Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

Word Limit: 2,300-2,500 in total (assignments more than the word limit might not be marked and might be returned to the student for re-writing; assignments less than the needed length will risk not covering the topic sufficiently and might result in a fail). Do not comprise synopsis, references or bibliography in the word count.

Required:

Read the fact situation beneath and finish the tasks in Part A and Part B.

Liam, Nisha, Saul and Jing are first year university students who have newly opened a bakery (Bio Breads) at their university. Liam, Nisha, Saul and Jing have entered a written agreement with the university that allows them to use the university cafeteria ovens all night to bake bread which is then sold from a stall located in the university’s food court.

Only certified biodynamic or organic grains and ingredients are employed in the many different Bio Bread loaves, and on the exceptional occasion ingredients are sourced from overseas, the Bio Bread operators, Liam, Nisha Saul and Jing, make sure only fair trade certified products are purchased. The operators all strongly believe that merely sustainable agricultural practices should be encouraged and that grain growers and other suppliers must be paid a fair price for their labor. In addition to such shared beliefs, Liam, Nisha, Saul and Jing do not approve of large multinational corporations – preferring smaller business structures and the concept of buying from local suppliers wherever probable.

In keeping with their beliefs that a fair price must be paid for labor Liam, Nisha, Saul and Jing believe they as well should receive a reasonable financial return for their labor as bakers and operators of the Bio Breads business.

While prices are kept as low as possible at the bakery, the big volume of sales means which Bio Breads is a profitable operation. The operators select to share the profits equally among themselves.

Liam, Nisha, Saul and Jing are, though, finding it difficult to keep up with demand and frequently have to turn customers away. This is very much against their beliefs that Bio Breads must be a place where all who wish to purchase reasonably priced biodynamic, organic or fair trade food are welcomed. Liam,

Nisha, Saul and Jing are as well struggling to keep up with their studies as they are spending so much time running the bakery.

Liam, Nisha, Saul and Jing approach you for some advice. In specific, they are seeking your opinion about which of the following ways of organizing the business is most suitable given the specific circumstances describeed above.

•    Partnership
•    Co-operative
•    Company

While you are well-known with some of the characteristics of partnerships and companies you have less knowledge about co-operatives, thus you inform Liam, Nisha, Saul and Jing that you require to do some research before you can give them your opinion.

Required: Complete the tasks in Part A and Part B.

Part A: Compare the essential characteristics of partnerships, co-operatives and companies ‘the business structures’.

In your answer you should discuss:

• The respective disadvantages and advantages of each of these business structures.

• The steps needed in forming a partnership, a co-operative and a company – and how each business structure can be ended.

• Further structural options in each of the business structures (illustration: provided certain requirements are met a partnership might be a general partnership or a limited partnership).

• How capital might be increased and any restrictions on capital rising for each business structure.

• The regulatory environment for each and every business structure (is there a specific regulator? Does specific legislation apply to that structure? If so, is it state, common-wealth or a combination of both?)

• Internal management and governance needs for each business structure.

Note: limit your comparison to partnerships, co-operatives and companies – and structures in these. DO NOT discuss sole traders, franchises, joint ventures, associations. And make sure you use the right state based legislation for your location.

Part B: Based on your comparison in Part A, advise Liam, Nisha, Saul and Jing which business structure is most suitable given the specific circumstances of the Bio Breads operations as set out above. In your answer you should give reasons for your advice.

You must as well describe why neither of the other two business structures is, in your opinion, the most suitable.

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M930

Have any Question? 


Related Questions in Homework Help/Study Tips

Question what observations about the stores customers does

Question: What observations about the Store's customers does Angelou make?

Questions interagency communication60 words minimum1 read

Questions Interagency Communication 60 words minimum 1. Read transcript and provide thoughts on material 2. How should roles be selected for the Emergency Operations Center (EOC)? Is seniority is less important than expe ...

Final assignment research proposalyou will now complete

Final Assignment: Research Proposal You will now complete your research proposal. Your proposal should be 6-10 pages in length with a minimum of five references in addition to the text. All of the following sections must ...

Overview of the mechanisms of kidney functionms cornwall is

Overview of the Mechanisms of Kidney Function Ms. Cornwall is admitted with pyelonephritis. She has chills, and her temperature is 101°F. She is complaining of flank pain, frequency, and dysuria. Her urine has white bloo ...

When a sample is vaporized and injected into a mass

When a sample is vaporized and injected into a mass spectrometer, the following results are obtained. Mass of Atom (amu) % Abundance 143.911995 3.07 146.914893 14.99 147.914818 11.24 148.917180 13.82 149.917271 7.38 151. ...

Write a 2-3 page paper and explore what factors contributed

Write a 2-3+ page paper and explore what factors contributed to violence in the workplace within the past three years. Define workplace violence What type of strategies or interventions should HR management adopt to prot ...

Assignment comparison of juvenile delinquency theorythe

Assignment : Comparison of Juvenile Delinquency Theory The Centervale town council has recently become enamored with the idea of incorporating a more theory-driven approach in the development and execution of juvenile ju ...

Healthcare policy and law class must be 250 words must cite

Healthcare Policy and Law class. Must be 250 words must cite work. "Medicaid" Please respond to the following: Examine at least two (2) eligibility requirements for Medicaid. Debate the extent to which you agree with the ...

Assignmentin october of 2001 the united states enacted the

Assignment In October of 2001, the United States enacted the United and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT) Act. This new legislation was an eff ...

I - samuel gompers - the american federation of labor

I - SAMUEL GOMPERS - The American Federation of Labor (1883) REVIEW QUESTIONS 1. Why did Gompers believe that unions were necessary? 2. Why did Gompers claim that trade unions did not exist in China or Russia? 3. What we ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro