Chris Fowlks Student ID: 000433225 Legal Issues for Business Organizations Task 1 SOLE PROPRIETORSHIP: A sole proprietorship is the easiest and most simple business form to operate under. The sole proprietorship itself is not a legal entity. In a sole proprietorship‚ the person who owns the business is personally responsible for the business debts. • Liability: The business owner is personally liable for any claims/lawsuits against the business. If a sole proprietorship is defeated in a lawsuit
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improvement or opportunity that could be applied in a business operation. Describe the business and the project you might initiate. You will need to describe and define the project‚ in context. Explain why such a project would be beneficial. What procedures might you use to ensure that the project was sponsored and supported by the organisation? Define the project – write a project narrative then develop a project plan‚ including the processes that would be used to manage financial‚ technical‚ human and physical
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Business report Global business operations - Lamborghini Aventador Executive summary This report addresses the operational processes‚ influences on the business and operations strategies in relation to Lamborghini‚ and the Lamborghini Aventador. Section 1 of the report outlines the operations processes Lamborghini implement in order to create the Lamborghini Aventador. This section goes into detail about the inputs (materials used‚ human resources and machinery)‚ the transformation process
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Business Report This report is to seek the contemporary issues businesses are facing in Australia and how the internal and external influences have an impact on business opportunities in NSW. There are many contemporary issues businesses are facing in Australia at this time as we are in the trough of the economic cycle. The key business issues found in the articles were the competition between businesses‚ the increase of petrol prices‚ investments‚ the euro debt crisis‚ the carbon tax‚ the
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How Macroeconomics affects business Macroeconomics is a branch of economics that explores trends in the national economy as a whole considering the study of the sum of individual economic factors. Macroeconomics considers the larger picture‚ and an understanding of how do business operates is crucial to understand macroeconomics. Macroeconomics is intertwined with business because business is affected by the factors that constitute macroeconomics. Circular-flow diagram: a visual model of the economy
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employers in a business environment. 1. Health and safety 2. Data protection. 3. Pay and Pensions 2b) List three key points of legislation that affect employees in a business environment. 1. Pension 2. Employment Rights and Resposibilities 3. Pay 3. Identify a range of places where a person can find information on employment rights and responsibilities. You should identify at least two internal and two external sources of information. Internal 1. Line Manager 2. Personnel
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Kaplan University Marketing Management MT450-01 Minnesota Micromotors‚ Inc. Marketing Simulation 2015 Q2 As I get further and further along in this simulation‚ I have noticed that I am beginning to understand what it takes as a marketing manager in order to be successful. Careful considerations must be made to be sure that the right decisions benefit both Minnesota Micromotors‚ Inc.‚ and our customers. Our success comes from our customers’ success and loyalty that they have with this company
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examples to help illustrate the points you want to make. The answer should be clear‚ logical and cover all aspects of assignment question The answer should bring in the concepts‚ theories‚ and analysis tools to case questions. Question 1: Amazon’s business model was initially based on books delivered direct from supplier to customer‚ with its web site as the intermediary channel. Amazon also lost huge amounts of money for some years. Eventually it created a distribution network able to deliver around
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QUESTION : Business and Ethical practices/Issues in International Business and the role of Multinational enterprises (MNEs) Introduction to Business and Ethics The ethical-related issues have represented the foundation of different religions and life styles. Ethics can be found in all aspects of human activity as the individuals have been preoccupied with the quality of their behavior towards the people around. Even if they do not purposefully intend to improve their relations with the others
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ITSC‚ PMO‚ NRG and explain. BPTO – Business Process‚ Technology and Organization. Matulovic created BPTO as firefighters who dealt with challenging projects. Consisting of 23 people‚ Matulovic created the organization to remove the ambiguity of governance and development processes. DBC – Digital Business Council‚ composed of representatives from the eBusiness teams within each business unit. They were responsible for categorizing projects‚ assessing their business impact‚ discerning alignment with
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