required to achieve organisational objectives (Pilbeam and Corbridge‚ 2010). There are different forms of flexibility which are numerical flexibility‚ functional flexibility‚ financial flexibility‚ locational flexibility and temporal flexibility. Numerical flexibility is where employers can change the size of their workforce as their labour requirements change. Functional flexibility is the ability of an organization to move employees to other duties or responsibilities within the company. Locational
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Forms of Industrial Organization Team Paper University of Phoenix Have you ever wondered how businesses decide what price to charge for their products‚ or how much output to produce to meet demand? These decisions largely depend on the type of industry in which the business operates. Economists group industries into four distinct market structures: monopolistic competition‚ oligopoly‚ pure competition‚ and pure monopoly. This paper will discuss these four market models. (McConnell-Brue‚
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A business that is carried on by a sole proprietorship is owned by one person‚ who also usually runs and manages the business. There may or may not be people working in the business these are referred to as employees of the business and the owner is the employer. The sole proprietorship receives all profits and is legally required to bear and satisfy all losses personally. The sole proprietorship is personally liable for debts of the business. So that‚ the sole proprietorship has unlimited liability
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and the school as a whole. I really hate school but I need more money. Identify potential tort risks that arise in the business context Many organizations contend with tort liability and management in the day-to-day business. The proper management and protective measures to minimize the organizations spotlight tort liability has become a key to efficient operating a business. Employers usually speak to attorneys when dealing with certain issues. The textbook revealed that the three categories of
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Faculty of Business and Environmental Studies T1/13 Coursework Assignment Diploma in Engineering Business Management Module: 102KM Business Organization Assignment Title: Types of Business Organizations Date & Time of Submission : Week 10 (22:00) Assignment Weighting : 50% Word Limit : 3000 words Description of Assignment This is an individual assignment and carries 50% of the module weightage. A business can have a number of different types of ownership
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than that of the investor. In addition foreign direct investment (FDI) refers to long term participation by country A into country B. It usually involves participation in management‚ joint-venture‚ transfer of technology and "know-how".FDI has many forms and theses can be categorized depending on the investors perspective and host country’s perspective. Investor’s perspective Controlling a foreign investment is such a big concern for an investor investing huge amounts of capital in a foreign market
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4. Outline the different forms play can take. Kids play in different ways as they grow. Certain types of play are associated with‚ but not restricted to specific age groups. Unoccupied play: In the early months of infancy‚ from birth to three months‚ the children seem to be making movements with no clear purpose‚ but this is the start of playing. Solitary play: from three to eighteen months‚ babies will spend much of their time playing on their own. During solitary play‚ children are
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waste by carrying it to the lungs to be exhaled. When a person has Anemia they have less amount of hemoglobin or oxygen in their blood. Anemia is one of the most common blood disorder and can cause many problems with the body. There are many different forms of anemia such as aplastic anemia‚ folic acid deficiency anemia‚ iron deficiency anemia and pernicious anemia. In aplastic anemia the body’s bone marrow (a spongy tissue that is inside the bones) does not produce new or enough red blood cells
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Explain the Platonic concept for “forms” Plato was a pupil of the philosopher Socrates‚ who was murdered for corrupting the youth of the city; he had been encouraging people to challenge the views and opinions of the city elders. Plato came up with an allegory of the cave‚ to explain the world we live in. the allegory suggested that people are ‘philosophically ignorant’ and are like the prisoners chained the floor of the cave. They can only see the shadows on the back of the cave; they are assuming
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There are four different forms of a business organization. They are a joint-stock company‚ limited liability company‚ partnership‚ and sole proprietorship. These forms of a business organization were started to help business owners with valuable support to make them profitable and successful. The first form of a business organization is a joint-stock company. Joint-stock companies are comprised of entrepreneurs that will raise the company’s wealth by selling stock shares to investors. There are
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