STARTING YOUR BUSINESS
0.5 is for making the changes as per the Prof comment.)
Assignment 2: “Organizing your business”
Determine how your business will be organized:
How do you plan on implementing the skills of management in your business?
What type of management structure do you want?
How many levels of management do you want?
Which areas of management do you think are needed?
Which management skills are necessary in your chosen industry?
Identify your initial strategy for your business
Develop your organizational structure / organizational chart
Determine your organization’s decision making hierarchy
All work should be submitted via the assignment link in our MyBizLab course.
The following guidelines must be adhered to for all individual assignments:
- Times New Roman or Arial type, font size 12
- Title page
- 2 to 3 pages (not including title page)
- Reference page (as req’d)
Accepted file types: doc, docx
this the communist from the first assignment. Please make changes and then continue developing it further.
Answer preview
Part 1
I have an idea of establishing a small, fast food restaurant on my own where I have a legal entity to manage my business. This business idea is to provide local meals at sit down service at a low price. It will be focused on customer satisfaction and giving specific experiences for them. The restaurant will be in the neighborhood. While researching the hospitability industry with the region, I have observed that the demand for fast food in the region is not fully met. Although there are other restaurants established in the region, my restaurant will be unique in both pricing and service delivery which will help achieve a competitive edge…
(1200 words)