Essay Topic: What is Organizational Culture? Discuss the advantages and disadvantages of having a strong culture. Introduction: Organizational culture is a system of shared ideas, values and beliefs, is a widely used term for an uncertainty in terms of estimating the nature of its effectiveness on change variables in an organization. Previously for like decades, nearly all academics and practitioners studying organizations put forward the thought of culture, as the climate and practices that any
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Name: Course: Instructor: Date: 1. Advantages of a sole trader * Ease of formation and dissolution Compared to other forms of business, sole trader is one of the cheapest businesses to set up and to administer. Its administration system requires only the accounting and bookkeeping system to show the business profits or loss, and the business revenue and expenses. * Direct motivation and secrecy The owner owns all the risk associated with the business hence he or she is motivated to work
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options for people to reach a varied bracket of users. So, with newspapers or magazines, every medium has its particular advantages, a thing which should be considered to be of outmost importance by all advertisers and clients. However, print media also has its own disadvantages. Here, we shall take a quick look at the advantages and disadvantages of print media. ADVANTAGES OF PRINT MEDIA: • Different types of print media (newspapers and magazines) have a loyal readership. This can
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Unit 1: The business environment P1 In this report I am going to talk about 2 businesses, a private limited company and a public limited company. The businesses I have chosen are ASDA and Bradford royal infirmary. I will be describing the two businesses business types, purposes and ownership ASDA The Asquith family were butchers based in Knottingley, West Yorkshire. In the 1920s, their rising aspirations meant they expanded their business to 7 butcher’s
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THE BUSINESS ENVIRONMENT – UNIT 1- ASSIGNMENT 1 P1 The two businesses’ I have chosen are ASDA and OXFAM. Both are business are hugely recognised, but differ in their business approach. Asda’s aim is to provide a variety of food/necessities/clothing/fuel and to make a profit of these sales, but still provide them at a competitive rate. However Oxfam’s aim is to aid those who are less fortunate by providing clothing, food, shelter at no cost. Oxfam has no intention of making profit as it is a
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Traders, Public Limited Companies and charities etc… I will write about what features there are and give examples as well. Sole Traders Sole trader is a business which is controlled and owned by one individual person. It is the smallest type of business there is. The owner is responsible for all decisions, debt and profit. The owner receives all profit in the company. Many of the decisions can be made quickly and easily making it simple to manage and organise. There are also many disadvantages; it
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Business Basics * Basic Business Concepts * The Aim and Objectives of Business * The Location of Business * Types of Business Basic Concepts of Business Transactions – business is based on transactions: example a sale occurs after an agreement on value – it is referred to as a transaction Turnover - Net Profit = revenue – total costs Product or Services – business earns revenue by selling a product or a service Capital: money used by business to pay for plant, machinery
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RELATIONS CONSULTANCY Overview In the modern days public relations services are also hired by way of consultants so as to keep the company image steady and strong. The students will be explained the definition of a public relations consultant besides evaluating the advantages and disadvantages of such an exercise., We will also study the ethics of public relations with special reference to the professional conduct and character of the public relations consultant. Moreover, the students will also
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Law II Research Paper The advantages, from a liability standpoint, of a business incorporating and that given a business is going to incorporate…the difference in tax treatment between a C-Corp, Subchapter S and an LLC When businesses are started, one consideration that must be made is what type of business it will be. Many decide to incorporate themselves and look to the advantages they may gain from this. Liability may be one of the biggest advantages to incorporating a business
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advertising, public relations, trade event, direct marketing, sales promotion and personal selling. Advertising: Advertising is the process through which a company draws attention of the members of public about its products and services by communicating it to them through advertisements which are communicated through various sources of medium like TV, Radio, news paper and leaflets. The main disadvantage of advertising is it involves high costs (Bertrand et al, 2010). Public Relation: Public relation
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