Work teams in Organization an Example by

Work teams in Organization The principle aim and set goals of any organization is competency in production of goods and services to meet the consumer standard. The set target should be met with the use of the available resources at the disposal of the organization. The supply of resources poses some limitations towards the achievement of the goals. However human resource is the only production resource that can be manipulated for the purpose of flexibility and action against the other rigid resources to expand the capacity of an organization. Need essay sample on "Work teams in Organization" topic? We will write a custom essay sample specifically for you Proceed The human resource therefore qualifies to be the most important valuable and yet the most expensive to compensate. Therefore skillful and appropriate use of the human resource is a major contributing factor to the success of an organization. Organizational requirements for successful Team Works For an organization to set the stage for a successful work teams, the organizational policies should have high profile projects. Projects are organized in phases, which are interrelated. The success of one phase depends to a greatest degree on the success of the previous phase. Each phase has its own key processes that require specialized skills and experiences of available work force. Each phase of the project requires a teamwork with functional responsibilities all geared towards the success of the entire project for the benefit of the organization. The requirement of teamwork in this perspective is to minimize the managerial burden since the teamwork is in collaboration with an overall objective. In such a situation, the organizational formal management would be expensive and teamwork renders the role as unwarranted. (Putz 2002) The different phases of the project facilitate for the development of individual particular expertise and a wide range of production areas shares the benefits of individual skill sand experiences. The players in the teamwork should be subjected to the advantage of work at a position where the level of skills and expertise best warrant for action with comfort and ease. (Katzenbach & Smith, 1993) The products and services of different organization are unique. It usually costs the organization, in terms of time and money, to build up the unique product and service. To prevail in the market, the exact replica of the organizations production output should persist. For the success of this, teamwork becomes further important. Quality standards should be maintained unless in a case where the organization aims at product development and/or improvement. A team of qualified personnel should handle each level of production chain. (Kotter 1996 & Fisher 1999) Another requirement for a successful work teams is the availability of an established human capital investment. The degree of competency and discipline will depend upon the success in remuneration of the work team and the fulfillment of the requirement for training if need arises. The fact that technology is advancing should not be ignored and it is the duty of the organization to cope with the changes through internships and regular training. Training should be accompanied by evaluation of the changes in the skill needs in the organization (Hogan 2003). The organizational requirement for precisely defined skills also calls of work teams. The degree of specialization to a specific production activity is best enhanced by the application of work teams. Some situations require problem solving teams and self-directed work groups to achieve a high quality management of production practices. If in case rotation of roles has to occur the organization should be capable to involve the work teams in a formal training to update the skills and expertise to cope up with production requirements. (Cooper, Lock 2000) The requirement of workforce diversity also calls for work teams. Work place diversity in terms of skills and experiences, demographics such as race, ethnicity, age, race and gender are positively productive to the organization. The work team as a whole would require the contribution of talents skills and experiences inherent in the diverse range of employees for the overall success of the organization. (Hackman 1990) The organizational requirement for work schedules also calls for work teams. Work schedule promotes the health and well being of the organization workers, and serves as a solution to psychological violence in the organization. (Streibel, Joiner, Scholtes 2003) The organizational requirements for new policies, which are original to the tradition of the organization, are also necessary for incorporation of work teams in the workplace. The policing becomes an achievable goal when individual potentials are tapped for a collective gain in the organization. The management role is further simplified since the teams are ideally self-managed and serves as employee investment groups. (Katzenbach & Willard 1995) Work schedules also help the organization to maximize the employees, the human resources, output by making efficient use of the other available resources. Time and other specific resources are utilized to their maximum potential for profitable production in an organization. (Chris 1998) Conclusion Work teams in any organization uplift the production standards and consolidate the managerial functions, of the organization. The organization policy goals are established with a little requirement for supervision. The role of the management is reduced to visionary policy making and the strategic planning for the benefit of the future operations of the organization. This is one of the best approaches to make the maximum use of human resources for the efficient use of the organization static resources. References Barbara J. Streibel, Brian L. Joiner, Peter R. Scholtes (2003) The Team Handbook, Joiner /Oriel Inc; 3rd Spiral Ed.ISBN-13: 978-1884731266, 295-360 Cary L. Cooper, Edwin A. Lock (2000) Industrial and organizational Psychology, Black well Publishing Limited ISBN-13: 978-0631209928,165-230 Christine Hogan (2003) Practical Facilitation, Kogar Page ISBN-13978-0749438272, 412-450 Gregory B. Putz (2002) Facilitation Skills, Deep Space Technology; 2nd Ed. ISBN-13: 978-0966445619,123-146 Hackman, R (1990) Groups that Work, San Francisco, C.A.: Jossy-Bass, 58-73 Hall, Chris (1998) Team Support Systems, Unpublished doctoral dissertation, University of North Texas, 16-35 Katzenbach J. and Willard, M. 1995 Why Teams Can Fail And What To Do About It, Chicago II Irwin Professional Publishing, 35-48 Katzenbach, J. & Smith, D. (1993) The Wisdom of Teams,: Harvard Business School Press Boston, M. A, 61-77 Kimball Fisher (1999) leading self Directed Work teams, Mc Graw-Hill; 2nd Ed. ISBN-13: 978-0071349246, 301-340 Kotter, J. Ps (1996) Leading Change. Harvard Business School Press. Boston, 34 - 80

