for each part of the assignment and complete the associated activities by typing in the space provided. Save the file and submit to your instructor using the Blackboard assignment tool. Assignment Scenario Kevin Peters‚ owner and sole employee of a XTRMachines Computers Ltd.‚ has a serious problem that could threaten his business. Over the past 3 years‚ he has built a loyal customer base (numbering in the hundreds) by selling and servicing custom-built computers for high-end PC enthusiasts
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* Business Environment Understanding the environment within which the business has to operate is very important for running a business unit successfully at any place. The environmental factors influence almost every aspect of business such as‚ its nature‚ its location‚ prices of products‚ the distribution system‚ or the personnel policies. It is important to learn about the various components of the business environment‚ which consists of the economic aspect‚ the socio-cultural aspects‚ the political
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Retail:-The selling of goods and services directly to consumers in small quantities. Retailing:-The activities involved in selling goods directly to consumers. ORGANISED RETAILERS:- Like department stores‚speciality stores ‚shopping complexes ‚ malls ‚ large scale multiple chains etc. Organized retailing‚ in India‚ refers to trading activities undertaken by licensed retailers‚ that is‚ those who are registered for sales tax‚ income tax‚ etc. These include the publicly traded supermarkets‚ corporate-backed hypermarkets and
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Shiela Mae BSBA-HRDM 1-6D 3 kinds of business 1 Sole Proprietorship A sole proprietorship places all liabilities for finances and operations on the owner. The owner’s personal property is tied to the business‚ so he assumes a risk against his personal assets should the business experience financial hardship. Annual income tax returns are filed on a Form 1040‚ and the owner must also file self-employment taxes. The profits and losses of the business are reported through the owner and are taxed
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Makeup of a business opportunity A business opportunity consists of four integrated elements all of which are to be present within the same timeframe (window of opportunity) and most often within the same domain or geographical location‚ before it can be claimed as a business opportunity. These four elements are: • A need • The means to fulfil the need • A method to apply the means to fulfil the need and; • A method to benefit With any one of the elements missing‚ a business opportunity
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Contents Section 1: Business in Contemporary Society 4 Section 2: Business Information and ICT 44 Section 3: Decision Making in Business 84 Section 4: Internal Organisation 128 Section 1: Business in Contemporary Society The role of business in society Everyone in our society has ‘wants’. Some wants are for things like food‚ clothing and shelter while others are for entertainment‚ leisure‚ travel and so on. Taking everybody in society together‚ there are millions of wants
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in the unregistered securities of either privately or publicly held companies. Both commercial banks and investment banks may engage in merchant banking activities. Historically‚ merchant banks ’ original purpose was to facilitate and/or finance production and trade of commodities‚ hence the name "merchant". Few banks today restrict their activities to such a narrow scope. History of Merchant Banking Merchant banks are in fact the original banks. These
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organisations. The two organization am going to talk about is JD sports and Sony. Trainers from JD sports and PS3 from Sony are the two products. Marketing and market research Marketing is the process to sell a product to customers for the purpose of selling is to make profit‚ it is also putting the right product in the right place‚ at the right price and at the right time. For example JD sports and Sony will sell their products such as trainers and PS3 to their target audience in order to make profit
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BUS 101: INTRODUCTION TO BUSINESS PROJECT ON SUBMITTED TO: SUBMITTED BY: SHERINA IDRISH (SeH) MD. FAZLAY RABBI ID 1410763030 Faculty TAZWAR NAYEEM MURSHED ID 1411454030 BUS 101 AVIRUPA FAIROOZ KAMAL ID 1411466500 Department of BBA FATEMATUZ ZOHRA SAMIA ID 1410787030 North South University RIASAT ZAMAN SAKIB ID 1411934500 MAHAMUDA SULTANA SONIA
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Business Level 2 Unit 1 Business Purposes Contents Introduction about the Unit 2 P1- Identify the purpose of four different business organisations. 3 P2- Describe the different types of business ownership‚ linking this to the size and scale of four different organisations. 6 P3: Explain how businesses are classified using local and national examples 8 P4- outline the role of the government in creating the business climate. 10 P5: Explain the characteristics of the local business
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