Business Organisations and Operations Assignment Task 1 Differences between types of organisations Sole trader: is the simplest way to run a business - it does not involve paying any registration fees‚ keeping records and accounts is straightforward‚ and you get to keep all the profits. However‚ you are personally liable for any debts that your business runs up‚ which make this a risky option for businesses that need a lot of investment. Partnerships: consist of two or more partners who are
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2 Distinction: Evaluate the possible consequences of Michelin failing to meet its aims and objectives Aims and objectives are the `ends` that an organisation seeks to achieve. It then has to decide the means it will use to achieve those ends. Aims- facilitate mobility‚ long term performances. Objectives- markets and customers‚ employees‚ economic performances‚ environmental policy and product/manufacturing. These provide guidance for management actions. Most organisations have general or
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www.ccsenet.org/ass Asian Social Science Vol. 8‚ No. 10: August 2012 Managing Stakeholders: An Integrative Perspective on the Source of Competitive Advantage Minyu Wu’ ’ School of Business‚ Curtin Universify Sarawak‚ Sarawak‚ Malaysia Correspondence: Minyu Wu‚ School of Business‚ Curtin Universify Sarawak‚ CDT 250‚ 98009 Miri‚ Sarawak‚ Malaysia. Tel: 60-8-544-3844. E-mail: minyu.wu@curtin.edu.my Received: March 19‚ 2012 doi:10.5539/ass.v8nl0pl60 Abstract Despite the enormous amount of academic
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Type of business‚ purpose and ownership (P1) To run a business smoothly or effectively all business have aims or purpose‚ this could be survivor‚ to grow‚ to become a market leader. A business also aims to provide exception service or to create a reputation as the best on market. Types of business To understand how business works and what they set out to achieve‚ it’s necessary to have an understanding of the main types of business sectors which exists within a business organisation. There are
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access weekly sales analysis reports‚ and then evaluate sales made by each salesperson. "Management information systems arose in the 1970s to focus on computer-based information systems aimed at managers." (Laudon‚ 2002‚ P15). Because of the growths of the Internet‚ globalisations of trade‚ and the rise of information economies‚ have to improve the role of information systems in business and management. And then it needs pays attention to organisation management information that issues raised by sociology
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Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Tesco In all the business in the country like Britain‚ they have to have this in mind that there are changes that are taking place in the business environment and to the people who maybe the shareholders. These changes can be the political‚ legal‚ and the social factors with the business environment and the country. Political factors of Tesco as a retail
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Diversity Paper How Diversity Relates to Education Kim Dieter December 7‚ 2012 How Diversity Relates to Education In the general education system‚ it is very important that there is a wide array of diverse groups in the classroom. “It is important to have a diverse student body‚ not only to create a realistic setting but also to encourage people to grow outside their boundaries and learn something new about a culture they may not be familiar with.” (Pendulum 1) I believe diversity
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An Inconvenient Truth- A Global Warning and How it Relates to Business Law Outline 1. Introduction to the film 2. Business Law 1. Stakeholders in general 2. Example Case of Global Warming 3. Plaintiff 4. Defendant 5. Five stages of the case 3. Ethical and moral dilemma? 1. Ethical perspective from the ethical decision making toolkit 1. Friedman’s free market ethics 2. Utilitarianism: Assessing Consequences 3. Deontology: Rights and Duties
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Make Aim In Life Most Importent In Our Life “The aim of life is self-development. To realize one’s nature perfectly- that is wht each of us is here for.” - Oscar Wilde Aim or setting goal is important for every person because without aim man is directionless. Aim in life gives meaning to life.Person is incomplete without a aim in life. It is very important that a aim is formulated and efforts are put in to achieve that aim. The following question should stimulate
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the way people behave in a society or in an organisation. Culture at the level of an organisation is referred to as organisational culture‚ and culture at the level of a society is referred to as national culture. Organisational culture refers to an organisation’s own values‚ beliefs and learned ways of doing business. This is reflected in its structure and in the people who work in the organisation. The culture of an organisation is derived from its aims and purpose‚ its past‚ its present and its
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