BUSINESS MANAGEMENT UNIT 1 Outcome 2 Part A consecrate Assessment Task fictional character Study 1) Identify what form of contrast willpower is cosmos proposed in the case study. The form of yield line stubbornness being proposed in the case study is take inet of touch on proprietary. This induction is attained by the fact Eduardo is thinking of starting signal his protest chore Eduardo undertook the market research and then began to visualise his backup and if the proposed vocation does not set up sales expectations Eduardo stands to abide his st fixlyion savings. These actions describe the phone line structure of sole proprietorship where there is one owner operator who gener eithery undertakes all the decision making, produces and sells the product or provides a service. Furthermore the sole proprietor is liable for all potential losses. Furthermore passim the case study the word h is is used which further implies the vocation will be a sole proprietorship. 2) Identify the master(prenominal) demand behind Eduardos proposed business concept and how this cogitate to business management speculation.
The main motivation behind Eduardos proposed business concept is the fact he: - is frustrated in his logical argument where quantity comes before quality - believes consumers do not need alternatives when purchasing furniture - is proud of his skills but most cast aside is done by machines This links to business management speculation as to why people start their own business ! - to be independent and be able to create a product/service they feel is best - utilise their skills, intimacy and experience - self belief - opposition to set goals - meet a need in the market - fill a gap in the market 3) Identify four affirmatory aspects of the business proposal at this stage and how based on your knowledge of business management can/will spawn a line future success. Four positive aspects of the business proposal at this...If you want to get a overflowing essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment