2.0 The Different Types of Business Activity By the end of this chapter‚ you should be able to: • Classify entities into primary‚ secondary and tertiary sectors • Explain features of public and private business • Understand the different forms of merger and take-over • Compare methods that measures the size of a business Levels of Economic Activity Stage Business Involved Primary Woodcutter Secondary Furniture Makers Tertiary Retailer Example – Stages in the production and sale
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Unethical Companies: Coca-Cola April 28‚ 2010 Coca-Cola is the largest soda provider in the world. Although it is widely consumed‚ many people are unaware of its labor violations. The company has come under fire in the last few months for the way in which its workers are treated in Guatemala. The primary source of all the violence is the workers’ union. On February 25‚ 2010‚ Coke was sued by those Guatemalan laborers‚ who claim that they‚ “endured a campaign of violence” from the people who worked
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DIFFERENT TYPES OF BUSINESS PLAN * The most standard business plan is a start-up plan‚ which defines the steps for a new business. It covers standard topics including the company‚ product or service‚ market‚ forecasts‚ strategy‚ implementation milestones‚ management team‚ and financial analysis. The financial analysis includes projected sales‚ profit and loss‚ balance sheet‚ cash flow‚ and probably a few other tables. The plan starts with an executive summary and ends with appendices showing
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WHY BUSINESS ETHICS IS NOT AN OXYMORON? NOTION: In an attempt to answer the subject matter‚ it is then imperative to settle first an understanding of what ‘business’ and ‘ethics’ is as independent from each other and what is ‘business ethics’ as a whole. 1.0 Technical definition of terms 1.1 Business – an organization involved in the trade of goods‚ services or both to consumers. It may be privately owned and administered‚ or state owned to provide service to its customers generally
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study of international business is no different from the study of domestic business. Thus‚ there is no point in having a separate course on international business”. Evaluate this statement. The international business differs from the domestic business because: * Countries are different in a range of ways: cultures‚ political systems‚ economic systems‚ legal systems and levels of economic development. * The range of problems confronted in an international business is wider and the problems
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31. Differentiate between Brainstorming and Reverse Brain-storming. Reverse brainstorming helps you solve problems by: combining brainstorming and reversal techniques. By combining these‚ you can extend your use of brainstorming to draw out even more creative ideas. To use this technique‚ you start with one of two "reverse" questions: Instead of asking‚ "How do I solve or prevent this problem?" ask‚ "How could I possibly cause the problem?" Instead of asking "How do I achieve these results?" ask
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FEATURE Why Business Analysts Are So Important for IT and CIOs A new Forrester report sheds light on this little known‚ often misunderstood but critical liaison role that can unite the business and IT on enterprise projects‚ systems development and business strategy. By Thomas Wailgum Follow CIO | Apr 16‚ 2008 8:00 AM PT For two decades‚ the CIO has been viewed as the ultimate broker between the business and technology functions. But while that may be an accurate perception in the executive boardroom
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UKAMi UKAMi MARKETING MANAGEMENT Analyzing Business Markets In this chapter‚ we will address the following questions : 1.What is the business market‚ and how does it differ from the consumer market? 2.What buying situations do organizational buyers face? 3.Who participates in the business-to-business buying process? 4.How do business buyers make their decisions? 5.How can companies build strong relationships with business customers? 6.How do institutional buyers and government
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Cola Wars Case Study Question: Why is the soft drink industry so profitable? Historically‚ the soft drink industry has been extremely profitable. Long time industry leaders Coca-Cola and Pepsi-Cola largely drive the profits in the industry‚ relying on Porter’s five forces model to explain the attractiveness of the soft drink market. These forces allowed Coke and Pepsi to maintain large growth until 1999‚ and also explain the challenges that each company is currently facing. The relative duopoly
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Unit 1 Section 2 Research Paper Coca Cola I. Mission and Vision Statements a. Coca Cola’s mission statement: “Our Roadmap starts with our mission‚ which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions. To refresh the world in body‚ mind and spirit To inspire moments of optimism through our brands and actions To create value and make a difference everywhere we engage” Coca Colas vision statement serves as the framework
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