Chapter 1 SUMMARY OF THE PROJECT A. Name of the Project Our proposed business will be identified as Crystal Eye Moments Studio. That primarily provides services such as printing photos‚ tarpaulins‚ photo restoration‚ photo enlargement‚ greeting and business cards‚ flyers and creative designs such as logo and graphic designs. Crystal Eye Moments Studio prints crystal clear photos that will give the impression as if the images are real. The services that the business will provide are printed
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Managing Business 1.1 Describe the structure and culture of the company and evaluate the inter-relationships between the different process and functions. Answer: Understanding the Structure In a small business‚ employees learn whether the organizational structure provides a stable culture for everyone. For example‚ if a business owner sets up the wrong kind of structure‚ the results can be ineffective communication and slow work processes. A business owner can improve the company culture by
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1st of February 2013 Business organization and management Business size Small business: e.g. Independent service-station‚ restaurant Medium business: e.g. coffee club‚ nando’s Large business: Maccas‚ red rooster‚ kfc Economies of scale; this term refers to the lower costs per unit of output as a result of operating on a larger scale. Question 1. What is meant by economies of scale? Provide 3 examples of typical economies of scale enjoyed by large organizations: a) Coles (big
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1. Identify the key elements in McDonald’s global marketing strategy (GMS). In particular‚ how does McDonald’s approach the issue of standardization? Does McDonald’s think global and act local? Does it also think local and act global? McDonald’s global marketing strategy is based on combination of global and local marketing mix elements. For the first elements in McDonald’s global marketing strategy (GMS) is a vital elements in McDonald’s business model restaurants system that can be set up virtually
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My
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Business Structures FIN/571 November 25‚ 2013 Business Structures Starting a business involves a large amount of planning. Part of this planning is determining what type of business structure is the proper structure for the business. There are several types of business structures. The purpose of this paper is to identify the different business structures‚ and to explain how each business structure may and might not be advantageous. Business Structures There are three different types
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GENERAL BUSINESS POLICY: PROCEDURES AND RULES PROCEDURES * Derive from and conform to policies but are more tactical‚ specific‚ concrete‚ and detailed than policies. It serves as a management control mechanism by standardizing daily operations to ensure consistent processing of recurrent tasks. It specifies how recurring tasks are to be executed and enumerate both the steps and sequence to be followed. Procedure Steps Responsibility 1. Needs Analysis * Identify existing policies
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am Booth setup at Busana MARA Level 1 – level 4 9.00 am - 9.45 am Registration Level 1 9.45 am – 10.00 am Preparation for fashionista activities Level 1 10.00 am – 10.15 am 10.15 am – 10.30 am 10.30 am – 10.45 am 10.45 am – 11.00 am Fashionista activities: Fashionista catwalk Tutorial hijab Tutorial makeup Contest for tutorial makeup Level 1 Level 1 Level 1 Level 1 11.00 am – 11.10 am 11.10 am – 12.20 pm 12.20 pm – 12.30 pm Talk 1 : Entrepreneur speech (Tuan Haji Bahtiar
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Name Institution MODULE TITLE: - Quantitative Techniques in Business (QTB) PROGRAMME: Bachelor of Business Studies (BABs) October 2014 – January 2015 Introduction 1.0 In the business world‚ quantitative techniques assist in decision making. The functions of quantitative techniques extend beyond decision-making to providing tools for scientific research‚ facilitating the deployment of resources‚ help in the selection of the optimal strategy and minimize costs. There are three main quantitative
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1.0 Introduction The purpose of this report is to identify a firm that is widely considered to be innovative. It will include the business environment and how it impacts upon the firm and it’s opportunities for innovation‚ the sources of competitive advantage and the strategic options that are available to the firm. From the declared strategic options‚ an evaluation of the risks of implementing strategic change will be made to achieve this option. 1.1 Background to Apple Inc. Apple Inc. is a multinational
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