Business and Enterprise: A Case Study of Energized Organisation in Australia
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This research paper presents a case study of Energized Organisation in Australia, focusing on its business idea, aims and objectives, operational management, USP, STP model, and 4P's of marketing.
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Table of Contents Main body.......................................................................................................................................3 Business idea:..............................................................................................................................3 Aims and objectives:..................................................................................................................3 Operational management and USP of business:........................................................................3 STP model of business:..............................................................................................................3 4P's of marketing.........................................................................................................................4 REFERENCES................................................................................................................................5
Main body Business idea: Business enterprise is defined as the legal entity that is established by the entrepreneur through spotting various opportunities. Enterprises are developed with new ideas that come from number of reasons. Energized is the business that is situated in Melbourne, Australia. Respective organisation is established with the idea of providing energy drink and various flavoured drink to customers. The main objective of organisation is to develop exceptional menu that contains drinks and other healthy products with having international taste. Aims and objectives: Energized organisation is established with the objective of offering qualitative goods with effective services. Drinks that are customers to attain better health for living as well as enhancequalityoflife.Respectiveorganisationconcentrateenhancethedemandof organisational products through maintaining effective relationship with customers. It retain customers with organisation for longer period of time (Turner and Mulholland, 2017). The main objective of organisation is to enhance healthy living of individuals through provide healthy and energy drink at reasonable prices. Operational management and USP of business: Operational management is defined as the administration of business practices in order to create high level efficiency in organisation. It is related to converting raw material into finished goods and services through labour efforts. Energized organisation gained raw material for producing drink from trusted suppliers. Respective organisation clear visions and goals that try to attain them with effective distribution process, logistic techniques and strategic sourcing. USP of Energized is that organisation provides combination of energy drink with different flavoured to regional people of Australia that stand out organisation from other competitors. STP model of business: Segmentation:Energized organisation divides whole market into small segments on the bases of their similar characteristics. Respective organisation segregates market on demographic, behavioural and psychophysiological bases. Targeting:Targeting is defined as the process of selecting specific segment that contains growth and development opportunities for business. Energized organisation targets young people
who are health conscious and gym freaks to provide its energy drink that is available in different flavours (Chen, Dai and Na, 2019). Organisation targets only the market of Australia. Positioning:Energizedorganisationmaintainsitsdifferentiatedpositioningamong customers in the market of Australia through cutting the serving time of food products. It provides better quality experience to customers and create positive image in their minds. 4P's of marketing Product:Energized organisation offers range of energy drinks in different flavoured and essence. Respective organisation uses better quality raw material yo produce energy drink that enhances drink taste as well (Chang and Huang, 2019). There is range of drinks are provides by organisation like detox drink, fast and up reload, oxidised drink, health oxide energy booster drinks that are not offered by other organisations. Price:Energized organisation establishes nominal price of drinks and for premium drinks it charge high prices that are offered to other businesses. Place:Energized organisation offers healthy drinks as well as beverages through its own outlet. Drinks of organisation are offered in different places such as restaurant mall and various others.Promotion:There are various promotional activities are con considered by the Energized such as direct marketing, sales promotion and advertisement and public relation to enhance awareness of business products in market.
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REFERENCES Books and Journals Turner, J. and Mulholland, G., 2017. Enterprise education: towards a framework for effective engagement with the learners of today. Journal of Management Development. Chang, C.C. and Huang, L., 2019. How could business culture motivate enterprise innovation. In Engineering Innovation and Design(pp. 442-446). CRC Press. Chen, X., Dai, Q. and Na, C., 2019. The value of enterprise information systems under different corporategovernanceaspects. InformationTechnologyandManagement,20(4), pp.223-247.