[Solved] Assignment 1 - Unit 1: Business and Business Environment - Level 4
Added on 2023-04-04
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Business Development
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ASSIGNMENT 1 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 1: Business and Business Environment
Submission date 27/02/2023 Date Received 1st submission
Re-submission Date Date Received 2nd submission
Student Name Tran Thi Ngoc Tam Student ID BH01016
Class BA0602 Assessor name Bui Le Thuy Trang
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that
making a false declaration is a form of malpractice.
Student’s signature Tam
Grading grid
P1 P2 P3 M1 M2 D1
ASSIGNMENT 1 FRONT SHEET
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 1: Business and Business Environment
Submission date 27/02/2023 Date Received 1st submission
Re-submission Date Date Received 2nd submission
Student Name Tran Thi Ngoc Tam Student ID BH01016
Class BA0602 Assessor name Bui Le Thuy Trang
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand that
making a false declaration is a form of malpractice.
Student’s signature Tam
Grading grid
P1 P2 P3 M1 M2 D1
![[Solved] Assignment 1 - Unit 1: Business and Business Environment - Level 4_1](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fih%2F4e27c2ce364a4014a895de464a6577ec.jpg&w=3840&q=10)
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Summative Feedback: Resubmission Feedback:
Grade: Assessor Signature: Date:
Internal Verifier’s Comments:
Signature & Date:
Summative Feedback: Resubmission Feedback:
Grade: Assessor Signature: Date:
Internal Verifier’s Comments:
Signature & Date:
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Table of Contents
I. Introduction .................................................................................................................................................... 6
II. The characteristics, types and purposes of different areas of business organization ................................... 6
2.1: Private sector ......................................................................................................................................... 6
2.1.1: Definition of private sector ................................................................................................................ 6
2.1.2: Types and Characteristics of the private sector ................................................................................. 6
2.1.2.1: Sole proprietorships ......................................................................................................................... 6
2.1.2.2: Partnerships ...................................................................................................................................... 7
2.1.2.3: Limited liability company ........................................................................................................ 8
2.1.2.4.Joint stock company: .............................................................................................................. 10
2.1.3. Role of the private sector: ........................................................................................................ 11
2.1.4. Example of the private sector: ........................................................................................................... 12
2.2: Public sector ................................................................................................................................ 12
2.2.1: Definition of public sector .................................................................................................................. 12
2.2.2: Types of the public sector .......................................................................................................... 12
2.2.3. Characteristics of the public sector ........................................................................................... 13
2.2.4. Example of the public sector .................................................................................................... 14
2.3. Voluntary sector ......................................................................................................................... 14
2.3.1: Definition of voluntary sector .................................................................................................. 14
Table of Contents
I. Introduction .................................................................................................................................................... 6
II. The characteristics, types and purposes of different areas of business organization ................................... 6
2.1: Private sector ......................................................................................................................................... 6
2.1.1: Definition of private sector ................................................................................................................ 6
2.1.2: Types and Characteristics of the private sector ................................................................................. 6
2.1.2.1: Sole proprietorships ......................................................................................................................... 6
2.1.2.2: Partnerships ...................................................................................................................................... 7
2.1.2.3: Limited liability company ........................................................................................................ 8
2.1.2.4.Joint stock company: .............................................................................................................. 10
2.1.3. Role of the private sector: ........................................................................................................ 11
2.1.4. Example of the private sector: ........................................................................................................... 12
2.2: Public sector ................................................................................................................................ 12
2.2.1: Definition of public sector .................................................................................................................. 12
2.2.2: Types of the public sector .......................................................................................................... 12
2.2.3. Characteristics of the public sector ........................................................................................... 13
2.2.4. Example of the public sector .................................................................................................... 14
2.3. Voluntary sector ......................................................................................................................... 14
2.3.1: Definition of voluntary sector .................................................................................................. 14
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2.3.2. Types of the voluntary sector ................................................................................................... 14
2.3.3. Characteristics of voluntary sector ........................................................................................... 15
2.3.4. The purpose ............................................................................................................................. 15
2.3.5. Example of the Voluntary sector .............................................................................................. 15
III. The size and scope of a range of different types of organizations in Vietnam ................................. 16
3.1. The size of range of different types of organizations in Vietnam .................................................. 16
3.1.1. Micro businesses ...................................................................................................................... 17
3.1.2. Small businesses ...................................................................................................................... 17
3.1.3. Medium businesses .................................................................................................................. 18
