Introduction

UNIVERSAL DRONES, INC, COMPANY LIMITED

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Following the recent market study, the monopoly market that has been enjoyed by vectorial drones navigation system shows that the company is exploiting its clients by overcharging in the quoted prices and drones are always not produced in right timing. This situation has left many clients with many unanswered questions. As patriate, I conceived this I dear of coming up with a co-company that produces drones at a more affordable price create competition for the other company to recollect itself and work to the interest of clients.  

Formation of universal drones, inc,, a company limited

Universal drones company limited is a newly founded company that aims to sealing the gap created by vectorcal navigation system company; this company is unique and special in its products. Unlike other companies like vectorcal, this one empresses honesty as the primary policy in all its dealings. Customers’ affairs and interests are the priority and core mission of starting this company. Its pricing charges are quoted relatively for all clients to afford, and products are also produced and availed to customers in good time. The is also created to bring anew challenge to the existing company with monopoly advantage in the current market.

Mission statement

To provide quality products to its customers on relatively fair pricing, regularly and on a timely basis to promote their social-economic development.

Vision statement

To be the country’s reliable and quality drone provider.

Main products

Universal Drones inc,, the company will majorly deal with the manufacture of drones.

Key company personnel

To realize its long time sort goals and short time ones, it employs both skilled and qualified expert personnel who always coordinates with customers to ensure appropriate products are produced in good time. Pricing is reasonably reached by still minimizing costs and sharing the company’s profits. The company will have a comprehensive procurement plan in all its dealings in an honest and transparent manner to always reduce the expenses.

With the managing officer personnel of the universal drone’s company with more than five years of experience in different companies, who has the heart of serving customers and putting the interest of customers first, this could have drones company high without competition.  With this expert who will be spearheading comprehensive procurement activities including supplier selection , contract negotiation , cost reporting and estimating  with an extraordinary ability to lead up thirty employees will set this new entity apart. 

The company first aims to reach to all dissatisfied clients from vectorcal company and there-after reach the world-class level. This will be met by first quality products, reliability and being honest with fair and affordable pricing system.

VECTORCAL DRONE NAVIGATION SYSTEM COMPANY LIMITED

The company’s vision bearers started it to provide drones to the clients with profit motive.  With now the monopoly market, the company got an even better chance to rob its clients. The company took advantage of the ignorant clients who are not aware of their rights hence exploited them highly. Clients were always overcharged and did not always get products in due time. Poor management and misappropriation of funds  was  constantly experienced.

Mission statement

To be the world’s leading drone producer by minimizing costs to maximize profits.

  Vision statement

To be the solution and leading company in producing navigation system  drones.

Main product of vectorcal company is making of drones.

Key personnel in vectorcal company.

Unlike the proposed exemplary experts in universal drones company, the key personnel in vectorial company can work better under maximum supervision, this trait have lagged the company backward by not producing products to its clients in good time.  The personnel are not minimizing costs to reduce charges transferred to clients. Poor management and motivation of employees is always an issue in this falling company.

The company targeted all the clients in its geographical catchment and beyond which it has failed to satisfy.

Pricing analysis

The company will always be honest according to its mission statement. Therefore, the company will comply with tax payment as required by the law. The company will also charge prices fairly. This operation will make it special and unique by being famous thought the country. This will attractive the government and give it either free tax period or subsidize it costs.

COSTS TO ADHERE TO

To start accompany like universal inc,, drone one must adhere to the following costs for it to reach its long term goals.

Semi-variable costs – this is a cost that contain both the recurring expenses like salaries of employees known as fixed costs and variable costs in an organization.

Allocated costs – this are expenses that are assigned to an organization in each department in every financial year like the maintenance costs.

Indirect costs – this are costs incurred in acompany or in an organization which is not direct to the production of the organization’s products but helps in smooth running of the organization for example phone call expanses.


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