Unit 2 Assignment 1 Task A 1. The aim is what an organisation is trying to achieve. The objective is the steps that are taken to achieve an aim. Examples of aims: * Increasing market share * Growth of profit * Survival 2. SMART objectives: * Specific: Clear objectives of what they want to achieve; * Measurable: The organisation has to measure whether they could achieve or not; * Achievable: the organisation sets up objectives so he could achieve it;
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of leadership in food and liquor, shareholder’s wealth maximization through improved portfolio management, building new growth businesses and responding to change in new era of growth. It envisions a dynamic business, flexible enough to respond to ever changing customer needs, which can introduce innovations in products and is backed by complete customer satisfaction(Woolworths Limited, 2013). Being in the retail industry,which is one of the largest employers in Australia, employing over 1.5 million
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property. Statute of frauds This is a requirement that certain contracts like sale of goods that exceeds a certain value, land sale or a guarantee of debt be made in writing and then signed to prevent perjury and fraud. Two sophisticated business corporations may enter into a joint venture say of about 10 years. There are different negotiations that they engage in and one party promises that it will join the negotiations in time. In case the party fails to honor the negotiations, the second party (business
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International Journal of Academic Research in Accounting, Finance and Management Sciences Vol. 3, No.1, January 2013, pp. 136–148 ISSN: 2225-8329 © 2013 HRMARS www.hrmars.com Corporate Board Diversity in Malaysia: A Longitudinal Analysis of Gender and Nationality Diversity Dalilawati ZAINAL1 Norhayah ZULKIFLI2 Zakiah SALEH3 Faculty of Business and Accountancy, University of Malaya, 50603, Kuala Lumpur, Malaysia 1 2 Email: dalilawati@um.edu.my/dee_dalila@yahoo.com , Email: norhayah@um.edu.my
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TWO BUSINESSES ON OUR DOORSTEP Range of different businesses There are many different types of business that you come across as a customer or employee or that you hear about in new stories. We have a looked at range of Businesses such as Partnerships, Franchises, Co- operatives, Charities, Sole Traders, Private Limited Companies, Public Limited Companies and Government departments & agencies. Charities Charities are operated to meet defined needs and not to make profit. However
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EMMANUEL MANU DISCUSSION & ANSWERS 1. By mid-2009, Burger King was not in any of the following five countries: France, India, Nigeria, Pakistan and South Africa. And comparing these countries as possible future locations for Burger King will be as according to me the first preference will go to the countries that have good amount of Non-Veg consumption in it. As Burger King is known for its Non-Veg products e.g. Beef and Hamburger and other beef products. Which can be famous in all the countries
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pros and cons to starting any business; however it is very apparent that it is still the American dream to start a company. The reading assignment included descriptions on Sole Proprietorship, General Partnership, Limited Partnership, C-Corporation, S-Corporation, and a Limited Liability Company. In this task, a breakdown of characteristics, advantages, and disadvantages will be described about each organizational form. Types and Characteristics of Business LIT Task 310.1.2-01-06 Sole Proprietorship
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empower workers and improve their mission while creating shared value[3]. What is shared value? CSV or Creating Shared Value is the process of aligning economic interests with societal interests to create value for stakeholders and shareholders. Corporations have taken on CSR or Corporate Social Responsibility, but this is a short term solution and is a response to external pressures, unlike CSV. Whereas CSV can improve a company’s profits and competitive position because it leverages its unique resources
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Corporate Governance and Ethics Assessment 1 Term 2, 2014 Tara Dayon S0257204 The concept of corporate social responsibility has an increasing continuous widespread attention from business people, consumers and academics. It is because the organisation received benefits for being socially responsible which has cost companies to have increasing commitment to implicate ethical standards. (Patrick, E 2011) To integrate the concept of corporate social
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There are three types of business Sole Proprietorship, Corporation, and Partnership. They all have their advantages and disadvantages with each one. Sole Proprietorship is a small business which is ran and operated by the owner. They are eye-catching to small investors because they are relatively easy to start up. The owner receives all the profit that is made from the business. Some advantages of starting a small business is that it’s very easy to start up. They don’t have to go through the things
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