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UNDERSTANDING
BUSINESS
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FORM OF BUSINESS OWNERSHIP
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TUTORIAL FOCUS
COMPREHENSIVE QUESTIONS
CHAPTER’S OVERVIEW
OPENED BOOK QUIZ
DISCUSSING ACTIVITIES
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Intranets, Extranets,and Private ExchangesOPENED BOOK QUIZ
(GROUP)What are the basic forms of business ownership? Please list down all the three main forms and show the main different between them. What are the paths to business ownership? What are the sources of business idea? Please demonstrate your answer to these two questions.Compare the differences between unlimited and limited liability? What kind of business are allowed to operate such a form of unlimited liability in Cambodia? Why? What are the differences between joint venture, merger, and acquisition? Explain the three major types of merger with business examples in Khmer.What is franchise? How many types of franchise? Please explain the advantages and disadvantages of franchise.
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OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS 5432
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KNOWLEDGE SHARING ACTIVITIES
OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS
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Questions & Comments???
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PARITICIPATION!!!
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BASIC FORM OF BUSINESS OWNERSHIP
FORM OF OWNERSHIP
Sole Trader
Proprietorship
Partnership
General partnership
Limited partnership
Master Limited Partnership
Corporation
Private Limited company
Public limited company
OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS
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1. Starting a new business
2. Buying an existing business3. Franchising a business
PATHS TO BUSINESS OWNERSHIP
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4. Inheriting a business(Reluctant person or lucky enough)
5. Hiring to be the professional manager
PATHS TO BUSINESS OWNERSHIP
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SOURCES OF BUSINESS IDEA
The traditional business school
The family business school
The corporate business school
The business school of the streets
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The Traditional Business Schools
SOURCES OF BUSINESS IDEA
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The Family Business Schools
SOURCES OF BUSINESS IDEA
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The Corporate Business Schools
SOURCES OF BUSINESS IDEA
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The Business School of the Streets
SOURCES OF BUSINESS IDEA
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DIFFERENCES BETWEEN LIMITED AND UNLIMITED
LIABILITYLIMITED LIABILITY: The responsibility of a business's owners for losses only up to the amount they invest; limited partners and shareholders have limited liability.
UNLIMITED LIABILITY: The responsibility of business owners for all of the debts of the business
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OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS
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DIFFERENCES OF JOINT VENTURE, ACQUISITION, AND
MERGERJOINT VENTURE:
MERGER: The result of two firms forming one company.ACQUISITION: One company's purchase of the property and obligations of another company.
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OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS
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TYPES OF MERGER
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OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS
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Primary/Related Industry
Concentricdiversification
Supplychain
DistributionChannels
VerticalIntegration
VerticalIntegration
Concentration
UnrelatedIndustry Conglomerate
diversification
CORPERATE STRATEGY
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WHAT IS FRANCHISE?
• FRANCHISE: The right to use a specific business's name and sell its products or services in a given territory.
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OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS
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HOW MANY TYPES OF FRANCHISE?
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Trade name Product distribution Pure (Business format)OUTLIN
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HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
MN109
UNDERSTANDING
BUSINESS
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WHAT ARE THE ADVANTAGES OF
FRANCHISE?• Management and marketing
assistance• Personal ownership• Nationally recognized name• Financial advice and assistance• Lower failure rate• Standardized quality of goods and
services• Site selection and territorial
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OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
ENB201
introductionTO BUSINESS
CONCEPT
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WHAT ARE THE DISADVANTAGES OF FRANCHISSE?
• Large start-up costs• Shared profit• Management regulations• Coattail effects• Restrictions on selling• Fraudulent franchisers
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OUTLINE
HOME
DISCUSSINGQUESTION
CASE STUDY
SUMMARY
ENB201
introductionTO BUSINESS
CONCEPT