Your Business Structure Video Sole-proprietorships are formed by entrepreneurs as a way to easily break into a small business and get up and running quickly. Advantages of this form of business come in the form of ease of startup because there are fewer legal preparations involved. The owner also has full control over all business decisions so decisions are made quicker and easier than with partnerships. However‚ with a sole-proprietorship‚ the owner is fully reliable for all capital debt.
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When beginning a business‚ it is extremely important that the owners of the business decide the organizational form that will be beneficial to maximize the value of the firm. The owners must consider the size of the business‚ the taxation of the business‚ the liability of the owners and the ability to raise capital to finance the business (Parrino‚ Kidwell & Bates‚ 2012). The owners will then choose one of the 3 different forms: sole proprietorship‚ partnership or corporation. Sole Proprietorship
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Business Structures Selecting the correct method of incorporating and running a business depends on many variables. Specifically with the sole proprietorship‚ partnership‚ corporations‚ general corporations‚ subchapter S‚ limited liability corporation‚ an analysis of the advantages and disadvantages provides a deeper understanding of companies that operate under these monikers. The diversity of these individual methods well defines the types of businesses they correlate to‚ further diversifying
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STRATEGIC AUDIT WORKSHEET FOR APPLE INC. Prepared by: MGMT 4480 FALL 2009 I. CURRENT SITUATION A. Current Performance: Apple announced financial results for its fiscal 2009 fourth quarter ended September 26‚ 2009. The Company posted revenue of $9.87 billion and a net quarterly profit of $1.67 billion. These results compare to revenue of $7.9 billion and net quarterly profit of $1.14 billion‚ in the year-ago quarter. Gross margin was 36.6 percent‚ up from 34.7 percent in the year-ago
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Apple’s Business Models Analysis and Suggestion with Web 2.0 Strategy Student Name: Sun Shaoyun HKU No.2013951569 Contents 1. Introduction ....................................................................................................................................... 2 2. Apple’s Business Model .................................................................................................................... 3 2.1. Elements of successful business model ...........
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Internal Factor Evaluation (IFE) Matrix for Apple Strengths | Weight | Rating | Wt.Score | 1. Customer loyalty combined with expanding closed system 2. As a leading innovator in mobile device technology 3. Strong financial performance 4. Powerful Brand reputation 5. Retail stores 6. Strong marketing and advertising teams | 0.120.100.090.110.090.10 | 443434 | 0.480.400.270.440.270.40 | Weakness | | | | 1. High Price 2. Incompatibility with different OS 3. Patent infringements
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Background Sunflower Nutraceuticals (SNC) “started as an internet-based‚ direct-to-consumer distributor and retailer of dietary supplements‚ including vitamins‚ minerals‚ and herbs for women‚ with product offerings for all age groups”. (Harvard Business School Publishing‚ 2012). The company was founded in 2006‚ and SNC has expanded their operation into several new retail outlets. They found success when they introduced their own brand of sports drinks‚ metabolism-booster posers and vitamins for
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Apple Consultancy Report Word Count 2‚349 Introduction Apple Inc has been hailed as one of the most emerging company of the past decade. This company has progressed from a struggling computer company in 90’s to one of the major leaders of the computer industry. There are many factors that have led to the success of this firm. One of them is setting up a strong e-business strategy. E-commerce has been pivotal in Apple operation. This is because of the reason that the company relies on the
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The Uneasily Defined Organizational Structure of Apple Anna Windust MGT/230 January 20‚ 2013 Christi Monk The Uneasily Defined Organizational Structure of Apple Organizational structures have been used for centuries to help people within organizations to understand who holds authoritative roles and how it is ordered‚ who has certain responsibilities and how they are organized and executed‚ and how communication flows between the tiers of management (“BusinessDictionary‚” 2013). There are
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Organisational structures Most businesses are organised into structures because having a structure enables them to meet their purposes and aims and it also means that each employee will be divided into the job they specialise in which would mean an increase in production and an increase in sales for the company‚ this also means each employee is clear on what they have to do. An organisational structure is also established so that there are no conflicts in opinions about what decision to make between
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