Preview

Statistics Final Paper

Powerful Essays
Open Document
Open Document
1650 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Statistics Final Paper
Business Problem Proposal
Abstract
Amed Lopez Construction started on June 15, 2005. This construction company has grown from a residential small job company to a business small job construction company. Amed Lopez Construction has grown incredibly in the last few months that it cannot continue with the same structure and administration. The company is at a stage where it needs to restructure to continue its growth successfully and expand its horizons.
Profits in any company are the base of growth and everything involved in increasing its market. Currently, Amed Lopez Construction has twenty-four laborers with Amed, the owner, supervising five different projects. Amed needs to start using sub-contractors for the large projects coming in so that he won't get absorbed and stop growing so that each project can be supervised more efficiently. The company requires growing intelligently and organized so that the results are effective.
Problem Statement Amed Lopez Construction will transition from a small projects-based company to a large projects-based company due to its high demand of work and opportunity to grow. With the proper hiring and structure Amed Lopez Construction will have the opportunity to achieve market dominance in the construction industry and achieve future profitability.
Value Statement The research is worth doing because it will give a small business an opportunity to grow successfully and effectively. At the same rate it will give the current key employees an opportunity for growth.
Business Problem Proposal 3
Background
The current state that Amed Lopez Construction is in will not allow for other projects and current projects will require Amed to stay at the job sites more time leaving some projects unattended. Every company's priority is to make the customer happy in order to make money. This opportunity relates to an organizational management concern because compliance will be an issue if the projects are not supervised and

You May Also Find These Documents Helpful

  • Powerful Essays

    TCSCK Investment Company 's scenario poses the question: Is there a significant difference in price between the condominiums closer to the city compared to those further away from the city? The dependent variable is the price of the condominiums and the independent variable is distance from the city.…

    • 1418 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    In chapters three and four I found the examples to be very interesting. Not only did they show a way of incorporating the lesson they also showed us wording, punctuation, format, and on top of that, they were very interesting clips from what I am sure would be great complete essays. The fact that statistics are not always reliable is something I knew but I was glad that it was reiterated in the book. Something I did not realize was that you could draw a picture with words and it is called an illustration, this was very interesting to me.…

    • 716 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    The contemplated expansion of Aget is advisable. It is important to note that the global market in the field of construction is contemplated to have a 22.6% increase within the period of up to 2008. Considering the financial structure of Aget being strong and stable, as depicted on their profit and loss account that shows a marginal increase from the year 2003, it is advisable that they invest in Lebanon, Kuwait, and UAE. With a low utilization rate of 76%, Aget has excess capacity that it has not utilized, which makes it not able to fully utilize its profit margin. Similarly, Aget has maintained a feasible market position in the Middle East that has been made possible due to as a result of distinctive futures. Having already built a good image that has already penetrated in…

    • 2607 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Ghost Stories

    • 749 Words
    • 3 Pages

    * Ask from the headquarter construction firm to provide him a number of workers either from the main office or countries around to enable the project to be finished in predefined time frame. However, administrative staff coordination may cause the project excessive cost.…

    • 749 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Strategic Issues

    • 1702 Words
    • 5 Pages

    Strategic Issues University of Phoenix MBA 590 June 15, 2009 Strategic Issues In order to have a successful business, every organization must understand both their capabilities and their risks within the industry. Successful strategies will align the organizations mission with their processes in order to meet their customers needs. Strategic positioning requires an organization to recognize and continuously evaluate both short and long-term change and their effects. In recognizing and evaluating their effects, an organization can adjust the strategy for success. With construction costs and customer discontentment rising, strategic issues to content with are performance and design within the industry is critical. By analyzing the strategic issues of other organizations within the industry, H. G. Construction can learn what their organization will face in the future and be to apply this knowledge to their own organization to plan for success. Alligator Construction Alligator Construction originated in 2000 in Hobart, Indiana (Ferner, 2009). Alligator Construction held their grand opening of their showroom in their downtown area in 2008 (Ferner, 2009). Alligator Construction takes pride in actively participating in community outreach programs, focuses on offering quality products at competitive prices for their customers. Alligator Construction focuses on training their contractors to provide detail and craftsmanship within their work. According to Ferner (2009), They are members of Lake and Porter County Builders Associations, Chamber of Commerce, PTO, Better Business Bureau, Supporter of the Lupus Foundation of America, Participants of neighborhoods flooding of 2008 (para. 1). Strategic issues that Alligator Construction is facing are the surrounding industrys expanding competition with many other construction companies within the area. Many small construction businesses are located within the same area. These competing construction companies are competing for…