Biography of Dolley Madison, Bipartisan First Lady

Biography of Dolley Madison, Bipartisan First Lady Born Dolley Payne, Dolley Madison (May 20, 1768 – July 12, 1849) was first lady of the United States as the wife of James Madison, the country’s fourth president. Over the course of her tenure as first lady, she was instrumental in forging friendly and social relationships between members of different political parties. Fast Facts: Dolley Madison Full Name:  Dolley Payne Todd MadisonOccupation: First lady of the United StatesBorn: May 20, 1768 in New Garden, North CarolinaDied: July 12, 1849 in Washington, D.C.Known For: As first lady, Dolley Madison influenced bipartisan efforts and was known for her grace and charm as a hostess.Spouses: John Todd (m. 1790-1793), James Madison (m. 1794-1836)Children: John Payne Todd (1792-1852), William Temple Todd (1793-1793) Quaker Childhood Dolley was the first daughter of Mary Coles Payne and John Payne Jr., Virginian transplants to North Carolina. Her mother was a lifelong Quaker, and her father joined the faith upon marrying Mary in 1761. In 1769, the Paynes returned to Virginia, where they raised their children on the family plantation. As a child, Dolley was very close to her mother’s family. The Paynes had four daughters (including Dolley) and four sons. As Quakers, the family was somewhat anti-slavery, and in 1783, they emancipated all their slaves. That same year, when Dolley was fifteen, the family moved again, this time to Philadelphia, where John Payne started a business as a starch merchant. Unfortunately, his business failed by 1791, resulting in his expulsion from the Quaker community. He died in 1792. First Marriage In 1790, when she was 22 years old, Dolley married John Todd, a Quaker lawyer whom she met in Philadelphia. They soon had two sons: John Payne Todd (named for Dolley’s father) and William Temple Todd (born in 1793). Her sister, Anna Payne, also moved in to help with the children.   Gilbert Stuart (American, 1755-1828). Dolley Dandridge Payne Todd Madison, 1804. Oil on canvas. White House Historical Association (White House Collection) Tragedy struck in 1793, when a yellow fever epidemic tore through Philadelphia, killing more than five thousand people over the course of four months. Dolley lost her husband, her son William, and her in-laws to the epidemic. In the aftermath, she was stuck dealing not only with her grief and raising her surviving son, but with the legal limitations placed on women inheriting. Because her brother-in-law was the executor of her husband’s will, he was able to withhold her inheritance from her until forced to retract after a lawsuit. At the time, laws around women’s financial rights left many women in positions like Dolley’s. Because women were severely limited in their ability to earn money or own any property, they were almost entirely financially dependent on male relatives, under a system known as coverture- the doctrine that essentially subsumed all of a woman’s rights into her husband’s upon marriage. Mrs. Madison Dolley was a young widow, only 25 years old, and was considered a very beautiful woman. Living in Philadelphia, the temporary capital of the new United States, resulted in Dolley encountering many of the elite figures of the time. Dolley was staying at a boarding house, where the lawyer Aaron Burr was also living. Burr had attended college with James Madison, who was then representing Virginia as a congressman in the House of Representatives. Reportedly, it was Burr’s idea to introduce his old friend and his neighbor. In early 1794, Burr introduced the two, and they apparently hit it off quickly. Although Dolley would have been aware of the necessity of remarriage in order to support herself and her son, she and Madison did apparently care deeply for each other- despite an age gap of seventeen years. They married that September, resulting in Dolley’s expulsion from the Quaker community for marrying outside her faith; she adopted James’ Episcopal faith instead. Drawings of the coin honoring Dolley Madison from the U.S. Mints First Spouse Gold Coin Program are displayed in the East Room of the White House November 19, 2007 in