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UNDERSTANDING BUSINESS

UNDERSTANDING BUSINESS. FORM OF BUSINESS OWNERSHIP. loading…. s lides download: unnay.wordpress.com. TUTORIAL FOCUS. DISCUSSING ACTIVITIES. OPENED BOOK QUIZ (GROUP). Intranets, Extranets, and Private Exchanges. 3. 1. 4. 5. 2. HOME. OUTLINE. SUMMARY. DISCUSSING QUESTION.

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UNDERSTANDING BUSINESS

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  1. UNDERSTANDING BUSINESS FORM OF BUSINESS OWNERSHIP loading…. slides download: unnay.wordpress.com

  2. TUTORIAL FOCUS DISCUSSING ACTIVITIES

  3. OPENED BOOK QUIZ (GROUP) Intranets, Extranets,and Private Exchanges 3 1 4 5 2 HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  4. KNOWLEDGE SHARING ACTIVITIES HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  5. Questions & Comments??? THANKS FOR YOUR GOOD PARITICIPATION!!!

  6. BASIC FORM OF BUSINESS OWNERSHIP HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  7. PATHS TO BUSINESS OWNERSHIP • Starting a new business • Buying an existing business • Franchising a business

  8. PATHS TO BUSINESS OWNERSHIP • Inheriting a business (Reluctant person or lucky enough) • Hiring to be the professional manager

  9. SOURCES OF BUSINESS IDEA 1 3 4 2

  10. SOURCES OF BUSINESS IDEA The Traditional Business Schools

  11. SOURCES OF BUSINESS IDEA The Family Business Schools

  12. SOURCES OF BUSINESS IDEA The Corporate Business Schools

  13. SOURCES OF BUSINESS IDEA The Business School of the Streets

  14. DIFFERENCES BETWEEN LIMITED AND UNLIMITED LIABILITY LIMITED LIABILITY: The responsibility of a business's owners for losses only up to the amount they invest; limited partners and shareholders have limited liability. UNLIMITED LIABILITY: The responsibility of business owners for all of the debts of the business HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  15. DIFFERENCES OF JOINT VENTURE, ACQUISITION, AND MERGER JOINT VENTURE: MERGER: The result of two firms forming one company. ACQUISITION: One company's purchase of the property and obligations of another company. HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  16. TYPES OF MERGER HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  17. CORPERATE STRATEGY Concentration Supply chain Distribution Channels Vertical Integration Vertical Integration Concentric diversification Primary/Related Industry Unrelated Industry Conglomerate diversification

  18. WHAT IS FRANCHISE? • FRANCHISE: The right to use a specific business's name and sell its products or services in a given territory. HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  19. HOW MANY TYPES OF FRANCHISE? HOME • Trade name • Product distribution OUTLINE • Pure (Business format) SUMMARY DISCUSSING QUESTION CASE STUDY UNDERSTANDING BUSINESS MN109

  20. WHAT ARE THE ADVANTAGES OF FRANCHISE? • Management and marketing assistance • Personal ownership • Nationally recognized name • Financial advice and assistance • Lower failure rate • Standardized quality of goods and services • Site selection and territorial protection HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY introduction TO BUSINESS CONCEPT ENB201

  21. WHAT ARE THE DISADVANTAGES OF FRANCHISSE? • Large start-up costs • Shared profit • Management regulations • Coattail effects • Restrictions on selling • Fraudulent franchisers HOME OUTLINE SUMMARY DISCUSSING QUESTION CASE STUDY introduction TO BUSINESS CONCEPT ENB201

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