Family theories Essay Example for Free

Family theories Essay In this answer, I am going to discuss about the conjugal relationship in modern industrial societies. This means I will assess the claim that conjugal relationships are based on equality in modern industrial societies. I plan to structure my answer from housework and childcare, power and money management. The hours worked between husband and wife become more equal by the increased participation by women in the labour market have led to more equality in modern family life. This view is highly supported by many sociologists like Young and Willmott who suggest that the family is becoming more symmetrical and therefore, is in fact becoming more egalitarian via a ‘march of progress. ’ They suggest that the family is gradually improving in terms of equality as there has been a trend away from segregated conjugal roles and more of a shift towards joint ones. This they argue is due to major social changes in that women are more financially dependant with employment opportunities and so there is less of a need to rely on extended kin. This is further explained by Gershuny who suggests that because women have these employment opportunities, they are more likely to do less domestic work. This is shown by the item as it suggests that ‘men were making more of an effort to do housework when their wives were in full-time employment. By this change of position for women, it has meant that men are now more responsible for different household tasks therefore suggesting that equality within modern family life is evident and so this view seems correct. He emphasises the change in social values as a reason for this which is also supported by Sullivan’s study (2000) which found an increase in equal division of labour. This supports Young and Willmott’s ‘march of progress’ view that conjugal roles are becoming more symmetrical; thus suggesting that the view of equal gender roles and relationships is likely. Also, due to post-modern society, there are better living conditions compared to those during industrialisation and so this has drawn the men back into the family and thus has enabled them to help with housework and childcare as well as providing leisure time; enhancing equality in relationships. The social changes have meant that equality is becoming evident and so the statement seems highly likely. However, the functionalist view of equality in modern family life has been highly criticised particularly by feminists like Ann Oakley (1974). Oakley rejects the ‘March of progress’ view described by Young and Willmott as she suggests that this is simply exaggerated as we still live in a patriarchal society where women do most of the housework. She suggested that the methodology used by Young and Willmott was hardly convincing as their questions lacked in detail. In Oakley’s research, she found only 15% of husbands had a high participation in housework, showing how the statement is flawed as this clearly does not show evidence of equality in relationships and gender roles. Despite Gershuny suggesting that paid work entitled equality for women, Oakley suggested that this was only an extension of the housewife role. Therefore, unlike Parsons claim of a ‘natural’ role, feminists argue that this was socially constructed to enforce dependence on men which became worse with industrialisation as it forced women to stay within the home. Thus, it is clear that joint conjugal roles are not as ‘joint’ as functionalists initially suggested they were as the social changes have only exacerbated the role of women suggesting this so called equality does not exist. Besides, other feminists like Elsa Ferri and Kate Smith (1996) suggest that the changed position of women in terms of employment has only created a dual burden as they now have to undertake paid work as well as the unpaid housewife role. Ferri and Smith suggest that unlike Gershuny, increased employment has had little impact of the domestic labour as fewer than 4% of families had a father responsible for childcare. Therefore, women still remain responsible for the children as well as their employment responsibility; clearly suggesting that modern family life is not as equal as it seems. The dual burden is also supported by Dunscombe and Marsden’s theory of a triple burden in that women are expected to do the double shift of housework and paid work but also the caring of the emotional welfare of the family. This clearly disputes Gershuny’s idea that women are more equal due to employment as the triple burden means that they in fact gain more responsibilities than losing them. Next, feminists ‘point to inequalities of power and control that persist in modern family relationships’ as a key reason for inequality; again challenging the statement. Allan suggests that ideological factors limit women’s power in that they are ‘disadvantaged from the start. ’ This suggests that the family is always going to be founded on inequality; thus suggesting that the view of equality is limited. This is supported by Barrett and McIntosh who suggest that men gain far more from women’s domestic work than they give in financial support and that in turn this support often comes with ‘strings’ attached. Also, men are usually the ones who make decisions about finances despite some families being dual-earners. This is due to the fact that women are statistically still paid on average less than men; enhancing male economic power. Therefore you can question the extent of equality in modern family life. Resources are also said to be shared unequally like Kempson’s (1994) study among low-income families. This leaves women in poverty and so restricts their power in the family which creates an atmosphere of inequality in conjugal relationships. This is further explained by feminists Pahl and Vogler (1993) who focused on the effects of decision making within the family through ideas like ‘pooling’ and ‘allowance systems. They