Washington, DC. Chip Somodevilla / Getty Images Madison served eight years in the House of Representatives before retiring from politics in 1797. Their family returned to Virginia, where Dolley helped her husband expand their house on his estate of Montpelier. However, the retirement didn’t last long. In 1800, Thomas Jefferson won the presidency, and he asked Madison to take the post of Secretary of State. Madison accepted, and he and his family moved to Washington. Because Jefferson was a widower, Dolley stepped in to fulfill some of the traditional functions of the first lady, as set out by Martha Washington. She assisted in furnishing the White House and served as hostess on several state occasions, while also befriending the wives of many international diplomats. During this era, she gained a reputation for her charm and graciousness. First Lady and Later Legacy Madison was the nominee of the Democratic-Republican Party in the 1808 election and won the presidency; he was reelected four years later as well. She functioned as the official hostess of the administration, smoothing over political tensions with her grace and social finesse. It was her social events, in fact, that helped bring together politicians of different parties. During her tenure as first lady, Dolley also participated in the advances of the ages: she was the only first lady given an honorary seat on the floor of Congress, and the first American to receive and reply to a telegraph message. Illustration shows American First Lady Dolley Madison (1768 - 1849) as she holds aloft the Declaration of Independence, as British soldiers approach the White House, Washington DC, August 24, 1814. Though Madison did save a number of documents from the White House, Gilbert Stuarts portrait of George Washington was the most historically important item she saved, and this image, which even includes a cracked display case in the background, is a fictional representation of the events. Stock Montage / Getty Images Dolley’s most famous action came in 1814- and, technically, it wasn’t even hers. During the War of 1812, British forces attacked Washington and burned much of the relatively new city. As the presidential staff hurried to depart, Dolley ordered that a painting of George Washington, a copy of the famous Lansdowne portrait, be taken down and saved. In popular culture, Dolley was depicted as the one who saved the painting, in reality, it was the house’s servants (or, more accurately, slaves) who did the saving. After Madison’s tenure as president ended in 1817, the family returned to Montpelier, where they enjoyed retirement. James Madison died on June 28, 1836, and Dolley spent the next year organizing and copying his papers for their records and for publication. She then returned to Washington, along with her sister Anna, in 1837. The Montpelier plantation was left in the care of her son, Payne Todd, but he suffered from alcoholism and other illnesses and was unable to carry out his duties properly. Instead, Dolley sold off Montpelier and the plantation’s remaining slaves to pay off her family’s debts. In her later years, Dolley Madison remained a fixture in Washington, as one of the last remaining members of the prominent Revolutionary War families. Over the years, her finances were intermittently shaky, and she sold the rest of her husband’s papers to help support herself. She passed away at the age of 81 at her home in Washington in 1849, and was first buried in the Congressional Cemetery in Washington, then reinterred alongside James at Montpelier. Along with other early presidential wives such as Martha Washington and Abigail Adams, Dolley Madison defined the role of the first lady and used social gatherings to work towards bipartisan cooperation in a chaotic era. Sources Allgor, Catherine. A Perfect Union: Dolley Madison and the Creation of the American Nation. New York: Henry Holy Co., 2006.â€Å"First Lady Biography: Dolley Madison.† National First Ladies Library, firstladies.org/biographies/firstladies.aspx?biography4.Howat, Kenna, ed. â€Å"Dolley Madison.† National Women’s History Museum, https://www.womenshistory.org/education-resources/biographies/dolley-madison.

