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BUSS1001 Final Exam Notes

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a comprehensive D notes for this subject. include all the concepts and graphs you need to remember for final exams useful for final exam study

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45 Pages Complete Study Notes > 2 Years old* Previously uploaded under: BUSS1001 - Understanding Business
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Topics this document covers:
Economy Business Management Michael Porter Process management Value proposition Strategic management Porter's generic strategies Supply chain management Value chain Marketing Quality
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Economy Business Management Michael Porter Process management Value proposition Strategic management Porter's generic strategies Supply chain management Value chain Marketing Quality
Sample Text:
s is not as time flexible as new independent business • Franchise system will require initial join fee Crowd funding ________________ Practical matters: what ownership form to chose Sole traders : a business owned by a single person • Simplicity, • Taxation at personal rates, • Privacy, • Flexibility and control Partnerships : two or more people carry on a business common with a view of profit • Simplicity • Taxation at personal rates • More resources • Cost sharing • Broader skill and experience base • Longevity The dominant forms of business structure are in historical perspective Sole traders and partnership Limitation • Small in scale • In differentiable from the human actors who drove them and thus impermanent • Limited in their capacity to raise and retain capital • Limited in their capacity to diversify/ manage risk • Unli...
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