Types and Forms of Business Organization There are millions of successful businesses around the world. One common trait all these businesses is that they have some sort of organization. But “What is Organization?” – it is the first topic I would like to speak. Then I will tell you about “Structure of an Organization”. After that we consider the “Types and Forms of Business Organization” and the variety of “The Names of Companies” (plc‚ Ltd‚ etc.) and‚ finally‚ I will tell some words about “International
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DIFFERENT TYPES OF BUSINESS PLAN * The most standard business plan is a start-up plan‚ which defines the steps for a new business. It covers standard topics including the company‚ product or service‚ market‚ forecasts‚ strategy‚ implementation milestones‚ management team‚ and financial analysis. The financial analysis includes projected sales‚ profit and loss‚ balance sheet‚ cash flow‚ and probably a few other tables. The plan starts with an executive summary and ends with appendices showing
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Parts of a Business Letter 1. Heading The heading is the return address of the sender. Many companies use letterhead paper which displays their address and the logo; if you do not use letterhead paper‚ write the sender’s address just below the date. 2. Date Include the date that you have written or sent the letter just below the letterhead‚ or above the sender’s address if you do not have letterhead paper. 3. Inside Address This is the address that you are sending your letter to; make
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In the United States or Canada there are many forms of business ownership. Many business owners‚ in the US‚ who decide to start-up their own business must carefully choose a form of business ownership for their corporation‚ this will determine the legal arrangements of the business. The reason it is important for a business manager to choose a legal development for his company is because this decision will have an effect on matters such as taxes and regulatory requirements. If an executive manager
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Angela Lum September 21‚ 2012 BUSI 2304 Exam #1 1. A 2. A 3. C 4. A 5. B 6. A 7. D 8. A 9. B 10. A 11. C 12. B 13. A 14. C 15. D 16. C 17. D 18. B 19. D 20. B 21. C 22. C 23. A 24. B 25. B 26. TRUE 27. FALSE 28. TRUE 29. TRUE 30. TRUE 31. TRUE 32. FALSE 33. TRUE 34. TRUE 35. TRUE 36. TRUE 37. TRUE 38. FALSE 39. TRUE 40. TRUE 41. FALSE 42. TRUE 43. TRUE 44. TRUE 45. TRUE 46. FALSE 47. FALSE 48. FALSE 49. FALSE 50. FALSE
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Questions 1. As my begins her business career she will probably find herself writing more ____ than anything else? a. Letter‚ memo‚ email‚ reports. 2. First thing you ask when begin analyzing task 3. Best comm. Channel when discussing disagreement with someone in your office 4. Email messages and memos 5. Feedback 6. Subject lines 7. Standard Guide words (to‚ from) 8. Formatting hard copy memos 9. Indirect patterns and when to use each of them 10. All
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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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TYPES AND FORMS OF BUSINESS ORGANIZATION A business organization is frequently referred to as a business entity. A business entity is any business organization that exists as an economic unit. Business entities can be grouped according to the type of business activity they perform. 1. Service companies perform services for a fee. This group includes companies such as accounting firms‚ law firms‚ repair shops‚ and many others. 2. Merchandising companies purchase goods that are ready for
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BBI20-INTRODUCTION TO BUSINESS Unit 1 BUSINESS FUNDAMENTALS Business Categories and Types of Business Ownership Learning Goals: I will be able to describe and give examples of the two business categories. I will be able to describe and give examples of the five types of business ownership. A business: Produces and/or sells goods and services to customers/consumers Business Categories 1. For Profit: makes money (most businesses under this category) 2. Not for Profit: Helps
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Nghi Le PHIL 301 Professor Stieb Midterm Exam‚ May 2‚ 2013 1/ What is ethics? What are some common ethical types? Why do business people need it? Can ethics be taught to people? Ethics is a study of morality‚ stems from the ancient Greek “ethos” meaning custom or habit. It is a study of theories concerning what is good and evil in human conduct. There is no particular set of laws defining what is ethical and what is not‚ because there is no right or wrong answer. The second sense of ethics speak
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