This essay will be divided into Part A and Part B on the basis of a case study to indicate how to make strategy when starting a business. A correct strategy can help to understand how to assign works to ensure members will play well in their roles.
Within the case, four university students have operated a baker business in their university. The current situation is that they need to reevaluate the existing strategy since operations cannot be well to deal with daily demands. Such kind of effectiveness also has let many customers feel disappointed. They hope to seek better solutions to deal with the current issue.
On the basis of requirements, it will firstly compare essential characteristics of partnerships, co-operatives and companies related to business structures:
Firstly, all of these three types have different functions to be used during operations for different purposes if people are dealing with businesses.
After the provision of relevant information in terms of different business structure and the understanding of the existing situation of Bio Breads, a manner suggestion is to use the partnership. Reasons will be listed as follows:
Firstly, when becoming a member within a partnership business network, it can ensure to improve the motivation practice during operations. The current urgent thing is to recover trusts of target customers to let them still believe they can be served timely. If Bio Breads can find a good partnership source and develop as its member party, it can ensure an entire good environment will help to improve the operational effectiveness. In such scenario, internal human capitals will be easy to encourage and they would understand clear about their behaviors will represent for the image of the brand. If they want to improve the current poor performance to compete for more customers, they should be more initiative and be collective oriented. However, when people are engaged, they can be more likely to think critically so that different viewpoints can be generated to give options to deal with one thing (Seitanidi, Koufopoulos & Palmer, 2010). To some extent, it can help to nurture new ideas and to improve the innovation ability.