    • 1702 Words
    • 5 Pages
    Best Essays
  • Good Essays

    1. El Sahd Construction Company is prosperous, with an excellent reputation in a timely and cost-effective way on major construction projects in the Middle East.…

    • 706 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Cmr Enterprises

    • 1322 Words
    • 6 Pages

    The budding entrepreneur Sam Marcus along with investor Mr. Walter saw the potential of dynamic growth in Mike’s cabinet making company and purchased a small 25 year old cabinet-making company from its founder 2 year earlier. The company competed in basically two segments, commercial and residential construction markets. Sam envisioned the company to grow to 70 Million in sales by 2007. Though commercial market offered the growth opportunity, the operating cycles were rigid because of bidding process which only has 32 % success ratio. On the other hand, the residential market was small but has the ‘got’ ratio of 70 %.…

    • 1322 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Mexican Quilt

    • 1948 Words
    • 8 Pages

    Was Linderman Industries' adoption of project organization an appropriate one for getting the Mexican subsidiary started?…

    • 1948 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    completing projects on time and with high quantity construction. The company’s Chairman is a rich…

    • 423 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    On March 1987, when Mr. Roy Roxas was assigned as the project manager of Metropolitan Housing Project Company (MHPC), the company had been performing poorly given that their cash balance was merely Php 110,755 and in comparison, its liabilities amounted to Php 13.75 million. Mr. Roy Roxas plans to improve the performance level of the company through his four-point objective in his 3-year plan.…

    • 1615 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Currently, there are more constructions that are happening in Ortigas that caters to different businesses like the…

    • 12443 Words
    • 50 Pages
    Powerful Essays
  • Powerful Essays

    Tamer CDR

    • 6884 Words
    • 26 Pages

    1.3 It was a great challenge for me to start my career with such a firm and with such a reputable company. The Firm consists of two main separate departments; one department was responsible for Design of Projects and preparing the tender documents while the other was responsible for the Project’s supervision during execution of works. While working on the project design I had to follow up on the execution of works on site by conducting meetings with different departments.…

    • 6884 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    Fitzberg Tire Company

    • 796 Words
    • 4 Pages

    The Fitzburg Tire Company's construction manager, Max Bierman, has been working on a plant in Cuernavaca, Mexico. This plant is Bierman's first assignment outside the U.S. and it is not going according to his expectations. After merely three months, the project is running behind schedule and overriding its forecasted budget. The occurring…

    • 796 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Sample Individual Paper

    • 405 Words
    • 2 Pages

    Juan Tamad Management Dynamics March 25, 2008 Planning XYZ Corporation XYZ Corporation consist of rental properties in real estate. XYZ Corporation let tenants rent aparrtments for a specific amount of time which depends on the tenants contract. XYZ Corporation also rent rooms for computer school. XYZ also rent properties to Allied Bank ,Goldilocks, Star shop and other commercial businesses. The purpose of this topic is to inform XYZ’s Corporation of how to expand its businesses and more market for tenants for rental properties. The options are by mergers, acquisition of other businesses and partnership opportunities. My main reaction to this case study in XYZ Corporation is shocking . Because of rising subdivisions and housing programs today. XYZ Corporation can make an analysis and make strategic plans to come up with solutions or alternative options for the current problems. XYZ company earn for the last three decades. The problems right now in XYZ company are a.)Stagnation b.)The hiring of new batch of employees c.)Decline of market d)Competitive price of rental and commercial properties. XYZ company is in stagnation .Tenants nowadays prefer to buy a house then pay rent for its residence. XYZ company were hiring new batch of employees to replace the aging employees who worked for his company for the last thirty years.…

    • 405 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Statistics Paper

    • 4619 Words
    • 19 Pages

    Figure A.5: Proportions of the Factors Which Affect the Buying Preferences of the Respondents for an Essential Product such as Shampoo…

    • 4619 Words
    • 19 Pages
    Better Essays