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You should take time to research your target market, the athletic shoe industry,

ID: 362446 • Letter: Y

Question

You should take time to research your target market, the athletic shoe industry, and key business concepts in order to address the specific questions asked in this assignment. Mission Statement Who Does Your Company Serve? How Large is the Target Market? What is the Scope of the Product Line and Services Offered? What Effect Does your Business Have on the Consumers? How do you want the world to think of you? Measurable Goals Profit Return on Sales in a Period of Time Market Share Objective Customer Satisfaction Strategy to Complete the Goals How do you plan to enter each marketplace? Share the Marketing Mix (Product, Price, Place, Promotion) for each of the markets? What is the product development budget for each market?

Imaginary company-shoes

Explanation / Answer

Imaginary company

Shoe industry is one of the biggest industries in the globe for producing customer products. Globe industry has been always in light for having issues with the specific before this and being exploitation of resources in the developing countries as well as different areas of the world. By maintaining the quality of the overall hierarchial level.

Determining the appropriate workforce levels would be very beneficial for an organisation for maintaining the overall structure of the shoe making business. From the designers to the shoe making labours a proper structure should be provided as it directly increases the level of implementation of the specific employees into the organisation. Workforce levels also helps in determining proper wages for the employees as well as maintaining a level of involvement in the organisation. With the help of proper work force level Distribution Company can easily increase its direct distribution of the wages and funds according to the position of the specific employee into the organisation.

Compensation provides unethical support to the Employees overall job profile. This specific term is very necessary for each and every company and compensation is one of the main things that is a support of an employee for shoe making industry. As you making industry does not include highly educated professionals but the skilled professionals in making shoes which directly made demon relying on the compensation on the position of some mishappening. This specific compensation helps them to get out from that condition and also help their security terms to provide a better support for the organisation. Increasing the overall compensation as well as providing compensations on time a company can easily increase its ethics towards the employees and this specific practice would definitely increase the level of reality of the employee to the organisation.

Training the employees are one of the most essential tab in the shoe making industry as this industry is totally based on skills hence providing a proper training would directly increase the overall efficiency as well as productivity towards the same market. This is specific training would also increase the level of efficiency while designing of manufacturing a product which would greatly increased the company's overall revenue by maintaining the product flow and producing more products at leisure time. Productivity improvement can also be used for improving the level of services provided by the company and for improving the quality of the products. By maintaining a high quality training module company can easily increase its overall quality of the product which would greatly lead the company for a better profits.

This is possible factors have a huge impact on workers, as most of the workers working inside the shoe industry except then the designers are poor and they cannot afford any specific skill based training program as well as different programs in which they are taught to make shoes for a better way. By providing training module as well as different appropriate ethical programs for employees, a company can easily increased its involvement to word the employees life and can directly affect the loyalty of the employee to what the organisation.

Enjoy making industry the basic type of incentive includes and incentive for a better productivity or product manufacturing incentive. By having more productive and creating lesser errors in creating shoes can an employee for better incentives inside an organisation. By performing better than the Expectations incentives can be received.

Provision of the incentives as well as by providing ethical environment for working to the employees of the shoe making industry and employee can easily increase their loyalty towards the organisation and this specific increase in loyality as well as increase in the driftwood directly increase their level of dedication towards the specific job which would result in increased productivity.   

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