Abstract This paper will evaluate the advantages or disadvantages of each business type with the business issues facing. It will discuss the management decision to make concerning which legal form of business that will facilitate my firm to succeed. Key words: Management decision‚ advantages‚ disadvantages‚ legal form of business. My business Type Decision for a Successful Company My invention of a new home appliance was a great idea. In fact‚ it is easier and safer to use than the old appliance
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SWOT Analysis Strengths McDonalds has built up huge brand equity and has large market share. Strong brand name‚ image and reputation McDonalds has strong supply chain to support their business. Good innovation and product development. Nutritional information of product available on packaging The McDonalds brand offers consumers choice‚ reasonable prices‚ quality product and great service Strong global presence and performance in the global marketplace Large amounts
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amount of litter around the restaurant. 1. 2. 3. 4. Having identified these stakeholder interests‚ you should now be able to identify where McDonald’s may face conflicts in dealing with these stakeholders. Some of these influences will affect the way that the business is managed and run. Task 3 (3 marks) Describe three possible areas of conflict between stakeholders and identify the stakeholders involved. Example: There may be complaints from the workers about the level
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POLITICAL SCIENCE AS A SOCIAL SCIENCE Political Science is in part a social science‚ and in part a humanity. Both are important. In this topic‚ we will look at the basics of social science inquiry‚ and then proceed to show how this differs from‚ on the one hand‚ inquiry in the natural sciences and‚ on the other‚ inquiry in the humanities. Social Science Social science inquiry seeks to develop empirical theory. �Empirical�
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Introduction This report evaluates how future changes in the legal‚ social‚ political and economic factors may affect the growth strategies of Coca-Cola Enterprises Ltd. The report also briefly explains how a forecast change in the aforementioned factors may influence the plans of Coca-Cola Enterprises Ltd. The following are the 4 main factors: 1.Economic Factors In the future‚ economic factors will have the greatest influence on Coca- Cola Enterprises Ltd. The Office of Budget Responsibility
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they have established more than 30‚000 franchising stores in 119 countries‚ serving more than 47 million people each day‚ and generating about $15 billions revenues annually. McDonald’s also continuously enhances its brand imagine through different social activities and the sponsorship of special events and sports i.e. as a major sponsor of the world cup since 1994 and the Champions League football in England from 1996 to 2000.(www.McDonalds.com) How can McDonald’s achieve such success? There are
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Introduction As a third world country‚ the Philippines faces a great many social‚ moral‚ political and economic challenges. These challenges pertain to the small business which effects to the economic well – being of the nation. The local government in embarking its thrust on several programs to address the problems and the Department of Trade and Industry as one of the lead agencies in dealing with the challenges and factors affecting small businesses in General Santos City‚ thus the development
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defined that a legally binding contracts need offer and acceptance in order to create a legal relation. Basically there is a need for a contract to be supported by consideration. In other words‚ in English law of contracts it is required that the parties bring something valuable in exchange for the promise that they have made in that agreement. Therefore a legal consideration converts a social agreement into a legal agreement. According to Lord Pollock’s definition‚ consideration is “An act or forbearance
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SOCIAL FACTORS FROM PESTLE With the social factor‚ a business can analyze the socio-economic environment of its market via elements like customer demographics‚ cultural limitations‚ lifestyle attitude‚ and education. With these‚ a business can understand how consumer needs are shaped and what brings them to the market for a purchase. This has to do with the beliefs and culture of the society you are operating in. Population trends‚ dietary considerations‚ ethics and media‚ and spend habits are some
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Social factors were the most prominent factor to contribute to the changing status of women in Britain in the years 1860-1980 as women had more freedom in exploring different aspects of the society without hesitation and without feeling the upper hand from men. A women had the freedom to wear and behave the way she believed was correct and not necessarily according to how the society would have preferred her to behave. One of the most significant act is the “The Matrimonial Property Act of 1970”
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