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Introduction to Business: Start-up Profile, Business Entities, Organizational Structure and Functions

   

Added on  2023-06-14

13 Pages610 Words382 Views
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Introduction to business
Introduction to Business: Start-up Profile, Business Entities, Organizational Structure and Functions_1

Table of contents
Introduction
Profile of selected Start-up
Distinguish between business entities
Advantages and Disadvantages of Sole tradership and general partnership
Why general partnership is better
Marketing strategy
Organizational Structure
Organizational Functions
CONCLUSION
References
Introduction to Business: Start-up Profile, Business Entities, Organizational Structure and Functions_2

INTRODUCTION
Business is defined as a process of establishing a company by entrepreneurs with the purpose of
gaining profit in the market. A business could also be referred as a company engaged in
professional activities or commercial operations. In the following presentation a new start-up
business which is called as “Germ Destroyer” has been discussed. This presentation also
includes different business entities. Furthermore, advantages and disadvantages of sole trader and
general partnership has been mentioned. This presentation also explain why general partnership
is better than soul trader for a new start-up along with marketing strategy of the company. Lastly,
organizational structure and functions of the company has also been provided in the presentation.
Introduction to Business: Start-up Profile, Business Entities, Organizational Structure and Functions_3

Profile of selected Start-up
Name of the start-up: The company name is
“Germ Destroyer” which will deal in making
sanitizers.
Location: The start-up will establish its firm in
the market of the UK.
Business Type: This organisation will implement
partnership method of business entity.
Introduction to Business: Start-up Profile, Business Entities, Organizational Structure and Functions_4

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