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Small Business Enterprise Assessment (Doc)

Added on - 18 Dec 2019

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UniversitySmall business enterpriseByDateNameLecturer’s name
Small business enterpriseContentsTask 1...........................................................................................................................................................31.1 Strength and weakness of small business enterprise........................................................................31.2 The comparative measures of performance......................................................................................6Task 2...........................................................................................................................................................72.1 Weakness and Recommendation to overcome it.............................................................................72.2 Ways in which existing performance could be maintained and strengthened.................................82.3 Recommendation of new areas for the business expansion.............................................................8Task 3...........................................................................................................................................................93.1 Assessment of existing business plans and objectives.......................................................................93.2 Revise business plan........................................................................................................................103.3 Changes implementation and their plans.......................................................................................11Task 4.........................................................................................................................................................124.1 Monitoring the performance...........................................................................................................124.2 The process by which the changes will be managed in the business...............................................124.3 Monitoring the improvement of the performance..........................................................................13References.................................................................................................................................................15Page2of16
Small business enterpriseTask 11.1 Strength and weakness of small business enterpriseBusiness background and its managementGoodman Fielder is bakery of Australia which has been providing its thrall to the generalpopulation of Australia from 2002. Other than the biscuits, breads and cakes this company isadditionally acclaimed in the nourishment and refreshment field. It can be said that theorganisation has numerous similitude with Singapore based firm named Goodman Fielder(depetro, 2001). The stores and the results of the two organizations are fundamentally the sameas. All companies which are Australia based offer the bread, buns, cakes and baked goods. Theorganisation has a lots of outlets in areas which are metropolitan regions of Australia likeMelbourne, Sydney, Brisbane, Canberra, Perth and Adelaide.Product and service which have been offeredAll items, products of company and the administration of this organisation have gained goodwillin market and in sight of its customers due to best quality. Goods of business organisation areessentially the buns, breads, biscuits, cakes and pastries. It is said that the organization is in wellcondition and the favourable circumstances consistently is discernible. Reaction of the delegatesand the more clean store will attract more consumer to come and buy its product in long term.(DeWolf, Lauzon and Culmo, 2002).Business objectives and mission of companyThe company has major long term mission to establish various outlets in Australia in near future.the company has made sense of how to open close around 60 outlet in several spots of Australia.Likewise they need to open outlets later on in whatever remains of the states of the country. ThePage3of16
Small business enterpriseoppression and the sufficiency of the company's thing makes the firm more proper for theconsumer and that is why the company is achieving a broad assortment of advance(DeWolf,Lauzon and Culmo, 2002).Following are missions of small business organisation1.To keep up the nature of the products of company2.To keep up the cleaning in each and every stores3.To dispatch more than ten products in the up and coming year4.To keep up the consumer loyalty level in the best way.The structure of the organizationThe company is focused on providing the best service to the customers. In this case, they haveadopted their structure which delivers a great sense of service. The structure is as follow:Top management:the top management reflects on the CEO. The CEO makes the decision andalso he is the decider of the any decision.Managers:managers manages the employees and also the human resource departments to makeproper workforce management.HR management:HR management takes control on the decision making process. Recruitmentsand selection process is also a part of their activities.Employees:the human resource management runs the employees. The human employees areliable to meet all the organizational objectives and to achieve all the goals.Limitation of small business enterprisePage4of16
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