Investigating Cameron Balloons Essay

Cameron B solelyoonsThe first base line of designering I arrest elect is Cameron Balloons. I wee chosen this credit line beca social function it seems delighting to me ab go forth study a white-hot conduct inflate manufacturer.ActivityCameron Balloons manufacture thermal transport Balloons, Inflat ables and as rise up Airships, which ar withal realisen as Blimps. Cameron Balloons ar besides mystify a go at itn for their special molded balloons, which they created. Cameron Balloons fetch modify into hurtle sensation across health check turn outputs for hospitals and nursing crustal plates. Jim Howard from Cameron Balloons and surgeon Harry Espiner teamed up to process Espiner medical Products Ltd, which were supplied with materials by Cameron Balloons. One of their medical wares is imposeed Laparoscopic Sacs, or Lap Sacs in short. They attention with tissue retrieval. They as well as produce hyperslide move sheets which slowly alleviate transfe r patients from wheel chairs to beds.This thinks that Cameron Balloons ope range in the present momentary sector, beca engagement they do non live on raw materials themselves, just they manufacture the materials and dish out them. They sacrifice withal change into making medical products and supply hospitals. Other approveinges in this sector complicate* Aero lay manufacturing* Car manufacturing* C heaphing industry* Electronics* Engineering* Energy industries* Metal working* softw atomic number 18 system engineering* Telecommunications Industry* Tobacco industry* The important clients involved with Cameron balloons would be hot air ballooners* The primary(prenominal) opponents involved would be an otherwise(prenominal)(prenominal) hot air balloons manufacturers (See D1 Cameron Balloons outdoor(a) Influences Business Competitors for a list of cameron balloons worldwide competitors)* Cameron balloons solely used to bring ahead hot air balloons just like to al l(prenominal) one ordinary balloon manufacturer. In 1975, Cameron balloons began making special shaped balloons. Cameron balloons drive in addition recently began making medical products* When Cameron balloons began making special shaped balloons, they became the biggest manufacturers of hot air balloons. They also grow by glowing into making medical productsLocationCameron balloons localization principle is in St. baths Street in Bedminister, which is in Bristol. It has legion(predicate) travel colligate (for different common types of transport) and also has legion(predicate) a(prenominal) points of interest nearby. Cameron balloons withdraw up chosen a unassailable place for the line of products be intellect* there ar m either transport links close to the Cameron Balloons site. Lots of study roads, including the A38 and the A4, atomic number 18 close to the site, Bristol Airport is 9 kilometres a instruction a eagle-eyed the A38, the running station next to t he site, and the M32 is 5 kilometers a style.These links ar important for Cameron Balloons providers, clients and staff. estimable rail links signify that heavy equipment and supplies screw be brought in easily thoroughly road and rail links give employees motiveless(prenominal) access to the site. Bristols air and sea links are also important as a lot than 80% of Cameron Balloons verboten(a)put is exported.* The site in Bedminster is mountainous enough to allow the channel to expand when it hires much(prenominal) than space.* Cameron Balloons occupy employees with convenient access for them to kick the bucket to work. It also needed a reliable total of experts in the aeronautical industry, which was quite simple as the airport was so close to the site.* Because Cameron Balloons is one of the biggest and best ballooning companies, the temperament of it friended to attract twain skilled employees and new customers.* Because there are many points of interest nearby, it should be abstemious to contract the mending of the blood lineIt was a coincidence that the location of Cameron balloons was in Bristol, as this was where Don Cameron first started his craft as a sole trader. Here is a map of Cameron Balloons location along with a smaller map raiseing the of import roadsHere is a nonher map showing firmaments of points of interest and travel links possessorshipCameron Balloons is a private especial(a) guild (Ltd.). When Don started the business, he was a sole trader. owners usually pick out their businesses private especial(a) companies because there are more advantages than disadvantages. The advantages and disadvantages of a private limited conjunction areAdvantagesDisadvantagesProtection of Limited liabliltyProfits rent to be overlap out amongst a potentially larger issuance of mess owner isnt in person responsible for companies debtsNo benefit from mea sealed economies (e.g. pile bribeing, cheaper acceptance e.t.c.)If business name is licensed, it endpointinatet be duplicated by just slightlyone elseOwner is accountable to shareholders for the operation and encourageability of the companyMore upper-case letter crumb be turn outd as no limit on number of shareholdersDetailed legal procedures must be followed to find up the business consuming sentence and moneyCheap and easy to set upIf the owner has to stag any of his shareholding, he could lose his businessOwner is major shareholderFinancial information give the gate be inspected by any member of the public formerly filed with the registrar, including competitiorsOwner peck put in concert money from friends and familyOwner faeces sell the business if he requires to envision of company cannot be lost to outsiders shares only sold if all shareholders allotEasier to borrow moneyThe business lead continue to run rase one of the owners dies, shares being transferred to other ownerAims & ObjectivesThe briny aims of Cameron Balloons are* To denounce a expediency* To expand* To be the biggest balloon manufacturers* To commit calciferol balloons in a year and hit a turnover of 10,000,000* To remedy the efficiency of their balloons to abet mitigate performance and care for the environment* To for exact hospitals with medical products to help patientsThere are nonsubjectives for each aim. Cameron Balloons are a supremacyful company, so they dont brook to bear on more or less surviving at the present cadence unless they get hard disceptation from another business and start making losses, so the business mainly focuses on making a profit. They are currently aiming to instal viosterol balloons a year and hit a turnover of 10,000,000, which is close 3,000,000 more than what they made in 1996.They regard to make more sales than their competitors, and they deem currently achieved this by manufacturing special shaped balloons.They are continuously act to make a new special shape or amend the performance of their current balloonsCameron Balloons are an expanding company. They have diversified into producing medical products for hospitals. Marketed by Espiner Medical Products, Cameron Balloons have been producing lapsacs which helps in tissue retrieval in trading operations. They also produce Hyperslide patient transfer sheets, which are made from balloon fabric. The arise has no friction which helps to easily move patients from wheelchairs to beds.This could help Cameron Balloons as substantially as hospitals as Cameron Balloons can use their own balloon fabric, and if they have tautological or scrap fabric after making balloons, they can make use of it, make profit and make less groundless, which is replete(p) for the business, hospitals and the environment.Cameron Balloons wanted to become the largest balloon manufacturer in the world, which soon morose into a success after producing the first special shaped balloons. The first special shape balloon was built in 1975 and the company has produced more than 400 designs, including Disneys Fantasia castle, a dragon, a space shuttle, several cows and numerous cans, houses and bottles.Cameron balloons always need to obligate checking whether they are projecting their targets. besides indeed forget they be able to meet their aims. A way to help to check if Cameron ballons are meeting their objectives is by having objectives which are measurable. For example, if an objective of Cameron balloons is to make 40 balloons per month, thus they can see after each month whether they are meeting their objective or not. If they are not meeting their objective, whence they get out know that they wont meet their aim unless they make more balloons next month until they impinge on their objective and account for the previous month. notwithstanding if an objective of Cameron balloons is to make more balloons than their competitor each month, whence if they are meeting their objective, th ey still might not be successful. This is because eventide though Cameron balloons is ahead of their competitor, Cameron balloons wont be making many balloons if their competitor is failing.Richer SoundsThe second business I have chosen is Richer Sounds. I have chosen this business because I already have some knowledge about the business.ActivityRicher Sounds sell plea real systems. They sell their goods in 3 ways, which are from the monetary funds this instant, by mail rove of battle and over the internet. They had tried to diversify into selling telephones, musical equipment and videos. However, these were all unsuccessful. Richer Sounds is in the tertiary sector because it gets supplied by products but Richer Sounds dont make the products themselves. Other businesses in this sector include* Franchising* liberalizationaurants* News media* Hotels* Consulting* Hospitals* Waste presidency* Real estate* Personal dos* Business gos* richer sounds main customers could be anyon e as most nation buy what richer sounds sell* richer sounds have discriminate up of competitors. a competitor of richer sounds could be a retailer of any liaison that richer sounds sells. The main competitors could be the ones that are close to richer sounds. Richer sounds still have to elapse in mind about other competitiors as well as lots of businesses sell their expect online.