Business Strategy
Task 1
The Company
Eastern School Bus Transport located In Nassau, Bahamas is a privately owned new bus transportation company in its formative stages. Its main purpose is to assist the local community with getting students and staff from the five (5) local schools in the district to get to and from school efficiently, effectively and safely. There is only one competitor in this market that is Government owned. After many complaints from individuals in the community it is indicated that a new entrant school bus transportation company could be expected to capture a significant portion of the school transport market.
The Company’s Mission
The mission of Eastern School Bus Transport is to provide a safe, licensed transportation
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This determines that the peak season for the bus system will be based on the school calendar year which in The Bahamas is September-December and January to June; this period excludes Christmas and summer breaks. However there are schools related cultural festivals that will take place during the non peak seasons that may require transportation to and from the schools to local community activity centers etc. For example; there is the J.R Junkanoo Parade which takes place the second week in December when school is closed for the Christmas …show more content…
Advisory Committee
An advisory committee will be responsible for carrying out all market research and strategic planning. This committee will consist of a small team of 5 individuals who will be lead by a director. Every team member will have important task to complete and a deadline in which to complete it by; here are a few examples of how our strategic plans will be implemented.
Strategic Objectives
1. Grow business by 20% each year by increasing new customer base
2. Maintain road safety requirements
3. Customer service enhancements
4. Assignment of students to specific bus stops and bus routes
Strategic Objective 1; grow business by 20% each year; the following table will explain how it will be executed;
Department Goals Person Responsible Start date End date Completed
%
Explore &research habits of new customers (parents)to determine what they want and how to deliver D. Knowles 01/21/2015 03/21/2015
Email blast A. Moss 01/21/2015 03/21/2015
TV, radio and newspaper ads I. Thomas 01/31/2105 06/31/2015
Figure 4.0 displays departmental goals
Measuring
Assignment 1 Rule of the Road Latifa Sanchez Professor Antoinette Bridges BUS 330: Contract Administration and Management October 21, 2017 The federal acquisitions act champions and promote small businesses over large multinational organizations because small-businesses are leaders in innovation and drivers of the economy. Whereas, larger well developed multinational corporations are already established and production oriented. Small-businesses also accounts for 55% of changes and creates three out of every four new private sector jobs that employ about half of all American workers (Stansberry, 2012).
The Short Bus: A Journey Beyond Normal by Jonathon Mooney portrayed the real meaning behind the definition of “normal”. Throughout Jonathon’s life, he suffered from the denial of teachers, family members, and himself when it came to his academic success. Despite the odds, he overcame his label of “learning disabled” and graduated from Brown University with a 4.0 GPA. Many other students labeled with a disability also suffer from the same aspects as Jonathon. In his book, Jonathon showed the mistreatment that not only he experienced in school, but he also showed how others struggled with an unsupportive school system.
Performance objectives? Strategies? Action Steps for
Business Planning Activity – Notes Only Document (Please answer each question thoroughly and retain a copy of this information for your records) 1. Describe your vision for building your practice at Edward Jones. How do you plan to add value to the clients and communities you will serve? My vision for building my practice at Edward Jones is to provide the best financial service and knowledge to those in my community.
In Hannah Greendale’s review about The 57 Bus by Dashka Slater, she argues about how the transgender community or those who identify as agender are being mistreated. She writes her review base off of a sociological lens. One of the main characters struggles with there sexuality while the other one is presented differently due to his race. Sasha is the name of one of the characters, and she identifies as neither male nor female. Sasha was born as a male named Luke, but as she grew up, she realized that she enjoyed wearing skirts instead of clothing that boys would typically wear.
The school 's state or district selects the number of school days the school needs to serve. Instead of a summer break of 2-4 months, it is stretched out over the school year. To have this, they have breaks in between the weeks of school, and, depending on the school, you get weekends off. This helps the student take a break from 5-9 weeks of school, and stretch out the amount of days they need to serve for school. " Research Spotlight on Year-Round Education.
Located in 36695, there are 5 elementary schools, one middle school and one high school educating approximately 3,609 students. There is one local park in the area. Most of the sports played are associated with the schools and are played on the school fields or through the park during sport seasons. The traffic is very congested and busy throughout the work week starting at 6am and continuing until 7:45pm. Billboards and signs are located on the main roads advertising fast food places and those establishments are constantly kept busy.
She rode the public bus system to school,; however, she was not able to sit at the front of the bus since it was for
Year-round schooling allows school facilities to be used most effectively because they have not been sitting empty for months at a time during a lengthy summer break. Families’ budgets might benefit from the reduced costs of airline or vacation tickets by not traveling in the general travel season times (Pearson). Going along with a families’ budgets, they may also have to find babysitters or caregivers for specific weeks. Babysitters would have to be flexible and able to meet the families’ needs. They may also have to provide their own
While providing significant positive environmental effects, the idea of the large tech companies bussing their employees creates some negative externalities. The idea of bussing has become problematic in the Bay Area. Many of the employees want to live in the city and work in the bay. So the companies offer free buses to transport employers from the city to the Bay. The buses can be extremely loud and travel on roads/have stops serviced by San Francisco’s Muni buses.
When it is time for the students to go home and a bus is arriving, the bus driver would approach the terminal slowly; being extra cautious because he notices that they are children walking home from school and he wouldn’t want to injure anyone of them. The driver does this act simply because he cares
It would aim at establishing a strong customer lifetime value. It would also search for new markets in other
Table of Contents 1.0) Executive Summary 3 1.1) Objectives 3 1.2) Mission 3 1.3) Keys to success 3 2.0) Product and Services 4 2.1) Sourcing 5 2.2) Technology 5 3.0) Market Analysis Summary 5 3.1) Market Segmentation 6 3.2) Target Market Segment Strategy 7 3.2.1) Market Trends 7 3.2.2) Market Needs 8 3.2.4) Market growth 8 4.0)
2. Examine some of the sales strategies in use, observed at the educational institute that allows them to reach their annual financial goal. 3. Compare and contrast the business strategies used in the educational institute and those depicted in the memoir. a) Examine how the business strategies used in the memoir can be implemented into the educational institute in Bangkok.
The management team will also provide relevant information to the board of directors whenever they need by attending the meeting held by the board of directors. In addition, the management team attend the meeting which is invited by the board of directors to advise and furnish the members of the Board of Directors with information and clarification relating to the items on the agenda for effective discussion and decision making. The Managing Director, supported by the Management Team, implements the Group’s policies and decisions as adopted by the Board of Directors overseeing the operations as well as developing, coordinating and implementing business and corporate strategies. The Managing Director is responsible for the stewardship of the Group’s direction and the day-to-day management of the Group. The Managing Director, together with the Management Team, manages the business of the Group in a manner consistent with the Nestlé Code of Business Conduct and the Nestlé Corporate Business Principles as well as in accordance with any specific plans, instructions and directions of the Board of Directors.