Aims And Objective Aims are the goal the business wants to achieve while on the other hand objectives are practical steps to achieve the goal; it is very beneficial to set aims and objectives because it will help the business to be successful whether the goals are good or bad. Failing to set aims objectives will invariably make the business fails or damage it in […]

For my Business Studies coursework I will be focusing on a small sole-trader business named Errol Anderson Motors in the area of Harrow. The owner, Errol Anderson, is about to start up his own business; primarily serving as a car mechanic’s garage. He has asked me to help him draw up a marketing strategy. A marketing strategy consists of the main plan a business must […]

This paper is about a publishing business which aims to reduce its costs by outsourcing some functions of its business. It is an analysis of which areas in a business are critical for success and which areas require immense resources which make it attractive to outsource. It also deals with the contractual terms and the basis of selecting the best vendors to whom the functions […]

1) What type of business are you proposing to start? (That is, what is its prime function going to be? What product/service will the business be selling)? I am proposing to start a skateboard retailing business. I will be selling a variety of scooters, skateboards, wheels, boards, helmets, elbow and knee pads, cleaning products, skateboard magazines and accessories. A variety of the nicest brands, which […]

Written communication: Written communication involves any type of interaction that makes use of the written word. It is one of the two main types of communication, along with oral/spoken communication. Written communication is very common in business situations and they use this type of communication a lot. Written communication includes reports, orders, memos, instructions, rules, policies, agreements, and minutes. Visual Communication: Visual communication is direct face-to-face communication […]

My business will be called Usman’ Fish and Chip shop, located at 7 Queensbury Parade. My business will be a sole trader operator as this is the easiest set up. Being a sole trader there are less regulations that I would have to comply with but with serving hot food I will have to obtain permission from the local authority. As with preparing hot food […]

Employment contracts. 10. Under the provisions of FAST Statement No. 141 R, in a business combination, when the fair value exceeds the investment cost, which of the following statements is correct? A. A gain from a bargain purchase is recognized for the amount that the fair value of the identifiable net assets acquired exceeds the acquisition price. . The alee is allocated first to reduce […]

Answer: 1 Primarily focus would be the standpoint along with cost leadership in the medium term. Focus would extend to the exploration of services which is currently lacking in the market and has not been met by any healthcare institute. Such services would include availability of doctors, instituting an emergency center at every part of the city for fetching emergency patients, 24 hour circulating emergency […]

During the Asian crisis, the weakness of government financial support to domestic conglomerates has been recognized. It is the close relationship between large conglomerates and banks. Moreover, the poor governance of banks has led to a huge amount of nonperforming loans from conglomerates. As the result, most of conglomerates had a massive debt and could not pay. Finally, those conglomerates went to bankruptcy or collapsed […]

It’s very common in large business to expand abroad; however there are a lot of factors that have to be considered before planning to start business in another country depending on which policies they have or what their background is as well as their stability or whether your product or business will sell over there. In this assignment I’m going to compare the challenges to […]