Business Organisations I: Aims And Activities

Question 0

Business organisation - general

Unternehmen

Answer 0

Economic units providing a legal, financial and organisational framework for the production and/or distribution of goods and services.
NOT concrete buildings!!
Ex: firms, businesses, companies, concerns, enterprises

Can operate as: Sole trader, Partnership, Company

Question 1

Business organisation - main objectives

Unternehmen

Answer 1

Firstly, to produce an output by combining and transforming resources purchased, hired or otherwise acquired from its environment.
Secondly, to sell the output to non-members at prices that more than cover costs.

Question 2

Business communication

Wirtschaftskommunikation

Answer 2

A typical business unit may send messages to, and recieve from, customers, suppliers, banks (EXTERNAL). But communication also has a role to play inside the unit (INTERNAL - memos).

B2E business-to-empolyee
B2G business-to-government
F2F face-to-face

Question 3

Stakeholders

Interessengruppe

Answer 3

“What’s at stake?” => reputation

Groups which have no financial, but rather a social contribution: community where the business is located, the general public etc.

Question 4

Staff

Personal

Answer 4

Group of people carrying out work under common management; insurance companies, newspaper companies.
NOT to bo confused with workforce (in fabrici)

Question 5

Supplier

Lieferant

Answer 5

Typically a firm selling goods or services.

Question 6

Sales

Answer 6

1. VALUE SALES: Umsatz/ Total revenue derived by a firm
   NET sales + (returns, discounts, value added tax) = GROSS sales
2. VOLUME SALES: Absatz/ Total products sold by a firm

Question 7

Turnover

Answer 7

= VALUE SALES/ Umsatz

Question 8

Return

Ertrag

Answer 8

The return on the money invested in the assets of that company (% / year); measures the profitability of economic activites.

Financial investment: yield (a higher yield allows the owner to recoup his investment - stocks - sooner, and so lessens risk)
Economics: physical output derives from a combination of inputs (=> Law of Diminishing Returns: pe o masinarie aduci tot mai multi Arbeiter, productia o sa stagneze, dar tu platesti Lohn tot mai mult, pentru ca ai tot mai multi Arbeiter; nu e profitabil)