business studies research a business

task Studies Assessment task Incorporating a Business intend jump 1 Oral Presentation Bernie Chan 1)The backing cognomen and contact expand for the backup including telephone, fax, address, email or website. Business name: Mr. Jeanss menswear Phone number: 93180311 Fax way out: 92810033 Address: 143 Redfern St. Redfern NSW 2016 e-mail: kchan1964@hotmail.com 2)The owners of the melody Kevin Chan 3)Prime function of the trade To pop the question income for the business owner by hoping to attain profit from the gross revenue of mens clothing 4)The example of business opening Sole trader; there is one owner that is responsible for finance, employment issues, node relations, stock management, etc. 5)Industrial domain the business is operating in The business is operating in the aboriginal sector. The business purchases stock from various manufacturers and wholesalers to sell to the public. 6)Current challenges confront the business C urrent problems that be lining the business is the locomote Australian sawhorse and the economic quoin that the country is experiencing. The mass of the businesss stock is imported from overseas. Falling Australian dollar means that stock will cost much to import, thusly results to a decline in profit and the simplification in the quantity and quality of products that the business can afford. The recession that Australia is facing is lowering consumers spending as many another(prenominal) are afraid of losing their job in the future, and is focused on deliver their income rather than spending. As the items that this business sells is not ingrained to excerpt and falls under the motivations category, consumers are more indecisive in their spending, which ultimately results in a loss of lolly as well. 7)At what put of the business life cycle is this business in? This business is in its maturity stage; as the business has been running for 6 years, has accumulated a level of customer loyalty and has a reaso! nably steady...If you want to get a full essay, order it on our website: BestEssayCheap.com

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