Matrix

im doing a fake business plan. and it requires a exit strategy so how would i do that. just incase company fail how do i recover my money

—->You can open a savings account,
—–>Invest money (well in this moment it is not a good idea)
——–> I don’t know what else !!!

I have two years experience in an internal audit/corporate governance setting. Graduated two years ago in Finance.

if your company is large you may easily transition into a line of business role. potentially in a financial or operations analyst role for starters. learn the business of business as your next step. good luck

What is easiest way to draw up a marketing strategy for a small online business?
Is it not as simple as SEO’s, a bit of offline advertising ( flyers) and a few adverts out on the net?

In marketing strategy, we have many-many techniques to run this. But for me, if you are new, better you try invest a lot of money to purchase ads from top website. I like use pay per click technique especially from adwords, yahoo and adbrite..

answer desk for banks and wireless phones to name a few.

For the business it makes sense, I know that a lot of companies outsourse to India because from what I have heard that there are not a lot of jobs and a lot of the time there are highly educated people that are working in the call centers for less money than they would have to pay someone here in the US. I have worked for a company that outsoursed to India. From the conusmer point, I think that it sucks. Regardless of the fact that they speak english, they are hard to understand and there is still a language barrier. They use terms that we do not use here. Do the needful for example, who says that?

Picture this scenario: As a future stategy for an airline company, they decide to invest in technology, say the installation of Tv units (or anything thing u can think about) in the back of every seats, or a joint venture with a more famous airline say Singapore airlines, where bothairlines could work with each other and develop new technologies, new machinery, better service? Would those new strategy make sense in the external competitive environment? (i.e. what customers require, what competitors are doing, trends in the business environment)

I think so because I have spoken with many people who only fly on JetBlue airplanes for the exact reasons that you speak of; multimedia systems that keep them entertained over the course of long, boring flights. Sure, it costs an airline money to do this but when you consider the fact that some passengers will fly with your airline exclusively for the reason that you offer such systems, then it becomes a good investment. You really wouldn’t be developing this technology with an airline, such as Singapore, because there are many different components manufacturers and suppliers that can already provide your airline with such technology. In other words, there are other companies that you can buy this stuff from, off the shelf, for each of your passenger seats. None of that is new technology, and these are standard options from both Boeing, Airbus, various aircraft interior refurbishers, corporate aircraft manufacturers, etc.

I have 2 years experience in an internal audit (consulting) environment. I’m growing tired of transactions and would like to gain experience in a new field. I graduated two years ago after studying Finance.

You dont really give a lot of information here, but If I were you I would start by moving into a financial analyst roll, maybe then to a controller, from there you will have more opportunity to do some higher level strategic type things, if you are successful keep building on that.

We’ve started a new business and would like to know the best strategy to market my business in Sydney. Any help appreciated…..

o you have a website? If so the best strategy for marketing your business is to go online. We had a company take over our business marketing and within three days we were all over the front page of Google. From memory there were five results on the front page all leading back to us and the phone has been running hot ever since.

They’re called OSD Marketing and are based in Sydney. The website is http://www.officialsoftwaredownloads.com and the phone number from the site is 0448 970 201 We’ve been very happy with the service. Hope this helps.

PS: They also take care of all our newsletters to our customers and the newsletters really look good. Cheers

is cost the prohibiting factor for companies to formulate a plan and be "disaster" ready? or is more the cycles spent to put one, generally speaking?

The large companies do, especially the financial corporations, and companies that are heavily invested in IT to do business. IBM was responsible for the implementing/backup of the financial institutions in the NY Trade Center. After 9/11 those businesses were up and running 4 days after the disaster….all records were kept backed up at a secured site. Companies just do not think/realize anything will happen to them. Every government agency has a disaster recovery plan not only written, but back up measures already taken. It’s not so much the cost, but the realization that something could happen. (retired IBM corp exec/former US FED/DC/ college professor)

5 years ago it was friendster. then it was bebo. now its and facebook/twitter.
It work with everything. mainly childrens toys. Can companys predict them.

Predicting may be found to be quite difficult. The easier approach would be to hold down a culture that allows for the swift reaction and implementation of strategy in the face of a new fad. Typically fads are short-run product life cycles. Consider that this cycle includes periods of Introduction, Growth, Maturity, Decline, and eventually Death. Larger corporations go through these stages both at a business unit level for each product, showing different lengths in each stage, and also as a company as a whole. Company’s tend to fluctuate between growth and maturity if they know what they are doing. So to answer your question, a company must be willing to adapt to the changing environment when these fads produce themselves to be of value. If a company can recognize and capture the fad in the earlier enough in the growth stage, or late in the introduction stage, they would be poised to take advantage of the fad. Bear in mind here it is also best to ensure that the company is not adversely affecting its brand image in taking part in the fad and it is imperative to develop an exist strategy for the decline stage.

Strategy – Cost Leadership: With this strategy, the objective is to become the lowest-cost producer in the industry. Many (perhaps all) market segments in the industry are supplied with the emphasis placed minimising costs. If the achieved selling price can at least equal (or near)the average for the market, then the lowest-cost producer will (in theory) enjoy the best profits. This strategy is usually associated with large-scale businesses offering "standard" products with relatively little differentiation that are perfectly acceptable to the majority of customers. Occasionally, a low-cost leader will also discount its product to maximise sales, particularly if it has a significant cost advantage over the competition and, in doing so, it can further increase its market share.

Examples of Cost Leadership: Nissan; Tesco; Dell Computers