Questions On The Field Of Business

1) Describe the basic features that distinguish the four basic forms of business ownership sole proprietorships, general partnerships, C corporations, and limited liability companies.

Helen’s is an upmarket fashion boutique store in Sydney’s east. Falling sales have been reflected by surveys that reveal consumers view the business as outdated and no longer relevant to consumers’ needs. Strong competition in the area has placed considerable pressure on pricing. The business’s target market, 50-65 year old females, no longer dominated the now younger demographic character of the area.

| When delivering a presentation it is critical to grab the attention of the audience in the beginning with a hook.  The following is not an effective hook:Answer

An entrepreneur has to be willing to take risks and overstep boundaries that exist in the business world. Entrepreneurship is not only about creating new business models but also about being innovative and improving on already established structures. Entrepreneur Gary Salomon, co-founder of FASTSIGNS International, demonstrates how essential improvements can make a difference. I decided to interview Mr. Salomon because of the success he was able to establish by being innovative. As a future entrepreneur I want to be able to identify future business ventures that have already been established. My reasoning for this interview was to gain insight of how a small venture can grow to be as large as that of FASTSIGNS. Mr. Salomon successfully identified an industry with growth potential and took the risk to start his own venture. His intention was not to recreate the sign industry as a whole, but to advance the technology being used, as well as, adding professional elements.

There are many different types of communication; we need to understand the purpose of communications for each type so that we can get what we need from the other person(s). In order to do this we need to have information to begin with, the person’s name of whom you are trying to contact, pen and paper, questions and the information needed if they ask you a question in return.

Managing a business has always been my passion and the ultimate career goal. As I grew through my career, I followed a progressive career path towards reaching my goal. While working in software technology company and designing and consulting the

“These people are running this business into the ground. I could run it so much better.” Have you said that to yourself? If so, then being a business operations manager is the career for you. Business operations management is a business career. They control day to day operations as well as make executive decisions (“Business Operations Manager”). Since they make executive decisions, they have a major impact on the business with the choices they choose or don’t choose to make. If they affect a company negatively, it can affect the employees of that company as they may lose their job if the company goes out of business. The stock market or economy of that area may dip as well, because there aren’t jobs there anymore. A career as a business operations

3) A business should be managed ethically to do the right thing for all stakeholders.

Once you have identified your particular management style you must look at your personality style. How you are perceived by your co workers can have an effect on how the employees will perform for you. Most managers know that no one wants to work in a dictatorship, so as managers we do what we can to gain acceptance for our lower level comrades; some by going out to the bar or the club to gain their respect when in actuality we are doing ourselves a great disservice.

Business and Management is a course I believe that I have the qualities and skills to create a successful career in this area. Ever since I can remember, I recall always wanting to organise everyone and give them certain tasks to do. In fact, even when I was just playing with my friends. I remember how I used to organise all the plays and concerts that we did. I have been inspired by my own Father a director of a successful business organization which has been managed by him over years and also supporting him is a team of well qualified marketers who really know how to move the margins of the companies supply and demand of goods worldwide. This is a field which we encounter in our everyday life which involves with the buying, selling,

2009 pg 111) It can stifle creativity, be unnecessarily time wasting causing a loss of confidence and moral in the employee or workforce (Roberts, G. 2009) This type of manager can be overly domineering and controlling, creating a more stressful work atmosphere. The positive attributes are that is shows the manager is passionate about the company’s success, is focused and determined with good attention to detail. (Fina, M 2009 111) Managers with little faith in their employees’ abilities instil uncertainty causing the employee to have low expectations of themselves, ‘fearing the worst’ from their manager and overall inhibiting the growth and potential of individual. (Bhote, K. 2003 pg 69)

Creative agencies specialize in "creative" or design-based business models and are also known as a "creative boutique". Their basic interest is in the creation of the advertisement or branding. Other ("full-service") agencies offer design in conjunction with media buying. Media agencies concentrate on media buying. (In the 1990s, media and creative were often unbundled in the interests of economies of scale in buying media.

What is a successful manager? Is it one that can lead their company to thrive, or is it a manger that can rally the employees to provide quality work? A manager is a person who is responsible for supervising and motivating employees and for directing the progress of the company. A successful manager usually means happy employees and a successful company. The successful manager must possess certain qualities and skills in order to be successful. However, most people who are managers, have been thrown into a position with little or no training or experience. They come in to the company expecting a lot and find out that it is harder than they even could imagine. Many managers who are successful have certain important qualities, characteristics, education and training that make them who they are today. Some of the skills and qualities are to have strong communication skills, the ability to multi task, imagination, motivation, problem solving skills, and of course the desire to be a great manager.

There are many forms of business that a business owner can choose to run their Business. In order to determine which form of business meets the needs of the business owner, the owner must first understand the characteristics, advantages and disadvantages of each form of business. I intend to outline this information, in effort to provide business owners with the information necessary to make an informed decision regarding the appropriate form of business for their situation.

As an example, a manager who is always oriented towards the results of the people below him forces the employees to always do what he wants even if they are incapable of doing it. Such a manager