1. What makes an ethical decision or issue ethical? How would you explain the differences between ethical/nonethical and ethical/unethical? What ethical issues or dilemmas have you experienced in the workplace? Decision-making is one of the fundamental keys to the survival of an organization‚ more so now that economic boundaries between countries crumble‚ business becomes more complex‚ and the results of decisions often have global impact. Decisions are made constantly in business; it is the
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BBI20 – Introduction to Business Culminating Activity Andrae Kinglock Table Of Contents Marketing Page 3 Human Resources Page 9 Finance and Accounting Page 14 International Expansion Page 16 Production Page 17 Social Responsibility Page 17 Photos Page 19-21 Marketing: Description: My product will be a tutoring service for all those who are willing to spend their time to learn a new profession which will aid them
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a holding company that includes the world’s largest business-to-business e-commerce platform (Alibaba.com) and the excellent consumer-to-consumer auction website in China (Taobao.com) (“An Interview with Jack Ma”‚ 2009). As an outstanding company’s strategist‚ jack ma advocate for company social responsibility and personal action to improve China’s environment such as boycotting eat shark fins and fighting water pollution. He showed his business capability and strategic thinking capability in in e-commerce
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1st of February 2013 Business organization and management Business size Small business: e.g. Independent service-station‚ restaurant Medium business: e.g. coffee club‚ nando’s Large business: Maccas‚ red rooster‚ kfc Economies of scale; this term refers to the lower costs per unit of output as a result of operating on a larger scale. Question 1. What is meant by economies of scale? Provide 3 examples of typical economies of scale enjoyed by large organizations: a) Coles (big
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Business Strategy HND Business (HNDBUSCoreUnit7/Jan2013/) Submission date: 11th May 2013 By: Angela McGowan Student Reference: H1301100 Case Study The company I have chosen to use for my assignment is Premier Inn. Premier Inn are a part of a multinational company called Whitbread PLC. Premier Inn started out as “Travel Inn” and the name was changed in 2007 after Whitbread purchased “Premier Lodge”. Premier Inn is now one of the largest and cheapest (budget)
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Business valuations are an important issue that is always overlooked by many people. Most people are focused on making profit‚ and other things take the least priority. People will rather buy business magazines about making money and improving sales. They are interested in business opportunities and ventures. Making profit is important‚ but how secure are you with the future? A business valuation shows you what the future looks like. The approach to business valuations depends on your type of organization
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Big Business Starts as Small Business Software to support a growing enterprise There are two certainties in life – death and taxes. While both are unavoidable‚ at least the taxes issue can be managed. But managing taxes‚ and business finances in general‚ takes detailed information. Considering how most small businesses get their start in accounting for their business operations‚ it is not surprising that information gathering becomes one of the most time -consuming and frustrating tasks around
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http://businessdictionary.com‚ "The capacity and willingness to develop‚ organize and manage a business venture along with any of its risks in order to make a profit." As a business management student‚ I understand the idea of business itself. In my opinion; risk‚ capital‚ innovation‚ and proper management‚ are the four key factors that makes up entrepreneurship. Of course‚ if an entrepreneur lacks‚ at least‚ one of those‚ his business has a high probability of crumbling down into the ground sooner or later. There
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in which the company is involved besides following the instructions of the board of directors. Directors should also exercise caution and competence in all circumstances as a sensible person would react under the situation. Directors also should not make use of the information attained as a board of the directors. Fairness is also an important duty of directors whereby directors should deal with their fellow board of directors and shareholders without any favouritism. Directors should not get engaged
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somebody and enjoys a good and sustainable market’. Business excellence is often characterized by principles‚ practices and techniques in managing the organisation and achieving results‚ based on a set of fundamental concepts or values. Many countries have developed their own models and frameworks to evaluate and recognize organizations for their efforts in business excellence through awards programmes. In Singapore‚ for example‚ the Business Excellence (BE) initiative was started by Spring Singapore
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