1. Sole trader businesses are the easiest to set up because there is no complex paperwork. The business and the owner are the same person in law. The sole trader does not have limited liability which means that they are responsible for all the debts of the business. The sole trader has to produce an annual accounting return for the Inland Revenue. 2. Partnerships are set up by a Deed of Partnership which is a document made out by the partners and witnessed by a solicitor. This Deed sets out the
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Organizational Impact Paper Innovation‚ Design‚ and Creativity for a Competitive Advantage Organizational Impact Paper Innovation is something every company wants to have in his or her industries. The process of turning the innovative idea into a product for consumer purchases requires the leaders of an organization to identify how to implement innovation based on the company structure. The company structure can help determine if the innovation becomes successful. The following will identify
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Sales Force Selection The sales force is solely responsible for building the bottom line of an organization. It is the only department that brings in revenues & hence must be given due importance in the organizational structure. Selection of the sales force must be a careful process that ensures that top quality salesmen‚ who will exhibit motivation‚ a strong orientation towards results & loyalty to the company. Selection is the process of discovering the qualifications & characteristics
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Factors Influencing the Media Selection: [pic] The problem of selection of the best medium or media for a particular advertiser will vary greatly‚ depending on the particular situation‚ circumstances and different other factors in which a person is conducting individual business. Media selection involves a basic understanding of the capabilities and costs of the major media. The problems which the advertising has to face in the selection of media are: 1. Profile of the target market 2.
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particular. The two of which are employee recruitment and employee selection. An organisation has extremely little‚ to no‚ control over its external environment‚ the aspects of which are too numerous to list. The external environment influences HRM practices‚ thus influencing HR activities‚ both directly and indirectly. In other words‚ an aspect of the organisation’s external environment may directly affect the processes of employee recruitment and selection through influencing HRM practices‚ but
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LO1 (3.1): Explore organisational structure and culture LO2 (3.2): Examine different approaches to management and leadership and theories of organisation LO3 (3.3): Examine the relationship between motivational theories LO4 (3.4): Demonstrate an understanding of working with others‚ teamwork‚ groups and group dynamics. P1: (3.1.01): Compare and contrast different organisational structures and culture P2: (3.1.02): Analyse the relationship between an organisation’s structure and culture
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read in the book‚ describe what would be according to your personality the ideal job for you ? (Sessions 1 and 2) With noadays’ global and competitive environment‚ Organisation Behaviour look further in workforce diversity. It seeks to include different personnalities in an organisation to improve performances and increase organisation values. Personality is about determining a person’s reactions and interactions with others. Though a part of this fact is determined by heredity‚ it is also a process
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Gender Selection The process of selecting a gender to be used in establishing a pregnancy has been a controversial issue in the United States. The new reproductive technologies have raises ethnical questions regarding its morals injustices. These revolutionary techniques create many disagreement among people as some believe that is beneficial and others think it is wrong because is not part of God’s wishes. What people who disagree with this procedure do not understand is that gender selection will
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look into things such as the competative and external environment whilst finding key factors which are affecting the organisation. Meanwhile the company’s competitive strategies will be investigated. 2. PEST – External Environment I have been told to analyse the external environment and from this identify the key factors which are affecting Wetherspoons‚ the majority of research I did for this was over the internet‚ reviewing different sites with relevant information then adding my personal
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Sexual selection was an idea proposed by Darwin and refers to the process in which males and females attempt to maximize their chances of reproductive success. Within a species there are certain characteristics that make individuals attractive to potential mates. An example of this is in peacocks‚ female peacocks are attracted to males with long brightly colored tails‚ even though this makes them easier to be spotted by predators. This characteristic then evolves within the species due to how males
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