I wanted to determine the percentage of water in a sample of copper sulfate. I hoped to gain a sense of understanding about the relationship between the anhydrous salt, hydrate, and the amount of water that it holds.

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  • Word count: 36
  • Level: AS and A Level
  • Subject: Business Studies
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Company law - Advise critically Alice Lau and Benson Cheung, with strategic proposal, how to structure the company and to accommodate the wishes of Alice's parents, Mark and themselves

Assignment Question 2 Alice Lau, a talented designer, and her husband, Benson Cheung, are running a small business engaged in the manufacturing and selling of electronic toys. They are seeking to expand the business and have persuaded Alice's parents to provide funds for expansion. Alice's parents do not wish to participate in the day-to-day running of the business. But they need an income from their investment and they would like to be consulted on major matters of policy and to be able to recover their capital in the future. Alice Lau and Benson Cheung wish to retain control of the business but want to give Alice's brother, Mark Lau, who works for them, greater involvement in the business. Alice and Benson have decided to form a company in which they will own the majority of shares and be directors. Advise critically Alice Lau and Benson Cheung, with strategic proposal, how to structure the company and to accommodate the wishes of Alice's parents, Mark and themselves in the short-run perspective of business development and the practical matters for administering the proposed company after incorporation within the regulatory framework of HKSAR company law. TYPES OF COMPANIES IN HONG KONG Basically, there are three types of business organization in Hong Kong. They are the sole proprietorship, partnership and limited company. However, as stated in the question, Alice and

  • Word count: 2654
  • Level: AS and A Level
  • Subject: Business Studies
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Coursework: Making a Profit

Coursework 3 Will It Make A Profit Aim: To word process a report, investigating the possibility of making a profit for my product. In order to do this I will be required to use break-even analysis. This will involve working out costs, setting prices, and producing spreadsheets and charts. All the information gathered would be used to word process a report, which will explore the possibility of making a profit. Task 1 Introduction My last piece of coursework will be based on finance. I will be investigating the cost of launching a product and the possibilities of making a profit. During my coursework I will have to buy a product and then sell it higher than the original price thus making a profit, I will have to choose a product which will be popular and high profitable. The product that I decided to choose will be a Subaru Impreza remote control car; Subaru will manufacture the cars. Each car will cost me £20. To help me work out if my product will be a success I will be using a break-even chart this will show whether my product will be a success or a failure. A break-even chart is a graph, which shows total costs and total revenues and the break-even point where total revenue equals total cost. During the research I will be writing about the pricing strategies I am going to use to sell my product. The cars will be sold in packages in the package some additional items

  • Word count: 2265
  • Level: AS and A Level
  • Subject: Business Studies
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Dear Mr P. Nut, I write with reference to your letter asking about how to set up a business in a computer repair consultancy firm.

Chris Pearson 00 Ratm street Fareham Hampshire Po69 13ut 5th November2003 Mr. P Nut 24 West Road Fareham Hampshire PO15 4YY Dear Mr P. Nut I write with reference to your letter asking about how to set up a business in a computer repair consultancy firm. I have researched about many types of business you could take up on, below are your options and reasons why you should or should not take on these types of business. Firstly there are partnerships; this is a business where you work in a group of 2 or 20 people to form a business. The good things are: More people can introduce money to the business, your partner may have a useful specialist skill for the business. If you are ill your partner can take over whilst you are away. Financial information doesn't have to be released to the public, it will also be easier to attract more people to the company. The Problems are: The money you make has to be shared between the group, you may run the risk of unlimited liability by putting your partners possessions at risk, you could disagree with other people's idea's and also could run out of money to fund the business. You would have to sign a deed of partnership which is a legal agreement signed up between the partners. Other possible routes of business are private and public limited companies. Private limited Companies This is a Ltd. (Limited) company, it's

  • Word count: 856
  • Level: AS and A Level
  • Subject: Business Studies
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For my business to be able to run safely and legally I need to look into all legal and financial aspects of my business and ensure they are bought into action in the running of the business. I also need to have a good understanding of all the legislations

For my business to be able to run safely and legally I need to look into all legal and financial aspects of my business and ensure they are bought into action in the running of the business. I also need to have a good understanding of all the legislations that need to be in place so I can understand why I need to put them into action and what may happen if these are not put in place. Some of the legal aspects I will need to consider while running my business will be: The Landlord and Tenant Act 1954 This piece of legislation gives the tenant security of tenure which means that you cannot be forced from the premises you are leasing unless the landlord can show a justified reason. If the landlord wishes to remove you to sell the premises you will be entitles to compensation. The Impact this act will have on my business This act will give me the peace of mind of knowing that I cannot be forced from the premises my business will be set up in also if the property owner wishes to sell the property while I am running the business I must be compensated for having to close/relocate my business. This also protects me from being removed from the premises without a valid reason. Electricity at Work Regulations Act 1990 This piece of legislation states that all pieces of electrical equipment in the workplace should be checked annually by a qualified electrician. In particular,

  • Word count: 2447
  • Level: AS and A Level
  • Subject: Business Studies
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I am interested in establishing a furniture business because I think I can provide goods to sell to customers and other companies at affordable prices.

