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School Base Assessment {S.B.A} on production

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NAME: SHUNTEL S. DAVIS
SCHOOL: DENHAM TOWN HIGH
TEACHER: MISS SAVOURY
SUBJECT: PRINCIPLES OF BUSINESS
GRADE: 11D
DATE: 2013
CENTER #: 100027
TOPIC: ESTABLISHING A BUSINESS: PRODUCTION

Table of Content

Title Page………………………………………………………………….

Executive Summary………………………………………………………

Description of the Business………………………………………………

Justification of location……………………………………………………

Selection of appropriate labour……………………………………………

Sources of fixed and working capital…………………………………….

Role of the Entrepreneur………………………………………………….

Types of production……………………………………………………….

Levels of production……………………………………………………….

Quality control measures……………………………………………………

Use of technology………………………………………………………….

Linkages……………………………………………………………………

Potential for growth………………………………………………………...

Government regulation………………………………………………………

Ethical issues………………………………………………………………..

Production chart…………………………………………………………….

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Executive Summary

Description of the Business

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S.S.D MANUFACTURES is a type of business which specializes in the making of female perfumes. This business also provides a rage of goods and services. And also rages from a variety of different scents. S.S.D is will ensure that people get good, quality, long lasting perfumes that they will continue to support.

Mission Statement

The business wishes to achieve a development of long lasting perfumes as a result of females feeling vibrant, fresh and comfortable. The business also wants to continue indefinitely and accomplish the set out goals.

Justification of location

S.S.D MANUFACTURES business location was perhaps the most hardest and important decision when starting the business. Owner or startup will make, so it requires precise planning and research. It involves looking at demographics, assessing your supply chain, scoping the competition, staying on budget, understanding state laws and taxes, and much more. Here are some tips to help you choose the right business location. Determine Your Needs

Most businesses choose a location that provides exposure to customers. Additionally, there are less obvious factors and needs to consider, for example: • Brand Image – Is the location consistent with the image you want to maintain? • Competition – Are the businesses around you complementary or competing? • Local Labor Market – Does the area have potential employees? What will their commute be like? • Plan for Future Growth – If you anticipate further growth, look for a building that has extra space should you need it. • Proximity to Suppliers – They need to be able to find you easily as well. • Safety – Consider the crime rate. Will employees feel safe alone in the building or walking to their vehicles?

Selection of appropriate labour

Sources of fixed and working capital

Role of the Entrepreneur

➢ The Role of the Entrepreneur is as followed an entrepreneur is an owner of a business enterprise who makes money through risk and initiative; this is applied to persons who are willing to help launch a new venture or enterprise and accept full responsibility for a company’s output. The entrepreneur shifts economic resources out of a lower and into a high productivity and greater economic yields. Occupying the central position in a market economy, entrepreneurs are instigators of growth and progress and are pivotal in stimulating a company’s output as well as the worldwide economy. Here are 10 roles of a modern day entrepreneur:

➢ (1) Promotes Capital Formation:
Entrepreneurs promote capital formation...
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