Discuss the types of management positions your business

Assignment Help Operation Management
Reference no: EM132280823


Competency

This deliverable will examine your ability to describe and evaluate the organizational framework of a business entity.

Instructions

When starting a new business venture, you must decide whether you will take over a family business, start a new business, or buy an existing business.

You must show investors that you have evaluated each option and decided on the alternative that would be most beneficial for your business.

Once you make this decision, you must choose the legal structure that would best suit your business goals. In addition, you will want to consider the types of managers your business will need. Communicate this information to your investors in a well-organized written plan, making sure that you explain the reasoning behind your choices.

If you take over a family business or buy an existing business, you will more than likely keep the business structure and management systems that are already in place. If that is what you choose, then, for part two below, describe to your investors the existing business structure and its advantages for your business. For part three below, describe the current management positions in that business.

Determine the type of business you will start (taking over a family business, starting a new business, buying an existing business, and buying a franchise), and explain why you made that choice.

Identify the legal structure that you feel will best benefit your business (Sole Proprietorship, Partnership, Corporation, or LLC). Discuss the advantages of this structure for your business.

Discuss the types of management positions your business will need, and, using the four functions of management, describe the tasks each management position will perform for each function.

Reference no: EM132280823

Was the internment morally justified

After the Japanese attack on Pearl Harbor, President Roosevelt ordered the internment of thousands of American citizens of Japanese ancestry. They were not guilty of any crime

Determine if the industry is attractive or unattractive

analyze the industry you selected using the Five Forces of Competition Model to determine the impact of each of the five forces.Based on your analysis, determine if the indu

Manufacturing complex comprises several operating units

Shale Oil Company’s Aston, Ohio, manufacturing complex comprises several operating units. These units process the crude oil that is pumped through and transform it into a mult

What is the reliability of the system

An operation consists of 3 steps. The first step has a reliability of 0.81. The step has a reliability of 0.96. The third step has a reliability of 0.92. What is the reliabi

What is the process specification

Studies on a bottle filling machine indicates it fill bottles to a mean of 16 ounces with a standard deviation of 0.10 ounces. What is the process specification, assuming th

Short customer satisfaction survey

Direction: short customer satisfaction survey for doctors to see how satisfied they are with the chart completion process. Well-designed patient satisfaction survey. Survey sh

Working to develop an efficient work schedule for full-time

The Northshore Bank is working to develop an efficient work schedule for full-time and part-time tellers. The schedule must provide for efficient operation of the bank includi

Improve your process for studying for an exam

How could you improve your process for studying for an exam? Getting to class on time? Cleaning your room or apartment? The kaizen philosophy seeks to encourage suggestions, n

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd