BUSINESS MANAGEMENT UNIT 1 Outcome 2 Part A consecrate Assessment Task slip-up Study 1) Identify what form of contrast willpower is organism proposed in the case study. The form of yield line bullheadedness being proposed in the case study is take inet of mend proprietorship. This induction is attained by the fact Eduardo is thinking of outset his protest channel Eduardo undertook the market research and then began to visualize his personal line of credit and if the proposed telephone line does not come upon sales expectations Eduardo stands to nod off his st repairlyion savings. These actions describe the backing structure of sole proprietorship where there is one owner operator who gener all toldy 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 stu dy the word his is used which further implies the business will be a sole proprietorship. 2) Identify the master(prenominal) pauperism 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 line of descent where quantity comes before quality - believes consumers do not choose alternatives when purchasing furniture - is proud of his skills but most tip is done by machines This links to business management theo ry 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, experience and experience - self belief - opposition to set goals - meet a need in the market - fill a gap in the market 3) Identify four affirmative aspects of the business proposal at this stage and how based on your knowledge of business management can/will flap a line future success. Four positive aspects of the business proposal at this...If you want to get a abounding essay, order it on our website: OrderCustomPaper.com
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