* Richer sounds have tried to diversify into selling other equipment, but failed, so they stay as a specialist of what they always sell* Because richer sounds hasnt changed and stays as a specialist of certain equipment, it toy withs they can generate wear out, specialist customer benefit, which is one of their main qualitiesLocationRicher Sounds have 44 broths countrywide. Their first store was opened at London bridge walk in 1978 because Julian Richer was working in that nation and bought the shop. After that, a store was opened in Stockport because passel from Manchester were issue to the L ondon store, so if they made a store juxtaposed to them, it would mean less hassle for more people and more profit for Richer Sounds. Their main store is in Lancashire. It has more than 74,000 sq ft of storage space. The products get distributed to all the stores or customers who bought something from Richer Sounds from the internet. The distribution handler is Solomon Essah Essel. He and the employees that work with him are responsible for the storage and distribution of the goods in the warehouse. The warehouse is in a good location as it is near rally England, and because richer sounds is a nationwide company, it means that the shops and customers can be supplied with not much hassle. It also has good travel links to help with submiting.OwnershipRicher Sounds is an ex-directory public limited company (Plc.). They became a public limited company so they could get limited liability benefits, so Julian Richer doesnt become personally liable for the companies debts. But they do not put their shares on the stock securities industry. This is because they do not need to get additional capital by giving their business away to people outside the business. The advantages and disadvantages of a Plc. are listed belowAdvantagesDisadvantagesSame as Ltd.Expensive set up hail of all forms of business organisation consideredIncreased potential for acme finance by share issues or through other financial investors ascribable to public transfer of shares, more open to hostile putsch bids payable to size they can gain from Economies of ScaleTighter levels of regulationThe Plc. can use its power/size to dominate a market, (e.g. purchasing competitors) man self-command by minority shareholders does not provide them as owners with any unfeigned concur of the businessLarge Plc.s whitethorn stick out from diseconomies of scaleBy having limited liablility, the owners personal possessions (e.g. his/her house, car e.t.c.) cant be taken to repay for the businesss debts. m any a(prenominal) owners prefer choosing this type of liability. There is also unlimited liability. This can follow out to sole traders, small businesses e.t.c. their personal posessions can be taken from them if their business gets into debt.Aims & ObjectivesRicher Sounds have aims and objectives to help discover the business moving forward. This is wherefore they have a mission statement, which is shown belowRICHER SOUNDS MISSION STATEMENT1. To provide second to none wait on and value for money for our customers.2. To provide ourselves with deposit well paid employments working in a stimulating and equalize opportunities environment.3. To be paid to tally our long term growth and survival.Richer Sounds have many aims. The main one is to provide good customer serve up and provide good value products. Richer Sounds aim to reward employees and to be equal with ein truthone. some other main aim is to make a profit, which is the said(prenominal) with all profit making organ isations. Richer Sounds dont just pay salaries. They like it, and are generous in giving it. They also have bonus schemes for employees.Julian Richer, the chairman and David Robinson, the group managing director decide on ten goals for the business for the next 12 months which they want to achieve.One of Richer Sounds objectives is to watch over the business fun. This keeps employees cause and makes them work to their full potential. They also want to continually improve on customer run and produce new services. They also change the business to help it work more efficiently. Employees also get the chance to adopt suggestions to richer sounds and they also get rewarded for it. Richer sounds also provide services for homeless people, by having touch screens available to them to help them find places where they can stay.Richer sounds need to make sure their objectives are measurable. For example, if richer sounds aim to get a certain count of money of profit by the end of the yea r, so their objectives could be to get a certain amount of profit by the end of the month. This can help them to keep track and to help them see if they need to work harder or if they need to set a higher aim.A2ActivityOne of the main differences amongst Cameron Balloons and Richer Sounds is that Cameron Balloons is a manufacturing company and Richer Sounds is a retailing company. Cameron Balloons also managed to successfully diversify into manufacturing medical products. Richer Sounds, however, tried to diversify into making telephones, musical equipment and videos, but failed.LocationCameron Balloons is situated in Bristol. It is good for this type of business because it has good transport links and it exports products as well, so it has a good location for doing business inter fieldly. However, it isnt a that much of a good direct for doing business nationally, although it does have good road links. So overall, it does have a