Operations Management Project- New Business Assignment

Operations Management Project- New Business - Assignment Example The vehicle industry can be regarded as the central theme for this business. Since the number of vehicles has increased in recent days, the requirement for parking as well as washing has also increased by a certain extent. The parking service as a business has become quite popular in recent times as the amount of space for car parking is quite limited particularly in urban areas of Al Mirfa. The parking industry is spurred by new construction. Since new construction has gradually increased in recent days, prospect for profitability in parking industry also increased. In line with the parking industry, washing segment has also become an effective money-making opportunities for businesses. It is to be stated that as there are no such washing shops present in Al Mirfa city, thus there will be no direct competition for ABC Corp in that area to provide washing and parking services to the customers. These are the key marketing influence or factors that have been considered for staring the business. Mission The mission of the business is to become the first choice for customers for taking the parking and washing services in Al Mirfa and to achieve sustainable development. ABC Corp is dedicated to provide the customers with crucial parking and washing experience. It will focus upon delivering deliberate efforts toward the accomplishment of gaining greater customer satisfaction and value while providing employees with outstanding recompense. Goals and Objectives The key business objectives of ABC Corp are: To be observed as premium parking and washing service business in Al Mirfa To maintain a high profit margin To maintain a gradual and steady growth in profit To expand the business in different locations within five years of business operation Organisational Strategy In Al Mirfa, there pertains the occurrence of numerous festivals such as â€Å"