Preview

Negative AA

Powerful Essays
Open Document
Open Document
1479 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Negative AA
Trip Report
Kasem Bundit University

Air Orchid Market
Class: Entrepreneurship

By
Anan Visetkaew
ID: 555104412847

The Trip Date: 22/01/14
Due Date: 27/01/14

Trip Report
Air Orchid Market

My journey to orchid farm in Nakorn Prathom began on Wednesday 22nd on January 2014. On the very cold day, especially in the beautiful morning, I took all my preparation for taking note that will be done on my cell-phone due to the fact that I was more comfortable for taking pictures and note on.

Key Success of the Business

1. The business focuses on the low cost to produce. In the starting point of the business, the owner looks forward to save the budget as much as possible but producing good outcome that satisfies customers’ demand.

2. The owner is concern about the standard control of running orchid market. He makes sure that all workers do a good job from the beginning to the end of each day. In addition to the quality control, the owner knows that the ability to arrange and task distribution can enhance the business standard. That of course, the business has been keeping in a good condition for more than 20 years.

3. The major point to do all business cannot leave the fact about being sincere and honest. The business cannot focus on getting only benefit from the business without conforming to the human right by the customers. Therefore, its quite plain to understand by all visitors in the orchid market to his business that his products are made naturally with the intend to cause less disadvantage to his customers

4. Learning to recognize the problems before they face them is the most important key success of all. The owner already knew that he still has some difficulties when encountering with the different workers from different nationalities. Those workers surely come with only a little experience to grow orchid plants. Of course, most of his workers do not find it easy to train the new workers by using different language.

You May Also Find These Documents Helpful

  • Powerful Essays

    Mg375 Midterm Study Guide

    • 2949 Words
    • 12 Pages

    Cost or price: One of the competitive dimensions used to attract customers. Make the product or deliver the service cheap. Every industry has a segment of the market that buys solely on the basis of low price. To be successful, a firm must be a low-cost producer; not a guarantee of profitability and success. Products and services are commodity like; cannot distinguish one from the other. Segment of…

    • 2949 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    3. Companies hope to lower their overall cost structure or improve the quality or functionality of their product offering which allows them to compete more effectively by engaging in…

    • 2069 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Business National P1, M1, D1

    • 2980 Words
    • 12 Pages

    Business environment is all about the combination of internal and external factors that may influence a business’ ways of operating such as: clients, suppliers, its competitors... stakeholders decide to start a business for many reasons: to pursue an interest or a hobby, mainly: to be their own boss. In other terms, people think that being your own boss, mainly as a sole trader gives you many opportunities although there are drawbacks as well. They also have interest in business they want to be successful.…

    • 2980 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    capsim strategies

    • 2515 Words
    • 9 Pages

    Low-priced products for the industry: Our brands offer solid value. Our stakeholders are bondholders, customers, stockholders and management.…

    • 2515 Words
    • 9 Pages
    Good Essays
  • Good Essays

    BUSS3 notes

    • 7318 Words
    • 30 Pages

    A business that reduces its costs can benefit in two ways; keeping prices the same therefore having a higher profit margin, or reducing the selling price to attract more customers. E.g.…

    • 7318 Words
    • 30 Pages
    Good Essays
  • Good Essays

    Calyx & Corolla

    • 895 Words
    • 4 Pages

    The traditional distribution chain for the fresh flower market is: grower, distributor, wholesaler, retailer and finally the consumer. As a result of the number of participants in this structure, a flower may be as much as seven to ten days old before it is available for sale in a retail store. Additionally, the industry participants do not confine themselves to a single role. For example, most growers distribute some flowers directly to local or more distant wholesalers, and many distributors and wholesalers engage in some of their own production. The fragmentation within the channels of distribution results in a rather inefficient distribution system. This gap in the fresh flower market structure was noticed by Ruth Owades who capitalized by creating Calyx & Corolla (C&C), which is a true departure from traditional channels of distribution. The business model of C&C is as follows: orders from customers are received by telephone, fax, or mail at the central office in San Francisco and then sent via fax or computer to the thirty flower growers who supply C&C. The growers, in turn, pack and ship individual orders and send them directly to consumers by Federal Express. As a result, C&C is able to substantially reduce the time it takes to deliver flowers to the consumer's door, typically only a few days after the flowers have been cut.…

    • 895 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Negative Letter

    • 288 Words
    • 2 Pages

    It was greatly appreciated that your family toured and was interested in a time share condominium down here, however I apologize that we are unable to accept your application due to the fact that you do not hold any sort of credit. All you need to do is develop a good line of credit over about a year's time and our creditors will surely approve you. There would be many other benefits to building good credit as well because of the chance to invest in life long treasures.…

    • 288 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The company anticipates modest first year total revenue with the opportunity to increase Year Two revenue dramatically because of Valentine's Day sales. A Study indicates that a population of 10,000 is necessary to support a traditional retail florist; therefore, it is important to point out that Flower Patch will not be a typical retail florist. In Years One to Three of Flower Patch's development, the company will not depend on retail traffic, but will instead use technology and savvy marketing programs to target ideal, repeat buyers.…

    • 3278 Words
    • 14 Pages
    Good Essays
  • Good Essays

    * The production concept – this concept concentrate on how their consumers would like the product to be which would be lower price and wildly available which means they have to manage their production management and consider the economies.…

    • 3790 Words
    • 16 Pages
    Good Essays
  • Good Essays

    Cost:- Within every industry, there is usually a segment of the market that buys strictly on the basis of low cost. To successfully compete in this niche, a firm must necessarily, therefore, be the low-cost producer. But, as noted earlier, even doing this doesn’t always guarantee profitability and success.…

    • 1030 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Hereinafter this project will be considered as a separate e-business model which I would like to present.…

    • 1319 Words
    • 6 Pages
    Good Essays
  • Better Essays

    A number of factors are important in order to start a successful business. Here an effort is made to describe some of the key factors.…

    • 1615 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    This assignment is worth 30% of the final mark for BUS357e Starting & Managing a Business.…

    • 1100 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Small Business Managment

    • 4868 Words
    • 20 Pages

    The four primary personal objectives of small business owners, according to the text, are to achieve independence, obtain additional income, help their families, and provide products not available anywhere else. Achieving Independence is the main objective in starting a new business because people start businesses to be there own boss, to have creative freedom and be able to express their ideas how they want to. People also start businesses to obtain additional income. Some people what extra money on top of the money they already make, and some people are looking for a whole new job life where they can make more money then they were making at their old job. Another personal objective when staring a new business is to help their families. Many people start businesses to have more money to help support their families or they may take over a family owned business to take some of the stress off their family. The last personal objective is to provide products that aren’t available elsewhere.…

    • 4868 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    feasibility study

    • 1799 Words
    • 8 Pages

    In every proposed development, the general principle when starting a business, having decided which product to make, is to conduct market research and produce a draft feasibility study. If the business appears to be profitable, produce a business plan, obtain credit where necessary and register the business with taxation and local government authorities. Then establish production facilities, develop contracts or agreements with suppliers and customers and manage the routine production of the products. Continually review and update business plans to take account of the actions of competitors or changing markets.…

    • 1799 Words
    • 8 Pages
    Powerful Essays