Incorporating Theory Essay Example | Topics and Well Written Essays - 500 words - 1

Incorporating Theory - Essay Example Furthermore, it would minimize risks of associated legal liability. Besides, it would ensure economic valuation of care to the patient, the family and the care facility. In view of this, the Change Theory Fall Model would offer a theoretical framework for the implementation of the proposed change. Despite the fact that there has been conflicting evidence in fall prevention programs strategies in long-term care facilities, there are; however, practical evidence-based programs that can be used in the prevention of patient falls (Simmons, 2012). Nevertheless, in order for these implementation strategies to be effectively employed, there has to be a significant behavioral change at the organizational level. This trickles down from key stakeholders such as the facility administration, the patient, and the patient’s family and health care staff. Herdman, Schubert and Tusa (2011), posit that the Change Theory Fall Model would ensure behavioral changes in the key stakeholders of healt hcare delivery that would ultimately result into a reduction in the prevalence and incidence of patient falls. The Change Theory Fall Model is a conceptual framework that was developed by Advanced Practice Nurse as a modification of Kotter and Cohen’s Change Theory (Frieson, Gargis , Frith, & Wagner, 2013). Herdman, Schubert and Tusa (2011), opine that in order for an organization to achieve an effective outcome, synergy is essential through a combination of interventions. In lieu of this, the proposed change is a multivariate of strategies with the aim of reducing the prevalence and incidence of patient falls. The Change Theory Fall Model is a type of Lewin’s Change Management Model. Its major components entail: preparing the facility to accept the changes required, ensuring stakeholders begin to act in a manner showing support to the proposed solution and ensuring the changes are institutionalized and individualized. In retrospect, the proposed change

Thief of the identity Article Example | Topics and Well Written Essays - 250 words

Thief of the identity - Article Example (Atkins). With effects such as long term loss of memory, one’s identity deteriorates since one cannot remember what surrounds their lives. (Sabbagh). Not being in cognizant with what is going on around is tantamount to loss of identity. In addition to this, the impacts of the disease on the physical appearance are outstandingly disturbing when one thinks about it. The disease eats up the radiance in one, by working up on the face, the skin and the whole body structure. (Atkins). One looks totally different from the way they used to before the disease comes in. It is by virtue of the loss of the original physical appearance that one is considered as having lost his or her identity to the disease. The disease is therefore tantamount to the thief that steals away one’s identity. To conclude, this disease is quite scary given its impacts and the fact that it cannot be treated. (Atkins). The fact that its cause is yet to be established is also much alarming. In this paper, the fact that the disease is a thief of identity has been looked at. This is through the impact of the disease to the brain and physical appearance. There are many other impacts of the disease that can be traced to loss of identity such as emotional swings. However, not all these could be covered given the scope of this

Dissertation Assignment Power Point Additions Example | Topics and Well Written Essays - 1750 words

Dissertation Power Point Additions - Assignment Example (In many cases, inadequate knowledge on the biomedical factors related to obesity in childhood, the possible factors were not revealed, and as a result, the phenomenon of childhood obesity and its holistic medicine implications were less understood and hence remained unknown) (Mainstream biomedical model of healthcare can access this population, but that field is totally unaware of the holistic dimension of the requisite interventions, hence fails to implement them leading to failure to control childhood obesity) (This author's knowledge and expertise in holistic medicine and ability to apply appropriate research methodology may lead to delineation of guidelines based on clinical holistic medicine that may indeed fruitfully lead to successful interventions culminating into behavioral changes in children) (Biomedical solutions have been ineffective in controlling these problems, although these have been able to deliver the factors that cause childhood obesity. Behavioral theories pertinent to holistic medicine indicate that lifestyle change is a matter of behavioral modification, which may be initiated by awareness about the factors related to the problem, but sustenance of these changed behaviors must have an element of self-effort on the part of individuals at risk or already affected) Holistic family interventions to modify