Business Studies Coursework The name of my business is '???? ????' I am interested in establishing a furniture business because I think I can provide goods to sell to customers and other companies at affordable prices. My products will supply comfort and style at work or in the home. The needs and wants I am satisfying are to sell stylish, modern furniture designs (from fitted offices to tables and reception desks to storage space). I think my products will sell because each item is hand-made to individual order so the standard range can be adapted during production to suit each customer's specific requirements. The products are made from many types of wood (oak, maple, beech, ash, merbau, pine, cherry, birch etc.), veneer/lacquer, wood based boards, mdf etc. We also incorporate glass and metal into our designs. We will produce furniture such as credenzas, sideboards, bookcases, storage units, drawer pedestals, full height storage wall, open plan offices/desks, partial height screens, executive offices, conference and boardroom tables, meeting room tables, tip-top system tables, reception desks (standard/bespoke) and home offices. I will need quite a lot of capital because of all the machinery, tools, computers, a factory and offices. I need to set a Limited Liablitliy company this is because Limited liability companies, or LLCs, are becoming more and more popular, and it's

  • Word count: 732
  • Level: AS and A Level
  • Subject: Business Studies
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I am writing a business report about one medium or large size business in my case Jaguar, in this I will consider the objectives, organisation, structure, culture, and communication channels, within the business and examine how these factors interrelate

Investigating how businesses work unit 1 For my business at work project I am writing a business report about one medium or large size business in my case Jaguar, in this I will consider the objectives, organisation, structure, culture, and communication channels, within the business and examine how these factors interrelate to affect the success of the business. Jaguar was founded in 1922 Jaguar has evolved from the production of motorcycle sidecars to become one of the world's leading designers and manufacturers of premium sedans and sports cars. 1932 - 2004 Today there are 5 manufacturing sites in the UK: - * Gaydon, Warwickshire - The corporate headquarters for Land Rover and Jaguar. Jaguar acquired the site in 1977; it contains a crash testing site and a test track workshop. It is state of the art, featuring the Product Engineering Centre and Head Office, plus a number of core teams. * Browns Lane, Coventry - Is the site where Jaguar manufactures XJ and XK models. As seen in the top right of my map. * Whitley is located in Coventry; this is used as a Design and Development centre. * Castle Bromwich, Birmingham, Manufactures the Jaguar S-type and deals With the high technology for Jaguar. Halewood, Liverpool * Built in 1963

  • Word count: 510
  • Level: AS and A Level
  • Subject: Business Studies
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Identify the independence factors, that you will need to consider in order to determine whether your firm can put itself forward to act as the first auditors of Gadget limited and the measure that may be taken to resolve any perceived conflicts.

Coursework -Semester 2 2003/2004 . Identify the independence factors, and any other issues, that you and your co-partners in Ernest Peat & Co will need to consider in order to determine whether your firm can put itself forward to act as the first auditors of Gadget limited and the measure that may be taken to resolve any perceived conflicts. The purpose of an audit is to provide an 'independent Examination by an appropriately qualified person for the benefit of interested parties to whom the auditor reports to'. The principle of auditor independence is established via the Companies Act, and also an ethical code. Auditors are therefore expected to be independent of those whose work they are auditing and to whom they are reporting. There are two types of audit independence - Practitioner independence 2- Profession independence Practitioner independence: is the state of mind of the actual auditor. There are three types of independence that may determine whether independence has been put at risk. > -Programming independence - this is where auditors have the freedom to develop their own programme and the amount of work to be performed, within the overall bounds of the engagement. > -Investigative independence - this requires that no legitimate source of information to be closed to the auditor. This involves that the auditor has the freedom to examine information that the

  • Word count: 2294
  • Level: AS and A Level
  • Subject: Business Studies
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How to make the mobile disco more profitable

How to make the mobile disco more profitable Reduce Costs In the Manic Mixers business, there are two costs involved. One is the variable cost and the other is the fixed cost. If the owners were to reduce the cost they would attract much more customers and benefit with more revenue. At the moment the Manic Mixers have around three bookings be month. Each booking is charged at £85. If this price was lowered this would be another attracting factor. Alternatively if they raised the price by around £5 they would still achieve the same goal. With the extra income, more CDs could be bought. This would make £90 value for money with the new music. If there was a change in the variable cost it might solve the problem of the profit income the Manic Mixers are looking for. They could decide to reduce the charge on Petrol and light bulb breakages. This might be a disadvantage, reducing the costs, which would make the business suffer. It costs a lot to keep a business going. Reducing the variable cost for petrol they also reduce their travelling distance, losing out on customers. When the Manic Mixers travel to a venue they might have an accident. There would be a definite inflation in the variable costs. This would not help the owners Profit margin or ease the Loan repayments. The changes in making the mobile disco more profitable could look a bit like this. Revenue = Price

  • Word count: 738
  • Level: AS and A Level
  • Subject: Business Studies
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Return on Capital Employed Ratio.

Return on Capital Employed Ratio The Return on Capital Employed ratio (ROCE) will tell me how much profit I will earn from the investments the Average Capital that have been made in the company. Think of it this way: if we had a savings account with a bank and we'd been paid, say, £25 interest at the end of a year; and we had saved £500, we could work out the rate of interest we had earned: Rate of interest = Interest earned * 100 = 25 * 100 = * 100 = 00 = 5% Amount saved 500 20 20 So, we have earned 5% interest on our savings. Imagine now that instead of talking about a savings account, we were talking about a company and the profit for the year and its capital employed had been £25 and £500 respectively then the ROCE for that company would be 5% too. ROCE = Profit for the Year * 100 = 25 * 100 = * 100 = 00 = 5% Equity Shareholders' Funds 500 20 20 Did you notice that we use the Equity Shareholders' Funds instead of Capital Employed? In fact, they are different names for the same thing! We could call the ratio the Return on Shareholders' Funds (ROSF) just as easily if we wanted; but generations of accountants and students only know it as ROCE. Let's calculate the ROCE for the Carphone Warehouse now; and here are the figures we need: Carphone Warehouse 31 March 2001 25 March 2000 £'000 £'000 Profit for the financial period

  • Word count: 806
  • Level: AS and A Level
  • Subject: Business Studies
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