Foundations of Business Administration

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Innovation:

The innovation that we are looking for in our project is involved with the residues of the raw materials that we use after the production process with wooden chopsticks or the other option that we offer to our customers; plastic chopsticks. We know that wood and plastic can make a big damage to the environment without the proper dispose of the residues of these materials, instead of just disposing this residues in the proper way, we thought about creating a new way to obtain profits with something that many people think that would not get profit to the firm, residues.

Residues will depend on the products that firms offer to the market, in our case, the residues that our company leave are mainly wood and plastic residues. Our solution to avoid every possible damage that the environment can get and earn profits with it is to:

For the residues of the production of wooden chopsticks: An environmental-friendly solution for the residues of wood is to gather the residues and provide them to our affiliated firm, Funerals MEXAP, and they will be responsible to turn these residues into, for example: coffins. As an affiliated firm, Funerals MEXAP will split the earnings of the sales in their products and give us a determinate part of the earnings.

For the residues of the production of plastic chopsticks: The solution planned to reduce environmental damage with this type of residues, is to gather all of our plastic residues and thanks to our agreement with the bottling firm Arca Continental sell them these residues.

Arca Continental is the second largest Coca-Cola bottler in Latin America's and one of the largest in the world, serving over 50 million consumers in Mexico, Argentina and Ecuador.

Arca Continental, and Praxair have maintained a strategic relationship for over 30 years, where trade agreements are maintained long-term relationship based on commitment, trust, service and high quality product. Arca Continental has relied on Praxair to be its sole supplier of Carbon Dioxide Grade Ingredient, representing a major commitment, considering that this is a strategic input in the production of carbonated beverages, the ingredient being Coca-Cola calls "the spark of life. "

Arca Continental Nitrogen is also consumer-grade food product for packaging and pressurized bottles of noncarbonated beverages where nitrogen use extends shelf life; as well as the service we provide analysis and replacing air filters.

This is an appropriate solution because these are two profitable ways of using residues to make other products and avoid harming the environment. The firms that use the residues that we provide to them also gain benefits like lowering costs of raw material and a trust-based relationship with us in a way that they can be sure that we are going to help them to get the materials they need to produce their products.

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DEVELOPMENT OF THE MANAGMET[pic 11]

Planning

Planning is the function of management that involves setting objectives and determining a course of action for achieving those objectives. Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions. It also requires that managers be good decision makers.

Planning is a process consisting of several steps. The process begins with environmental scanning which simply means that planners must be aware of the critical contingencies facing their organization in terms of economic conditions, their competitors, and their customers. Planners must then attempt to forecast future conditions. These forecasts form the basis for planning.

Planners must establish objectives, which are statements of what needs to be achieved and when. Planners must then identify alternative courses of action for achieving objectives. After evaluating the various alternatives, planners must make decisions about the best courses of action for achieving objectives. They must then formulate necessary steps and ensure effective implementation of plans. Finally, planners must constantly evaluate the success of their plans and take corrective action when necessary. There are many different types of plans and planning.

Strategic planning involves analyzing competitive opportunities and threats, as well as the strengths and weaknesses of the organization, and then determining how to position the organization to compete effectively in their environment. Strategic planning has a long time frame, often three years or more. Strategic planning generally includes the entire organization and includes formulation of objectives. Strategic planning is often based on the organization’s mission, which is its fundamental reason for existence. An organization’s top management most often conducts strategic planning.

Tactical planning is intermediate-range (one to three years) planning that is designed to develop relatively concrete and specific means to implement the strategic plan. Middle-level managers often engage in tactical planning.

Operational planning generally assumes the existence of organization-wide or subunit goals and objectives and specifies ways to achieve them. Operational planning is short-range (less than a year) planning that is designed to develop specific action steps that support the strategic and tactical plans.

Organizing

Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. The structure of the organization is the framework within which effort is coordinated. The structure is usually represented by an organization chart, which provides a graphic representation of the chain of command within an organization. Decisions made about the structure of an organization are generally referred to as organizational design decisions. Organizing also involves the design of individual jobs within the organization. Decisions must be made about the duties and responsibilities of individual jobs, as well as the manner in which the duties should be carried out. Decisions made about the nature of jobs within the organization are generally called “job design” decisions.

Organizing at the level of the organization involves deciding how best to departmentalize, or cluster, jobs into departments to coordinate effort effectively. There are many different ways to departmentalize,