designed to assess your achievement of all of the learning outcomes from the Module. Intended Learning Outcomes 1. Consider the theoretical underpinning of a marketing environment. 2. Analyse an organisational context in relation to the relevant issues with regard to the fundamental principles that underpin the marketing process. 3. Apply theory to practice in order to generate solutions to a simple problem that addresses major impact on business organisations. 4. Evidence judgement
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Peter Drucker‚ in his paper What is “business ethics”? (1981)‚ makes the argument that ethics‚ as the “in” subject‚ is defined as “one set of rules of morality which governs individual behavior and that it applies to everyone alike”. The reason for the insistence on one set of rules is that‚ otherwise‚ only the powerful‚ the strong and the successful will gain exceptions. According to this paper‚ ’business ethics’ implies that acts that were done by an average person are not immoral or illegal
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Partnership. Each type of business effects the government and economy in several different ways; either working to better the economy and government or working against it. The way each business works is quite similar‚ they all work together to accomplish the same goal; to make a successful‚ plentiful business worth a lot of money. The first type of business to describe is Sole Proprietorship. This is the easiest type of business to set up and the most common. It is a business owned and run by one individual
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A contract can be defined as an agreement containing promises made between two or more parties with the intention of creating certain legal rights and obligations and enforceable in a court of law (Gibson & Fraser‚ 2012‚ Business Law‚ p303). A contract must be satisfied certain legal requirements which are agreements‚ intention to create legal relations‚ considerations and capacity. Agreement = Offer + Acceptance Therefore‚ here apply the rule
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Sole Proprietorship A business with one owner who is responsible for all features of the business. Everything that happens in the company from the daily operation to the legal obligations are controlled by one individual. Sole Proprietorship Advantages: • Convenience - Usually the least costly to begin. Sole proprietorships are easy to start up. They entail acquiring the proper licenses and permits. Regulations very from industry‚ state‚ and county. There is no administrative configuration
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The Evolution of Business Presented by Team B December 15‚2014 Overview of Business Evolution Feudalism Mercantilism Capitalism Commerce Property The rights Industrial Revolution Feudalism Middle age (A.D. 500-1500) The king had complete control. To make their estates more profitable landowners assigned the most able workers to take control of specific farms on their estates. System of tenant farming was developed. Mercantilism Products are traded across markets
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INTRODUCTION TO BUSINESS ASSIGNMENT 2/27/2013 SUBMITTED BY: THE RISING SUN 1ST SEMESTER‚ 1ST YEAR DEPARTMENT OF MANAGEMENT STUDIES UNIVERSITY OF BARISAL SUBMITTED TO: EASNIN ARA LECTURER OF MANAGEMENT STUDIES UNIVERSITY OF BARISAL BUSINESS Business come from the latin word “biznis”. Business means being busy at any work. When a man engaged in buying and selling products in order to earn profit. Business refers to an
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Introduction to business_MGT21_MCQs 1) Which of the following business type has longest life time? 1. Sole proprietorship 2. Partnership 3. Joint stock company 4. All of the given options 2) Election of the Board of Directors is done by Shareholders. 1. Through special resolution 2. In annual general meeting 3. In Special meeting 4. In statuary meeting 3) Which of the following business type‚ has to pay double taxes to the government? 1. Sole proprietorship
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Within the world of business there are rules‚ laws‚ and structures that must be followed in order to start‚ run and maintain a business. In the course book entitled Contemporary business‚ we look to chapter five to learn the much needed skills for organizing both small and large businesses and on chapter six we gain the knowledge and skills needed to start a business. Small businesses today are the majority and the norm. Small businesses contribute to our struggling economy by creating new jobs‚
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UNIT 202- Improve own performance in a business environment Understand how to improve own performances 1.1- Explain the purpose and benefits if continuously improving performance at work The purpose and benefits of continuously improving my own performance at work is to achieve many personal goals‚ receive a pay rise‚ and maintain a good performance and also to progress in my work to a new job role. 1.2- Explain the purpose and benefits of encouraging and accepting feedback from others
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