The Nature of Business and Ownership There are many types of business ownership‚ below is information about four types of businesses that I have researched. Sole trader An example of a sole trader would be Amro‚ a hair salon. It offers beauty services such as haircuts‚ manicures‚ pedicures etc. A “sole trader” business is owned by one single person‚ although it may have a number of employees. There are no legal requirements for setting up as a sole trader and the owner does not even need to
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The Nature of International Business A company engages in international business when it conducts any business functions beyond its domestic borders. What kinds of business activities might make a company international? The most apparent activity‚ of course‚ is international sales. When a company produces in its own country and sells in another‚ it engages in the simplest level of international activity. However‚ as you will see in much more detail later in the book‚ crossing national borders
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Nature of Business Letters A letter is a written message sent to an individual or a group of people (Green and Ripley‚ 1998). It may either be a business letter or a social letter. business letter Is used to transact business. Its tone and style should be formal and business like. SOCIAL LETTER Is a friendly letter intended to convey personal messages to the people close to the writer. AIMS OF BUSINESS LETTERS Essentially speaking‚ all business letters are classified as sales letters because
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businesses to be rubber‚ cable‚ forestry industry‚ electricity generation and electronics. 20 years on‚ the company had added chemicals‚ floor coverings and TV sets to the aforementioned businesses. The electronics business started in the 60s when the Finnish Cable Works expanded its business to the sales and manufacture of computers. The businesses of the Electronics Department established in 1960 initially included the sales of mainframe computers‚ operation of the computer center and industrial electronics
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Business Information of McDonald McDonald is a world largest fast food chain and has much strength in its company that allows it to build a functional structure in the world. McDonald mainly sell burger since in year 1955 and until now‚ there are more than 33‚000 McDonald in 110 countries. McDonald average serving 54 million customers per day‚ by providing different types of services such as drive thru‚ delivery‚ dine in and walk thru. McDonald became world largest fast food chain restaurant in
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management decisions and practices that directly affect or influence the people‚ or human resources‚ who work for the organization. In other words‚ Human resource management is concerned with ‘people centric issues’ in management. Nature of relations: The nature of relations can be seen through two different perspective views which are Pluralist and Unitarist. There is a clear distinct difference between both because in personnel management‚ the focus is more on individualistic where individual
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Management and Organizational Behavior Assessment2 Submitted to David Hills By Tanchanok Sudbuntad (Pleng) Question one Leader can be taught to everyone‚ it is possible for all to learn how to be a leader. Some people has inherent characteristic to lead other people but also they need to learn to develop to be better and everyone should never stop learning. Firstly‚ there would be taught by someone who is a professional of teaching leader skill and that can provide variety
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what a business is and what businesses do. Throughout this coursework‚ the two businesses I will be researching and investigating will be Tesco and First Cut Barber’s. I have confirmed a decision to choose these businesses because I believe that I have the ability to be able to get a range of information about the business and the finances. * The reason for my choice of business and how planned and carried out my research The nationwide business I chose is Tesco; I have chosen Tesco as it
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based on topic 8‚the business and financial performance of organisation over a three year period. I have chosen to analyse the financial and business position of Tesco Plc. The analysis is carried from an investor’s point of view and will be achieved by evaluating key financial ratios‚ past trends and other key aspect to make investors in making investment decision while also making a comparison with its close rival J.Sainsbury Plc. 1.2INTRODUCTION OF THE COMPANY CHOSEN Tesco plc is a UK based company
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GROUP ASSIGNMENT & EXERCISE QUESTIONS PRINCIPLES OF MARKETING & INTRODUCTION TO MARKETING SEPTEMBER 2012SEMESTER Week 1 - overview | 1. Discussion on Course Plan 2. Forming a group: Principles of Marketing (3-4 in a group) Introduction to Marketing (4-5 in a group) Week 2 - Topic 1: Foundations of Marketing | Instructions: Read Harley Davidson case Discussion questions Few brands engender such intense loyalty as that found in the hearts of Harley-Davidson
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