3.1.4. Large business .......................................................................................................................... 18
3.2. The scope of a range of different types of organizations in Vietnam ............................................ 19
3.2.1. Stakeholder ............................................................................................................................. 19
3.2.2. Shareholder ............................................................................................................................. 19
IV. The size and scope of Vietnam dairy products joint stock company and CNG Vietnam joint stock
commpany ........................................................................................................................................ 20
4.1. General infomation of Binh Minh Plastics Joint Stock Company ............................................... 20
4.2. Size ............................................................................................................................................. 22
4.2.1 Total Liabilities and Total Owners’s Equity ................................................................................. 22
4.2.2. The total revenue ..................................................................................................................... 24
2.3.2. Types of the voluntary sector ................................................................................................... 14
2.3.3. Characteristics of voluntary sector ........................................................................................... 15
2.3.4. The purpose ............................................................................................................................. 15
2.3.5. Example of the Voluntary sector .............................................................................................. 15
III. The size and scope of a range of different types of organizations in Vietnam ................................. 16
3.1. The size of range of different types of organizations in Vietnam .................................................. 16
3.1.1. Micro businesses ...................................................................................................................... 17
3.1.2. Small businesses ...................................................................................................................... 17
3.1.3. Medium businesses .................................................................................................................. 18
3.1.4. Large business .......................................................................................................................... 18
3.2. The scope of a range of different types of organizations in Vietnam ............................................ 19
3.2.1. Stakeholder ............................................................................................................................. 19
3.2.2. Shareholder ............................................................................................................................. 19
IV. The size and scope of Vietnam dairy products joint stock company and CNG Vietnam joint stock
commpany ........................................................................................................................................ 20
4.1. General infomation of Binh Minh Plastics Joint Stock Company ............................................... 20
4.2. Size ............................................................................................................................................. 22
4.2.1 Total Liabilities and Total Owners’s Equity ................................................................................. 22
4.2.2. The total revenue ..................................................................................................................... 24
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4.2.3. The updated total employees ................................................................................................... 24
4.2.4. The size of the Binh Minh Plastics accroding to Vietnamese regulations .................................... 26
4.3. The scope of Binh Minh Plastics Joint Stock Company .................................................................. 27
4.3.1. Vision....................................................................................................................................... 27
4.3.2. Mission .................................................................................................................................... 27
4.3.3. Core value ................................................................................................................................ 27
4.3.4. Stakeholder mapping of Binh Minh Plastics .............................................................................. 28
4.4. Listen and harmonize the needs and expectations of the stakeholders of Binh Minh Plastics Joint
Stock Company .................................................................................................................................. 30
4.5. Organizational chart of the company and the functions of the departments ................................ 33
V. Conclusion ..................................................................................................................................... 39
VI. Referent ....................................................................................................................................... 39
4.2.3. The updated total employees ................................................................................................... 24
4.2.4. The size of the Binh Minh Plastics accroding to Vietnamese regulations .................................... 26
4.3. The scope of Binh Minh Plastics Joint Stock Company .................................................................. 27
4.3.1. Vision....................................................................................................................................... 27
4.3.2. Mission .................................................................................................................................... 27
4.3.3. Core value ................................................................................................................................ 27
4.3.4. Stakeholder mapping of Binh Minh Plastics .............................................................................. 28
4.4. Listen and harmonize the needs and expectations of the stakeholders of Binh Minh Plastics Joint
Stock Company .................................................................................................................................. 30
4.5. Organizational chart of the company and the functions of the departments ................................ 33
V. Conclusion ..................................................................................................................................... 39
VI. Referent ....................................................................................................................................... 39
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I.Introduction:
As a business analyst at Vietcombank Fund, I am writing this report for the purpose of In-depth research
on companies doing business in Vietnam. Specifically, I want to first analyze the main characteristics of the
types and purposes of business organizations with different legal structures, and then demonstrate that
the selected companies can be in Private, public or voluntary business sector. Second, I will outline the
size and scope of various types of organizations in Vietnam with specific examples such as Binh Minh
Plastics Joint Stock Company. With the above aspect, let's draw the conclusion that the company is a micro,
small, medium or large company according to Decree 80/2021 and determine stakeholders, vision and
mission of the company and then comment. The fit between the size, scope and goals of the company.
Finally, I go deep in research and coordination among internal departments in the company. From that, it
is concluded that Binh Minh Plastic Joint Stock Company is a company worth becoming a bright investment
targe or not.
II. The characteristics, types and purposes of different areas of business organization.
2.1: Private sector.
2.1.1: Definition of private sector
The private sector is the part of the economy where ownership and control of the organization is in the
hands of private individuals or groups and where profit-seeking is a central goal.
2.1.2: Types and Characteristics of the private sector
2.1.2.1: Sole proprietorships
A sole proprietorship is an agency owned by way of an person who is completely accountable for all his/her
property for all things to do of the business.( Luat doanh nghiep 2020)
- Ownership through character : One character is the proprietor of this. The required capital is
contributed via the sole proprietor. They oversee all operations in addition to being the company's owner.
I.Introduction:
As a business analyst at Vietcombank Fund, I am writing this report for the purpose of In-depth research
on companies doing business in Vietnam. Specifically, I want to first analyze the main characteristics of the
types and purposes of business organizations with different legal structures, and then demonstrate that
the selected companies can be in Private, public or voluntary business sector. Second, I will outline the
size and scope of various types of organizations in Vietnam with specific examples such as Binh Minh
Plastics Joint Stock Company. With the above aspect, let's draw the conclusion that the company is a micro,
small, medium or large company according to Decree 80/2021 and determine stakeholders, vision and
mission of the company and then comment. The fit between the size, scope and goals of the company.
Finally, I go deep in research and coordination among internal departments in the company. From that, it
is concluded that Binh Minh Plastic Joint Stock Company is a company worth becoming a bright investment
targe or not.
II. The characteristics, types and purposes of different areas of business organization.
2.1: Private sector.
2.1.1: Definition of private sector
The private sector is the part of the economy where ownership and control of the organization is in the
hands of private individuals or groups and where profit-seeking is a central goal.
2.1.2: Types and Characteristics of the private sector
2.1.2.1: Sole proprietorships
A sole proprietorship is an agency owned by way of an person who is completely accountable for all his/her
property for all things to do of the business.( Luat doanh nghiep 2020)
- Ownership through character : One character is the proprietor of this. The required capital is
contributed via the sole proprietor. They oversee all operations in addition to being the company's owner.
![[Solved] Assignment 1 - Unit 1: Business and Business Environment - Level 4_6](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Ffi%2F786945cf41d84656a73a1d3b7e66ea0b.jpg&w=3840&q=10)
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- Freedom of work and Quick Decisions: The man or woman does now not want to seek advice from
every person else due to the fact they are the proprietor themself. So, they are in a position to make swift
decisions.
- Unlimited Liability: When the belongings of his commercial enterprise are no longer ample to cowl
the money owed of their business, they have to use their non-public belongings to pay these debts.
- Enjoying Entire Profit: They work nonstop to develop and amplify their company, and they reap the
rewards.
- Absence of Government Regulation: Government guidelines do now not follow to a sole
proprietorship. In its creation, administration, or dissolution, there are no prison formalities that should
be followed.
2.1.2.2: Partnerships
A partnership is a kind of business enterprise in which the participants collectively habits business things
to do underneath a frequent company and are collectively and severally dependable for all money owed
of the company.( Lawyer Le Minh Truong 2021)
- There should be at least two contributors who are frequent proprietors of the company, doing
enterprise collectively beneath a frequent title (hereinafter referred to as time-honored partners). In
addition to standard partners, the employer might also have extra capital contributors.
• General partners: ought to be individuals, accountable with all their property for the
responsibilities of the company.( luat doanh nghiep 2020)
• Capital contributors: are groups or persons and are solely accountable for the company's
money owed inside the quantity of capital they have dedicated to make a contribution to the
company.( luat doanh nghiep 2020)
- Property legal responsibility regime:
- Freedom of work and Quick Decisions: The man or woman does now not want to seek advice from
every person else due to the fact they are the proprietor themself. So, they are in a position to make swift
decisions.
- Unlimited Liability: When the belongings of his commercial enterprise are no longer ample to cowl
the money owed of their business, they have to use their non-public belongings to pay these debts.
- Enjoying Entire Profit: They work nonstop to develop and amplify their company, and they reap the
rewards.
- Absence of Government Regulation: Government guidelines do now not follow to a sole
proprietorship. In its creation, administration, or dissolution, there are no prison formalities that should
be followed.
2.1.2.2: Partnerships
A partnership is a kind of business enterprise in which the participants collectively habits business things
to do underneath a frequent company and are collectively and severally dependable for all money owed
of the company.( Lawyer Le Minh Truong 2021)
- There should be at least two contributors who are frequent proprietors of the company, doing
enterprise collectively beneath a frequent title (hereinafter referred to as time-honored partners). In
addition to standard partners, the employer might also have extra capital contributors.
• General partners: ought to be individuals, accountable with all their property for the
responsibilities of the company.( luat doanh nghiep 2020)
• Capital contributors: are groups or persons and are solely accountable for the company's
money owed inside the quantity of capital they have dedicated to make a contribution to the
company.( luat doanh nghiep 2020)
- Property legal responsibility regime:
![[Solved] Assignment 1 - Unit 1: Business and Business Environment - Level 4_7](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fei%2F371b2a1082904215aaa96960df55e7d6.jpg&w=3840&q=10)
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• General partners: have to be together and one by one dependable for all money owed
bobbing up from the company's operations. General companions have to be accountable with all
their belongings as nicely as the property they make a contribution to the business, they need to
limitless legal responsibility for all money owed of the member, the complete debt of the
enterprise.
• Capital-contributing members: are guilty for their capital contributions to the company.
Capital contributors are solely accountable for the total quantity of cash they invested in the agency
if a partnership in commercial enterprise experiences difficulties or losses.
- Capital of the partnership: A partnership's constitution capital is the complete quantity of property
that its founding participants have contributed or agreed to contribute. A partnership's participants can
also make a contribution capital in property different than these listed in the constitution of the company,
inclusive of gold, freely convertible overseas currencies, Vietnam dong, the price of land use rights, the
price of mental property rights, technology, and different assets.
- Raising capital of a partnership company: A partnership is now not allowed to difficulty any
securities in order to increase cash from the ordinary public. When extra constitution capital is required,
the commercial enterprise will elevate it with the aid of admitting new members, elevating the capital
contributions of every member, or noting a upward jab in the company's asset value.
- Legal fame and property liability: A partnership has prison reputation from the date it is granted
an organization registration certificates beneath the Enterprise Law 2020. When a partnership is
concerned in transactions, it has its very own belongings and is legally accountable for it. with these
belongings on an impartial foundation from the members, the organisation has impartial prison status.
2.1.2.3: Limited liability company
According to the Enterprise Law 2020, Limited legal responsibility agencies encompass one member
restrained legal responsibility organizations and two or extra participants restricted legal responsibility
companies.
- Limited legal responsibility organisation with two or extra members:
• General partners: have to be together and one by one dependable for all money owed
bobbing up from the company's operations. General companions have to be accountable with all
their belongings as nicely as the property they make a contribution to the business, they need to
limitless legal responsibility for all money owed of the member, the complete debt of the
enterprise.
• Capital-contributing members: are guilty for their capital contributions to the company.
Capital contributors are solely accountable for the total quantity of cash they invested in the agency
if a partnership in commercial enterprise experiences difficulties or losses.
- Capital of the partnership: A partnership's constitution capital is the complete quantity of property
that its founding participants have contributed or agreed to contribute. A partnership's participants can
also make a contribution capital in property different than these listed in the constitution of the company,
inclusive of gold, freely convertible overseas currencies, Vietnam dong, the price of land use rights, the
price of mental property rights, technology, and different assets.
- Raising capital of a partnership company: A partnership is now not allowed to difficulty any
securities in order to increase cash from the ordinary public. When extra constitution capital is required,
the commercial enterprise will elevate it with the aid of admitting new members, elevating the capital
contributions of every member, or noting a upward jab in the company's asset value.
- Legal fame and property liability: A partnership has prison reputation from the date it is granted
an organization registration certificates beneath the Enterprise Law 2020. When a partnership is
concerned in transactions, it has its very own belongings and is legally accountable for it. with these
belongings on an impartial foundation from the members, the organisation has impartial prison status.
2.1.2.3: Limited liability company
According to the Enterprise Law 2020, Limited legal responsibility agencies encompass one member
restrained legal responsibility organizations and two or extra participants restricted legal responsibility
companies.
- Limited legal responsibility organisation with two or extra members:
![[Solved] Assignment 1 - Unit 1: Business and Business Environment - Level 4_8](/_next/image/?url=https%3A%2F%2Fdesklib.com%2Fmedia%2Fimages%2Fks%2F0362da3472c8461cbe1bc39c0c83be97.jpg&w=3840&q=10)
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