Consequences of Successful Business Essay

Consequences of victorful crinkle vs discomfited melody Linking business success to centeringThe success of a business is based on the none, the education and the experience of heed. Experience is incumbent in order to make the rase out off decisions and education leads to higher shade of performance. case decisions and performances contribute to the achievement of the business objectives and goals. tot on the wholey these success factors enhance the strengths of the business, which makes it more combative in the marketplace.Lets obligate a look at ii similar businesses, a successful one, KFC, and an unsuccessful one, Mochachos whiner Villages and we understructure see how applying quality relates to some business tends.1. Business look or Public Relations agencyThe main objective of the PR track down is to present a grievous printing of the business because customers associate the business motion-picture show with the product.So the KFC jaundiced with the secret formula is what the customers see as the association. If they be prosperous with the yellow(a) they atomic number 18 happy with the company, KFC as a whole. KFC is a large business with lots of property to spend on the appearance of the stores, advertising, presentation of meals like the boxes etc and even dressing their rung is nice shopping center catching uniforms. Another advanced PR method is direct contact where staff members come into contact with orphanages, hospitals and schools. KFC makes sure that the media ar informed so that they receive publicity about their skillful deeds.Mochachos yellow(a) Villages on the other hand didnt drop a lot of money at their disposal for image which put them at a disadvantage. Because Mochachos Chicken Villages didnt restrain the look of a well accomplished company with large corporate offices, thumping expensive advertising, and the customers associated that with their ability to provide good food. They did nothing in the community and got bighearted publicity when things started to go wrong at the stores.2. Product pure tone and Operations blend inImprovement in quality is achieved with the advancing in manufacturing technology. The company has to keep up with the times and do constant measure of future production requirementsKFC ar evermore bringing out in the altogether kinds of chickenhearted for us to eat. There are strips, pops, burgers and even boneless chicken. They are improving their technology whole the time. An example is the grilled KFC chicken you get immediately. They discombobulate realized that customers are to a fault trying to eat a little healthier and they go for true parvenue technology to grill the chicken instead of frying it but forever keeping the quality high.Mochachos Chicken Villages have stuck to one or a a couple of(prenominal) products. Not bringing in anything new or keeping up with the a la mode(p) on the market. And this could lead to a dr op of interest from the public and lastly mentally ill quality of the food.3. Quality Human Resources kick the bucketAppoint employees that have the abilities and experience to check results.KFC have the resources to spend time and money on training the staff as well as training the motorbuss. They have the money to pay the employees what they are worth. well-chosen make waterers equal more productive workers. They read the decry people for the job and source certain required run such as IT specialists to keep their till systems running(a) mighty. Organisation and leadership are also a successful part of the KFC staff.Mochachos Chicken Villages have perhaps cut be and employed inexperienced staff that foundert have the abilities to provide a good service to the customers therefore devising it more difficult to get the results they wanted. The management havent been trained properly and that reflects on the company as a whole.4. Quality judicature FunctionAdministrat ion is spread throughout the entire company and this need s to be of the highest quality for all systems to work and eventually for the management to make the correct decisions.KFC have the correct systems in place from their production lines to the rescue of good to the systems in the stores. All sustenance is make correctly and all systems are in place and check. Policies and procedures are followed to the at last detail such as the dry cleaners noting down the time they have cleaned. credit line control is an ongoing process. All the schooling collected is used for research and development, planning, communicate and budgeting ahead and also steps are taken to make sure the counterbalance decisions are made for the goals of KFC to be achieved.Mochachos Chicken Villages didnt have all the policies and procedures in place. They made incorrect decisions regarding renting new space to operate in. They didnt crumple their customers needs, they didnt support future sales o r work out the fiscal position of the business. The closely important thing is that Mochachos Chicken Villages didnt remain sustainable in todays competitive business world.5. Quality and Healthy Financial FunctionThis function is concern with raising adequate jacket to finance the businesss assets, resources and services to operate properly. The financial manager must make sure that the business piece of ass make enough money to dwell the cost of raising the capital.KFC have done budgeting which is the most important mechanism for financial control. KFC have many stores and many investors, properties and equipment which all forms part of making the business financially stable.Mochachos Chicken Villages didnt have enough investors buying into the franchising concept and then the expenses eventually became more than the income, this showing a pretermit of financial planning, budgeting and control. They had no investors and that meant no tribute that the business would remain sustainable or too much of the owners capital was required.In conclusion Good managers will run into successful business results because it will train that customer needs are satisfied. As the saying goes Good managers are trained, not born. Hardly anyone is born a good manager. Almost all of them have learnt it. And the good thing is that it can be learnt. mountain have done it. And so can you. Learning to be an excellent manager requires education, training and experience. You cant work on any one of them..it takes all three.