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You have been able to save $100,000. Your best friend (you supply the name - it doesn't have to be your real best friend) just won $100,000 in the California lottery.
You and your best friend have always talked about opening a store that sells (you name the store and provide a description of what the store will offer).
You have enough money to start the store on your own. Your best friend wants to invest in the store with you, but you are not sure if you want [him/her] as a "partner." Your assignment:
1. Using the example of your store, explain the advantages and disadvantages of opening the store on your own as a sole proprietorship.
2. Using the example of your store, explain the advantages and disadvantages of opening the store with your best friend as a general partnership.
3. Using the example of your store, explain the advantages and disadvantages of forming a corporation with your best friend to operate the store. How would operating the store as a corporation be different from operating the store as a general partnership?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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