BUSINESS PLAN FOR HSJ EVENTS PREPARED BY: Jessica D’Alvarez‚ Sophie Jones and Hannah Lydford EXECUTIVE SUMMARY When discussing what business we would like‚ we all came up with the idea of event planning and that is what finalised our decision. We are all interested in event planning and therefore thought it would be a great business to start up. The purpose of our business plan is to provide structure in our business and to have a written record of our plans
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Definition of externalities: Externalities recently became an important and a popular term in the business world‚ especially with the risen of debates and arguments about the externalities’ costs and benefits‚ and the ethical issues related to it. Almost everybody deals with an externality everyday but without being aware of it (kaydee‚ 2008). The simple definition of says that Externality is the effect of an economic transaction which impacts somebody who was not involved in that transaction
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BUSINESS: EMPLOYING PEOPLE. 1. From the information provided it seems that the business uses a private ltd structure. 2. Employment on a permanent basis means that the employee has the job securely with no end date or contract renewal‚ on the other side of this style of employment is temporary employment‚ meaning the employer hires the worker for a set period of time such as Christmas or summer time. Both methods of employment have their pro’s and con’s‚ however‚ the main benefits of
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Numbers and measurements are the language of business.. Organizations look at results‚ expenses‚ quality levels‚ efficiencies‚ time‚ costs‚ etc. What measures does your department keep track of ? How are the measures collected‚ and how are they summarized/described? How are they used in making decisions? (Note: If you do not have a job where measures are available to you‚ ask someone you know for some examples or conduct outside research on an interest of yours.) “The different types of measurement
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A business is not one that lives in isolation; it can be an integral part in a community’s success or demise and has social responsibilities to; the community‚ stakeholders‚ and anyone who may be affected by a company’s actions. Corporate social responsibility is a term that is never used lightly and is a key role in the development of a successful and morally healthy business. “The objectives of a corporation are to outperform its competitors‚ presumably through preferred competitive strategies”
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Running head: Business Ethics 5 Business Ethics 5 Name Course Tutor 12th November‚ 2010 SECTION A I defend Norman Bowie’s arguments in “Relativism and the Moral Obligations of Multinational Corporations” that basic principles do not vary among cultures. Multinationals should therefore uphold universally or otherwise underlying ethical practices that uphold human rights. The basic underlying ethical principles do not vary among cultures and moral relativism is a phenomenon that should
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How would you explain the difference between ethics and morality? Provide an example of morality and one of ethics in your explanation. Ethics are more about a set of rules for a specific class of people‚ or a situation. They are more of a set of rules. While morals are more about an individuals’ set of rules for them‚ what they hold to be right or wrong that they follow to make decisions or take actions. A good example would be a lawyer who is defending a person who has committed a robbery. The
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Management Information Systems: Managing the Digital Firm‚ 11e (Laudon/Laudon) Chapter 2 Global E-Business: How Businesses Use Information Systems 1) Operational management is responsible for directing the day-to-day operations of the business and therefore needs transaction-level information. Answer: TRUE Diff: 1 Page Ref: 45 AACSB: Reflective thinking skills CASE: Content Objective: 2.2 2) Deciding whether to introduce a new product line is the responsibility of an operational
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its revenue is less than its expenses. A) True B) False Points Earned: 2.0/2.0 Correct Answer(s): True Correct Incorrect Ungraded 3. Business will incur a profit when expenses are higher than revenue. A) True B) False Points Earned: 2.0/2.0 Correct Answer(s): False Correct Incorrect Ungraded 4. Profit is the money that a business earns in revenue‚ minus investments‚ and the cost of salaries. A) True B) False Points Earned: 0.0/2.0 Correct Answer(s): False Correct
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Nicholas Business Law Sanders Professor Dennis 9/16/09 District Court of appeal of Florida‚ fourth district‚ 2007 U.S. 946 So. 2d 115 Issue: Should a plaintiff be awarded a case for negligence while being hurt in the owner’s night club‚ knowing that there was a tradition stating that napkins are allowed on the floor dry or damp and anything could happen? Decision: No‚ Florida state court specified that she knew about the risks going into the c‚ lub‚ and also denied her the right
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