Bus 475 – Integrated Business TopicsTargets Value AlignmentBUS/475 Integrated Business TopicsApril 7, 2012Targets Value AlignmentThe foundation of every company is built around the values of the company. Values can be defined as the actions and attitudes that are guided by core beliefs (Ethics Resource Center, 2009). Business operations and decisions for future endeavors are all made based on the values of the company. When profits become more important to the company than what they originally set out to offer, values of the company are lost. Because people from different backgrounds may have a different set of values, often the workplace can take on the identity of the majority of the employees. Employees are only one amongst many factors that can cause the values of a company.
Business Operatives for Business Use a Business Model To Be More Responsive
Business Operatives for Business use a business model to be more responsive:
Business Operatives use common sense and principles to be more sustainable as a company and its team is focused on achieving a sustainable growth environment.
Business Operatives focus on performance rather than profitability, value based investing, and other business performance goals that enable customers to take advantage of the opportunities available for their business.
Business Operatives are aware of a customer’s needs and beliefs, are responsible for the performance of businesses, and support the growth of their own organization. While customer trust in their customer service can become a high, the value of the company remains unchanged, making it easy for the business owner to be more efficient, sustainable and effective.
Business Operatives have an internal structure that makes it easy for them to communicate business ideas and business growth, leading to a much more positive environment for both employees and their owners. For business owners wanting more flexibility in managing their business by using common sense and principles, Business Operatives are an excellent choice.
Income Measures as Values of a Company Business Income is the most measured component of value of a business. Business income, defined in the Business Income Survey, includes: the value of all related items associated with that income such as business services, advertising, profits, stockholder compensation, and income taxes, as well as all other amounts paid to that business.
Business Income Measurements also include the value of income tax revenue, taxes collected by the government, and deductions from tax and sales taxes. Income tax revenue depends on the way that the business calculates its operating expenses, including business investment income. If certain business expense assumptions are incorporated into operating expense estimates (either as an element of the revenue estimates or as a property of the business) the business receives a total of business income, based on the value of all related items that the business uses for income. When required to enter this business income metric, the amount is determined by using the estimated total of all business activity, as defined by the General Government Statistics, Inc.’s (GHD) Annual Data Source, 2015 Summary for Business Operations.
For information regarding a business income measure or a valuation of a business, refer to the Business Income Survey for Corporate Income and Tax Measurements. For income in general terms, the value determined by the GHD’s Annual Data Table or the Sales Tax Estimate is the business’s income minus the business’s tax revenue minus its tax liabilities. When required to assess a business’s value by the company’s financial performance, the business’s value is determined by calculating business profit or loss based on the number of times its employees produce items which are not in business operations.
Origins of ValuesTarget is a retail store that was found in 1962 in Roseville, Minnesota. Target stores originated from Dayton Dry Goods Company, which was founded by George Dayton in 1902. George Dayton used his personal values to shape the character of Dayton Dry Goods Company. This store soon became known for the quality of the merchandise, practicing fair business operations, and maintaining a giving spirit; all of which defined the character of Dayton (Target Brands, Inc, 2012). From the beginning the company has been dedicated to offering the best product value, innovation, and an exceptional shopping experience to their shoppers. Confirmed with the slogan Expect More. Pay Less. Target operates under the same values established by their founder Dayton as they continue the legacy of their predecessor (Target Brands, Inc, 2012).Action of ValuesIndividual values perform an important part in a company’s culture as well as helps to build a decisive culture of excellence. These values influences personal behavior and provide guidance to them to work in unison with the goals