Terror management theory

Terror management theory The effects of terror management theory on political decisions Summary The terror management theory suggests that feelings of anxiety and fear are caused by thoughts of death (mortality salience) which may affect our thoughts, decisions and actions. The fear/anxiety caused triggers off defence mechanisms which cause individuals to feel closer to their beliefs and what they regard as a good and valued way of living (cultural worldview). The study will be looking at how the manipulation of mortality salience affects the ratings of two world leaders, predicting that they will rate highest the world leader which identifies the most with their cultural worldview. The participants will be British University students and the design of the study is an independent measures design. The participants will be asked to fill in an identification scale on being British, a word search where the experimental condition will contain mortality salience and the control condition will not, they will also be asked to fill in small maths calculations and they will be finally as ked to rate two world leaders (Englands prime minister Gordon Brown and Russias president Dmitry Medvedev) on a scale indicating how strongly they feel about the statements about each world leader. The ethical issues in the experiment are confidentiality, informed consent, anonymity, mortality salience and the use of findings. These issues will be dealt with by gaining presumed consent, the right to withdraw from the experiment at any time and debriefing each participant at the end to make sure they are comfortable and satisfied with the information they provided. Mortality salience will be kept as minimal as possible via using a word search and a distracter task which will be used afterwards to ensure that as little harm or no harm at all is caused to the participants. Introduction Terror management theory was developed by Jeff Greenberg, Sheldon Solomon and Tom Pyszczynski and is based on death. Humans are unique as they are the only living species that are aware of their inevitable death and this causes fear (terror) which would make carrying on with daily tasks impossible. Therefore, it is suggested that when an individual is reminded of death (mortality salience) they instantly use two defence mechanisms to protect themselves and get rid of these thoughts of death. The first defence mechanism is when an individual has their own personal views and standards on how they should live their life and therefore, individuals strive to meet those standards to feel as valued members of society (cultural worldview). Culture also provides individuals with symbolic immortality such as, being part of families and ethnic groups, because even after their mortality these groups will still exist and individuals will still be remembered as parts of them. The second defence me chanism is self-esteem which reduces anxiety when self-esteem is high and this is achieved by individuals believing and maintaining that they live up to the standards that are parts of their cultural worldview. When individuals are successful this causes high self-esteem which reduces the anxiety caused by threats. Furthermore, when others have the same cultural worldview as ours (in groupers) it suggests that our view is right and we need this confirmation from others to keep believing in our cultural worldviews. However, defence mechanisms are triggered off when there are threats against ones world view and beliefs. The thought of death and other individuals with different cultural worldviews (out groupers) could challenge our beliefs leaving us with feelings of anxiety which makes individuals want to live up to their cultural worldviews even more. Many studies have tested the mortality salience hypothesis such as Rosenblatt, Greenberg, Solomon, Pyszczynski and Lyon (1989) who used twenty two judges in a study where half of the judges were reminded of their own death (mortality salience), before setting bail to a prostitute and the other half were not. The judges who were reminded of their death set bail at $450 and judges who were not reminded of their death set bail at $50. This shows that the knowledge of death causes individuals to maintain their cultural worldviews which is reflected onto the amount of bail set as generally prostitution would be seen as wrong in many individuals cultural worldview. The terror management theory also assumes that when people are reminded of death this affects their decisions towards certain important issues such as politics. Studies show that when mortality is salient many individuals support people with the same political views as their selves and act hostile and negatively towards people with different political views. For example, Landau et al. (2004) found that when individuals were reminded of the 9/11 attacks they seemed to be more supportive of President Bush whereas, in control conditions less than half supported his decisions. This shows us that the thought of death can have effects on our political decisions and views