European Management

Generally, there atomic number 18 two types of customers in the wedding gang headache. One of them is a couple who is acquire engaged or getting married and therefore needs a wedding band to reveal it life-long the second type of customers is a couple who checks to transform their wedding bands and acquire a new one. 1. 1 Description of Values, Strategy, Mission & Vision, and Actual calling & In this part of our work we give you the description of the social club in the general meaning, as fountainhead as its values, vision and mission. Moreover, we analyze its demonstrable usiness and management model.Every comp whatever in the world should have its own values. It promoter that companies be guided by some principles and internal conducts. Moreover, all of the companies are connected to their customers, partners, shareholders, and etc. In order to attract or captivate those stakeholders companies usually state their vision and mission (BusinessDictionary, n. d. ). The va lues of the smart set Rubin Alyans are gold wedding bands and solitaire sonoritys. Those products are very all important(p) for the follow and in any case for the buyers as they are the customers of the federations customers, the so- called end-users.Traditionally in some(prenominal) countries married couples gestate wedding bands to show or announce to the world that they are married. The concomitant that the company value is also a multicultural sign decides any action and strategy. Another value of the company is there special packages as including nice presents for the couples. The strategy of this company is grittyly sensitive on the forest of the products because its products are mostly worn du parry the day and night, 24 hours a day, 365 eld a year. There is no other product that a person wears on him or her such a long time. The vision of the company is much more competitive.They are lucky to be in a competition in which other companies compete with their price and not many of them have a strange and unpredictable vision. So the company would kindred to stay with their competitive advantages, growth them in the future. Their future vision is also to grow, therefore first become a mid-sized and then a big-sized company in order to expand also more into foreign countries to increase the possibility of targeting new countries more easily due to financial terms. The company mission is to produce and sell wedding bands to the couples that they can wear long without any complaints.The way to success in their business is to make the lavishly quality wedding band with the elegance and simple design. The simplicity of the ring is important because for many people it is difficult to choose the wedding ring which they would admire forever. Those who decide and buy the product know very well that the choice is very important. Besides all of the strategies and endeting plans, the most important function in Jewellery business is that the product ha s a change value as it is operating in the gold business. The accuracy that you mark inside the ring should be correct with the rings.Better to explain by an workout When you mark 14K in the ring the accuracy should be 585 which is the gram portion of the gold in 1 kg. If it is less than the marked one, it has a proficient penalty and besides everything mentioned, whatever we do we always have to be sure of the gold accuracy of ring. 1. 1. 2 Actual Business personate This company fills rather the criteria of an actual business model than of a traditionalistic business model due to the following reasons. 2 The process of creating flourishing ring is based on market needs, so to say on the actual wants of customers.The customers demand for the rings and therefore, edding bands are developed, created, and at least produced. Hence, the demand for brand capital is high. We can see a customer-focus because they are those who decide how their final wedding ring will look like. The w edding rings are created according to the customers. To be aware of the need of customization in this business is a very important factor to be successful in the gold industry. It is also possible to imply that there is a high demand for human capital.