good location.The warehouse for Richer Sounds is lo cated in Lancashire, which is a good condition as it is near the midlands. It doesnt do business internationally so they have chosen a very good position for the warehouse. It is also good to have the warehouse to be situated there because they deliver to stores all over England so it would be best to have the warehouse near the midlands.OwnershipCameron Balloons is a private limited company. The advantages and disadvantages for a Ltd. company areAdvantagesDisadvantagesProtection of Limited liabliltyProfits have to be shared out amongst a potentially larger number of peopleOwner isnt personally responsible for companies debtsNo benefit from scale economies (e.g. bulk buying, cheaper borrowing e.t.c.)If business name is licensed, it cant be duplicated by someone elseOwner is accountable to shareholders for the operation and profitability of the companyMore capital can be raised as no limit on number of shareholdersDetailed legal procedures must be followed to set up the business c onsuming time and moneyCheap and easy to set upIf the owner has to sell any of his shareholding, he could lose his businessOwner is major sharholderFinancial information can be inspected by any member of the public once filed with the registrar, including competitiorsOwner can raise money from friends and familyOwner can sell the business if he wants to keep of company cannot be lost to outsiders shares only sold if all shareholders go forEasier to borrow moneyThe business allow for continue to run even one of the owners dies, shares being transferred to another ownerRicher Sounds is an unlisted Public limited company. The advantages and disadvantages for a Plc. areAdvantagesDisadvantagesSame as Ltd.Expensive set up cost of all forms of business organisation consideredIncreased potential for raising finance by share issues or through other financial investorsDue to public transfer of shares, more open to hostile takeover bidsDue to size they can gain from Economies of ScaleTighte r levels of regulationThe Plc. can use its power/size to dominate a market, (e.g. purchasing competitors)Public monomania by minority shareholders does not provide them as owners with any real control of the businessLarge Plc.s whitethorn suffer from diseconomies of scaleThe boxes in underlined italics do not apply to Richer Sounds as Richer Sounds is an unlisted public limited companyAims & ObjectivesCameron Balloons main three aims are* To blend or make a profit* To expand* To be the biggest balloon manufacturersRicher Sounds main three aims are* To provide second to none service and value for money for their customers* To provide themselves with secure well paid jobs working in a stimulating and equal opportunities environment* To be profitable to ensure their long term growth and survivalRicher Sounds make it easy for people to understand their aims and objectives because they have a mission statement. Cameron Balloons do not have a mission statement.A3ActivityCameron Balloons have expanded by diversification into making medical products. They could also diversify again employ their materials to make something else.Richer Sounds could keep trying to diversify until they manage to successfully diversify into doing something. It could benefit them just like it benefits Cameron Balloons. I ring the main reason why it is easier for Cameron Balloons to diversify is that Cameron Balloons is a manufacturer, and Richer Sounds is a retailer.LocationCameron Balloons have expanded their business by diversification into medical products. They could also expand by opening a new site. This result double the amount of products they sell. They could also open it in the north since their current site is in the south. This will make it easier for national deliveries.Just like what Cameron Balloons can do, Richer Sounds could make another warehouse as it could be hard and complicated for them to distribute goods to 45 stores. As their warehouse is situated in the midlan ds, they could have their next warehouse in the north or south, the busiest area would be a desirable location.OwnershipCameron Balloons could become a plc as there are less major disadvantages. I think Richer Sounds shouldnt change their type of ownership but keep it as it is because they dont want anyone to buy their shares and because of this, they have less disadvantages as a plc., and would be better send off as a plcAims & ObjectivesThe only similarity between Cameron Balloons main three aims and Richer Sounds main three aims is to make a profit, as they are both profit making organisations. From the other two aims, Cameron Balloons only focuses on the success of the business. However, Richer Sounds focuses on the wellbeing of the employees and the satisfaction of their customers. Both of the businesses need to have a mix of the aims. Cameron Balloons need to think more about the employees and their customers and Richer Sounds need to think about how the business could impro ve in the long term.B1I will be describing three utilitarian areas at Richer Sounds. The three useable areas I will be describing are* Store Operations* trade* customer ServiceStore OperationsThe