found a 31% increase in pooling where both partners have joint decision responsibility as well as a decline in allowance systems. However, it was still evident that men usually made huge financial decisions. Edgell also supports this as the levels of decision making are not equal due to the male economic power that still exists. Therefore, women have less say in the decisions and thus it is obvious that the view that gender roles and relationships are becoming more equal is incorrect as inequality in pay and decisions still exist. Similarly, this inequality of power has led to domestic violence which clearly shows how inequality is evident in that relationships are being gender dominated. Radical feminists like Millett and Firestone (1970) use domestic violence as a way to show that society is primarily founded on patriarchy and that men oppress and exploit women. They suggest that the inequality of power within the family maintains men’s power and so domestic violence is inevitable. Similarly, Dobash and Dobash suggest that marriage legitimises violence against women as it provides the male with power and the women with dependency, therefore evidently showing no signs of equality. Thus, this disputes the statement of gender roles and relationships becoming more equal with 1 in 4 women being assaulted in their lifetime according to Mirrlees-Black. Finally, childcare which is essentially about exercising responsibility for another person who is not fully responsible for herself and it entails seeing to all aspects of the child’s security and well-being, her growth and development at any and all times. Mary Boulton ( 1983 ) argues the exaggeration in the extent of men’s involvement in childcare and she denies that questions about who does what give a true picture of conjugal roles. She also claims that although men might help with particular tasks, it is their wives who retain primary responsibility for children. It is the wives who relegate non-domestic aspects of their lives to a low priority. This shows that there is still inequality in terms of childcare in conjugal relationships. In addition, Elsa Ferri and Kate Smith provide some empirical support for Boulton by conducting a study based on National Child Development Survey. The survey found it was still very rare for fathers to take primary responsibility for childcare. In both the sample of mothers and the sample of fathers it was very rare in dual-earner families, no-earner families or families where only the mother worked, for the man to be normally responsible for the children or to look after them when they were ill. In almost every category the man was the main carer in 4 percent or less of families. This is also supported by the radical feminist idea of ‘gender scripts’ in that there are expected norms in terms of gender roles and so patriarchal relationships are inevitable. Therefore, they suggest that equality without burdens will only be reached through same-sex relationships as this eliminates the ‘gender script’ idea. Thus, this enhances the inequality of the family, and suggests that the view that conjugal relationships are becoming more equal is in fact incorrect as the inevitability of patriarchal relationships means that equality cannot be established. In conclusion, I have discussed and assessed the view that conjugal relationships are based on equality in modern industrial societies by evaluating three sections which are hours worked, power and childcare. With all of the statement, I believe that conjugal relationships in modern industrial societies are not based on equality.

How The Web :: essays research papers

The internet is a great invention because it makes things a great deal easier for us nowadays. It is also helpful in many ways, especially, in the way of convenience. Rather than go somewhere to pay your bills, you can just do it online with a credit card. You can also check your bank statements and find out where you stand financially. These are example of good ways that the internet helps out in the world. I would have to agree with David Rothenberg when he says that the web is ruining student’s research papers. If I was a collage professor and I were to see that all of my student’s papers seemed so fake, I would be devastated. When the internet is abused to the point where it is used for just anything will affect the loss of originality, laziness, and students reading less.   Ã‚  Ã‚  Ã‚  Ã‚  While students are in collage, they do many research papers on certain topics. Most of them dread doing these kinds of papers because the numbers of pages are high. They are also time consuming and that is a big issue to a student because we all have our own lives, most of us, as we know, never have much time to spend on just a paper. So, most of the students in college try to do the easiest thing, like resort to just the internet. There is a very important term that is used in college a lot, that term is called Plagiarism. If any student turns in a paper that is plagiarized, they are kicked out of that college and given a large fine. The internet plays a big role on this word. So many people are victims of plagiarism because they only use the internet and forget about using other sources like encyclopedias, books, and newspapers. Back then, it wasn’t a problem, but nowadays people just what to do things the easy way.   Ã‚  Ã‚  Ã‚  Ã‚  Secondly, since the internet is revolved around everything we do, students have now become lazy. Most of the world advertises that school assignments must be revolved around computers; even librarians say this as well. The more our technology develops in this world, the easier everything becomes. Nowadays, it’s about what makes your life easier and more convenient and I think there should be a change. On the internet there are so many short-cuts. Instead of reading carefully, and synthesizing, we do cut and paste, change the font size, and readjust the margins.

