Business Overview of Amway Essay Example | Topics and Well Written Essays - 1250 words

Business Overview of Amway - Essay Example This has been a prudent approach in business as it has enhanced its performance all over the world (Jones 23). Apparently, the company has been recording a positive growth over the last seven years. In the recent reported sales, it was declared that the company made sales amounting to over 11 billion USD. This shows that it is a company that is on the helm of attaining greater performance. According to Forbes, the company was ranked as one of the largest private companies in the United States clinching number 25 in 2012. Similarly, Deloitte ranked it number 114 among the largest global retailers in the year 2006. Market Advantages. Amway is a company that has been appreciating a larger market share with each passing year. This poses an advantage to the company as it accrues greater sales. This is a market advantage for the company as it increases its sales (Deangelo 12). Due to globalization, the company has spread its company affiliations in many other countries. This is an added ad vantage as it gets greater demand for its products. For instance, the company has spread its market share in over 100 countries and territories in the world. This creates a substantial demand for its products since there are many people that will create a demand for the products in all these countries. Similarly, the approach of using other companies to sell its products has been to the advantage, since it has many retailers and outlets (LLC Books 13). This creates a large supply chain of the products all over the market. As such, the company continues to make greater sales, which is an advantage over other retailers in the market. Amway is a company that has substantial amounts of capital for investments, mergers and takeovers. As such, it has the resources that are needed to extend its market share. This has made it possible for the company to make international expansion. This poses an advantage to the company as it increases the demand market for its products. When there is suff icient capital, the business makes initiatives of investing in providing other products that enhance its performance. Similarly, the company has a vital resource which is labor (Jones 32). It has more than 20, 000 employees who are vital in fostering development. With such a large number of employees, the company is likely to make a positive accrual in its business. This is due to the efficient and sufficient labor that is available. This states the reason why the business has been marking an improving in a seven year streak. Amway is headed by a competent management team. The performance of a company is dependent on the management team. Therefore, a company that has a competent management team is likely to make greater performance in the market. This is one of the strategies that are used by Amway (LLC Books 11). Through the leadership of Andel and Devos, the company has been able to incorporate a perfect management team that deals with its operations. As such, the company has been making positive performance and an improvement over time. Similarly, it has its headquarters in Michigan, which is a strategic place. This makes operations easier as the company focuses more on making an improvement. Branding. A business is determined by the performance of its brands in the market. Strong brands in the market reflect a positive accrual to a business as they attract a larger market niche. To begin with, Amway has a number of well performing brands in the m

Preparing a Budget Request Assignment Example | Topics and Well Written Essays - 1000 words

Preparing a Budget Request - Assignment Example However, the rising population could make it hard for the police to carry out their duties as effectively as they should. There have been reports that the crime rate in the downtown area has gone up. I wish to request three to five additional police officers for the city. This will ensure that crime rate is at a minimal level and the officers are not overworked (Mikesell, 2010). Currently the town’s police department has 30 uniformed officers and 12 support staff. This translates to a ratio of 1 police officer for every 2,500 residents. Studies have shown that places with higher populations are likely to harbor more crime than less populated areas. In this town, the population is increasing at a steady rate, which means that the likelihood of increased crime is a reality that needs to be dealt with as early and as fast as possible (Reif-Lehrer, 2005). The town residents are well aware that the police department is currently understaffed. Individuals who are out to cause troubl e also know this. The downtown area is most vulnerable to crime due to the businesses situated in the area. Most of the economy of this town depend son the retail trade that is solely centered on the downtown area. If crime rate around this downtown area goes unchecked, the businesses will suffer, and so will the economy of the town. The other areas are relatively secure and regular police patrols do ensure that law and order are maintained at all times. An additional three or more police officers would ensure that business in the downtown area continues without people fearing that they might loose business due to crime. Currently the officers are overwhelmed with work, and this situation is not likely to become any better due to the increasing population. The town does need more officers on patrol, especially at night. Due to the shortage the police department is facing at the moment, most officers are forced to work over time past their designated shifts. The department has not ha d any extra officers for the last six years, despite the fact that the work load has been increasing during the same duration. Most of these officers are family men and women while others have other commitments. We have tried to reassign some of the duties performed by uniformed officers to other employees, but this strategy has failed to make the work of the officers any less. It would therefore be futile to continue in this line of action since it will not bear fruit (Reif-Lehrer, 2005). As chief of police, I was aware of the growing need for additional officers. I had tried to request for more officers last year, but my request was not granted. The manager has already been briefed of this growing workload situation. With three to five more police officer, the work load in the department will go down. Work will be distributed equitably among all the officers so that no one will have to spend more time at work than other officers. Failure to fund this request may have multiple nega tive effects on the department and the town’s residents. The officers available for duty will continue to suffer under too much pressure due to too much work. If the extra officers do not come within the year, we will have to disregard some duties and concentrate on the most pressing of the town’s security needs. This will bring on another problem: that of inefficiency (Kemp and Dunbar, 2003). The department will need to perform exemplarily in all its responsibilities for the greater good of the community. This is an urgent