does the university. One of the biggest barriers facing University of Phoenix and other schools is pricing.
Differentiation of Products from Competitors
The many schools must differentiate their products from other competitors. The type of product UOPX provides may not fit the monopolistic competition model but consumers are left to determine the value of the

Similar Documents

Free Essay

Business Term Research Paper

...Hi Business Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in business! Hi this is a business paper. This is a really good business paper. It is all about business and the business of bieng in...

Words: 753 - Pages: 4

Free Essay

E-Business : War Between Paper and Screen

...ISM EXTERNAL PROGRAMS ISEG BUSINESS SCHOOL - 5th year ISM - 431 E-BUSINESS FINAL ASSIGNMENT Student : FLORENTIN THEVENET Professor : S Subject : The Impact of the Online Publication on the Print Media Words : 3 733 strategic shift with the influx of new means of dematerialization of information. A study conducted in 2010 by Bain & Company1 reports that in 2015, 15 to 20% of the population should be equipped with a digital book, an electronic reader (called an Ereader) or multifunction tablet (not including Smartphones). These last may even represent the majority of the market, reaching a wider audience, if prices, still exceeding € 300, were to fall. Also according to this study, the digital book and digital media in general should know a better situation and favorable growth in the coming years, most users remaining faithful to the paper (including books), seeing the new devices with only additional functions. In addition, unlike the music industry or the audiovisual industry, there are very few parallel market, where users can illegally download works. If this phenomenon were to grow, then it may be as difficult for the publishing industry as the entertainment industry. Currently, there are three main schools of thought on the so-called traditional print media and its evolution towards digital media. Some see through this trend the death of newspapers and even the journalists (the professional ones). We cannot give them completely wrong, when you look...

Words: 3935 - Pages: 16

Premium Essay

Business Paper

...The business that I am seeking financing for and a potential investor is a Woman’s Boutique/Glam Bar. My business is a boutique offering a personal shopper and a glam bar experience. Meaning, customers will be able to come in and shop for an outfit to go out for the evening. Or maybe an outfit just to run around town in. Clients will have the ability to pick out an outfit, get dressed at the boutique. There will be a glam team in place to do hair and make up for the special event. Clients will also be able to purchase shoes and accessories to go along with their outfit if needed. It would be a one stop shop for all of your shopping and glam needs. The business will need to count on resources from wholesale retailers. We will need suppliers that offer discounted rates on clothing and woman’s accessories. We will be putting a glam team in place that will handle the clients shopping needs. The Glam team will consist of a stylist, makeup artist and a licensed cosmetologist. As a business owner the profit for the business is referring to the net earnings. Which equals the revenue minus expenditures? It will reflect the actual earnings of the business. Which includes any non-operating income or loss? Profitability the business will reflect the final result of the business operation. It refers to the operating net profit. It helps figure out future earning capability for the business. I think the business maybe affected by supply and demand would be depending on the economy...

Words: 417 - Pages: 2

Premium Essay

Business Papers

...the problems that this will create for the selected organisation. Introduction: if prices don't seem to be controlled by a corporation then their prices are going to be adversely affected so, budgeting is one methodology to manage prices because it provides a business associate estimate or a target on what their revenue or price ought to be. A business needs to budget and management the disbursal so as to grasp what has been received or spent, otherwise uncontrolled disbursal might occur and detoriation might happen. One among the issues that occur if prices don't seem to be controlled to budget is, high fixed costs per item that that reduces the business profits and talent to vie. Why businesses control costs and use budgets: The main reason prices ought to be controlled to budget is to form profit instead of loss, to survive and to be competitive, to own a transparent read of what quantity products you'll be able to sell so as to stop outlay extra money than the business has. Once cash flow variance is adverse the results are poor income, business are wanting money and can have to be compelled to borrow cash from the bank, once this type of drawback occurs thanks to a poorly monitored budget, the business won't be able to cowl its prices that ends up in bankruptcy. If costs are not controlled to a budget the following happens: The problems which might arise if the prices area unit left monitored area unit that the quantity pay on expenses are an excessive amount...

