Assignment Content | Chapter 1 | First Question | Chapter 2 | Second Question | Chapter 2.1 | Characteristics of “Partnership” | Chapter 3 | Third Question | Chapter 3.1 | Characteristics of “Business Environment” | Chapter 3.2 | Characteristics of “Porter’s Five Forces” |
ADIL ZHAXYLYKOV
TP029709
UCFF1207(G2-T2)
BM004-4-0 ITB
1. What would be the aims and objectives of the business Luke is planning to implement after graduation?
The main aim of the Luke’s business idea is to provide lessons to people especially older people, on how to use the internet and e-mail. He would like to eliminate the “fear” of going back into the workforce among older people and has decided that he will provide hands on experience of the
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Disadvantages of “Partnership”: * Unlimited liability; * Decision making is not easy; * Business continuity is not ensured; * Limited expansion ; * Share of control; * Profit sharing.
I’ve just explained main characteristics of “Partnership” even if it has some disadvantages I consider that this type of organization most appropriate for Luke’s project. As we know he feels lack of business knowledge and also fears that he might not have sufficient funds to start up that’s why he anyway needs partner’s support.
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3. In your opinion, what forces in the business environment could potentially affect Luke’s business?
We know that the main idea of Luke’s business project is providing IT lessons by his self, however, he is going to set up this project in partnership with his housemate Eric although that type of organization is most appropriate it has some forces which could potentially affect to his business. A business doesn 't exist in a vacuum: environmental forces can affect businesses positively by driving sales, or they can cause negative effects by increasing the cost of goods sold or by increasing a business 's overhead. A business depends upon its ability to generate a profit despite the external factors affecting it. While most environmental forces may be outside of a company 's control, it can still succeed as long as
| The partners are jointly and severally liable for business debts and obligations. The partners are held personally responsible for the business and may be sued personally for liability. Partners’ personal assets are subject to lawsuit(s) made against the business. Lack of continuity; death of a partner may end the partnership/business if a buy/sell agreement is not in place. Disagreements may be difficult to resolve.
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2. Evaluate Gordon Biersch's organizational alternatives to realize its growth ambitions. Recommend a course to follow?
There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.
Please note that this Assessment document has 8 pages and is made up of 7 Sections.
M1 - Compare the purposes of the different documents used in the selection and recruitment process
A way of doing this task efficiently would be to keep a log setting out of the roles that you and the other members of the team have within the team in which you are working as a part of.
There are many different paths people can take throughout their lives. In the novel, Fifth Business by Robertson Davies, the main character, Dunstan Ramsey, takes the path of the Canadian hero. There are many different steps to be taken by the hero and Dunstan Ramsey follows his path by completing each step.
Disciplinary procedures are a set way for an employer to deal with disciplinary issues. They should include a disciplinary hearing where you’re given a chance to explain your side of the story.
Take in and implement better technologies immediately as soon as they have availability, regardless of whether or not there are organisations using them beforehand
Telephone – A telephone maintains a few different features rather than just receiving and making calls. At work the phones that we use are often different to
| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.
When you develop messages, what factors should you consider as you choose your words? Which considerations do you think are most important? Why?
Sesamware is a Japanese software company which is very popular for open source software. Sesamware got international approval with an online multiplayer fantasy dimension game, Para World in mid-1990. Para world was very popular in the world between 2001 and 2004. Firstly, it was installed as part of the bundle downloaded by hundreds of millions of gamers around the globe. The open source code helped to easily adapt every facet of computer life for all platforms and operating, networking, navigation and security systems.
A businesses environment creates many opportunities as well as problems for prospering businesses. The environment determines what a business can do by shaping and channeling its development. Businesses function within an environment by allowing entrepreneurs to raise capital and create profits freely. The supply of money available within a business as well as the economic stability through times of growth and recession have strong effects on businesses. Not only is the physical environment, including natural resources, pollution and energy as discussed previously, important, but many other