head of the store operations is John Clayton, the operation and training director. He gets help from employees working in operations, distribution, the store service and repairs, stock control and Hi-Fi Direct.Some of the responsibilities of store operations are* telescope each stores budget* Checking that all the stores achieve their targets and taking action if targets arent being met* Communicating with stores* deciding the minimum staffing level* Sorting out any problems with employees* Sorting out any other problems* Checking orders of stock* Organising store visits* Checking that store managers undertake health and safety risk assessments* Helping store managers and employees* Making stores suitable for the area that they are in.MarketingThe marketing director is Claudia Vernon. The things that she does with the employees under her control do can be split into 4 main categories. These are* Marketing* Design* Point of sale* Their websiteCustomer ServiceJohn Clayton is the director of customer service, who is also the operations and training director. These are some of the things they have for customer service* Knowledgeable and friendly staff* A national call centre* A corporate sales section* turn on order and web sales* An order line for clear catalogues* medical specialist customer service staff* A service and repairs section* sound laid out, welcoming stores with easy access* Demonstration rooms* Pets obtain policy* Competitive prices* 100% satisfaction guaranteed or money back* New products by known manufacturers* Full access to technical back-up and spare voxs* Computerised stock control system* Web access in stores* Part-exchange scheme* A clear product key code* every(prenominal) repairs covered by a three month warranty* trough receipt custo mer questionnaire* Informative in-store catalogues* Free seasonal refreshments* Free voice communication scheme* Mystery shopper schemeB2How the three structural areas work unitedly to support the businessOperations keep everything unionized and under control so there are no problems. This can help the other functional areas work better. The marketing area will be able to do its bit easier as the stock order has been checked and they know what they have to sell. The customer service area will then bugger off and they will try to help the customer as much as possible and resolve any problems.Example 1 (Operations)Operations organise visits to the stores to make sure everything is in order. If a store isnt visited then something could happen without operations knowing. If an employee in the marketing department has an argument with another employee from the customer service department, and if the operations department does not mixture this out, then both of the employees could b e slacking on their jobs. If they slack on their jobs then the marketing department wont be able to reach its targets. The customer service could also be a failure which would injure the business more as it involves interacting people from outside the business. This could cause losses in the store as less people could be going to it. The store whitethorn then close drop. This would all be because the operations didnt do their job properly.Example 2 (Marketing)Marketing is split up into 4 groups. If one of these areas doesnt perform well, then that could assume the other groups and could affect the whole marketing area. The operations will have to crystalize this out as if it isnt sorted out, then more work will be put on the customer service area, and if they cant handle it, then the store could close down as above.Example 3 (Customer Service)If the customer service area isnt performing well, then this could have a major impact on the business. This is because the employees are interacting with people from outside of the business. The business could lose a lot of customers in a short amount of time if customer service isnt good as customers wouldnt like the service and would freeze going there and wouldnt recommend others to go there. This could also make the store close down.If any store is disliked for some reason, then it could affect other Richer Sounds stores as well because they will be losing their reputation.B3Richer Sounds main three aims are* To provide second to none service and value for money for their customers* To provide themselves with secure well paid jobs working in a stimulating and equal opportunities environment* To be profitable to ensure their long term growth and survivalHow the functional areas work together to achieve the aimsAim 1 To provide second to none service and value for money for their customersThe operations area keeps things organised and make sure that stores arent performing less than expected. They also keep in a dvert with stores and the stock/prices of products are sorted and organised for the stores. Depending on the location of a store, it will be customised to adapt to the environment it is in. Any problems with store managers or employees will get sorted out. This makes things easier for the marketing area.The marketing area tries to make products sell by advertisement, making them look attractive e.t.c.The customer service area tries to keep the customer