Perlis SCHOOL OF BUSINESS INNOVATION AND TECHNOPRENEURSHIP E-Business BFT 104 Individual Assignment Prepared by: Shahboz Babaev 111240019-5 Question 1 : Differences between E-Business & Traditional Business Since the surge of popularity of the Internet‚ many entrepreneurs have capitalized on it by starting businesses completely based on an online platform. These are called e-businesses or e-commerce sites. The typical e-business follows a different business model than traditional
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Business Strategy Victoria’s Secret‚ in both its’ business and e-business components use a B to C business strategy that focuses on the same market segment and economics in both channels. Strategically the company focuses on individual business processes instead of its’ business model so that it can improve upon some of them with technology as this avoids a primarily internet-driven business model which could affect the sales of their retail locations. Their business processes that support their
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Family business are businesses that are created from their founding fathers of that era‚ if may evolve from small businesses into big enterprises. Family business is playing a very important part in the economy of Malaysia; the reason is that more than half of the Gross Domestic Product of Malaysia is from the family businesses that are conducted in Malaysia. For example The Genting group and The Berjaya group are two of the most famous family businesses that are conducted in Malaysia. The following
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Economic Objectives Business is basically an economic activity‚ its primary objectives are economic. The economic objectives of a business are to earn sufficient profit to give reasonable reward to the investors of capital and to provide funds for expansion and diversification. The main economic objective of business may be described as under: (a) Earning Profit: Business activity is undertaken for earning profit. Profit is the basic incentive to business pursuits. It is the most important objective
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COLLEGE OF BUSINESS TMC COLLEGE LAW Individual Assignment The Importance of Understanding Business Law in Malaysia PREPARED FOR Mr. William Tan PREPARED BY Ilyassova Daniya SUBMISSION DATE 2 June 2014 Table of Content No. Details Page When doing a business it is important to understand laws that apply to your business‚ laws depend on the country you live in‚ but there are many
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Starting a business can provide you with a more rewarding life‚ but there are no guarantees. The start-up survival rate remains low. Estimates vary‚ but up to a third of new UK businesses are believed to fail in their first year‚ while more than half fail within two. However‚ the good news is many new businesses do survive. If you take care of key start-up tasks properly and in the right sequence‚ you can get your new venture off to a great start. Decide which type of business How much time
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Women Entrepreneurs in Business While women still face an uphill battle when it comes to breaking the corporate glass ceiling‚ many women are finding success these days as entrepreneurs‚ building their own businesses without those ceilings to hold them down. The growth rate of women-owned businesses has climbed steadily‚ even as they continue to face challenges with getting the financing and other assistance they need to succeed. However‚ there’s no doubt that women entrepreneurs are‚ as a group
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Written Assignment 1 Write a paper of 500 – 800 words in APA format about Business Rules. Among other things‚ define what they are‚ main sources for them‚ why they are important‚ and what you would do with them. Include a brief explanation of what your company does and some of its important Business Rules. Business Rules‚ as defined by our textbook are a description of policies‚ procedures or principles of an organization written in a simple and concise format. These rules are used to create the
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BTEC HND Business Assessment activity front sheet Assignment Title: Business Environment Unit: 1 Title: Business Environment Purpose: The aim of this unit is to provide learners with an understanding of different organisations‚ the influence of stakeholders and the relationship between businesses and the local‚ national and global environment. Learning Outcomes: LO1: understand the organisational purposes of businesses LO2: understand the nature of the national environment in which businesses operate
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TRENDS IN THE CONTEXT OF ORGANIZATION DEVELOPMENT The field of OD is evolving‚ but so too is the context within which OD is applied. As summarized in figure 25-2. Several interrelated trends are affecting the context within which OD will be applied in the near future. They concern various aspects of the economy‚ the workforce‚ technology‚ and organizations. In some cases‚ the trends will directly affert OD practice. Technology trends‚ such as Internet portals‚ voice over the internet‚ and wireless
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