Business Consultant Proposal for formulating costing & pricing (Cost Essay

Business Consultant Proposal for formulating costing & pricing (Cost Cutting) of a Private Hospital - Essay Example Nafees has tie ups with various medical centres from where they get updated results related to various development in medical field. In this regard, the business that is dealing in hospital, should not only concentrate on generating profit, but also look towards taking care of the sick people. Though the business of hospitals is purely based on dedication, patient care and compassion but like other business they also look for generating revenue. The flow of revenue not only affects the delivery of service related to patient care, but also for the financial health of the organization. In order to generate revenue it is very important for the business to identify its expenses. The major expenses that the hospital incurs are research and teaching, labour cost, test and technology, liability costs and other supplies and capital expenses. Research and teaching: Hospitals conducts research and teaching facilities in order to make their services better and make their employees serve the patients better. This helps the hospital in upgrading themselves and provides modern facilities and techniques to the patients. Therefore, huge expenses are incurred in this. Labour Cost: Labour cost is the most significant expense that is incurred by each and every organization and hospital is not an exception in that case. The employees of a hospital include the directors, doctors, nurses and other official and administrative staffs. The salary and benefits are also huge in this regards, which is another major expense for the hospital. Technology and Tests: Advanced technology helps the doctors not only in diagnosing critical illness but also curing these. New arthroscopic equipments, surgical robots and CY scan are some of the modern technologies that are there in hospital. Capital expenses: the hospital may also incur expenses related to construction work related to expansion of the hospital and procuring of equipments. These are

Marketing and Public Relations for Music and Media Essay

Marketing and Public Relations for Music and Media - Essay Example On the basis of research an appropriate marketing strategy comprised of guerrilla marketing tactics. The paper would also analyse the impact of demographics, supply chain and distributors towards influencing the business prospects and viability of the band. Based on this research an appropriate product mix would be formulated with a detailed financial analysis of the financial outcomes of the strategy. Finally a set of plausible recommendations would be framed that would serve to summarise the findings of the study and suggest certain strategies for the music band so as to make it popular among the target audience and establish a brand name and favourably position itself in the highly competitive market. General Overview In present competitive world, the role of marketing has become more prominent and a key success fact for the competing companies. With development of modern business concept, the there also have been significant improvements in the marketing practices. The process of drafting an efficient marketing plan includes a number of tasks, and the most important aspect in this process is that the marketers always aim to follow a customer centric of customer focused marketing plan. The target customers can also be defined as the target audience. The primary objective of marketing plan is to deliver the predefined message to the target audience. The process of delivering g message to the relevant and potential target audience is known as communicational marketing. Communication is an integral part of marketing mix that must be designed effectively with by considering a number of factors like public relation, advertising, effective campaign message, and target audience etc (Trehan and Trehan, 2010, p.17). This paper will attempt to present a comprehensive promotional marketing plan for promoting music and media through an effective communication process. This promotional marketing plan basically strives to develop a campaign plan for promoting a brand imag e of rock-music band. In meet this task, multiple marketing models, tools and theories will be used by focusing the target audience. The band is UK-based and hence, this promotional plan will focus on UK market. The product of this band is basically its music which will be distributed through CDs and online download. Therefore, in order to promote the music specific target markets will be identified and defined. Marketing Strategy Overview In the age of high competition it has become very essential for business organizations to develop a marketing strategy that effectively communicates its product or services among the members of the target audience such that the consumers are aware of the product and are able to distinguish between the product and services offered by the competitors in the market. Music bands also face the same situations as there are a large number of such players in the market. The marketing strategies of the bands must largely include a comprehensive framework c omprised of a step wise plan that includes