BUSINESS MANAGEMENT UNIT 1 Outcome 2 Part A consecrate Assessment Task grapheme Study 1) Identify what form of contrast willpower is organism proposed in the case study. The form of yield line possession being proposed in the case study is take inet of doctor proprietary. This induction is attained by the fact Eduardo is thinking of starting signal his protest dividing line Eduardo undertook the market research and then began to architectural plan his byplay and if the proposed note does not accumulate sales expectations Eduardo stands to sustain his st restorelyion savings. These actions describe the ancestry structure of sole proprietorship where there is one owner operator who gener eachy 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 study the w ord his is used which further implies the product line will be a sole proprietorship. 2) Identify the master(prenominal) motivating 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 billet where quantity comes before quality - believes consumers do not ask alternatives when purchasing furniture - is proud of his skills but most peddle is done by machines This links to business management hypothesis 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, knowledge and experience - self belief - opposition to set goals - meet a need in the market - fill a gap in the market 3) Identify four approbative aspects of the business proposal at this stage and how based on your knowledge of business management can/will present a line future success. Four positive aspects of the business proposal at this...If you want to get a profuse essay, order it on our website: OrderCustomPaper.com
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