Hypothetical Business & Forms of Business Organization Week Two Assignment: BUS/210 - FOUNDATIONS OF BUSINESS University Of Phoenix Hypothetical Business & Forms of Business Organization The business I choose will be a restaurant for the purpose of the examples as we all have experience with them on a regular basis. The Joint-stock company‚ In this model we need to raise money to open or run our restaurant we want to make up for the
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* Do you think Sonic would have grown as large as it did today if it had remained a sole proprietorship? Why or why not? * What were the advantages and disadvantages to sonic of each form of business ownership? * There have been lots of drive-in and fast food restaurants over time. In your opinion‚ what makes Sonic and other major franchises more successful than others? I personally do not think that Sonic wouldn’t have grown as large as they are now if they would have remained a proprietorship
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UNIT1. BUSINESS PURPOSES Task 1– P1 Identify the purpose of four different business organisations Business Ownership Size Scale Purpose Employees Income/profit Tesco PLC 260000 in the UK‚ 380000 worldwide £46.6b sales National and international: 1500 stores in the UK and 2700 worldwide Tesco’s purpose is the make a profit. They supply goods and services to consumers. Their strapline is ‘every little helps’ Tesco is a public limited company (PLC). This means that the company
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So now‚ be ready to move to the next part of our presentations. In this part‚ I will analyze the real situation of the corperate entertainment in Vietnam in recent years. 1.general situation in Vietnam In Vietnam‚ corporate entertainment is more and more developing thanks to fast industrization and modernization in recent years. The form of corporate entertainment first came to Vietnam in 1990‚ but only in the last two years has it seen strong development. It can be comprised such as Meetings
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? Limited liability company The idea began to resonate in my mind about a year ago that I should have a career that I would love and really enjoy going to work for. Soon after I came to that conclusion it dawned on me that that job for me would be to own my own coffee shop. Choosing what the business does is only a drop in the bucket when it comes the steps of creating that business. First I need to decide whether I should go into this business venture with someone else‚ otherwise known as
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Factset Philippines Inc. is engaged in integrating financial information‚ analytical applications‚ and client service to enhance the workflow and productivity of the global investment community. It commenced operations in 2009‚ and is located in Mckinley Hill‚ Taguig. Its parent company - Factset Research Systems based in Norwalk‚ Connecticut‚ has consistently been ranked as one of the best companies to work for by Forbes and Glassdoor.com. One department in the Manila office is the Corporate Profiling
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Introduction Sika Paint Industries (Pvt) Limited is the manufacturer of the leading brand “SPARCO” commonly known by its trademark SPARCO Paints in the domestic and the international market. Sika has steadily and progressively marched into newer heights of popularity and accomplishments in the past more than two decades of its inspection. The company was founded by Malik Muhammad Javaid Iqbal in 1988 as a sole proprietorship concern led its fast growth with dynamism to make it a private limited
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The rewarding system of Hayleys Advantis follows a conventional style of recognizing the employees who have achieved the pre-set goals and objectives set by the company. Each employee is entitled to a set of rewards should he or she succeeds in reaching the targets that were handed out to them at the beginning of the period of assessment. The rewarding scheme follows traditional methods of pay increases‚ promotions‚ incentives‚ benefits‚ shares‚ additional leave‚ leisurely services‚ transport allowances
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BLACK AND DECKER CASE ANALYSIS Black and Decker a company that has a long history of innovation‚ is a great example of how an organization must constantly adapt to a changing environment. As a company that has a presence of over one hundred years it had to reengineer itself‚ when after years of dominating the market it started losing market share. It is easy to see why a company that was the first to introduce products like the first ½“ special drill was the first all-sleeve-bearing power tool
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There are four different forms of a business organization. They are a joint-stock company‚ limited liability company‚ partnership‚ and sole proprietorship. These forms of a business organization were started to help business owners with valuable support to make them profitable and successful. The first form of a business organization is a joint-stock company. Joint-stock companies are comprised of entrepreneurs that will raise the company’s wealth by selling stock shares to investors. There are
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