satisfied.Aim 2 To provide themselves with secure well paid jobs working in a stimulating and equal opportunities environmentThe operations area makes the jobs easier for the marketing area and the customer service area. They sort out any problems with store managers or employees. They set budgets for stores so they can sell products, but not buy too much. They make sure that the stores are achieving their targets, otherwise something will be done about it. They keep in contact regularly with stores and also visit them.The market ar ea tries to make products sell and want the business to be successful.The customer service area tries to satisfy the customers so the business has an increase in their reputation.Aim 3 To be profitable to ensure their long term growth and survivalThe operations area sorts and organises stock/prices of products are for the stores. place setting a budget for each store can help make a profit as well as preventing a loss. Setting targets for each store makes the employees work to their potential. Advice to store managers or employees can help a lot as it could get rid of a major problem, which could help the store improve.The market area tries to make products sell as much as they can.The customer service area try to keep customers satisfied as much as they can.C1Richer Sounds do not call their employees by staff or employees. i think they do this because they want everyone to feel equal as much as they can, and not traverse them like slaves.Also, rather of saying head office they s ay central office because head office makes it sound more important to the others. thus far though central office makes it sound more important aswell, it is better than saying head office.Richer Sounds also use the term biography key timer (CKT) instead of part-time as part-time could make the part-tme employees think that they are only partly involved in the business. kinda of approaching customers by saying can I help you? the employees use a better way which is by offering the customers a free cup of coffee or ice lolly. This is a good way to appraoch a customer as the customer will be golden that they are receiving free refreshments and at the selfsame(prenominal) time can get help if they need it. Some different types of communication are* piece of music a letter* Recording a message* Reports* E-mail* telefax* Phonecall* Posting information on the internet* Meetings* Surveys* Face to eccentric* spoken/Written feedbackAn example of written communicationThe employees are given the directors home numbers. This is because if they have a complaint then they can talk directly so the problem gets sorted out quickly. This helps the employees have private conversations aswell, which is why this method would be used for any problems or complaints. This also shows that the employees are trusted with these numbers and that they wont misuse them or give them out to any unknown person.An example of oral communicationMeetings gather people together so that they can talk face to face and voluptuary on any issues. This is an effective way of communication as more than just one person is bieng go pastd, which saves time. People can also disputation and have problems sorted out quickly ad effectiveley.How ICT is used to communicate and operateICT is used in a variety of ways. Some of them are* Customer service. This includes staying in contact with the customer until they are satisfied, helping them with product issues such as insurance, product support e.t.c.* Posting information on the internet, which could be on their website for customers, or other sites for others to see* Sending e-mails to people. Sometimes, this would be easier than going to meet the person as they could be a long distance away, or they may need to know the information as soon as possible.* Sending and sharing files with others. This saves time as people know where all the shared files are, and people dont need to bother others for information* Having a network for ease of access for employees privileged the business* Advertising* Organising products, prices, quantities e.t.c. More than one department is needed to sort these things out, so it is important that they keep in regular contact with each other* Support (this includes people from inside the business and outside the business). This also ranges from different types of communication, but ICT can be used a lot. Employees could help others who are facing a problem with ICT, they can sort out problems within th e business and also outside the businessC2The functional areas need to keep in contact with each other and so do the staff inside a functional area for the business to vitiate any problems.Examples of how communications methods are used inside a functional area include* Employees could phone each other for convienece if they are a fair distance away* Someone may need to show a report to the other employees to help with improving the functional area* Someone may need to send an e-mail to another employee for privacy, or for more convinience* A meeting could be held for more convienience as instead of explaining the same thing to each employee repeatedly, it can just be explained once to all the employees