3pm 1004GBS The Purpose of Business by Joanne Nieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79 Module 2 en-us 2021-03-18 00:55:19 UTC 2021-03-18 08:37:10 UTC hello@padlet.com https://padlet.net/icons/png/1f41e.png Activity 6. Social Enterprise joannenieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296528 Define social enterprise:


In Queensland, what 4 sectors do social enterprise operate within?]]> 2021-03-18 00:55:19 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296528 Activity 4. Traits of Business Structures joannenieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296529
List out the traits of the following structures:
•Sole Trader
•Partnership
•Company
•Trust
•Franchise
•Family Business 
•Home Based Business
•Not for Profit
]]> 2021-03-18 00:55:19 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296529 Activity 5. Traits of Businesses We Know joannenieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296530 State what characteristics define these brands (Sector they belong to, business structure, purpose)
Brands:
Cancer Council: not for profit "Cancer Council is the only charity in Australia to work across every area of every cancer, from research to prevention and support. We help people from the point of diagnosis through to treatment and survivorship. A cancer free future."
Coca Cola: Public company "The Coca-Cola Company purpose remains clear: To refresh the world and make a difference. This purpose is uniquely us. It’s why we exist, and it’s needed now, more than ever. In doing so, we must think expansively. It’s about how we refresh people in both body and spirit."
McDonalds: Franchisee "What matters to you matters to us. Here at McDonald’s, our purpose is to feed and foster communities. When we say, “billions served,” we’re not just talking about burgers. We’re talking about serving our communities, customers, crew, farmers, franchisees and suppliers."
Yatala Pies: Tertiary sector Family based company?
At-Home Hairdresser: Sole Trader
Instagram: Public Company "The main purpose of Instagram is to help businesses and users to get the most out of it. If you are an individual then Instagram can help you in the following manner: 1. Instagram helps you to stay connected with other people."
BHP Group: Public company "We are BHP, a leading global resources company. Our purpose is to bring people and resources together to build a better world. Our strategy is to have the best capabilities, best commodities and best assets, to create long-term value and high returns."
Caltex: 
BlueScope Steel:
Viva Energy Group:]]> 2021-03-18 00:55:19 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296530 Activity 3. Business Sector joannenieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296531 There are 19 broad industries as defined by the Australian and New Zealand Standard Industrial Classification (ANZSIC). Can youlist some in the comments?]]> 2021-03-18 00:55:19 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296531 Activity 2. Scenario Questions joannenieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296533 State what business structures the following scenarios fall into: 
A) Joe has opened a successful coffee shop at Griffith University last year and he has full control over its operations. 
 
B) Sharon created a very successful fitness program on an app which now has one million users. Sharon is the owner and founder of the organisation, but she doesn’t have legal liability when it comes to business operations.  

C) Bill has taken over control of his father’s accounting firm. His father made him a trustee and he now has control over its operations.  

D) Jack and Jill have started a pet grooming and vacation centre in the city and it has grown very popular. Jack and Jill maintain and share responsibility over business operations.  

]]> 2021-03-18 00:55:19 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296533 Activity 1. Missing words joannenieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296535 Franchises  
 
Trust 
 
Sole Trader 
 
Tertiary sector 
 
Public Sector 
 
Partnership 
 
Secondary sector 
 
Company 
 
Not-for-profit 

]]> 2021-03-18 00:55:19 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296535 Activity 1. Top Takeaways – Fill in the gaps joannenieuwenburg https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296536 1. A primary sector acts as a foundation for all other businesses. It creates the raw materials that go on to support every other sector.  
 
2. Once the primary sector produces raw materials, the secondary sector transforms them into various products. 
 
3. The tertiary sector is the segment that provides a service to the public. 
 
4. The public sector includes any organization owned or operated by a government agency. 
 
5. The sole trader business structure allows the owner to have full control  
 
6. A trust business structure occurs when the organisation is a separate legal entity with limited liability  
 
7. A partnership business structure occurs when there are two or more people who distribute profit or losses 
 
8. A sole trader business structure occurs when one trustee is responsible for all business operations  
 
9. Not For a Profit organisations are types of organizations that do not earn profits for its owners. All of the money earned by or donated to the organisation is used in pursuing the organisation's objectives and keeping it running. 
 
10. Franchises allow a business to operate under the established brand of another business 
]]> 2021-03-18 00:55:19 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323296536 A is a franchise https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323940620 D is a partnership]]> 2021-03-18 05:39:24 UTC https://padlet.com/joannenieuwenburg/mdg6jyj0lqrffw79/wish/1323940620