The Running and Functions of a Business

The Running and Functions of a Business

For my business studies coursework we had to set up our own mini

enterprise within the school boundaries. The coursework describes how

a group of 14 girls from Chily High School for Girls got into small

groups of about 14 pupils and set up their own business. The aim of

the coursework was to help us understand how a business is run and how

it functions.

In order to raise capital for our business every member of the group

contributed a small amount of money every week. As long as they all

gave equal amounts of money they would then get an equal share of the

profits or loss's made.

The partners in the business had to understand a number of things

about running businesses, such things like the nature of marketing,

business factors, and business in its environment, internal

organisation etc. they also had to be mature responsible people who

was willing to contribute time and effort to the business.

This business report contains the following: Setting up, Business

factors, Marketing, Analysis and Evaluation.

Business Plan

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In order for our business to be successful we had to do a number of

things so that it would run smoothly. Our first few meetings played an

important part in this because they were the foundations of any

success for the future of our business. In our first meeting we

organised the role that each member of the group would play. We also

decided on the name for our group, which was quite hard to do because,

no one would agree on one name.

In our business we had we had five different departments, they were

the following:

Chairwoman (the leader)- this was the person who led the meetings;

also all the ideas were passed through her. In addition to this all

the decisions were finalised by her. We chose a person who every body

knew and they could get along with her. She also needed to be