Organization and Management Plan

What is a key factor to consider when choosing the form of business?

• Flexibility in management

• Local cultural preferences

• Ease of forming international partnerships

• Legal liabilities and tax implications

Which of the following is a significant consideration when designing a business logo?

• Incorporating cultural symbols

• Ensuring it is cost-effective

• Choosing a color palette that reflects trends

• Making it distinct, memorable, and that resonates your brand value

What is essential for developing a capability profile for project proponents?

• Their financial background

• Their ability to secure funding

• Their skills and experience relevant to the business

• Their international network

In terms of organizational structure, which structure might provide a balance between flexibility and clarity?

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How might recruitment and selection strategies support a business's long-term goals?

• By hiring employees with international degrees

• By focusing on candidates with high technical skills

• By aligning hiring strategies with business needs and culture

• By offering competitive salaries

What is a key cost consideration when budgeting for administrative personnel?

• Balancing costs with productivity

• Ensuring competitive salaries

• Providing benefits packages

• Average salary levels in the industry

What is crucial for procuring non-current assets for office administration?

• Ensuring assets are brand-appropriate

• Balancing quality and cost-effectiveness

• Prioritizing technological advancement

• Leasing assets for financial flexibility

How should office layout be designed to support productivity?

• Reflecting modern aesthetics

• An Agile design, creating a mix of collaborative and individual spaces

• Ensuring sufficient individual workspaces

• Providing open spaces for collaboration

What is a critical consideration for pre-operating activities and expenses?

• Marketing costs for launching

• Covering networking expenses

• Securing permits and licenses

• Travel expenses for research

1. How should organizational and management expenses be managed?

• By minimizing costs at all levels

• By balancing costs with long-term business goals

• By focusing on reducing overhead costs

• By outsourcing non-essential functions