6 Drivers in Relationship Selling of the Coca-Cola Company

Study the critical 1. Introduction Accompanying with the increasing of global economy, the enterprise has created many new opportunities in the new economic situation. Market is developing and changing rapidly. As the competition increases, products and services become more indistinguishable, and markets become established, it is becoming increasingly tougher for companies in retailing industries to distinguish themselves from other stores. Simply offering customers with technical solutions to problems do not be sufficient anymore to be competitive and obtain and retain market share (Omar et. l 2009). As the expansion of the new product’s brand, the new form of marketing is emerging. Customer’s standard of demands to the products and service also increase to higher levels. The traditional strategy of selling and sales management of many companies faces increasing challenge to meet the high demand customers, therefore, cannot continue the success. The Coca-Cola Company, although with a long history company, can still occupy the first position in the soft drink companies around the world. Coca-cola has 125 years long term history. This is an iconic brand and the company that bears its name.From humble beginnings 125 years ago, the Company has evolved from one product of Coca-Cola to more than 500 brands in 2011. They have grown from selling a modest 9 drinks a day in 1886 to 1. 7 billion a day. And the brand has expanded from one city in one country to availability in more than 200 countries around the world. With the above fascinating phenomenon, the questions emerged: how can the company achieve and keep so huge success and what is the selling and sales management that Coca-Cola Company applied to support such kind of success?To answer these questions, in this essay, we are going to explore the six critical drivers of the selling and sales management that the company adopt to achieve the success. The drivers are shown as follows and will be descri bed orderly and specifically. (1) building long-term relationships with customers; (2) creating sales organizational forms that are more nimble and adaptable to the needs of direct customer groups; (3) gaining greater job ownership and commitment from salespeople by removing functional barriers within the organization and leveraging the team experience; (4) shifting sales management style from ommanding to coaching; (5) leveraging available technology for sales success; and (6) better-integrating salesperson performance evaluation to incorporate the full range of activities and outcomes relevant within sales jobs today. 2. Content 2. 1 Building long-term relationships with customers Building long-term relationship with customer plays a very important role in marketing. It includes assessing customer value and focusing on high-priority customers, it bring customers and their brands closer together and give customers a direct engagement with the company, it helps company going more an d more better in long-term future[1].The company’s long-term success requires a good relationship between company and their customers. As competition deepens, companies are putting customer relationship as important position, most of them are already seeing the benefits; they’re attracting and harvesting customers and generating profit. Coca Cola, no matter how it seems as a stereotype is an amazing example of creating people’s emotional connection with brand. How does coca-cola company lock in long-term relationships that benefit both salesperson and customer? The section discussed detailed.Achieving brand reinvention considered The success of Coca-Cola is much attributed to its branding. Since 1866, the companied applied all kinds of strategies to advertise the brand. After achieving impressive brand loyalty by the constant reinvention of the brand and focus on improving the brand, Coca-Cola is no doubt one of the most famous soft drinks in the world [2]. Focu s on consumer sophistication The Coca-Cola’s brand strategy requires focus on changing market conditions and realities of consumer sophistication to reshape the brand.In the early years, the company hoped the brand available, affordable and acceptable to build that is instantly recognizable and popular in the minds of customer. Over the years, it reinforced their strategies to accommodate the new demand of consumers, focused Coca-Cola on building the brand identity by providing a value for the price differentiation in order to meet preferences of consumers and ubiquitous penetration. Nowadays, Coca-Cola grows to a company with strong brand identity and brand image among testing at least 20 brands n a monthly basis with a sample of 4000 consumers. Evaluation of consumer response Also, the company insistently evaluates the response of consumers to its brands in order to assess the perception of customer and the thoughts of consumers towards their products. Consumers relate to b rands with specific symbols and promises to be fulfilled. Reaching a strategic consensus Another important factor of branding strategies for Coca-Cola is that strong brands make great sales and increase revenues.However, Coca-Cola further the strategy by building a brand that has the sales by attracting and retaining the best long term human capital and investment in labor relations and customer relationship management to increase taken. This has to reach the company not only to a strategic consensus and alignment at all organizational levels, but also allows trigger positive feelings in the minds of consumers. Brand loyalty building The strong brand image is closed related to brand loyalty. The more the demand of customers’ are satisfied, the more consumers accept the brand.It also means the image of Coca-Cola, which is stimulated by advertising campaigns and strategies for effective marketing. And the customer loyalty will be consolidated by increasing the needs of customer s and the customer satisfaction. 2. 