This type of paper involves writing a formal explanation of one specific word. It is important to note that this is an essay, which means you most likely cannot pick a simple term that can be described in a few words. A definition essay is meant to describe a complex term that has significant background and historical origin, and is a relatable term. This gives us room to write a definition essay about it, which would give it an accurate representation.
An Introduction to Business Essay - Words | Bartleby
Please join StudyMode to read the full document. In order to ensure that the organization is hiring the correct employee the business must come up with an organized plan, or a pre-hiring assessment plan to properly screen all potential candidates for the job. If an organization was in the process of hiring for the open position of the President of a major retail store chain they would want to ensure they had a thorough pre-hire assessment plan prior to accepting applications or conducting any interviews. Obviously this position is at the top of the chain and very important to the organization's success.
Business Structure can be defined as the institute framework legally acknowledged in a particular field for conducting commercial activities such as corporation, partnership, Limited Liability Company and sole proprietorship. Each business structure has its merits and demerits in terms of liability protection, ease of set up, periodic reporting requirements, taxation, complexity, cost and operating complexity. The kind of business structure that am going to choose in this case will depend mainly on the delicate balancing of challenging considerations. The best structure for home based businesses such as making and selling of crafts is sole proprietorship. However the business in the question will belong to two people meaning sole proprietorship is not applicable.
In: Business and Management. Joseph B. Pettiford Introduction to Business 9 Nov 1. Identify at least three challenges when setting up a business.