Professional Documents
Culture Documents
1. INTRODUCTION
1.1 Preface
All of the work to be presented henceforth will be conducted in the
premises of the company to be researched on. I will be the lead
investigator for the research and I will be responsible for all major
areas of concept formation, data collection and analysis, as well as the
majority of manuscript composition. The whole project will be
measured through the questionnaire, the data will be analyzed,
interpreted and the results will be obtained.
b) Research topic
Operation Plan
Financial Plan
Marketing Plan
Human resource plan
2. SCOPE AND
LIMITATIONS
Scope:
The scope of the project is to study the structure, competition and the
consumer behaviour of Hardees. In the project I will also learn about
the level of satisfaction of the employees working in Hardees, but my
main emphasis is regarding the consumer behaviour and the
marketing strategies is aimed at Hardees
Limitations
Time constraints of the semester require less time than may be ideal fo
r an ethnographic study.
By being in the organization for only a limited period
there are bound to be aspects of leadership practice, organisational cul
ture and team
communication that will not be revealed during my observations.
Being an outsider may also limit what is revealed to me. The team me
mbersmay be guarded in their conversations around me, especially in
my in Presence
3. LITERATURE REVIEW
3.1 The Financial plan
A 'Financial Plan' is a comprehensive evaluation of an investor's current
and future financial state by using currently known variables to predict
future cash flows, asset values and withdrawal plans.
Most individuals work in conjunction with an investment or tax
professional and use current net worth, tax liabilities, asset allocation,
and future retirement and estate plans in developing the plan. These
will be used along with estimates of asset growth to determine if a
person's financial goals can be met in the future, or what steps need to
be taken to ensure that they are.
the
role,
function
and
process
of
Human
Resource
HRM
covers
essential
aspects
of
central
concern
sociology,
industrial
relations,
used
in
the
fullest
capability
to
produces
the
greatest organisation results that meets with the firm needs Nader
Maiden, (2003) and Gilley and Gilley, (2007). Therefore, the philosophy
of empowering employees capabilities is coined to the conception
that HR is extremely crucial for sustainable competitive advantage
and organisational success
in organisation is
(Koch
&McGrath,
2003).
HR
and reward
competencies
immensely
and
(Price
them
efficiency
A.,
accordingly
would
help
their
the
2007).
Managers
depend
on
the
performances,
firm
productivity
that
HR
tactfully
practices
to
with
respect
to
impression
formation,
deception,
Engagement
is
characterized
by
employees
being
Employee loyalty can be divided into active and passive loyalty. The
former refers to the subjective staff loyal to the company with the
desire (Cook, 2008). This desire is often due to a high degree of
organization and employee goals and now there are consistent with
organizational
help
for
employees,
self-development
and
self-
Created
By
Strategic
plan
Top
Entire
manageme
organization
nt
Mission of the
Very broad
company, future
and
goals and
general
ambitions
Tactical
plan
Single area of
Mid-level
the business as
manageme a whole (e.g. a
nt
division of the
company)
Specific actions
to support or
work towards
the strategic
plan
Specific
actions
and ideas,
but not
very
detailed
Specific plans
for low level and
day-to-day
activities and
processes that
will support and
enable the
tactical plan
Extremely
detailed
(who,
what,
where and
when)
Scope
A unit within a
single area of
Low-level
the business
Operation
manageme (e.g. a
al plan
nt
department
within a
division)
Includes
Level of
Detail
or
Ongoing
Improve plant workflow
Single-use
Single-use
Single-use
Single-use
durable, consumers and industrial goods, perishable and nonperishable, finished and semi-finished etc.
b Price
Price means the monetary value of the product has been fixed for
exchange purpose. The price is the amount a customer pays for the
product. It is fixed after considering various factors such as market
share, competition, material costs, product identity and the customer's
perceived value of the product. The business may increase or decrease
the price of product if other stores have the same product. It is through
price the company gets its money back in business. It should be fixed
in such a way the company is in position to recover the costs and earn
profits also. If it is fixed very low then it may be difficult to come to
the breakeven point and if fixed very high then it may have deterrent
effect on the sale.
c Promotion
The promotion concept is applied for products or services and to the
business. The promotion include all communications a marketer used
in the market for his products of services to create awareness,
persuade the customers to buy and retain in future also. For
improvement in the position of sales or progress of business this
method is used. The message is given to target group regarding the
features and benefits of the products or services to the target
customers. Without communication the features, benefits and schemes
would not be known to the customers and objectives of in launching of
d Placement
Place represents the point or location where the product is made
available to purchase. It is required that the products and customer
should be available at a point then only the sales would be possible. If
not then the sale does not taken place. This term is used for
distribution channel. It can include any physical store as well as virtual
stores on the Internet. Place is not exactly a physical store where it is
available Place is nothing but how the product takes place or create
image in the mind of customers. It depends upon the perception of
customers. The products or services should reach to the customer that
channel is called distribution channel of placement.
The above definitions indicate the following characteristics:
a It involves more than one person.
b It deals with transmission of both facts and feelings.
c There are various medium of communication.
d A business organization has continuity. Hence the process of
communication is also a continuous one.
e The effectiveness of communication to a very large extent
depends upon the required understanding of what is being
received and then responded. The sharing of understanding is
possible only when the person, for whom the message is
meant understands it in the same sense in which the sender of
4. METHODOLOGY
4.1 Data collection Techniques and Data
analyzing
Questionnaires:
The questionnaire will require respondents to fill out the form
themselves regarding the information needed. Data will be
analyzed from the proposed Questionnaire.
Interviews:
Interviews will be conducted with the employees of the company
to find out important details of the various departments.
Direct observations:
Direct observations will help learn the minute details of the way
the company operates and its various strategies.
Primary data:
Qualitative Data
Telephonic Interviews, Personal Interviews, Close group
discussions & Participant Observation.
Quantitative Data
Interview with the CEO of the company, Managers and other
company officials, Questionnaires & Visuals.
Surveys
I will conduct a survey to Hardees in order to observe the
environment, relationship between employees and relationship
between management and employees.
Vital records
Computer software, e-mail archives, web documents, etc.
4.4 Timetable:
Prepare proposal by 1st May
Complete literature review by 15 May
Complete fieldwork by 22 May
Complete analysis by 29 May
Complete final report by 31 may
Give presentation on 2 June
5. RESULTS AND
FINDINGS
This Research methodology will Result with following findings:
models analysis
6 CONCLUSIONS AND
RECOMMENDATIONS
Recommendations
The
following
recommendations
can
be
draw
for
the
further
development of the Hardees Hardees should always provide emphasis on customer demand.
It should always satisfy the dealers demand and arrange product
availability.
It should always pay heed to the dealers growth rate, take
initiatives to recover gap and always monitor their activities.
Hardees should restructure its sales system. It can restructure
through employing more SOs, day to day sales and delivery
system, enrich end-user activists activities, frequent market visit,
better communication with distribution.
Its general sales procedures like taking order, preparing invoice,
categorization of invoice, preparing rout plan, lining products for
loading, final check and loading of vehicles should be fast
customer oriented.
Conclusion
The petroleum market is very much competitive although Hardees
holds the major market share. But the growth rates of the competitors
and expansions of companys product to rural continent are great
challenges for Hardees. Its true that Hardees is very prominent in the
7. REFERENCES
Laima Ali
BBA Level 2
SCI