Homework PD1 1.1 Business Organization & Environment (The Role of Business)
HOMEWORK
DP YEAR 1 BUSINESS MANAGEMENT
The role of business DP1-04-09-2017
Deadline: 05/09/17
Identify 2 local companies.
- Determine what´s the core business of each company?
- What product or service does each company provide? Explain it as if your teacher was an alien from outer space.
- Describe each company´s production process. INPUTS (be explicit about the resources used), PROCESS (explain how inputs are transformed), OUTPUTS (list what the company offers to the customers).
- What type of product or service does each company offer? (consumer good/capital good/service). If it´s a consumer good, what kind of good (durable or non-durable)?
- Who does each company sell its products or services to? (B2C or B2B)
- How does each company add value to its inputs? What is so special about the good or service it sells?
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