Explore BrainMass
Share

Business Management

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Imagine you have your own business, and sell online and have a store-front.
Analyze the amount, types, options, location, and speed of communications you practice at your job. How it applies to your work environment in a 700-1050 word paper. Include your communication analysis. Please make sure that you double-space your paper, follow APA guidelines.

© BrainMass Inc. brainmass.com October 25, 2018, 1:23 am ad1c9bdddf
https://brainmass.com/business/human-resources-management/business-management-261142

Solution Preview

The response address the queries posted in 1066 words with references.

// We know that communications are an important part of a business and managing a business, well, requires the communication to be effective. In this paper, we will analyze the aspects related to communication such as the amount, type, options and speed, talking of an online business: //

We are considering the situation of an online business and the communications that are involved for managing the business with the customers and with the employees. It is an evident fact that there has been a sizeable growth in the number of people using the internet in the last few years. Most activities are now done through the help of internet, whether it be ordering food or shopping without having to visit the stores, physically. People prefer the convenience of the options available, which has resulted in a lot of companies that manage their businesses wholly through the use of this media and even large business houses that are in operation outside, have some of their interactions managed through the internet (Falconer, 2009).

The effectiveness of a business depends to a large extent on how well the communications are managed, and this is true regardless of the type of organization. If running a business online, it becomes all the more important to take care of the communications. In a regular workplace setting, the communication also involves informal conversations; but in the case of managing the business online, it is important to structure the communication efforts through regular methods such as scheduled phone conversations, e-mails and periodic face-to-face meetings (Innis, Heneman & Greenberger, 2002). In the same way, as a business is managed, using technology can further keep the lines of communication open and flowing.

// We have discussed so ...

Solution Summary

The response address the queries posted in 1066 words with references.

$2.19
See Also This Related BrainMass Solution

Organizational Chart - International Business Management

Healthcare in Taiwan

Mert Atakan
Joey Brito
Damien Gonsavlez
Patricia Jimenez
Jeff Pucci

Our company will be a small niche medical company located in Taiwan. The company will employ about 60 people. These employees will consist of operations personnel and company staff such as Medical Doctors, Occupational Medical Director, Registered Nurses, Employee Health Safety staff, and Benefits Advisor. The building itself will have three floors with the main floor being for prescription drug storage, customer service, and offices, while bottom floor contains more offices is primarily for rehabilitation for the elderly and the upper floor will be used for laboratory research and development and diagnostics
The products that the company will hold are products that are affiliated with the ongoing health issues in Taiwan such as, heart disease, cancer, and rehabilitation. The product that will be held for heart disease will consist of Accupril, Inspra, and Norvasc. These medicines are the most prescribed brand name high blood pressure medicines worldwide. They help to treat high blood pressure, heart failure, and easy blood flow through arteries. Cancer products will consist of Aromasin, Camptosar, and Ellence. These medicines are used for the treatment of breast cancer, colon cancer, and the rid of any tumor cells in the body.
With the continuing health concerns in Taiwan the National Health Insurance program accounts for more than 60 percent of all health costs. Taiwan is also very advanced in technology and with that technology used for research and development our company seeks to make substantial profits.
The company will like to expand internationally for various reasons. Taiwan's economy is ranked among the 20 largest in the US. And at the same time, Taiwan also has an increasingly growing population which is spending a big amount of their income on healthcare. There is strong demand in Taiwan for numerous medial products and services. Some of which include those related to orthopedics, rehabilitation, cardiology, and diagnosis particularly pertaining to cancer. Additionally, due to increased male and female life expectancy in Taiwan, the demand for medial products for senior citizens continues to grow. In part, the United States has exported approximately USD 161 million in medial products to Taiwan in 2003 1. For this reason, a distributor in Taiwan can assist US exporters with the process.
Taiwan's market offers ample opportunities for US firms to profit from a strong and growing demand for advanced medical supplies. They have an aging population together combined with other factors such as high population density. In 2004, the average per capita expenditure on healthcare was US$847 of a total per capita GDP of $13,529 2.
Our company will profit from the sales of medial products for the elderly, more specifically for heart disease and cancer patients, two of the leading causes of death in Taiwan. In Taiwan, the overall medical device market is projected to grow at a rate of 3-5 percent per year while implantable devices grow at an annual rate of 6-10 percent2.
The Taiwan market for implantable devices has been growing rapidly as a result of their growing elderly population and patients increased awareness of new implant technologies. One of our company's major forces for improving the healthcare of Taiwan's population are the new innovations in medial devices. Cardiovascular and hear diseases are the two leading causes of death in Taiwan that have highly contributed for the demand of heart implants. The Taiwan market's demand for implantable medical devices was forecasted to reach approximately US$123.4 million in 2005. The market demand grew 29.5 percent from its previous years2. For years the US supplies 90% of Taiwan's vascular grafts, 80% of ACID and artificial heart valves and 70% of intraocular lenses2. Taiwan's economy continues to grow steadily and our company is looking forward to expanding internationally to Taiwan.
Taiwan is the seventh largest trading partner of the US with over US$50 billion in two-way trade . The region is an excellent market for many types of products and services and our company will take advantage of this opportunity. In conclusion, we will provide medical products that will improve the healthcare technologies sector.

(See attached files for full problem description)

View Full Posting Details