Words: 478 - Pages: 2

Free Essay

Business Paper

...with 15 full time employees, paying an average wage of 30,000 a year. Everyone is running around worrying if Obama Care will hurt his or her business. I feel as if Obama Care will not affect me. Employers with 50 or more workers will have to offer full time workers with health care. Smaller employers are not required to offer healthcare but are encouraged to do so through government insurance marketplaces. These insurance marketplaces will be good for small businesses because these firms offer different type of insurances for different for your employees. This helps your company because you can be offered temporary tax breaks. Also these websites will make your company look good because even though you are not offering health care you can at least provide a website for your employees to use. As a small business I can receive a tax credit if you have 24 or less full time employees whose average cost of compensation is less than 50,000. So essentially Obama Care will help you save money if you are a small business. Small businesses should look into Obama Care more deeply. Obama Care may cause small businesses to cut back hours. Reason being is because employers will want to make sure they are staying under the limit of so called full time employees. Some full time employees may have to be turned into regular employees. Even if the business does not make any cut backs they will have to make sure employees are not working as full timers. This will make sure employers are still able...

Words: 488 - Pages: 2

Premium Essay

Business Management Paper

...Customers are the most important element to having a successful business. The object in business is to sell a product or provide a service to individuals or other businesses to create revenue. If customers don’t purchase the product or service the company is deemed not successful. The object in business is to be successful and to make sure that customers will continue to make purchases. It is extremely important for businesses to set goals that are measureable by accepting external feedback (Spitzer, 2007). The external feedback can be used to help the company determine what needs to be improved as well as what is being done correctly. The customer is the number one focal point for a business and the goal is to create a long term relationship, build loyalty, and allow for the company brand to become a household word (Soudagar, 2012). In order for a company to know if they are meeting or exceeding customer expectations they must first measure the customer experience. Identification of Best Practice Measuring the customer experience is specific to each company, but most companies measure themselves using standard measurement scores, but they may use different questions to obtain that information from their customers (Spitzer, 2007). Some of the standard terms which are used are, Customer Effort Score (CES), Net Promoter Score (NPS), and First Call Resolution (FCR). The Customer Effort Score helps a business to know how much effort a customer is exerting to have a problem...

Words: 1465 - Pages: 6

Premium Essay

Eno, Business Paper

...1 Research Paper: ENO Research Paper: ENO- The Last Days of ENO Small Business Management and Entrepreneurship SBE 310 Devry University Trena Render 2 Research Paper: ENO Table of Contents Introduction……………………………………………………………………………………...3 ENO (restaurant)………………………………………………………………………………...3 Business Mission/Vision…………………………………………………………………………3 ENO Competition………………………………………………………………………………..4 The Beginning and End of ENO/ENO by Zaza……………………………………………..4-5 Business Failure for ENO/ENO by Zaza…………………………………………………….6-7 Trying to Revive ENO by Zaza ………………………………………………………………7-8 Conclusion………………………………………………………………………………………..9 References……………………………………………………………………………………….10 3 Research Paper: ENO ENO: The Last Days of ENO ENO Restaurant & Wine Bar was on the Atlanta, Georgia circuit for 10 plus years. It was a hit until the new owner step on the scene and the original owner had to give up on his passion since a teenage boy. ENO struggles to stay alive and revive itself with a new name, menu and swagger for the Elite socialite. In the mind of an entrepreneur failure is never an option. No entrepreneur wants to hear the word or talk about it. ENO got a second chance to shine in the spot light keeping its original name to include the new owner first name ENO by Zaza. Many would be impression that the new owner is a celebrity basketball player but was his star status good enough to score points to keep a business from failure. ENO was a European-Mediterranean...

Words: 2242 - Pages: 9

Premium Essay

Business Final Paper

...Business Final Paper In this paper I will be telling you about my fictional business I have created at the beginning of this class. A few of the things I am going to go over is business organization, potential legal ethic issues, business culture and types of motivation. These are just of few of the things that I will be going over. My business is a small business with a lot of potential for growth. It is a non-incorporated company in which it is entirely owned by me, the company organization is sole-proprietorship. The reason I chose this business organization is mainly because I have always wanted to be my own boss, I don’t want to have to answer to anyone. Every business has to deal with potential legal issues. My legal and ethical stature will be guarded because we will keep our liabilities to a minimum. Our mission is to have a great reputation because the company is expected to grow. All employees will sign a code of conduct and will be trained on rules, regulations, and procedure. My company will abide by the equal opportunity act, my company is also insured incase injuries, theft, vandalism, etc. occurs. My company’s culture is about success and teamwork, which will be displayed how the company is operated. Every business has the possibility of a potential ethical issue. This is something that cannot be avoided 100 percent but you can’t try to minimize these issues. Motivation is one of the most important parts of keeping a company going. My company’s motivation is...

