Mba Essay Structure

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Nov 24, 2024

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Mba 640 Managerial Economics MBA 640 (Summer IS 2010) MANAGERIAL ECONOMICS EXAM #1 STUDENT NAME: Exam is open book and open material. 1. Explain the interaction of Managerial Economics with other business disciplines, giving specific examples. Managerial economics has been defined by conventional theorists as a science that "is all about how people make choices" After you've defined managerial economics and it's relationship to its economic theory. Managerial economics will interact with each of these business's disciplines at some point or another; demand, marketing, finance, accounting, management science and strategy. An example of one of the disciplines (demand or price elasticity): Ford and Honda cater to the subcompact segment (marketing ...show more content... A change in demand means that the amount consumers are willing and able to buy changes at each and every price. This affects your supply demands. When demand is high the price becomes low and vice/versa. 6. Define market equilibrium and briefly explain how knowledge of this factor can facilitate the organizational decision making process. Market equilibrium occurs where quantity supplied equals quantity demanded. An increase of supply or overproduction will facilitate a price decrease and the number of quantity produced to rise. A decrease of supply affects the equilibrium price to rise and the quantity to fall. When supply increases and demand remains constant, price falls and quantity sold rises. A decrease in supply and the demand remains constant, causes price to rise and quantity sold to fall. This knowledge of equilibrium/disequilibrium can help an organization determine marketing decisions. Continue production, price change, or get rid of this market. 7. How does the impact of supply and demand influence the Pricing of goods and services? Because supply and demand plays a critical role in today's economy, it 's important to understand
how they both operate – and how you can use them to analyze decisions about the pricing of goods and services provided. My Father once told me a story and said;" I lost $40,000 dollars today"! I said," You did? How"? He replied, Get more content on StudyHub.Vip
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Functional Areas in Business Organisation In all industrial companies there are a number of key tasks or function that must be carried out regularly. Stock must be bought, the bills must be paid, the customers have to be served and the customer enquiries have to be dealt with. In a small organisation all the jobs may be done by one or two people occasionally, however in a large organisation people have to be specialised in many different individual tasks. A big company is usually easier to identify separate functional areas because employees work together in departments. Each individual department carries out tasks to relate to their particular area. The main purpose of functional areas is to ensure that all important business ...show more content... This job includes: ± Advertising job vacancies ± Liaising with staff associations or trade unions ± Maintaining staff records ± Monitoring the terms and conditions of employment ± Advertising mangers on the legal rights and responsibilities ± Carrying out company welfare policies ± Recording absences ± Arranging staff training and encouraging continuous professional development ± Receiving and recording job applications ± Arranging interviews ± Notifying staff of promotion opportunities Customer Service: Cadbury must look after customers or clients who have an enquiry, concern or complaint. In today±s society customer expectations are high, when people contact a business they expect a prompt, polite and knowledgeable response. Many businesses have customer service staff or a customer service department, where trained staff handles enquiries and complaints positively and professionally this does not include in the staff ignoring customers and their needs. Customer service staff must also be aware of the legal rights of customers. There job must consist of: ± Answering customer enquiries about products and services ± Providing specialist information and advice to meet customer needs ± Providing after sales service, including replacing damaged goods, arranging for replies or for spare parts to be obtained and fitted. ± Dealing with customer complaint according to company procedures. ±
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Personal Development Plan Assignment Henley business school – sa08 | STAGE 1: PDP – SELF AWARENESS REFLECTION AND PLAN | Personal Development Plan | | Name: Theophelius Kanakana | 15/04/13 | Student Number: 21033458Word Counts: 1758 (Excluding bibliography) | | Table of Contents 1.1. Introduction 1 1.1.1. Self–Awareness Reflection 2 1.1.2. My Personal Development Plan 3 1.1.2.1. Short–Term Goal 4 1.1.2.2. Medium–Term Goal 4 1.1.2.3. Long–Term Goal 4 1.1.3. Strengths 5 1.1.4. Weaknesses 5 1.1.5. Opportunities 5 1.1.6. Threats 6 Bibliography 7 1. Stage 1 – Personal Development Plan (Self Awareness Reflection and Plan) 1.1. Introduction Human ...show more content... 1.1.2. My Personal Development Plan To manage the business, one must have a good experience and relevant qualification. The right qualification one must have is an MBA in order to have the right understanding and knowledge you must require. And experience is one thing that will come after a good investment of time in learning and development (miller, 2011). To achieve my goal of being the Business/Divisional Manager, I need to have an MBA degree which is one thing that I have already started and will surely be completing successfully within three years' time i.e. end 2015. And I am already having the management experience of 6 years now. With 4 years of experience as a Head of the department, and that too with reputable aviation firm in South Africa. I have already laid the stepping stone to achieve my goal and this Personal Development Plan will surely make me achieve my goal effectively within the decided time span in an organized manner. I
have always been a good performer when it comes to my work i.e. Human Capital Business Partner. In 2010 I got an award of being the 2nd best student for the Management Development Programme (MDP) at GIBBS. I am a quick learner and this is the key quality which I think that is required to be successful in your life. My past track record and academics have always been good. I got an award in Industrial Psychology for being the best student in Bachelor's degree and also my previous study records at Get more content on StudyHub.Vip
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Strategy and Structure of International Business (Part 2), summary Firms expand on international level to increase their profitability. In order to maximize that profitability they must adapt their strategy to the structure and business environment. During this unity, I lean haw a firm can be organized and how it can choose the appropriate strategy according to its structure and environment. Also, I lean the different possibility of expansion which a firm can take and the advantages and risks of each possibility. In the paragraphs bellow, I present what I understand about organization of international business, the entry strategy in a foreign market and the exportation and countertrade. The Organization of International Business Organizational architecture is the structure of the organization, which include organizational structure, control systems and incentives and processes, organizational culture and people. An international business can be organized in three different dimension. A vertical differentiation, which emphasizes on where decision are made, a horizontal differentiation, which concerns the formal division of the organization and in the integrating mechanisms which focuses on the coordination of subunits. Based on the way a firm it organizes, a manager should identify which strategy is appropriate to its organizational structure. For instance a manager could choose a decentralization with core competency more centralized for a vertical differentiation Get more content on StudyHub.Vip
Essay For Mba Admission I came to the United States last year and it has been an extremely rewarding experience. I have truly enjoyed working and living in a multicultural environment. In my professional life, I have taken on greater challenges and led a team in the expansion of a new business. I also joined the Toastmasters where I honed my English communication skills and made new friends. My greatest delight is that I found my life's passion. This began when I took a journey to my hometown last November where I encountered my strongest school competitor after 12 years. She, unfortunately, had dropped out at 15 to get married and had a daughter with a heart condition, which subjected her to domestic violence and economic pressure. I empathized with her because of my personal experiences. My father was abusive and forced me to quit school at 14. However, my determination got me admitted into a senior high school in Shanghai. This was the beginning of a phenomenal journey. Currently, I work at a Global 500 Company and are testimony that girls can make a difference. I am also the pride of the family notwithstanding the perception in my hometown that girls are inferior to boys. Consequently, I purposed to help women who are deprived of a basic education and the resources to make a better life. A local ...show more content... This is a great opportunity for entrepreneurs from diverse backgrounds to exchange experiences and share insights. I believe this program will equip me with the most advanced management and global networking abilities, which will qualify me to succeed in business anywhere in the world. Furthermore, being at the center of NYC enables me to interact with investors and potential partners concerning the growth of the business. I look forward to a defining and fulfilling time at Get more content on StudyHub.Vip
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Google Capital Structure Analysis Essay UNIT 5: FINAL PROJECT ASSIGNMENT (Complete) CAPITAL STRUCTURE ANALYSIS – GOOGLE, INC. Submitted to GB550: Financial Management Prof. Dale Prondzinski Prepared by Jason Kang MBA Candidate | Class of 2012i iiiiii Graduate School of Business | Kaplan University Online I fiii iand Management| GB540i fi iiiiiiiiiiiiiiii Apr 6, 2012 Jason's Portfolio Note on April 16, 2012: The course project involved developing a great depth of knowledge in analyzing capital structure , theories behind it, and its risks and issues. Before I began this assignment, I knew nothing but a few things about capital structure from previous unit weeks; however, it was not until this course's final project that came along with opening ...show more content... Many analysts would note that based on the consensus of the world population, the company's equity is of the highest value as they are currently ranked as industry leader in market capitalization (source: Yahoo Finance ) which conveniently brings me to my next evaluation. 1.1 Capital Structure As much as market cap measures to what's related to the company's equity value, a firm's decision based on its capital structure estimates more significantly to how the value of that company is allocated not only for the return on equity but accounting for debt as well. Most economists would
