November 2012-insert-22
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This document contains information about KK Cars, a sole proprietor taxi business owned by Trunal. It includes details about KK Cars' current customers and operations. It also provides two options from a government advisor for how Trunal could expand the business - offering luxury car services for special events or purchasing additional taxis focused on airport transportation. Financial details such as costs and potential revenues are included to help Trunal evaluate the options.
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FROM: Alicia Laster
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In light of recent events and proposals, I would wish to address all board members on the matter of this organization investing in the taxi business. As you saw in my analysis, the taxi business is a very profitable business which we need to start to increase funds in our organization. If we start the business, we will increase income levels in our company and create more employment or the population. With the money we get from the taxis, we will increase our organization's strength and capital levels hence we can undertake even more huge investments. The organization will grow to noticeable heights internationally. This is the breakthrough this organization has been yearning for a long time.
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MEMO
TO: All Board Members
FROM: Alicia Laster
DATE: 24/03/2017
RE: Investment into the Taxi Business
In light of recent events and proposals, I would wish to address all board members on the matter of this organization investing in the taxi business. As you saw in my analysis, the taxi business is a very profitable business which we need to start to increase funds in our organization. If we start the business, we will increase income levels in our company and create more employment or the population. With the money we get from the taxis, we will increase our organization's strength and capital levels hence we can undertake even more huge investments. The organization will grow to noticeable heights internationally. This is the breakthrough this organization has been yearning for a long time.
If we embark on this project, we will be able to fund other major projects since the taxi project requires less capital but the yields will be very high. The taxi business will make more money than any other project this organization has worked on. All members should support this project since its benefits will grow the organization.
Reasons why we should support the taxi business and fund it is that it will drastically make a lot of revenue for the company. It will also publicize the company and attract investors to fund and do business with this organization. There is less competition in the taxi business compared to other businesses. The risk is also reduced since all taxis will be insured and equipped with gps tracking to avoid theft and losses. The government through insurance compensates taxi owners after an accident hence risk on vehicle is greatly reduced. I have done enough research and I can assure you that taxi business is lucrative. Around our organization, there are barely any taxis and the population is very high. We can take advantage of this and net the market around us. This will be a good heads start. I request that all board members forward a list of their thoughts on the issue.
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Introduction
To a great extent in view of their daily accessibility and ability to give fast reliable benefit, cabs are a vital supplement to customary planned services given by different types of common transport. Cab administrations are especially significant to less versatile gatherings in the group, for example, elderly and handicapped individuals.
It is essential that such administrations are proficiently given, address clients' issues and are fittingly estimated. There have been long-standing worries that these targets would not be satisfied without government intercession. Thus, governments in Australia, and in numerous different nations, have customarily firmly controlled the arrangement of taxi (and contract car) services.
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Cab services are one of only a handful couple of enterprises in Australia that the value, th.
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Gunjan Tours and Travels was established in 2010 in New Delhi to provide excellent transport services. It has grown significantly due to its high quality services and professionalism. The company owns 10 cars and operates a fleet of 300+ vehicles. It aims to prioritize customer interests through quality service, respect, integrity and teamwork. Services include renting cars, business transport solutions, airport transfers, and event organizing. The company ensures driver qualifications, vehicle compliance, and GPS tracking for safety. It has a variety of clients in the technology, staffing and other industries.
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Ejercicios t3
Patel fashion is a retail business with 15 sales staff working in the shop and 5 more in the offices, overseen by one shop manager. Employees regularly leave, forcing the manager to spend much time interviewing replacements. The manager wishes employees would stop leaving so often.
Ejercicios t2
This document provides a list of 10 questions for a business exam covering topics such as drawbacks of wholesalers, methods of transportation, stages of the product life cycle, the role of packaging, aims of promotion, methods of primary research, price skimming, uses of secondary research, distribution channels, and how market price is determined. Students are to answer each question in detail, providing examples where applicable.
Ejercicios t1
In a command economy, all production resources and means of production are owned by the state. The government makes decisions about what, how much, and for whom to produce. These are also called planned economies, where only the public sector exists. The main advantages are eliminating wasteful production and allowing for equal distribution of income and wealth. However, there is less competition and consumer choice as most decisions are made by the government. Limited liability makes it easier for companies to attract new shareholders by reducing personal financial risk for investors. Some reasons a sole trader might want to become a limited company include limited liability, continuity of the business, and the ability to raise capital by selling shares.
