You have been employed as an assistant business analyst by a large multinational organisation to investigate different types and sizes of business they will have to compete with. They also would like to know how internal and external factors impact businesses. You were asked to write and submit 2,000 words Management Report to the CEO and your report should include the following: Section 1: The different types of companies and how they work. Your response should cover the following: ? Definition, characteristics and example of micro business, small business, medium size business and large size business. ? Section 2: Explanation of different companies from sole traders to cooperatives and Limited Liability Partnerships. Make sure, your response includes the following: ? Definition, characteristics and example of sole trader business, partnership, limited liability business, pub​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​lic limited liability business and Cooperative. Section 3: Different business structures and how external factors affect businesses. In this section of the report, you are required to: ? Identify different organisational structures and explain how organisational structure affects business productivity. ? Using PESTLE analysis explain how different external factors affect the performance of a business. Political, Economical, Social Technological, Legal and

Sample Solution

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The ability to create an effective team depends on many factors. Team members have to be able to recognize and accept social, educational, and cultural differences in the various team members. Members of the interprofessional team must be open-minded and ready to accept ideas from other colleagues in order to develop a dynamic and effective care team. Team leaders must be able to recognize, early on, potential disagreements and differences that may lead to conflict within the team and be able to develop strategies to overcome those problems to complete the job.

In this Discussion, you will recommend strategies for building an effective team and cultivating a collaborative culture. In addition, you will consider the attitudes and behaviors that can cause division within a team.

To prepare:

Review this week’s Required Resources.
Reflect on the problem of diversity and conflict and the positive and negative effects on the team.
BY DAY 4
Post a correctly formatted comprehensive Discussion response to the following:

Choose one strategy for building an effective team that you think is the most important. Explain why you think that strategy is most important.
Choose one strategy that you think is most important for cultivating a collaborative culture and sustaining a team. Explain why you think that strategy is most important.
Describe at least two attitudes and/or behaviors that can cause division within a team, and explain how these things can be addressed and prevented.

Sample Solution

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