Monday, 18 February 2013

Description of a business

Description of Business

Every Business carries out three introductory business or classifications of economic activity. These include Primary, Secondary, Tertiary activities. A primary activity involves the extr action of goods directly from the environment for pillow slip farming, piece of music secondary activity involves the manufacturing of goods, this includes converting unfinished goods to finished, useable goods and 3rd activity involves the provision of services to its consumers such as transportation, amusement among others.
The business under study Discovery Fashion array Store and it carries out tertiary activity since the business involves the exchange of already manufactured goods to its consumers.

Two methods of classifying business atomic number 18 the existence and the private sphere of influence where the private sector includes entirely those businesses which ar set up by individuals or group of individuals while the public sector is made up of organizations which are own and controlled the central government, the local government or public corporations. They are funded by the government and in some cases from their own purposeless or profit.
Discovery Fashion Clothing Store is a business in the private sector sine it is a mend proprietorship business, which is owned by a sole individual.

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It is in that locationfore identified as a private sector business since it was set up by an individual.

Most, if non all business decisions are constrained due to a concoction of factors which include the availability of finance which prevents decision makers from certain courses of action because the business cannot afford them.
Peoples behaviour may also be a constraint, in the sense that decisions may be limited to peoples attitude towards their co-worker. If there is conflict the decision do process will not be enhanced and also workers ability hinders decision making in a situation where the manager is absent.

The government and the EU legislation is also a decision making constraint...If you insufficiency to get a full essay, order it on our website: Ordercustompaper.com



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