Words: 354 - Pages: 2

Premium Essay

E-Business Paper

...E-Business Paper Julie Prater ACC/340 March 07, 2016 Joyce Williams E-Business Paper Electronic business (e-business) allows businesses to use the Internet to buy and sell merchandise, provide services, and process payments. The ability to shop online offers numerous advantages, limitations, and risks for the average consumer. Traditional brick and mortar establishments have found tremendous growth and sales potential following today’s technological advances. Walmart is an example of a retail chain that has found success and growth potential offering online shopping and services to its consumer. E-Business and Walmart Sam Walton built today’s largest retail chain on one simple strategy: “provide the lowest prices, anytime, anywhere (Walmart, Inc., 2016). Walmart’s first store opened in Rogers, Arkansas in 1962 as a small five and dime retail shop. Walmart became a publicly traded company by the early 1970’s and officially was listed on the New York Stock Exchange. Entering the 1980’s, Walmart’s sales topped $1 billion and computerized point-of-sale systems were installed in stores enabling fast and accurate checkout experiences for its customers (Walmart, Inc., 2016). Walmart launched the largest private satellite communication system in the United States, connecting the company's operations through voice, data and video communication (Walmart, Inc., 2016). In the early 1990’s Walmart entered the...

Words: 1073 - Pages: 5

Premium Essay

Best Business Research Papers

...Bachelor of Commerce Best Business Research Papers | September 2008 | Volume 1 Faculty of Business University of Victoria, BSS Office, Room 283 PO Box 1700 STN CSC Victoria BC V8W 2Y2 Canada Phone (250) 472-4728 Fax (250) 721-7066 | www.business.uvic.ca Seeing new horizons. September 2008 | Volume 1 Bachelor of Commerce Best Business Research Papers Bachelor of Commerce Best Business Research Papers Volume 1, September 2008 Table of Contents NOTE FROM THE EDITOR Anthony Goerzen 1 THE DUTCH BUSINESS SYSTEM IN TRANSITION: AN APPLICATION OF WHITLEY’S BUSINESS SYSTEMS APPROACH FOR THE USE OF EXECUTIVES, MANAGERS, AND POLICY MAKERS Eric Brewis 2 SWENSEN’S MUST ENGAGE IN MARKET PENETRATION AND DIVERSIFICATION TO RETAIN ITS LEADING POSITION IN THE THAILAND MARKET Kailee Douglas 13 DISNEYLAND PARIS: EUROPEANIZING A RESORT Amanda Louie 22 IKEA: A STRATEGY FOR SUCCESS Garret Luu 31 COMPULSORY LICENSING IN THAILAND Simran Mann 38 CHANGING POVERTY AND INEQUITY THROUGH BUSINESS Matthew R. Tanner 47 SWEDEN IS A NESTING GROUND FOR YOUNG START-UP ENTREPRENEURS James Whyte 56 Note from the Editor In business today, “globalization” is a key concept with the firms across nations intertwined as never before. With overseas customers, suppliers, operations, and competitors, today’s managers need an international outlook. Therefore, the mission of the University of Victoria’s Bachelor of Commerce program is to...

Words: 31372 - Pages: 126

Free Essay

Small Business Idea Paper

...Small Business Idea Paper The government recently released funds to individuals who want to create a small business. This concept of releasing funds to individuals will create more jobs and stimulate the economy. The first step for a small business owner is to determine which of the four forms of business the organization will best fit with the new owner’s ideas. In addition, the business owner will need to review all tax legalities and implications associated with the different forms of business for her organization. This paper will discuss the four forms of business and the different types of financial statements associated with the forms of business in relation to consequences of taxes, liabilities, and accounting implications. Sole Proprietorship Sole proprietorship is the most common and easiest form of business to create. Some of the benefits of a sole proprietorship are that the owner can make decisions of hiring and firing employees, decisions of which vendors to use, what materials and equipment to purchase and what direction they want the business to take. A disadvantage is that the owner is limited to funds as a sole proprietor can only access the funds that are available. In addition, the sole proprietor is responsible for all liabilities associated with the business. The financial statement associated with at sole proprietorship is the statement of cash flow. The statements of cash flows provide financial information regarding cash receipts and payments...

