Who is an Entrepreneur?
Those setting up new businesses are called entrepreneurs They must take the initiative (identify a gap in the market) to set up a new good…
Articles by MbaNotesWorld
Implications of a Business expansion
Short term Implications of a business expansion § Access to new assets, markets and products § Staff can feel uncertain as a result of a…
Financing a Business expansion
1. Reserves Are profits, which are ploughed back into the business to create growth? This form of finance is suitable for organic growth as the…
Reasons For Business Expansion
(a) People ReasonsIndividual needs: In this case, the businessperson needs to grow the business to satisfy their needs for esteem and self-actualisation. Richard Branson will…
Business Expansion Management
The growth of any business is called expansion. Management must make decisions as to how this expansion will take place and how it is to…
7 Functions of Human Resource Management
This is broadly defined as any part of the management structure relating to people at work. It involves everything from recruitment to training to performance…
Impact Of The Economy On Business
The economy affects businesses through the following ways: 1.Unemployment If large numbers of people are unemployed, spending on goods/services will decrease, people who are then…
Management Skills Characteristics and Enterprise
Is the process of setting objectives & the ability to achieve results through people? An objective is a goal to be achieved. Management can be…
Management control
Management control refers to the monitoring and checking of results to see that they agree with the targets set out in the plan.Control is important…
Management control
Management control refers to the monitoring and checking of results to see that they agree with the targets set out in the plan.Control is important…