COMM 320 Business Plan

North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.

I am 5’9 and weigh 155 pounds. I am 15 years old. I attend Granite Bay high school where I participate in PE where I run a mile 5 days a week and swim for an hour a day once a week. I also play football 5 days a week. My family is very big on sports so on my free time I spend it typically working out or practicing for a sport. After football I will play baseball and after that I will play soccer. I eat very poor and eat large quantities of food

I first would look and see the age ranges of each employee and see what compensation they need to be lifestyle depends. I would gather data on each employee so I can see what compensation would benefit them the best. If I have a lot of employees with children, maybe one of the compensation benefits would be child care or if I have a lot of employees almost about to retire maybe I would need a retirement package or elder care. Also, if I have a lot of employees in school maybe a tuition program. Treating people right is good for the hospital since happy employees are better employees. I also want to be fair as well. I would want to treat my employees the way I would want to be treated. I know how important health care is so I would defiantly have a plan that would fit people needs. I would also provide some way for so employees would not

The brewery will start out with 6 employees which will be the current group of partners creating this plan. The organizational chart in the following section will give a layout of the overall business breakdown. As the business grows and the need arises, we will hire and train future employees to be brewers and will explain and show hands on how to reproduce the product line. Once the product line has been established we will then proceed to hire people to handle distribution of the product to local vendors. This will also lead to the eventual hiring of people to become tour guides for future brewery tours. Our employee base will expand as we our company expands. We will have managers that will be in charge of maintenance, managers in charge of production, managers in charge of bottling, and managers in charge of distribution. These are the major aspects of our daily operation. Maintenance managers will have a group of 5 people and each person will be in

Businesses are not only faced with competition within the industry they operate in. They also face competition from businesses in other industries.

The framework used in this note is organized around the estimates of industry demand, market share, costs, and performance. All data

* The first two assignments (Stages I and II of the project) are worth 100 points each.

Hints: How will you stay abreast of new developments in your industry? What new products do you have in development now, in addition to your flagship product?

What driving forces do you see at work in this industry? Are they likely to impact the industry’s competitive structure favorably or unfavorably? (Did we answer this question?)

activities. The industry is already vertically integrated to some extent. They also deal with similar suppliers

computer hardware sector. The company has a high brand value in the market due to its cost

|the industry and its challenges it is important to understand its various phases of growth so far. |

•Monopolistic competition- When an industry contains many rival firms, each of which has a comparable but at least slightly different product. Restaurants, are an example, all serve food but of different types of food and in different sites. Manufacture costs are above what could be attained if firms sold equal products, but consumers have an advantage from the variety.

The Internet Software and Services industry is currently in the growth phase of the industry life cycle. Hook defines the growth stage as “Product acceptance is established. Rollout begins and growth accelerates in sales and earnings. Proper execution of strategy remains an issue” (Hook 89).

In addition to the strengths outlined above, we have also identified several weaknesses that the company must overcome to be successful. Our key weaknesses are: