Managing Enterprise in the 21st Century - Desklib

This presentation by Desklib provides insights on managing enterprise in the 21st century. It covers topics such as business plan, macro-environmental overview, development milestones, financial requirements, and exit plan. The presentation also includes references for further reading.

ENTERPRISE IN THE 21ST CENTURY

TOC
 Introduction
 Overview of business
 Business plan
 Macro- environmental overview
 Development Milestone
 Financial requirements
 Exit plan
 Conclusion
 References

Introduction
In order to manage business in 21st century it is essential for business organization to adopt new and modern methods
to analyze the market and competitors so that they can be able to have effective competitive strategies in the
organization. With the dynamic environment it became very e essential for business organizations to work strategically
in the market.

Overview of the business
 Mayorga Organics Café is a coffee company which is well known for their
special sourcing related to the high grade organic coffee full stop the companies
famous to source their organic coffee directly from small farmers in America
since the year 1997.

Business Plan
 When an entrepreneur is beginning a new business or looking for methods to develop an existing firm, a corporate
plan is a critical tool in their strategy that will help them make choices. A business plan is a notion that gives you
information about the actions you're doing and allows you to examine the resources that need to meet the aims and
outcomes.

Macro- environmental overview
 Political factors
 Economical factor
 Social factor
 Technological factors

Development Milestone
 The milestone for the company is to expand their
business in international market and earn maximum
customer support in the market. With the increased
dependence of people all over the world on organic
products after covid-19 the company has an opportunity
to achieve there developed milestone.

Financial requirements
 Start-up cost: The cost incurred by a firm to commence its business strategy and operations, such as application
creation and maintenance, as well as promotional efforts, is referred to as start-up cost

Cont..

Cont.…
 Profitability analysis - The above-mentioned break-even point will aid in determining if any profit produced
over this level will be profitable for the firm. The company's net income is determined as follows:
 Net profit margin for the company = net profit / sales*100
 = (5900/10000)*100 = 59%

Exit Plan
 Liquidation
 In this type of exiting, a liquidator is hired to sell the assets and pay the business's liabilities. Mayorga
Organics Café can choose this option if they are unable to make a profit or are even losing money in the
market. It is a stress-free and quick way to close a business.
 Sell business in the open market:
 It is an alternative that has been offered to the business owner to depart the business organization has
terminated their business that determined market values

CONCLUSION
The above-mentioned business plan demonstrates that every company must have a proper mission vision
and objectives before beginning a new business plan. This mission, vision and goal help the company in
attracting customers to their new and unique product. In order to succeed in the market, a company must
conduct several types of analysis, such as micro environmental aspects using pestle analysis, competitor
environment, pricing, and market research, as well as industry analysis.

References
 Chang, H.J. and Andreoni, A., 2020. Industrial policy in the 21st century. Development and Change, 51(2),
pp.324-351.
 Chursin, A.A., Grosheva, P.Y. and Yudin, A.V., 2020, May. Fundamentals of the economic growth of
engineering enterprises in the face of challenges of the XXI century. In IOP Conference Series: Materials
Science and Engineering (Vol. 862, No. 4, p. 042049). IOP Publishing.
 Henderson, R., 2021. Innovation in the 21st century: architectural change, purpose, and the challenges of our
time. Management Science, 67(9), pp.5479-5488.