types of business structures such as sole proprietorship‚ partnership and corporation. This week you will see a brief explanation of each as well as advantages and disadvantage of each of the business structures. Personal Business Structure Sole proprietorships are the simplest of all legal structures but they also lack many of the legal and financial protections of other business. The advantages of a sole proprietor are that owners not pay any taxes that are separate from the company‚ the cost is very
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Organization structure is defined as the way that an organization arranges its employees and management so that efficient work can be performed and it can meet its targeted goals.2 When an organization is small‚ a sole proprietorship or partnership where face-to-face communication is frequent‚ formal structure may not be necessary. In a larger organization such as a corporation or limited liability company‚ a more defined structure must be utilized‚ as decisions have to be made about the delegation
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McDonald’s tops the chart. McDonald’s market structure was decided upon for several reasons‚ and it differentiates from the other alternatives. McDonald’s uses three or more competitive strategies to maximize its profits over the long run. To further maximize McDonald’s profits‚ there are a few recommendations I would like to make in relationship to its strategies. Fast Food Industry: Perfect Competition Market Structure Perfect competition is the market structure that firms in the fast-food industry
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Some form of organizational culture and structure exist in every organization. Successful organizations are often credited with having an appropriate organizational culture and/or structure in place that allows them to reach success. Many companies can believe that they have the needed structure in place to assure success; yet they fail where others succeed. Some work very well‚ and some just do not work at all. For any organizational culture and structure to function properly‚ it seems as though
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Capital Structure 7 July 2013 Introduction The capital structure for a company can be very important for the success of the company. Many aspects of the business must be evaluated in order to determine the appropriate capital structure. Throughout this paper‚ three companies will be evaluated. The three companies being evaluated are eBay (NasdaqGS: EBAY)‚ The Clorox Company (NYSE: CLX)‚ and Alaska Air Group Inc. (NYSE: ALK). Company Overview eBay is a very popular company
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Organisational structures at First Steps Nursery and Matalan Activity 2- Analyse how businesses are organised This is an organisation chart of First Steps Nursery. This is an organisational chart of Matalan. Hierarchical- hierarchical organization is an organizational structure where every entity in the organization‚ except one‚ is subordinate to a single other entity. This arrangement is a form of a hierarchy. In an organization‚ the hierarchy usually consists of a singular/group
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fit into one form of the market structure types of pure competition‚ monopolistic competition‚ oligopoly and monopoly. In each of the four market structure types‚ analyse and evaluate the Structure-Conduct-Performance paradigm strategies a firm should pursue to sustain and improve on its profitability as much as possible. In the course of writing your assignment‚ you are required to use the SCP paradigm to evaluate the characteristics of the four market structure types‚ and how they impact on
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Organizational Structure The United States Army is a hierarchical structure when it comes to chain of command. To fight a war the U.S. Army deploys a variety of specialized systems and soldiers to the battlefield. To do this the US Army has adopted the divisional organizational structure. The Army is divisional but is structured as a functional structure; Army‚ Corps‚ Division‚ Brigade‚ battalion‚ company‚ platoon‚ and squad (Powers‚ 2012). An Army with a divisional structure therefore has a subset
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Our school should have lockers. Lockers are good because they help you hold your books and other items. Lockers also help us learn responsibility. Having lockers also helps them learn organization (Hernandez). It will help children not have back problems. Lockers will help hold out stuff. When ever I bring my lunch box to school I barely have anymore hands to carry my books‚ water bottle or thermos‚ PE clothes‚ and sometimes my Ceramics projects. So when I have to hold so many things they sometimes
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History of TCS Organization structure (This has been Taken from the CIO magazine –March-2008) "As we scale up over 1‚00‚000 employees‚ TCS needs a structure that allows us to build a nimble organization to capture new growth opportunities‚" Mr S Ramadorai‚ CEO and Managing Director‚ TCS said. The organization has been restructured into five units‚ which will provide customers a single view of the company. The units would address new growth opportunities‚ provide sharper accountability and groom
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