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1. Business Description of the Company

1. Business Description of the Company. Legal name and location of the company Brief description of the background of all owners Description of the company’s product/services, potential customers, and competition. Production Activities. What is needed for you to produce your goods/services?

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1. Business Description of the Company

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  1. 1. Business Description of the Company • Legal name and location of the company • Brief description of the background of all owners • Description of the company’s product/services, potential customers, and competition

  2. Production Activities • What is needed for you to produce your goods/services? • Factories, office space, material, freezers…. • What production methods will you use? • Hand sewn, production lines, mass production… • Already made…what about storage?

  3. Human Resource Activities • “…involves activities needed to obtain, train, and retain qualified employees” • How many employees will you have? • How is authority distributed in your company?

  4. Sample Organizational Chart Word: Insert, Smart Art ~ Hierarchy

  5. To do: • Complete Office Layout to help verify your furniture expenses (under Capital Equip. section) • Need to Create: Organizational Chart Diagram • Goal: finish Item #5 ~ production activities; begin Human Resources Section • Read pgs 240 -241

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