refer to capital structure as the mix of a company's long–term debt, the current portion of it, and of common and preferred stock. Furthermore, large tech–companies today have been taking advantage of capital structure optimizations as it is placed shoulder to shoulder to increasing return on equity thus lowering weighted average costs of capital for long–term investment. In other words, it is how a corporate manager should base his/her decisions on financing the company's assets and operations through various growth prospects and forecast estimates. We will begin to further evaluate the composition of Google's capital structure by focusing on the company's key statistics and research data from the selected top online providers of financial statements, including Google! 1.2 Key Get more content on StudyHub.Vip
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Strengths And Weaknesses Of Mba Strengths MBA is offered in many colleges. MBA holds great value for pursuing a higher education. MBA offers a variety of benefits. MBA allows graduates to have very high positions in business. MBA is a well–known academic course since 20th century MBA graduates can earn up to 50% more than the normal salaries. Weakness MBA follows no professional standards. There is no follow up courses for MBA graduates. MBA focuses on analyzing case studies rather than being more practical with what has been learned. Opportunity Colleges that offer MBA can redesign its courses to include more practice rather than just learning about them by creating workshops. Threats Businesses preferring to train their employees in their own way. Businesses offering their ...show more content... The MBA does not follow a specific professional standard and there isn't a follow up courses. More importantly its education is more focused on nonfigurative theories and case studies rather than providing practical skills Rynes et al. (2003). Also as Mintzberg (2004, p. 5) believed that MBA was approaching the wrong way of teaching and to the wrong people as well, arguing that its "specialized training in the functions of business, not general educating in the practice of management". Therefore its concluded that MBA is not providing a wide range perception on reality. MBA is now facing the threats of the business world, where businesses are preferring to train their employees to their different kinds of work themselves and also conducting training programs under their own work environment, and while the business is an ever changing environment evidence indicates that MBA is not holding its position in the market place with recruiters like it used to any longer. Whilst there are threats and weaknesses to the MBA, there is also the opportunity to redesign its module, studies and include more practices like providing workshops and focusing on being more practical which some schools that offer MBA are now doing. Part II Get more content on StudyHub.Vip
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Why I am Pursuing a MBA Degree Essay Why am I Pursuing an MBA degree? I decided to pursue an MBA degree in order to further my managerial career in the company I work for. The question would be: Why do I think it will enhance my management career? The answer to that question requires short background information. I started my career as an entry level programmer in 2000, after receiving my bachelor's degree in computer science. My career took a turn to management in 2003 when I was offered a team lead's position with the company I was working for. Since, I worked myself up through the ranks to my current position of a Manager, responsible for a sub–unit handling a specific application product. After working as a manager for 2 years, managing both the resources and the ...show more content... (GMAC, 2007). Another indication of the importance of the MBA program would be the consumer demand. The 2007 issue of the Application Trends Survey Report, published by the GMAC ( Graduate Management Admission Council ), reports that application volume has risen about two–thirds for full–time, two–year, part–time, and executive programs (GMAC, 2007). Moreover, according to the PayScale Salary Calculator the median salary range for managers in IT Telecom field in Texas is without MBA is $68,387 – $81,917, but the median salary range for managers in the same field and in the same state with MBA is $82,897 – $104,964, an increase of 30%– 45% (PayScale). The MBA has proven to be a lucrative degree. The International Recruitment Survey and Salary Report 2007, conducted by QS TopMBA.com, reveals that MBA salaries across most major industry sectors have increased more rapidly than salaries for non–MBAs. The report confirms that the MBA is the highest paid postgraduate qualification. (Quacquarelli, 2008) Increased earnings potential and market demand aside, how well am I suited for an MBA degree? According to the Jungian Personality self–assessment, I am an ENFJ. According to Scott Graverson, in his dissertation, the ENFJ personality is an Idealist–Teacher (2008, p. 55). ENFJs are sensitive to the needs of others and always try to conduct themselves in a manner that is considerate of others Get more content on StudyHub.Vip
Mba MBA TAKE HOME ESSAY QUESTIONS AND ANSWERS ON RESEARCH METHODS 1. Identify the most appropriate study design for the research proposal you are Planning to develop. A study design is the procedure that guides a researcher on how to collect, analyze and interpret observations. It is a logical model that guides the investigator while he navigates through the various stages of the research. Study types can be classified severally depending on the research strategy employed. A study type can be non–interventional that is 'observational' where a researcher just observes and analyses researchable objects or situations without intervening. Non–interventional study designs can be exploratory, descriptive or comparative. A study can also be ...show more content... Having already identified the non–intervention study type as the most appropriate study type for my research proposal, I will also employ the use of a descriptive study design to explore the current patterns of policies and strategies concerning employee empowerment in Merchant Bank Ghana Limited. 2. Describe the various data collection techniques and state their uses and limitations. Data Collection is a vital aspect of any type of research study. Erroneous data collection can impact the results of a study and ultimately lead to invalid results. Data collection methods for impact evaluation vary along a scale. At the one end of this scale are quantitative methods and at the other end of the scale are Qualitative methods for data collection. Choosing a particular data collection method will depend on the accuracy of information they will yield and the practical considerations, such as, the need for personnel, time, equipment and other facilities, in relation to what is available Quantitative Collection Methods Quantitative data collection involves the use of numbers to assess information. This information can then be evaluated using statistical analysis which offers researchers the opportunity to dig deeper into the data and look for greater meaning. The Quantitative data collection methods rely on random sampling and structured data collection instruments that fit varied experiences Get more content on StudyHub.Vip
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My Personal Development Plan For Mba Program In this Report, at first I will present my initial personal development Plan, which was prepared at the beginning of the MBA program to improve upon my personal as well as professional skills, and regarding my expectations and goals that I would like to achieve through this program. This PDP is reviewed and assessed on regular basis during the course based upon the learning and personal reflection, along with highlighting my short and long term objectives after the MBA completion, to meet personal and professional target goals. SWOT ANALYSIS For presenting my initial and ongoing personal development plan there is need to first conduct personal analysis using SWOT, to know about my strengths and weaknesses, and what external opportunities or threats might affect any plans I take. As, this will shape the background to any developmental plan. Strengths Strong technical job background. Many years of experience of working with different international clients, thus awareness about way of working of different nationalities. Experience of handling and working under high pressure and limited time span situations in projects. Good communication skills. Decision taking skills. Weakness Lack of effective managerial experience. Lack of in depth knowledge of the way by which businesses run. Not well organized in maintaining work–life balance.
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Not planning ahead for the future tasks. Not enough public speaking or presentation experience. Opportunities Utilizing Get more content on StudyHub.Vip
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Questions On Mba International Business Coursework Header Sheet 219510–110 Course BUSI1604: Fdns of Scholarship & Res Course School/Level B/PG Coursework Topic review Assessment Weight 0.00% Tutor Khairy Eteiwy Submission Deadline 15/10/2014 Coursework is receipted on the understanding that it is the student 's own work and that it has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged in accordance with the University 's Regulations regarding Cheating and Plagiarism. 000851915 Tutor 's comments Grade Awarded___________ For Office Use Only__________ Final Grade_________ Moderation required: yes/no Tutor______________________ Date _______________ Course: MBA International Business Subject: BUSI 1604 ID No: 000851915 TOPIC REVIEW: The ability to innovate is becoming a critical indicator of business success. Discuss in relation to two sectors. Introduction In the present global business world every organisation needs to become a successor. To gain the business success everyone has to adopt innovation in their organizational structure. The word innovation has derived from the Industrial revolution, which had taken placed in Nineteenth Century. After the Industrial Revolution, it was observed that there was a growth in the economy as well as progress in the living standards of human societies due Get more content on StudyHub.Vip
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Marketing Plan For A Sales Manager Essay Question 1 1. As a sales manager, this is my responsibility to expand the company's business. It is my duty to guide all the sales person in which manner they will contributed towards the company growth. A sales manager is in charge of meeting the business focuses of the association through powerful arranging and planning. A sales manager devises methodologies and systems fundamental for accomplishing the business targets. He is the person who chooses the future strategy for his colleagues. A sales manager is responsible to increase and expand the business. As a sales manager, it is duty to expand the business in the form of increase the account it is my duty to guide the sales person to increase no of account. As a sale manager, i am additionally in charge of brand advancement. I should make the item prevalent amongst the customers. Propelling sales person is a standout amongst the most critical obligations of a sales manager. I needs to make collaboration as a solitary unit working towards a typical goal. I should guarantee sales person don 't battle amongst themselves and offer cheerful association with each other. Create lucrative motivating force conspires and acquaint fiscal advantages with urge them to convey their level best to increase the no of account, it is not nessacary that they sales person complete their target with current no of account but they have to open the new account as well. Word count: 237 Question 2 (i) I will take a seat with Jason to Get more content on StudyHub.Vip
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Reflective Essay On Business Management I am a Business Management major and I have no clue what I intend to do with my life. I chose business management as my major, because despite being undecided, I thought that it was the most useful. Business management appeared to be the most useful to me, because everything is essentially a business. I'm not worried about what I'm going to do with my life though, I have faith that it will all work out. As it says in the bible, "Peace I leave with you; my peace I give to you. Not as the world gives do I give to you. Let not your hearts be troubled, neither let them be afraid." (John 14:27). Faith can have a major impact on how business is conducted. A Christian's faith can lead them to make ethical and morally good business decisions. As said in the book, Instructors Guide business through the eyes of faith, "Christians, on the other hand, have an opportunity to see God 's good intentions for them in a business career. Business is, after all, an institutionalization of God's intention for us to work and to serve each other.". Business management will let me have control over a business, whether it's my own or or a company that I work for, and I will be able to be creative. It will allow me to develop skills, like leading, planning, and organizing, all of which mirror qualities that are Godly. Being a Christian will also let me be a good influence for others in the business world. Not only by making good ethical and moral decisions, but by also helping others and showing that you can have faith and still be a rational business person. A good example of this is the organization Wine to Water. They are a non–profit organization that uses donations to help solve the global water crisis in third world countries. This organization was founded by a man named Doc Hendley, because when he found out that only 1 in 9 people have access to safe and clean water, he was shocked. Doc Hendley was so shocked that he started the organization and decided to make a difference in the world, because he felt that it was his spiritual calling to help those people. My faith will hopefully lead me in the direction of a fulfilling life, both physically and spiritually. A potential future option of mine, that I've considered is going Get more content on StudyHub.Vip
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mba hr assignments Essay ANNAMALAIUNIVERSITY DIRECTORATE OF DISTANCE EDUCATION M.B.A. (Human Resource Management) first Year Academic Year 2013 – 2014 ASSIGNMENT TOPICS This booklet contains assignment topics. Students are asked to write the assignments for EIGHT papers as per instructions. Last date for submission : 28–02–2014 Last date for submission with late fee Rs. 300/– : 14–03–2014 NOTE: 1. Assignments sent after 14–03–2014 will not be evaluated. 2. Assignments should be in the own hand writing of the student concerned and not type–written or printed or photocopied. 3. Assignments should be written on foolscap paper on one side only. 4. All assignments (with Enrolment number marked on the Top right hand corner on all pages) should be ...show more content... Thus in addition to raising funds, financial Management is directly concerned with production, marketing and other functions within an enterprise whenever decisions are made about the acquisition or destruction of assets". Elucidate. 3. "When the corporate income taxes are assumed to exist Modigilani–Miller and the traditional theorists agree that capital structure does affect value. So the basic point of disputes disappears". Do you agree? Why or why not? 4. "The contention that dividends have an impact on the share price." Explain the essentials of this argument. Why the argument is considered fallacious. 1.6 BUSINESS MATHEMATICS AND STATISTICS 1. A chartered Accountant applies for a job in two firms X and Y. He estimates that the probability of his being selected in firm X is 0.7 and being rejected in Y is 0.5 and the probability that atleast one of his applications rejected is 0.6. What is the probability that he will be selected in one of the firms? 2. In a factory turning out razor blade, there is a small chance of 1/500 for any blade to be defective. The blades are supplied in a packet of 10. Use Poisson distribution to calculate the approximate number of packets containing blades with no defective, one defective, two defectives and three defectives blades in a consignment of 10,000 packets. 3. A sample of 400 students of undergraduate and 400 students of post
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Strengths And Weaknesses Of An Mba Student Strengths are the actions that someone can do better while a person's weaknesses are that defective quality of a person. This paper seeks to bring into light the strengths and weaknesses that an MBA student could be having and the areas which I the student needs to improve on. Some of the strengths include being genuinely concerned about others, Being hardworking, being enthusiastic. Some of the weaknesses include perceiving other people the way I feel not the way the person is, making a decision to make others happy, less honest to avoid conflicts (Seligman, 2015). Hurry to make project finished, quick in making decision without proper judgement. To begin with, the strengths, as an MBA student and an internship employee on of my strength ...show more content... This because hard work makes them achieve most if not all objectives that they set. Likewise, the quality of hard work has played a significant role in me. This is because through hard work I can organize and follow through all parts of the projects that I have put in place to ensure that I achieve the objectives of the plan. It is through hard work that I recruit others from the organization to join the projects that I always come up with. Additionally, hard work has made me productive since these projects have always achieved their aims. The weaknesses Some of the weaknesses that I have as a student are mentioned above include perceiving others the way I feel but not the way those particular people are. This is to say that I do not accept the strengths and weaknesses of other people. Mostly the weak points. This comes up mostly during my projects. When assigning duties to members, I do that without considering the capabilities of other people. I usually assume that every can do a particular thing in a better way just like I can. This has been a greater challenge to me since I end up giving some people difficult things that overwhelm them and so they end up not performing the tasks to the expected level. Another weakness is that I often make decisions to make other people happy (Shaw et al., 20116). This is an indication that I am often not honest in my decision. Many are the times where Get more content on StudyHub.Vip
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Pharmacy Admission Essay Questions Admissions Essay Questions (Graduate): Please thoroughly answer the questions below in an essay with a minimum of 500 words. The admissions committee is looking for the following things: 2–3 paragraphs per question; examples to illustrate your points; correct grammar, punctuation, and sentence structure. The admissions committee looks at these essay questions carefully when considering your application to our programs. If you have any questions about these questions or the application process, please contact your recruiter or the Graduate & Professional Studies department at (800) 995–3199. 1. Describe the most significant position you have held, the responsibilities involved, the knowledge and skills required, and your own estimation of ...show more content... In a hospital I.V. room, sterile technique and cautious procedure must be followed in order to prevent the accidental infection of patients. I have created a formal training program each new technician must complete before meeting I.V. room qualification for our pharmacy . I have also devised the curriculum and quizzes for new employees to follow in order to prepare for the pharmacy technician certification exam. This test covers all areas of pharmaceutical work including I.V. technique, drug families, narcotics and pharmaceutical mathematics. Many of our new technicians do not have previous pharmacy experience, and one of the challenges I face is presenting this new pharmaceutical information in a manner in which they can relate and understand. I look forward to the challenge and realize explaining foreign concepts may be a large facet of my future career. As I look forward to a profession of combining my computer science background with the business capabilities an MBA will provide, I realize explaining technical information may very well be a part of my job description. When explaining new concepts to coworkers, managers or clients, it is important to be able to present the information in more than one light. People have diverse styles of learning and it is necessary to have the ability to adapt to each person's particular style. It is also important to be able to convey a sense of what information is vital Get more content on StudyHub.Vip
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Essay On Business Structure When brainstorming to start a business, it is essential to research the most efficient way to start a company and all the liabilities that can happen. Business can become successful with the right person in place and a unique idea. When making a company, it is crucial to determine the structure, which organization to start with and the liability that is involved. When taking a closer look at five different company structures Sole Proprietorship, General Partnership, Limited Partnership, S/C Corporation, and Limited Liability. Which have not honored the contract and are at risk for legal actions. The various liabilities between each owner will be discussed. Which will analyze ways to limit liability and display my future business ...show more content... Now, A partnership is formed between two individuals and the agreement should be in a contract form or writing. The next two types that are discussed are general partnership and limited partnership. Silverbrand (2008) stated Partnerships are the primary form of business which larger companies begin (p.167). Partnerships are simple to start, no required registration only within certain states, and can end quite rapidly. A general partnership is where each partner is equal to liability or any litigation consequences. In a limited partnership, the liability is limited equal to the amount the limited partners at first invested. In fact, sometimes limited partners do not make business decisions but, own stock within the company. Basically, an LLC, with its hybrid nature, "provides owners...with the limited liability protection of a corporation, but without the potential for double taxation" (Jordan & Clark, 1197). The income created from a general partnership of a business is taxed as income earned by the person working for a different company. When starting a partnership it is best to discuss the amount of liability that each partner is responsible for. Which, will help when looking at the type of litigation described. The most recognized companies are Corporations and LLC's. According to Sonderquist (2000) Corporations are similar to limited partnerships Get more content on StudyHub.Vip
