Australia is known for its education system, best universities, and courses. Several students choose business management courses to study at an Australian college every year. The reasons include high employability, developing management and business skills, recognised universities, professional experience, etc. However, in this blog, our experts providing assignment help to university scholars studying business management courses in Australia have discussed all the important details that can help you understand the subject and its assignment.
The most typical and basic type of company is a sole proprietorship. Most small enterprises in the US are owned and operated by a single person. The business is owned, operated, and a sole proprietor handles all commercial dealings. The proprietor is also personally liable for all obligations and liabilities incurred by the firm. A lone proprietor may keep ownership of the company and sell it whenever they choose. A lone proprietor can transfer ownership of their company to their heirs.
There are no particular business taxes that the corporation must pay in this kind of operation. In addition to paying income taxes, the owner also pays taxes on the company's income.
The licencing requirements of the states where they conduct business and any applicable municipal laws and zoning rules must be complied with by sole proprietors. However, because there is far less documentation and formalities than for companies, single proprietors can start a firm quickly and easily from a bureaucratic perspective. Additionally, starting a firm as a sole proprietor is less expensive, which appeals to several new business owners who sometimes struggle to get an investor.
When we have understood business management's meaning, it is time to discuss the assignments covered under Business Management Assignment 3. Our experts providing management assignment help have discussed some questions that have been asked in Business Management Assignment 3.
Assignment Questions –
Similarly, a few other questions may be asked as a part of your assessment. To answer the first question, you must know Herzberg's Motivators and Hygiene Factors. Our business assignment helped experts discuss some examples of motivating and hygiene factors.
According to Herzberg's research, some aspects of work are consistently connected to job satisfaction, whereas other aspects are related to job discontent. Which are:
He concluded that job dissatisfaction and job satisfaction are not opposed.
Solving the problems that are causing your discontent won't make you happy. Additionally, increasing job satisfaction criteria won't make people happier at work. Giving somebody a promotion won't make them feel fulfilled if the workplace is unpleasant. Your team's task won't be rewarding even if you provide a positive work atmosphere but do not give them any of the satisfaction factors.
The elements that contribute to job happiness are "different and different from those that contribute to job discontent," according to Herzberg. As a result, reducing unsatisfactory job conditions may bring about tranquilly but may not always improve performance. Instead of pushing your workers to do better, this appeases them.
The hygiene elements are the traits linked to job unhappiness. People won't be unhappy or pleased until these issues have been effectively handled. Then, you must concentrate on satisfaction criteria like success, recognition, and accountability if you want to inspire your team.
You must use a two-stage method to encourage individuals to put the theory into practice. First, you must remove the unhappiness they are feeling, and then you must assist them in achieving satisfaction.
Herzberg referred to the sources of unhappiness as "hygiene issues." It would help if you fixed your organisation's deficient and impeding policies to eliminate them.
You may reduce job unhappiness in your firm by doing any of these steps. Additionally, it is useless to try to inspire others until these problems have been resolved. But you can't end there. It would help if you now concentrated on increasing work satisfaction.
Herzberg asserts that you must address the aspects of motivation work to foster satisfaction. This is what he dubbed "job enrichment." His guiding principle is that every job should be analysed to see how it might be improved and made more enjoyable for the worker. Among the factors to take into account are:
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