The business that I am choosing to write about is a small convenience store located across the street from my children’s school. It is owned and operated by a very pleasant Indian couple. It is located in a remote area where there are very few businesses in close proximity. This store offers a variety of products and prepared foods.
The three main components of the business system that comprises this particular business are as follows: Business as Commerce – They give money in exchange for the products they need to fill their store. In this case, the owners will look for sales at other stores, and then purchase them to sell in their store. They are making a profit from their trade because it is increasing their utility. Business as an Occupation – In order for them to increase their profit they would need to specialize in food service and preparation, customer service, and modern technologies.
In other words, they had to learn how to make and present the foods that they offer, they had to learn how to communicate appropriately with their customers, and learn how to gain access to and operate new machines to make a greater profit. Business as an Organization – For the time being, this particular business is owned and operated by just two people. If sometime in the future they would decide to combine their talents and resources with other people, they will be able to pursue new opportunities and reduce transaction costs and increase their profitability.
Sorry, but copying text is forbidden on this website. If you need this or any other sample, we can send it to you via email.
Please, specify your valid email address
Topic: Business Models and Systems
We can't stand spam as much as you doNo, thank’s. I prefer suffering on my own.
Remember that this is just a sample essay and since it might not be original, we do not recommend to submit it. However, we might edit this sample to provide you with a plagiarism-free paperEdit this sample
Courtney from Study Moose
Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/3TYhaX