planning, organizing, leading and controlling

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Select a business that you are interested in researching. The business must have at least 25 employees and is accessible to you to gather information and to conduct an interview.
Your research should answer the following:
Who started the business and why?
What product or service is provided by this company?
Do you consider the owner/developer an entrepreneur? Why?
How did a business plan assist the owner to start the business.
What is the organizations structure?
How has the owner/developer used the principles of management (planning, organizing, leading and controlling) to make the company a success?
How does the company provide an environment to foster employee motivation?
How is the product or service marketed?
How is the product or service priced?
Do you consider the business to be successful? Why?
Your research paper may require you to use Internet, periodicals or other sources of information. You will be required to include a bibliography or reference page at the end of your report to include each source.
To assist you in completing this assignment thoroughly, you are required to interview an individual in the company that can assist you in gathering all the information required. Develop questions and include a question and answer section in your report.
Write your paper following this outline:
Introduction
Description of the company
Executive summary of your paper
Content
Answer each of the questions outlined above. Be thorough and descriptive. Use comparisons where applicable. Using words, paint a picture of the company, who it is, why it exists, how it performs, successful or not successful.
Interview
Who did you interview? Name, title and company.
What were the questions and answers?
Summarize the conversation.
What did you learn from the interview?
What are some of the strengths and weaknesses regarding company that you learned from the interview?
Conclusion/Summary
How did this assignment help you understand the formation, development, operation and success of a business.
If a class member where to read your paper, what are the main points you would want them to remember?
Paper should be at least 7 pages in length and include a bibliography of references. You may also include footnotes, but they are not required. The 7 pages do not include the bibliography or a title page. No specific report style is required, however, you must have one inch margins, double space and use 12 pitch font – Arial or the default font in Microsoft Word. Double spacing

 

Sample Solution

conomic environment affects the income level of the people living in the UK. The economy now is in an okay state, but I think could be better. Dream Academy Performing Arts charge £32 which can be affordable for some but could be hard on other especially with some parent only have one main earner. The impact of this for Dream Academy Performing Arts is that they may lose customers because of some families may come into problems for example redundancy. I think they are meeting their expenditure and it is profitable but obviously if they are losing people then it could bring their expenditure and profits down, I do think they could afford to make the price higher because it could turn people away which would mean they lose business. As this company does not receive any funding from the government or any local resources it is mainly funded by parents. (Anon., n.d.)

Social factors in the organisation are religion, family or wealth, this affects the organisation because the company must use equal opportunities for all children and adults.

The social factors affecting Dream Academy Performing arts are that medication is always changing, (Anon., n.d.), low numbers of carers for people with disabilities, the society opinion on disability some people with disabilities are having their rights violated and comes under the 2010 equality act (Anon., n.d.), with the 2010 equality act it covers discrimination this includes extending protection against indirect discrimination to disability, introducing the concept of “discrimination arising from disability” to replace protection under previous legislation lost as a result of a legal judgment, applying the detriment model to victimization protection (aligning with the approach in employment law) and extending protection against harassment of employees by third parties to all protected characteristics, making it more difficult for disabled people to be unfairly screened out when applying for jobs.(Anon., n.d.)

Porter’s five forces: Attractiveness of the industry

Bargaining power of the supplier

The bargaining power of Dream Academy Performing arts is high because they do not have their own venue, the venues needs to be hired every week to run their session. The venue owner has considerable influence on them on time and dates the venue can be made available. This makes it difficult for dream academy to put long term plan. The venue owner is also able to change the price of rent frequently.

Threat of substitute products:

The threat of substitute products or services is high because there are other institutions such as Walk Tall who run the similar programme and provides sessions on Friday for 1.5 hours for their academy for 8- 11 year o

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