and this knowledge of fear seems to be used by politicians to receive more support from the public. Other studies have also showed that death increases nationalism. In one study on American participants, when they were reminded of death they were more positive towards people who thought positively of America and were more negative towards people who thought negatively of America (Greenberg et al.,1990). Different countries also found similar results such as in Germany when Germans were reminded of death they sat closer to other Germans and sat further away from Turks (Ochsman and Mathay, 1994). These studies show us that when individuals are afraid of their mortality they feel closer to their cultural worldviews than ever before as a way of protecting themselves. This causes attitudes and beliefs to strengthen which in turn causes individuals to view any other belief as wrong and negative. This may cause extreme behaviour such as terrorist attacks, hate crimes and violence. As a result of all of these, individuals would feel closer to a president who knows exactly what they are doing, are devoted and sending out a strong message. Rationale (purpose) and aims of study: The aim of the study is to show that thoughts of death affect our lives and the decisions we make, including decisions about politics. The study will be testing to see how British participants will react towards their very own world leader prime minister Gordon Brown and another world leader, Dmitry Medvedev Russias president. Participants should prefer Gordon Brown rather than the other world leader when reminded of death as he is closer to their cultural worldview. Research questions: When mortality threat is salient will individuals have a stronger attitude towards their beliefs and their cultural worldview? Hypotheses: Individuals political orientation will be closer to their cultural worldview when mortality threat is salient. Method: How hypotheses addresses aims of study: The aim of the study is to show that thoughts of death affect our political decisions as well as general decisions and the hypotheses relates to this as it is suggesting that individuals will feel closer to the world leader which identifies with their cultural worldview the most. Operationalised variables: 1) Mortality salience is manipulated by the word searches, ones neutral; one has death related words and 2) asked to rate world leaders on a scale about whether they are good/satisfying world leaders. Design: The participants will be randomly assigned and the design used will be an independent sample design, as different participants will be used for the two different conditions. The independent variables are the manipulation of the mortality salience (control condition and experimental condition) and the two different world leaders. The dependent variable is the results from the rating scales of the two different world leaders. Participants: British university students, male and female. Around 50 participants will be used. Materials: Identification scale, two word searches, small maths calculations and profiles of the two world leaders including the rating scale. Procedure: First of all participants will be seated and the first thing they will fill out is their gender, age and an identification scale on how British and close to their culture they feel. Then they will do a word search, however, there will be two conditions in the experiment one will be the controlled condition where participants will receive a normal word search and will not involve mortality salience, whereas, the experimental condition will involve mortality salience. After the word searches participants will work out small maths calculations, then they will receive profiles of two world leaders one is Gordon Brown Englands prime minister and the other is Dmitry Medvedev Russias president. In order to eliminate the effect of order effects I will have some profiles with Gordon Brown presented first than Dmitry Medvedev and vice versa. Participants will have to rate the statements of the world leaders on a scale indicating how strongly they feel about each one. Ethical issues: The ethical issues in the experiment are confidentiality, informed consent, anonymity, mortality salience and the use of findings. These issues will be dealt with by gaining presumed consent, the right to withdraw from the experiment at any time and debriefing each participant at the end to make sure they are comfortable and satisfied with the information they provided. Mortality salience will be kept as minimal as possible via using a word search and a distracter task will be used afterwards to ensure that as little harm or no harm at all is caused to the participants. Analysis of results: The results will be analysed by a 2 by 2 mixed factor Anova. The IVs are mortality salience (experimental condition and controlled condition) and the world leaders (Gordon Brown and Dmitry Medvedev). Schedule for completion of project: Collect all data by December Analysis of data in the Christmas break Write up of results and report January/Febuary till March