2. Creating sales organizational structures that are more nimble and adaptable to the needs of different customer groups Coca-cola is the famous and big company. So the product and the sales organization structure are strongly responding the needs of different customer groups. Each part of structure have mission of the boss set out, the mission is take care of groups which be in charged.And the different customers groups want to mention are reseller and whole seller. | Pros| Cons| Whole seller| -The price is the reasonable -The quantity is enormous -Long term stock | -Inconvenient to use immediately -Hard to bring along -Have few promotion| Reseller| -Can find product every where -Convenient to enjoy immediately-Can choose state of product. It’s mean you can choose cold or not. -Easy to bring along-A lot of promotion| -The price is higher than whole seller so cannot buy enormous-Do  not  market competition  so  compete in regional( it’s mean standards of living that region) |Coca-cola on each day has more and more product to reduce their cons. So coca-cola always know how to flexible with different customers groups by creating product suitable for customer. Supports to different customers groups, coca-cola have kind of product help for sale. For example in Singapore, coca-cola have a lot of kind of product, coca-cola know the people who live in Singapore like tea, fruit and soft drink †¦ So coca-cola have the product suitable for this. Soft drink: can service for everyone, with especially for teenager, with the special formula and perennial brand coca-cola can persuade people use their product.Beside coca-cola– the main product they have Sprite, Fanta, coca-cola light †¦ Tea: for people who don’t want to drink soft drink because soft drink can make their fat †¦ and some people who live in Singapore like to drink tea, especially is elderly. So coca-cola knows it and they crea te this product with a lot of flavor to choose. The product is Heaven and Earth Fruit: For people, who care about their health, especially is woman . The product is Minute Maid Pulpy. With each product coca-cola have many designs with many service size.They have can, small bottle, big bottle, glass bottle, paper box, big steel container (it has just serve for restaurant, cinema, especially for fast-food restaurant). This serves for everywhere, every customer with different hobbies. Base on it. Coca-cola can create big sales. With each customer, coca-cola organization explores how to get satisfied of them 2. 3. Gaining greater job ownership and commitment from salespeople The big company like Coca-Cola always know how to treat the employees, especially is salespeople. Because the salespeople are important part of company, they help company to sell all of product.And Coca-Cola-the big company always treat their properly. Company always has the award for good sales to motivate their em ployees. Examples are they have a value award for best seller or they have the award for all of employees who get the limit of selling will have the award. Along with it, Coca-Cola empowers their staff. Coca-Cola equip staff with knowledge, skills and tools necessary so they cannot just do his job well, but can also handle tasks outside their scope, especially issues related to customer requirements.When employees are empowered, they do not find people with high authority in the company, that they will actively address the issues arising. They will have the freedom to act and take responsibility for results. When they have mistake, they also actively seek ways to overcome. Coca-Cola cut down procedures to prevent employees think and act like an owner. Often, when not satisfied, customers are requested to meet with business owners and top managers. But in the end customer would not achieve better than what the staff had explained earlier. Why it takes time for this?And Coca-Cola has told employees that they must address the job as being a business owner. When trust in the staff, Coca-Cola will give them the confidence and that will significantly improve the results of their work. But to the employees actually work proactively solve, Coca-Cola has improved processes and procedures and facilitate the subordinates can make decisions more and more important work their daily†¦ The staff needs to be updated in time to the things going on in the company. There is nothing worse than an employee about to hear a client say that their company is surprised.Remember that the lower-level employees are the ones who directly meet most customers. They need to have all the information needed to communicate with customers†¦ Employees who know best what customers like and what's not happy. When the power advantage of the wisdom of employees, Company business can operate and give customers what they really want. This process itself will make employees feel respected, appr eciated and is an important member in the organization. So employees must commit with company. They must introduce about product of Coca-Cola and do the job with their best ability.And along with it they will help company to get their aim. 2. 