2.0 The Different Types of Business Activity By the end of this chapter‚ you should be able to: • Classify entities into primary‚ secondary and tertiary sectors • Explain features of public and private business • Understand the different forms of merger and take-over • Compare methods that measures the size of a business Levels of Economic Activity Stage Business Involved Primary Woodcutter Secondary Furniture Makers Tertiary Retailer Example – Stages in the production and sale
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Week 7 Learning Activity 1. Was the relationship among Grace and her sons a partnership for a term or a partnership at will? Grace Tengalhat and her sons‚ Manny and Jason verbally agreed to share the business for five years. “Partnership for a term is a partnership that exists for a specified duration or until a specified event occurs‚” (uslegal.com)‚ since they agreed for five years‚ this is a partnership for term. A partnership at will is when a partnership is made with no fixed term. 2. Did
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letters‚ posters‚ briefing papers etc. Using word processing is highly used in business as it is much more time effective and any errors that may have been made are easy to emend. The most well-known word processing software is Microsoft Word. Other software includes Lotus Pro and Word Pad and Open Office. Spreadsheets Spreadsheets are used in business because in a successful and well maintained company storing‚ managing‚ manipulate financial and
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VI. Results and Discussion In this exercise‚ the goal was to produce acetylsalicylic acid through the organic synthesis from the reaction of salicylic acid to acetic anhydride‚ the starting materials. Instead of using acetic acid‚ acetic anhydride was used as solvent since the anhydride reacting with water to form acetic acid tends to drive the reaction to the right. It results from the elimination of a molecule of water from two molecules of acetic acid (see Fig. 11.2). Figure 11.3 below
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Abstract: Family business begins with the best intentions‚ as time goes by most family members learn to work together‚ although emotions from time to time may obstruct business decisions. Conflicts possibly will arise as the family members see different growth perspectives in the business. The daily operations are troubled by conflict; when relatives as coworkers cannot derive to an agreement. Introduction and Problem Identification An article from the Family Firm Institute states‚ “the
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THE TASK “An organisation …has a personality‚ which we call its culture. And that culture influences the way employees act and interact with others.” Robbins‚ S.P. et al Management (2012) 6th Edition‚ Pearson Australia Essay Topic: What is “organisational culture”‚ and why is it important for managers to have a thorough understanding of their organization’s culture? Illustrate your answer with reference to examples. Word Limit: 1500 Your essay should include: REFERENCES: It
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Managing Multidisciplinary Professionals by Combining Assets and Activities HCA: 340 The Essentials of Managing in Healthcare Instructor: Kathleen Martocci January 18‚ 2014 The new organization in Tampa‚ Florida is very diverse but interrelated medical practice for multiple reasons but mainly through the physicians that have combined to create this practice. The three well-established physicians that combined to form the new organization are an obstetrician‚ a gynecologist‚ and
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1 WHAT IS CLIMATE CH ANGE? 1.1 INTRODUCTION Scientists around the world now agree that the climatic changes occurring internationally are the result of human activity. Although responsibility for the causes of climate change rests primarily with the developed and industrialised nations‚ the costs of climate change will be borne most directly by the poor. This is for a number of reasons‚ including: •many of the regions most likely to be adversely affected fall in the developing world; •the poor
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Managing Own Performance in A Business Environment Unit 1 1.1) 1.2) The purpose of planning work and being accountable to others for own work is being organised. 1.3) The purpose and benefits of agreeing realistic targets for work is making sure you have enough time to accomplish the targets in order for the targets to become obtainable in all areas. 1.4) Agreeing to realistic targets is setting goals and pushing towards accomplishing the goals with a time limit‚ in
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Managing a Business Event Rebecca Martin – 142786 Unit 18 – Task 1 Criterion Reference – P1‚ P2‚ M1 Introduction In this PowerPoint I will be describing the role of an event organiser and what skills are needed to run and plan a successful event. An overview of the importance of following organisational and legal procedures when organising and event will also be given with an explanation of how these procedures can affect the planning of an event. The Role of an Event Organiser An event organiser
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