Marketing Plan for a Cosmetics Company Essay -- Business Marketing Fin

Marketing Plan for a Cosmetics Company EXECUTIVE SUMMARY.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  CosmoCosmetics.   Ã‚  Ã‚  Ã‚  Ã‚  1389 Sunshine Ave.   Ã‚  Ã‚  Ã‚  Ã‚  Fort Lauderdale , Fl 34587   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  CosmoCosmetics has decided to create a new foundation make up line for African American women exclusively. We believe there is a niche for this type of business since no make up brands specialise in this target.   Ã‚  Ã‚  Ã‚  Ã‚  CosmoCOsmetics would be the exclusive manufacturer that sells to cosmetic retailers.   Ã‚  Ã‚  Ã‚  Ã‚  Not only would emphasise on the variety of colours but also the packaging of the product. 1.  Ã‚  Ã‚  Ã‚  Ã‚  The colours would be adjusted to this type of skin( a wide variety of darker colours ) 2.  Ã‚  Ã‚  Ã‚  Ã‚  The make up would be offered as a spray, a completely new format in the make up industry. A Compact size that doesn?t occupy any space in the hand bag, extremely easy to use and achieves the best natural and professional results any woman would dream of.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  After studying the cosmetic market we can identify a series of needs in this market: 1.  Ã‚  Ã‚  Ã‚  Ã‚  EASE OF USE 2.  Ã‚  Ã‚  Ã‚  Ã‚  AVAILABILITY 3.  Ã‚  Ã‚  Ã‚  Ã‚  PORTABILITY 4.  Ã‚  Ã‚  Ã‚  Ã‚  VARIETY OF COLORS 5.  Ã‚  Ã‚  Ã‚  Ã‚  DURABLE Our Spray Foundation would meet these needs by offering: 1)  Ã‚  Ã‚  Ã‚  Ã‚  Spray packaging with a diffuser. 2)  Ã‚  Ã‚  Ã‚  Ã‚  Big cosmetic retailers across South Florida, near business areas and suburbs (Miami Downtown, North Miami Fort Lauderdale, West Palm Beach. 3)  Ã‚  Ã‚  Ã‚  Ã‚  Compact size: 30 ml.(doesn?t occupy much space in the lady?s purse). 4)  Ã‚  Ã‚  Ã‚  Ã‚  Variety of colours adjusted to their type of skin tone. 5)  Ã‚  Ã‚  Ã‚  Ã‚  Long Durability: Just needs to be applied once a day, for long lasting results. The combination of powder + minerals will make the makeup last longer leaving a moisturized and natural look. Market. Household and personal care product companies are making efforts to stimulate sales in a variety of ways, such as entering new markets, creating new product categories, adding new distribution channels, and acquiring (and divesting) businesses to be able to compete in this highly competitive industry. Over the last decade, sales at general merchandise stores, pharmacies and drugstores, have grown at average annual rates of 6.0% and 7.5%, respectively, according to US Census Bureau retail trade data. The US and Western European markets are reaching saturation- therefore cosmetic companies see the future markets for their products in Central and Eastern Europe, Chi... ...lenge for us. Break-even (units)= ($116.400 + $32.000)/ $23= 6.453 units /quarter Break-even sales ($)= 6.453*28.5= $183.911 Total Revenue from sales   Ã‚  Ã‚  Ã‚  Ã‚   $183.911 Cost of goods sold  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚   $43.500   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  ------------- Gross profit  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   $140.411 Calculating the ratio of variable expenses to net sales The percentage is $43.500/ $183.911 = 23.65% Cosmo-cosmetics Co. uses $0.246 out of every sale dollar to cover variable expenses, leaving $0.753 as a contribution margin to cover fixed costs and make a profit. (Note: 75.3% is the contribution margin as a percentage of sales) Break-even sales = $116.400/ 0.753 = $154.582 Thus, Cosmo-cosmetics will break even with sales of $154.582 Break-even Chart We would expect a sales level of $183.911 (Point A= Income) Income & Expenses Sales Volume The break-even point is located in the intersection between the total expense line and the revenue line. As it is shows, Cosmo-cosmetics operates at a sales Volume to the right of the break-even point (point A), this means that it would earn a profit because the revenue line lies above the expense line over this range ?Profit area?