4. Shifting sales management style from commanding to coaching In the development of the world, the market trading gave some new demands for business who want to succeed. In any organization, sale manager plays a crucial role. So what is sale manager? – That means â€Å"you’re a manager of people† [3]. In facts, each leader will choose one management style for them to adapt many factors and achieve the goals of the business. The first thing, we will analyze two main sale management styles: commanding and coaching.What is commanding style? It means the imposition leader’s ideas on the collective. They often take themselves as a measure of the value. In this style, the sale management tells many employees what he wants them to do and how they must do it without getting any advice. It often makes employees feel managers don’t understand their innermost feelings and aspiration. The staffs aren’t interested in giving their ideas to improve business and the result is that the company was missed profuse opinions from the employees.But in the current market, sale managers need to create an environment that it allows salespeople to use their talents and their abilities to successfully secure, or put another way is build and maintain consumers relationship. So for selling to change, management of salespeople must also change accordingly. And one of the most important and often most neglected, a half of responsibility of the sale management is coaching reps. Here we need to understand what coaching is. It is the working process between sale manager and salespeople on a day-to-day basis to improve their performance.If a perfect manager, he will constantly coach and give feedback to the people who report to them directly and indirectly to help them improve, grow up strategies†¦Moreover, he must try to find out how to motivate their salespeople and direct their employees that which one is right or wrong. Katherine Twells who is a vice president of the Coca-Cola company, said that â€Å"Leadership is an art that you work on daily† [4]. Coca Cola affirms that â€Å"Organization is a great place to work where people are inspired to be the best they can be† [5].With this vision, they always create opportunities to encourage their staffs to develop themselves and increase their knowledge and competencies. Moreover, CCL (Coca – Cola Icecek A. S) provides fundamental training programs based on a staff’s position. It includes internal training, external training and online training, or E-learning [6]. Sales coaching can receive better results in the business. It supplies achievement, fulfillment and joy from which both the individual and organizat ion benefit. In a study by the Sales Executive Council recognizes the importance of coaching; sales organizations achieve 107% of target.You can see on the chart: [7] 2. 5. Leveraging for sales success Nowadays, salespeople use a lot of technological tools at their disposal than ever before. Clearly, technology systems bear a viral importance for management of the business. Actually, Coca Cola is a big company. So they always found on information technology networks and systems, including the Internet, to process, transmit and store electronic information, and to manage or support a variety of business processes and activities, including procurement and supply chain, manufacturing, distribution and invoicing and collection of payments.Thanks to the Distribution System Software implemented in 2007, organization could cover the sales of 97% of the sales of the sales of 260,000 CCL customers through BASIS with 250 of distributors [8]. Customers can order by portable handheld devices. T hese devices will show update records for sales staff such as: on the visited sales out lets, equipment, accounts, and the shipment for the sales outlets†¦After analyze consumer behavior of customers; Coca Cola will revise their products, pricing, packaging, and distribution strategies to bring better quality.It helps them know how salespeople plan their days, how they contact customers, how they manage all of the information they must know, and so on. In facts, if information technology systems suffer demand such as shutdown or disruption without resolve immediately, the organization will have a big lose about revenue and profit as a result of distribute, invoice, or create slowly in reporting financial. 2. 6. Evaluating salesperson performance more accurately Basically, salesperson evaluation is the comparison of salesperson's objectives with the results they achieved.The evaluation process begins with the settings of the objectives which may be: * financial such as sales rev enue, profit and expenses, * market-oriented such as market share, or * customer oriented such as customer satisfaction and service levels. Then, the sales strategy must be decided to show how the objectives are to be achieved. Also performance standards should be set for the company, regions, products, salespeople and accounts. Results are then measured and compared with performance standards.Reasons for differences are assessed, than action will be taken to improve the performance. The results of performance review can be used to answer a number of important problems such as: * Performance review have important role for developing the motivation. * Performance review of salesperson is the foundation for improvement quality of sales process. * Performance review of salesperson is the condition for the training of the organization. * System of performance evaluation is very necessary to creating the system of compensation. Planning and improvement the human resources depend on syste m that measures performances. * Performance review of salesperson support the implementation of strategic approach of organization. That’s why evaluation of salespersons becomes one of the key activities of sales management in a company. In coca – cola, every salesperson’s evaluation is done on quarterly basis. And based on the evaluation, the company will consider whether or not to promote the people to the higher levels of the organization is the best decision to make.So this evaluation also motivates salespeople to work hard and get the promotion or at least the monetary rewards, which are given not only to the best salesman but the best market developer and the best sales manager of the year. Their performance is evaluated on the basis of performance development plan. Performance is measured on the basis of achievement of the targets, which are set and communicated at the very beginning of the year to each sales manager, each quarter to every market develope r and every month to each salesperson.This performance development plan evaluates the sales people on the basis of call slips, Route call, Call completion, Effective and productive call, attendance, growth in sales, market development and the punctuality of the salesman. 