Words: 1267 - Pages: 6

Premium Essay

Business Paper

...and Exchange Commission and other public communications of the Company; 3) Compliance with applicable government laws, rules and regulations; 4) The prompt internal reporting to the Audit Committee of the Company's Board of Directors of violations of this Code of Ethics; and 5) Accountability for adherence to this Code of Ethics. The Company expects that each of its Officers and Directors will obey all such laws, regulations and orders when acting on behalf of the Company. The Company expects that each of its Officers and Directors shall in the performance of his or her duties: 1) Engage in honest and ethical conduct in accordance with prevailing standards of business conduct;and 2) Deal fairly with the Company's customers, suppliers, competitors and employees in accordance with prevailing standards of business conduct. Social Responsibility; A fundamental responsibility of the Board of Directors of The Cheesecake Factory Incorporated is to ensure that effective processes are in place to provide continuity of executive leadership and to assess if such leadership possesses sufficient depth and talent to execute long term strategies.In order to ensure continuing relevance to meet current and future challenges and opportunities, the Board will assess such processes with the Committee no less frequently than on an annual...

Words: 279 - Pages: 2

Premium Essay

Business Paper

...Ever since I can remember, I have been told about what is right and what is wrong. It simply started with my parents telling me to be nice and respectful to everyone and people will be nice in return. I did my best to follow these guidelines, but I soon realized that people are not always that nice in return. People have different values and beliefs that might not always be similar to that of your own. As I grew up, I started working and came across similar issues in the workplace. I realized that some people would do whatever it takes to better themselves in the company, whether it is giving misleading information or bettering themselves by using another person to get there. These types of situations are common to arise in almost every business these days. It comes down to, what is right and what is wrong. But making the decision between right and wrong isn’t as simple as it seems. Lots of factors go into the situation and make it difficult to choose the best outcome. An example of a situation is in the article, “A Question of Appearances”, where Maura, an HR director for a fast-growing information technology company, has to make a decision that could either benefit the company great financially, or cause a very valuable employee to quit. Background Techno Inc. is an up and coming company in the information technology industry. Jack Ridge is Techno’s Vice President for sales and marketing. He has been working very hard to sell a major contract to a company called Apex Co....

Words: 1859 - Pages: 8

Premium Essay

Business, Entitles, Laws, and Regulations Paper{

...The start of this essay is to discuss the best business entry for each of the chosen scenario we choose for this assignment. We must identify laws, risks, and regulations of both scenarios we choose from. We are to discuss the elements and discuss the employment laws in which the business must comply in making a decision. In this Business Law paper, I will discuss two business scenarios’ business entity represents the best choice, while taking control, taxation, and liability issues into consideration. As well as, laws and regulations each business must consider in starting the business and any risks each business must consider to protect itself. Additionally, I will discuss a Construction scenario and a situation requiring a Hiring Manager to choose the best applicant while considering the above elements and employment laws and regulations which the business must consider when making a decision. In the construction scenario, Mel-lin is the hiring manager and needs to hire someone with a high school diploma is the only description for the job. Four peoples applied for the position at the Surebuild, Inc. ( Construction Company); Michelle has experience, high school diploma, was formerly employed as a jackhammer operator and is pregnant, Eric has no experience and no high school diploma; Felipe speak no English, no high school diploma, but is experienced in jackhammer; Nick has epileptic, has a college degree, and no experience with a jackhammer. All four...

Words: 970 - Pages: 4

Premium Essay

Small-Business Idea Paper

...Small-Business Idea Paper The Dream of Cooking – Grandma Style Christopher Havins University of Phoenix ACC/561 Chuck Royes February 15, 2012 Small-Business Idea Paper The Dream of Cooking – Grandma Style Since graduating high school, starting a new business has been a major priority. In 2012, the federal government, in coalition with state governments, has released funds for creating small businesses. With much excitement surrounding the prospects of becoming an entrepreneur, proper research and planning is the first step in running a small business. Because of the recession, Dub & Bradstreet reported in 2011 that “across the United States, small business failure rates rose by 40% between 2007 and 2010” Therefore, understanding not only the industry, but the legal, tax, and accounting implications is vital to securing a prosperous future. “ The dream of owning a small business has centered on starting a restaurant – full of grandma’s home cooking. Restaurants, thought of as a risky business venture, have the same failure rates as other new businesses. “A longitudinal study of restaurants in Columbus, Ohio found the failure rate for restaurants was 57 to 61 percent for a three-year period (1996-1999) – still high, but much more in line with other businesses) (White, 2011). While restaurants may not be any more risky, the preparation work opening the business will be critical to future success and ownership protection. ...

Words: 1320 - Pages: 6