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Business s3 plan de trabajo - dic 2019
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0450 s14 qp_11
Anouk runs a sole proprietorship making and selling jewelry. She uses rented equipment and sells at local markets. Last year sales increased by $500 to $3000. She plans to spend $50 on marketing and do primary research. Some disadvantages of a business partner include conflict and shared responsibility. Local newspaper advertising is recommended over leaflets to promote her jewelry due to lower cost and ability to reach more potential customers.
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November 2012-insert-22
- 1. This document consists of 3 printed pages and 1 blank page. DC (CW/SW) 49283/3 © UCLES 2012 [Turn over UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS International General Certificate of Secondary Education BUSINESS STUDIES 0450/22 Paper 2 October/November 2012 INSERT 1 hour 45 minutes READ THESE INSTRUCTIONS FIRST This Insert contains the case study material. Anything the candidate writes on this Insert will not be marked.
- 2. 2 0450/22/INSERT/O/N/12© UCLES 2012 KK Cars KK Cars is a sole trader taxi business owned by Trunal. He set up the business two years ago after he moved to New City in country X and could not find a job. His taxi service usually has three types of customer: • private customers who are local people without a car • tourists who are visitors to the city • businesses wanting documents (letters) delivered quickly. Trunal’s business made a slow start with very low profits. However, last year the business became well known for being reliable. The number of customers has increased and Trunal’s taxi is now always fully booked. There are many other small taxi firms in New City and it is a very competitive market. Trunal has written for advice from a Government business advisor about how to expand his business. Appendix 1 Information about the types of customers for KK Cars Type of customer Price of average journey Average number of journeys per day Variable cost per journey Information about demand Private customers $10 40 $ 5 Mainly at weekends Tourists $20 30 $10 Seasonal Businesses $30 15 $15 During business hours The fixed costs for the taxi are $20 per day. Appendix 2 Email from one of Trunal’s business customers To: Trunal@gotmail.com From: Derrick@gotmail.com Dear Trunal I have a very large parcel that must be delivered to someone across the other side of the city. It is urgent and must be delivered by a certain time. Can you deliver this parcel for me today and what will the price be? Do you use cars to deliver parcels or do you have scooters or other two-wheeled vehicles? I need a reply as soon as possible. Derrick
- 3. 3 0450/22/INSERT/O/N/12© UCLES 2012 Appendix 3 Extract of a letter from a Government business advisor to Trunal Dear Trunal In reply to your letter dated 15 October, I have two suggestions about how you could expand your business by making it different to your current taxi services. The two options are as follows. Option 1: large luxury car See the advertisement below from a business in a nearby city. This could be the ideal way for you to expand your business. The luxury car could be used for birthday parties, weddings and other events. You could charge the same price as in the advert below and the variable costs are estimated to be $40 per journey. To lease the luxury car will cost $200 per day. You may also need to spend money on advertising. Estimated bookings are 6 per day. However, this is likely to be much higher or lower at different times of the year.You need to work out the break-even number of journeys per day. Make your special celebration even more special. Hire our luxury car for only $80 per journey. The car can transport up to 14 people. Option 2: airport taxi service for business people Expand your existing taxi business but use additional taxis only to transport business people and tourists from the airport to their city centre hotels. You could buy 3 extra taxis at a cost of $10000 per taxi. This will give you a loan repayment of $60 per day for five years. The number of taxi journeys to break even is 10 per day. Estimated number of journeys is 15 per day all through the year. Ring me to discuss this further.You will need to research the potential demand for both options as well as working out the costs for each option before you make a final decision.
- 4. 4 0450/22/INSERT/O/N/12© UCLES 2012 BLANK PAGE Permission to reproduce items where third-party owned material protected by copyright is included has been sought and cleared where possible. Every reasonable effort has been made by the publisher (UCLES) to trace copyright holders, but if any items requiring clearance have unwittingly been included, the publisher will be pleased to make amends at the earliest possible opportunity. University of Cambridge International Examinations is part of the Cambridge Assessment Group. Cambridge Assessment is the brand name of University of Cambridge Local Examinations Syndicate (UCLES), which is itself a department of the University of Cambridge.