3. Conclusion The Coca-Cola Company, although with a long history company, can still occupy the first position in the soft drink companies around the world because the company adopts to achieve the success. The drivers are shown as follows: Building long-term relationships with customers; they go all out to achieve brand loyalty, they focus on consumer sophistication (by accommodating their consumer's new demands), evaluate the response of their consumer, reaching a strategic consensus, and building a strong positive brand image. * Creating sales organizational forms that are more nimble and adaptable to the needs of direct customer groups; they create a more flexible organizational forms. Gaining greater job owners hip and commitment from salespeople by removing functional barriers within the organization and leveraging the team experience; they treat their employees well, keep them happy so they can do things right. * Shifting sales management style from commanding to coaching; so their employee can do the right thing (not just do things right). * Leveraging available technology for sales success; they adapt with technology development and use those things for the sake of their company. Better-integrating salesperson performance evaluation to incorporate the full range of activities and outcomes relevant within sales jobs today; they evaluate their salesperson more accurately so they can keep (or promote) the good salesperson and kick (or demote) the bad ones, which makes every penny they spend on their salesperson gives a far greater gain for the company. 4. References 1. Omar MW, Jusoff K, Ali MNM. 2009. Salesperson Professional Selling and the Effect on Buyer and Salesperson Relationship. International Journal of Business and Management. 4:43-45. 2. http://www. wildwestprisons. om/the-key-to-the-success-of-coca-cola/ (Accessed: 21 November 2011) 3. John F. Tanner JK, Earl D. Honeycutt JR and Robert C. Erffmeyer (2009, p. 4) Introduction to sales management. 4. John F. Tanner JR, Earl D. Honeycutt JR and Robert C. Erffmeyer (2009, p. 220) Supervising, managing, and leading salespeople individually and in teams. 5. Mission, Vision ; Values http://www. thecoca-colacompany. com/ourcompany/mission_vision_values. html (Accessed:22 November 2011) 6. Coca-Cola Jcecek Corporate Social Responsibility Report (March 2008-Marchi 2009) Available at: http://www. hecoca-colacompany. com/citizenship/pdf/sustainability_reports/2008-2009_icecek. pdf (Accessed: 22 November 2011). 7. Sales Force Effectiveness Blog – Sales Process: How Managers become Coaches (Posted by John Kenney on Sat, Sep17, 2011) http://www. salesbenchmarkindex. com/bid/66659/Sales-Process-How-Managers-Become -Coaches (Accessed: 22 November 2011). 8. (Coca-Cola Icecek Corporate Social Responsibility Report (Turkey January 2007 – March 2008)http://www. thecocacolacompany. com/citizenship/pdf/cci_csr2007. pdf (Accessed: 22 November 2011).

Being A Small Business Owner - 932 Words

Being a small business owner, the success of my business relies very heavily on my employees’ behavior as well as their performance. Since opening my business, it has been a struggle to keep the balance between loosey-goosey and overbearing manager. There must be a proper balance to ensure that the employees are performing where I need them to be but also encourage them to continue to grow with the company as well as, make our customers happy with our service to maintain long standing relationships. Along the way, I have learned that there does need to be a standard practiced by management to keep employees motivated and that their actions are in-line with the company’s values. In my business, I have learned that one thing that turns things around is to use discipline to encourage ethical behavior and performance. I do not have the ability to watch over my employees every move to ensure that everything is being done properly; they have a lot of freedom and with that freedom comes a lot of trials and errors that need to be addressed to prevent problems from growing out of control. When I first started by business, the idea of punishment was something I didn’t want to consider, I wanted to be everyone’s friend. 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It’s safe to say that â€Å"business† for the first 100 years of founding our country was small business. 90 percent of Americans had fewer than 20 employees, but the businesses in America had almost no choice but to be a small business, due to lack in transportation, marketing, and banks weren’t big enough to support big businesses at the moment. Americans though preferredRead MoreCorporate Governance Practices Of Small Businesses1272 Words   |  6 Pagesgovernance practices of small businesses in Australia? Compare and evaluate the role of owners and managers. Business is an economic activity, which is associated with systematic production and allocation of goods and services that gives better satisfaction for human being. Generally, business play the major role to develop the social and economic condition of Australia. 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It said that small businesses contribute to growth and vitality in the specific area of the United States economic development. Small businesses play a huge role in how the business world is shaped. Entrepreneurs are smart, creative and innovative however, those same entrepreneurs need to have some knowledge that the study of microeconomics focuses on. With the studyRead MoreBusiness Analysis : Sole Trader1056 Words   |  5 Pagesportray any business that is owned and managed by a single person, although sole traders employ employees. The owner is normally the person that is liable for the businesses decisions - The firms are generally small and in most circumstances is easy to setup. - Sole Traders normally only require a small amount of capital to be invested and this reduces the initial start-up cost. - Monthly wages are often low as there is only a few or no employees. - This type of business is easier to