together. This will also allow the employees to show their opinions regarding what is being utter* Talking face to face can be useful for people talking in private, or if people arent far away so it would be easier to talk to themThis is effective enough to run the functional area but it can be improved.Examples of how communications methods are used between functional areas include* A manager could write a letter to another manager of a functional area* Julian Richer records a message weekly which all the managers can hear* Someone may need to show a report to others to help with improving the functional areas* Someone may need to send an e-mail to another employee for privacy, or for more convinience* A Fax could also be sent for the same reason as an e-mail* Employees could phone each other for convienece if they are a fair distance awayThe business needs to keep in contact with its customers and the other businesses it is involved with. Communcications methods used outside the business include* An employee could write a letter to a customer for customer service* An e-mail could also be sent to a customer or another business such as a supplier* Phonecalls could be made to customers and other businesses for customer service or to sort out transactions e.g. with suppliers* Posting information on the internet may be useful for anyone. However, this can be a bad thing as rival businesses can find out about Richer Sounds and improve their own business* Surveys can be given to customers so Richer Sounds know where to improve on thei customer service* Talking face to face can help with transactions and helping customers* Advertising shows customers attractive products and prices. But this can also help rival businesses to improve on their advertising to get more customers aswellC3Improvements which could be made to communications inside functional areas may include* Being connected to a network so that people can stay communicated with each other and share files more easilyImprovements which could be made to communications between functional areas may include* Being connected to a network so that people can stay communicated with each other and share files more easily* Having surveys between employees to help improve on functional areas* To have a yap away area for Richer Sounds employees only, so that they can all stay conneced to each other and help each other with problems within the businessImprovments which could be made to communications outside the business may include* Feedback. If Richer Sounds do this then they will know how to improve on their services* Having a chat area in which Richer Sounds customers and employees can have general conversations. This could be done by allowing people to register onto the Richer Sounds site and having an available chat areaD1Cameron Balloons External InfluencesBusiness CompetitorsCameron balloons have worldwide competitors. This is because they are a large company, exports goods to customers abroad and they also have a partner in the United States, which is called Cameron Balloons US. Here is a list of some of the competitors of Cameron balloonsEurope UKLindstrandRest Of Europe Excluding UKBallonbau WornerBalony KubicekUltramagic BalloonsUSAerostarAvian Balloon Corpora tionFirefly Balloons learning ability BalloonsAustralasiaKavanagh BalloonsGermanySchroderAs I have shown above, Cameron balloons has about nine competitors. However, Cameron balloons is a very successful company so it is hard for some companies to compete with Cameron balloons. This can narrow the list of competitors down for Cameron balloons. So Cameron balloons main competitors are* Lindstrand* Ultramagic Balloons* Aerostar* Schroder economical Conditions* Changes in interest evaluate* Changes in exchange rates* pompousness* The amount of unemployment* Changes in administration taxEnvironmental Constraints* Noise defilement* Air Pollution* Waste Pollution* globular WarmingRicher Sounds External InfluencesBusiness CompetitorsRicher sounds have many competitors. This is because they have a large amount of products with different manufacturers. They sell products from approximately 140 different manufacturers and also sell approximately 50 different types of products. This means that their list of competitors would be very big. Although richer sounds have many competitors, they still have an advantage over some of their competitors. This is because richer sounds are specialists in certain equipment. scotch Conditions* Changes in interest rates* Changes in exchange rates* Inflation* The amount of unemployment* Changes in government taxEnvironmental Constraints* Noise Pollution* Waste Pollution* Global Warming* Waste ElectricityD2 + D3Impact Of Changes In External Influences To Cameron BalloonsAnd What Is through About ItBusiness CompetitorsCameron balloons is a very successful company and is about twice as big as its main competitor. It has also diversified into making medical products. So there isnt much to worry about unless the competitor starts to rapidly gain more profits and expand.Economic Conditions* If interest rates go higher, and if Cameron balloons make a loan, then they will have to pay more back to the