Wednesday, May 6, 2020

2 Suggest Appropriate Aims and Objectives for a Small,...

2 Suggest appropriate aims and objectives for a small, medium and large business. Aim for a small business can Survival, to survive in the market and look for profits. Aim for a medium sized business would be to maximize their profits and growth to expand their current business operations and increase market share. Aims for Large business would be external growth,i.e taking over their competitors in the market. Secondly it would be adding value and quality to their products, and finally providing service to the community in some way, like giving funds to charities and opening up its branches in development area where development is required. Anonymous Introduction When a sole trader sets up they may have some unstated aims or†¦show more content†¦R - Realistic – the objective should be challenging, but it should also be able to be achieved by the resources available. T- Time specific – they have a time limit of when the objective should be achieved, e.g. by the end of the year. The main objectives that a business might have are: Survival – a short term objective, probably for small business just starting out, or when a new firm enters the market or at a time of crisis. Profit maximisation – try to make the most profit possible – most like to be the aim of the owners and shareholders. Profit satisficing – try to make enough profit to keep the owners comfortable – probably the aim of smaller businesses whose owners do not want to work longer hours. Sales growth – where the business tries to make as many sales as possible. This may be because the managers believe that the survival of the business depends on being large. Large businesses can also benefit from economies of scale. A business may find that some of their objectives conflict with one and other: Growth versus profit: for example, achieving higher sales in the short term (e.g. by cutting prices) will reduce short-term profit. Short-term versus long-term: for example, a business may decide to accept lower cash flows in the short-term whilst it invests heavily in new products or plant and equipment. Large investors in the Stock Exchange are often accused of looking too much atShow MoreRelated2 Suggest Appropriate Aims and Objectives for a Small, Medium and Large Business.945 Words   |  4 Pages2 Suggest appropriate aims and objectives for a small, medium and large business. Aim for a small business can Survival, to survive in the market and look for profits. Aim for a medium sized business would be to maximize their profits and growth to expand their current business operations and increase market share. Aims for Large business would be external growth,i.e taking over their competitors in the market. Secondly it would be adding value and quality to their products, and finally providingRead MoreProject Report : 1.smallco Investment Fund1277 Words   |  6 Pagesconcentrates on small Australian Securities Exchange listed companies which are outside of top 100 companies according to market capitalization for the initial investment (Smallco Investment Fund PDS 2014). Style: This fund is under small to medium capitalization value category (Morningstar2014).And it is expected that the fund benefits investors mainly by its capital appreciation and certain income will also be generated (Smallco Investment Fund PDS 2014). Objectives: This fund aims at investingRead MoreDesign and Implementation of Sets of Strategic Human Resource Management Practices 1694 Words   |  7 Pagesprimarily because the concept of fit is still so little understood. Strategic human resource management refers to managing people in organizations proactively, such that it helps a business gain competitive edge. 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Therefore, international market screening is a comprehensive and extensive process based on numerous theories of decision-making

Damien Peter Parer Free Essays

Damien Peter Parer (1 August 1912 – 17 September 1944) was an Australian war photographer. He became famous for his war photography of the Second World War, and was killed by Japanese machinegun fire at Peleliu, Palau. He married Elizabeth Marie Cotter on 23 March 1944, and his son, producer Damien Parer, was born posthumously. We will write a custom essay sample on Damien Peter Parer or any similar topic only for you Order Now He was also the uncle of Australian politician Warwick Parer and film-maker David Parer. He was cinematographer for Australia’s first Oscar winning film, Kokoda Front Line, an edition of the weekly newsreel, Cinesound Review which was produced by Ken Hall. Damien Parer was born at Malvern in Melbourne, the tenth child of Teresa and John Arthur Parer, a hotel manager on King Island, Tasmania. In 1923, he and his brother, Adrian, were sent as boarders to St Stanislaus’ College in Bathurst and St. Kevin’s College, Melbourne . He joined the school’s camera club, and decided that he wanted to be a photographer, rather than a priest. However, finding a job as a photographer in depression-era Australia proved difficult, and so he resumed his education at St Kevin’s in east Melbourne. While at this school he won a prize in a photographic competition run by the Melbourne newspaper, the Argus, and used the money to buy a Graflex camera used by professionals. Parer obtained an apprenticeship with Arthur Dickinson. He said later that he learnt most about photography from Dickinson and Max Dupain. He finished his apprenticeship in 1933 and, sometime later, obtained work with the director, Charles Chauvel, on the film Heritage, where he met and became friends with another up and coming filmmaker of the time, John Heyer. At the conclusion of that film, and with the help of Chauvel, he obtained work in Sydney, and so moved there in 1935. By World War II, Parer was experienced at photography and motion pictures, and was appointed as official movie photographer to the Australian Imperial Force (AIF). His first war footage was taken on HMAS Sydney after it had sunk the Italian cruiser Bartolomeo Colleoni. Soon after, he was aboard HMS Ladybird while it was bombarding the sea port of Bardia in Libya. His first experience at close quarters was during a troop advance at Derna. Parer filmed in Greece and in Syria, covering the action from aircraft, the deck of a ship and on the ground with the infantry. After Syria he travelled to Tobruk in August 1941 before covering the fighting in the Western desert. By mid-1942 Parer was in New Guinea ready to cover the fighting against the Japanese. During this phase of the war, he filmed some of his most famous sequences, some at Salamaua and, most notably, those used in Kokoda Front Line. This documentary won its producer, Ken G. Hall, an Academy Award for documentary film-making. Parer was killed by Japanese gunfire while filming a United States Marine advance in Peleliu on the island of Palau. How to cite Damien Peter Parer, Papers