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Proposed Study Plan for MBA Table of Contents Proposed study plan1 Alternative study plan2 Study plan: MBA Proposed study plan I have embarked upon an MBA at the Robert Kennedy College (in association with University of Cumbria) to deepen my academic knowledge of the business world. I hope to emerge from my schooling better able to generate creative organizational solutions and to ground my decision– making in managerial theory. After taking Power Learning for Managers, I will begin the first four online modules in Organizational Behaviour, Financial Management , Marketing Management, and Money Management. The online nature of these classes will enable me to balance my current work duties with my coursework. By using my mornings, lunch breaks, evenings and weekends for reading and study purposes I will be able to keep up with my class work. Every week I will create a study and work schedule for myself, ranking my duties according to priority. After gaining a solid foundation in my online classes, I will next be able to proceed to the residential requirement in Leadership and Sustainability. I hope to be able to arrange with my employer to take time off during this time or at least request a lighter work schedule while engaged in this exciting, face–to–face phase of my education. I look forward to directly engaging with my fellow students and teachers, and one aspect of this MBA that attracted me is that although it is primarily online, it does have a 'real life' component. Although my schedule does Get more content on StudyHub.Vip
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Essay on Business Structure Sole Proprietorship A business with one owner who is responsible for all features of the business. Everything that happens in the company from the daily operation to the legal obligations are controlled by one individual. Sole Proprietorship Advantages: Convenience – Usually the least costly to begin. Sole proprietorships are easy to start up. They entail acquiring the proper licenses and permits. Regulations very from industry, state, and county. There is no administrative configuration. Control– Owners are permitted to organize the company in the way they prefer. All choices about how the business will operate are made by the owner. The owner has the choice of hiring someone to run the company or doing it themselves. ...show more content... In some states the partnership can continue if it is provided for in the partnership agreement. An example would be the other partners buying out the share of the partner leaving. The reason for this is to protect creditors, and maintain liability for the debts of the establishment Control – Issues with partners may arise as the resulting from misunderstandings or different goals, putting an end to the partnership. Burden– Formation and subsequent changes in structure are complex. Limited to a small number of owners. Each partner is legally responsible for the actions of each partner. Unless you can prove in a court of law that you did not participate, knowingly or unknowingly, in illegal activities you could be forced to pay fines, penalties or even serve jail time. Limited partnership Like a partnership a limited partnership has two or more owners. Unlike a general partnership a partnership agreement is required. The partnership agreement stipulates which partner has what responsibility and which ones have what authority. Advantages Liability – Limited partnerships have both general and limited partners. A limited partner has little accountability for the debts incurred by the partnership. At most the limited partner can only lose the amount they have invested, and cannot run the business Income taxes – Partnerships do not having to pay both a personal and a business tax. The Get more content on StudyHub.Vip
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Obtaining an MBA in Finance Essay Changing business environment demands for higher qualification especially in finance and in business. Every business entity is having separate finance department which handles all the financial transactions and requirements of the company. This clearly discloses about the great opportunity available in the finance industry and motivates for higher studies in finance and in business administration. Finance is my field of interest and I wanted to pursue my career in this sector. In order to achieve my goal I will pursue MBA specializing in Finance, which is most popular among other degrees in this segment. Thus, MBA will be the chosen profession degree. Cost analysis of MBA degree: Cost of MBA degree differs from one institute to other and ...show more content... Apart from the tuition and admission cost, student has to consider cost of laptops, books supplies and also the boarding expenses. Generally, these costs tend to increase with time, that is cost in year 2 will be higher than Year 1 cost and can leave behind higher amount of debt than expectation. Next is to considering the living expenses: Rent $ 700 per month Groceries $ 200 per month Utilities $ 500 per month Phone $ 100 per month Sundry $100 per month Total cost $1,600 per month Total cost for 2 years $38,400 ($1,600*12*2) Living costs expenses has to be included along with the overall costs determined in the previous section ($206,000). Thus, total costs will be $244,400 ($206,000+$38,400). Thus, one can obtain the MBA degree at cost of $244,400. Determination of return: Determining the return on investment is essential, for this purpose average salary of a MBA should be considered. The average salary of MBA finance is $80,000 per year excluding bonus. The salary is expected to increase by 10% per year and the joining allowance is being provided at the time of joining is $20,000. This will be incurred in the year 2 end. Let us use the discount rate as 5% for discounting the cash flow. The determined expenses are for two years and it is assumed to remain equal in each period. For calculation purposes let us consider the amount of $20,000 will be
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received at the end of Year 2. Year Cash outflow Cash inflow Present value 0 $(122,200.00) – Get more content on StudyHub.Vip
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