Business Organisations and Operations Assignment Task 1 Differences between types of organisations Sole trader: is the simplest way to run a business - it does not involve paying any registration fees‚ keeping records and accounts is straightforward‚ and you get to keep all the profits. However‚ you are personally liable for any debts that your business runs up‚ which make this a risky option for businesses that need a lot of investment. Partnerships: consist of two or more partners who are
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Effects of Mass Media Tiffany Bader University of Phoenix Hum/186 Patricia Hoefler February 25‚ 2013 Mass media is communication in any form that reaches a large audience sometimes written‚ spoken‚ or presented in an emerging media format. The past century has brought challenges both good and bad to many mass media interactions‚ but the evolution of the amount of media change has been extreme and in a good way as society
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Transportation played an important role in moving the mass produced goods and products. In 1807‚ President Jefferson approved the plan of constructing a National road‚ commonly known as Cumberland road. This was the first road entirely build from the federal funds. By the introduction of steam engine and steamboats‚ factory owners were able to sell all the mass produced goods. Canals and railroads were the common mode of transportations. Steam powered engines
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Facility Location and Facility Layout Strategic Importance • Supply-chain management is critical • Facility location—intrinsically related to SCM • Examples: – FedEx: While opening a hub for Asia in Philippines 1995— • it had to evaluate several sites • Linking its American (Memphis) and European (Paris) Hubs • BTW‚ the facility was closed and the new hub since 2009 is in Guangzhou‚ Southern China – Mercedes’ first overseas plant in Vance‚ Alabama • Evaluated 170 sites in 30 states and 2 countries
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The Sandwich Factory Back in 1904 Henry Ford introduced the modern assembly line at Ford Motor Company and became recognized as its father. The assembly line became a significant factor in mass production because it helped raise productivity and efficiency. Efficiency is measured by a comparison of production with cost‚ and is still very important to activities in our time. But when profit weights more than the conditions of the employees it has consequences for those who cannot seem to adapt themselves
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extrovert has a wide social circle‚ your company likely has a lot of free advertising in the form of casual conversation” (The Advantages of Extrovert Employees Over Introvert). A point often overlooked is that the only way a company can go into mass production is if they have the ability to sell their product and company‚ thus without eloquent salespeople the companies would be less successful. In the final analysis it can be proven that the Industrial Revolution was positive. Society pushed themselves
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Impact of media on young generation: Introduction: The presence and intensity of media influences—television‚ radio‚ music‚ computers‚ movies‚ videos‚ and the Internet—are increasingly recognized as an important part of the social ecology of children and youth‚ and these influences have become more visible and volatile in recent decades. The influence of the media on the psychosocial development of children is profound. Thus‚ it is important for parents to discuss with their children about their
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Henry Ford a brilliant revolutionist who has a vision to give middle class Americans a reason to feel relieved. His idea you may ask‚ is to produce mass quantities of cars at an affordable price. Henry ford a man responsible for single handedly reducing the price of automobiles by providing tools such as the moving assembly line which increased the production of cars allowing Henry Ford to lower prices and make automobiles available to not only the rich but middle
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INDIVIDUAL ASSIGNMENT Q1. What is meant by the term resources? What are the four factors of production and explain the factors incomes associated with each factor of production (20 marks) a) Resources means being able to produce something that can be a good or service. For e.g. the sun‚ trees‚ natural gas‚ materials‚ staff. b) The four factors of production are land‚ labor‚ capital and entrepreneurship. (i) Land- is considered the natural resources or raw materials we find on the earths surface
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changing. As marketing wins on importance the companies move to low wages countries. This is why many companies now bypass production completely instead of making the products themselves‚ in their own factories. So there is a lot of money left over for branding. Nike was undoubtedly one of the forerunners of this strategy. Instead of producing their own products they shifted the production to Japan. Many
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