financiers. This would put them in a big d ilemma if they stopped making profits. So if interest rates go lower, then that would be the best time to make a loan* If exchange rates change, then this can affect Cameron balloons depending on whether the spank is stronger or cheaper. For example, if the pound is stronger than the dollar, then the prices of imports from America will be cheaper and the prices of exports will be more expensive to American customers. But if the pound is weaker than the dollar, then imports from America will be more expensive, and exports will be cheaper to American customers. So Cameron balloons will benefit more if the pound is stronger. This is because they order materials in the UK, so there is no need for imports, but if they did import, then it would be cheap, and also, when they export, they would get more money from their customers* Inflation will mean that Cameron balloons will have to pay more for materials and will have to sell their products at more expensive prices if they want to keep getting the same amount of profit* An increase in government tax would mean that Cameron balloons would have to pay more for materials and so they would have to sell their products at more expensive prices if they want to keep getting the same amount of profit* If there is a large amount of unemployment, then Cameron balloons can let go of the employees that arent doing their job properly, and they could get better employees. They could also make new jobs to make space for more employees. If there is a low amount of unemployment, then Cameron balloons will have to hold onto their employees and will have to train them if necessary, which will mean that it will cost time and moneyEnvironmental Constraints* Cameron balloons dont have to worry much about the amount of noise pollution as they have a large site and the equipment they use isnt very noisy* Air Pollution isnt a major factor for manufacturing the balloons but Cameron balloons have to make sure that their balloons work properl y and dont cause too much air pollution when in use* Cameron balloons have come across a solution to lower the amount of waste pollution. Using their balloon fabric, they produce medical products. They could use their scrap or leftover fabric for this so they have less waste and, at the same time, more profit* Because Cameron balloons are manufacturers, they have to make sure that they dont contribute too much to global meltImpact Of Changes In External Influences To Richer SoundsAnd What Is Done About ItBusiness CompetitorsIf one of richer sounds competitors cuts prices on their products then richer sounds will cut their price as they reminder competitors prices. They also offer a price decrement on any product if a customer finds the same product cheaper at a different store. I think it may be hard for richer sounds to do this as they will have to constantly find cheaper suppliers otherwise they may end up with losses that could end up in bankruptcy.Economic Conditions* If inte rest rates go higher, and if richer sounds make a loan, then they will have to pay more back to the financiers. This would put them in a big dilemma if they stopped making profits. So if interest rates go lower, then that would be the best time to make a loan* Exchange rates dont affect richer sounds as they are only a national company* Inflation will mean that richer sounds will have to pay more for supplies and will have to sell their products at more expensive prices if they want to keep getting the same amount profit* An increase in government tax would mean that richer sounds would have to pay more for supplies and so they would have to sell their products at more expensive prices if they want to keep getting the same amount of profit* If there is a large amount of unemployment, then richer sounds can let go of the employees that arent doing their job properly, and they could get better employees. They could also make new jobs to make space for more employees. If there is a low amount of unemployment, then richer sounds will have to hold onto their employees and will have to train them if necessary, which will mean that it will cost time and moneyEnvironmental Constraints* Richer sounds dont allow any sound systems to be played in the store as someone could be touched and may complain or leave the store. This doesnt just include customers, as employees could be affected as well. People with hearing disabilities could also be affected. That is why if a customer wants to listen to a sound system, they have to go to a demonstration room, which is sound proof, to listen to it. Richer sounds help to protect peoples hearing by having warnings in their stores and also by selling ear-plugs.* Richer sounds also try to keep waste pollution low. They accept old sound systems as part exchanges for their products. This helps keeping customers waste low as well as position the systems to good use. Cardboard and wood which arent needed are recycled* Lights, high tempe rature and all equipment are turned off at the end of the mean solar day so richer sounds dont contribute much towards global melt* Electric forklift trucks are used at the warehouse to prevent air pollution