Quality Control and Business

Topics: Quality control, The Capital, Quality assurance Pages: 5 (955 words) Published: December 5, 2010

Done by: Clement Gill 5R7 Mr. Edwin TABLE OF CONTENT

Description of business

The I-TEC Corporation is runned as a partnership of fifteen people. The numbers are important to guide the business to the right path of success. Ideas from each partner contribute to the growth of the business to new heights. The objective of the business is to provide low cost computers. It was started to address the problems that the country was facing with the “up to date” technology. If a country doesn’t have access to computers, the citizens will not be able to know what is going on in foreign countries and will be classed as “stone age”. -------------------------------------------------

Location: The business is located in Cul-de-sac which is not too far from the capitals town. It is an ideal spot because of its accessibility to transportation. Vehicles can both leave and enter the capital without the extra cost. It is also close to the docks where the business imports different parts for the manufacturing of the computers. It is also a government incentive, meaning the land was cheaper if the business had to purchase its own land.

The type of labor needed is


Management (1 for each sector of management)- to assist with the initial stability of the business also to check on production and marketing aspects.


Workers, It technicians, inspectors, etc(5 in each department). - to allow the business to be successful and to ensure that the work is being done right.


Drivers and transportation staff (about 12 drivers) – to ensure that products and raw material is transported in or out of the business safely.


Cleaning staff (10 to be able to cover that entire factory) – to ensure that the business is clean and a healthy environment. Sources of fixed and working capital

Fixed capital started with a loan from the bank. This sum of money enabled the business to cover up cost of the foundation and structure of the building, transportation and various machinery. Working capital was funded by the partner’s personal expenditure after saving money over the years and a small contribution by the bank -------------------------------------------------

As the entrepreneur I am the one with idea and goal to start off the business. Therefore I am the one how take serious accountability and inherits all the risks of the business. ROLES OF BEING THE ENTREPRENEUR

-responsibility of taking the risks of owning a business
-responsibility to ensure that the business is profitable
-all liabilities are directed straight to his funds

Type of production

The business has a domestic range of production. Meaning that the business presently sells to the market available in the country it is situated in. after a few years, the business hopes to grow into an exporting production era, when we will sell to other countries around the world.

Level of production

The company has a secondary level of production. It produces products from their raw material state and then sells it to the market. Mainly the business focuses on the production of the product.

In the secondary level of production, the business imports parts that are already manufactured from other companies and puts them together. -------------------------------------------------

Quality control measures

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