Professional Documents
Culture Documents
Assignment1 - Gemma Qt20 - Bbe
Assignment1 - Gemma Qt20 - Bbe
Assignment1 - Gemma Qt20 - Bbe
3. LEGAL FORM:
3.1 Sole trader:
+ A self-employed person who run your own business.
+ Having control over everything that belongs to the company,
including all of the company's profits after taxes and other
assets.
+ Sole trader are independent, self-directed, and respond quickly
to new trends in the market without the consent of others.
+ However, sole traders need to have the necessary skills and
risk losing their entire fortune when the business fails (Johnathan
Korchak, 2021)
3.2 Partnership:
+ A relationship built between people who have the same goals and
strategies to implement a business in order to receive with view profit.
+ Each partner must be assuredly responsible for the debts and accept
foreclosure in order to pay off the debts owed by the company
3.3 Company:
3.3.1 Joint Stock Company:
+ Shares are the charter capital in the company separated into equal
parts.
+ The General Meeting of Shareholders, the General Director, and the
Supervisory Board are essential in a joint-stock company.
+ All shareholders have the right to transfer their shares to others and
issue securities on exchanges stock per regulations.
+ Advantages:
+ Disadvantages:
2.4 Size:
Mid-Market with over 178 employees and wide scope because products
manufactured by Geru Sport Company have been widely consumed in
VietNam and exported to many countries around the world.
2.5 Scope: Wide
+ Customers: Suitable for all ages with different ball sizes. Diverse
materials and suitable for each specific sport: Football, volleyball,
basketball.
+ Geographical location: exporting and consuming many countries
worldwide such as Germany, USA, Chile, South Africa...
+ Activities: There are many activities to bring sports and especially
sports to the ball to everyone, such as From 2019 to 2020, Geru
Company cooperates with the Departments of Education and Training
provinces, including Ho Chi Minh City and Ho Chi Minh City. Hanoi,
City. Ho Chi Minh City, City. Da Nang, ... implementing "Project on
Developing School Basketball to 2023” (Tiền, H., 2021. Tin tức)
2.6 Goals and Objectives: With the Geru Star ball brand, the company
will continue to promote the product through other movement awards
throughout the provinces. At the same time, cooperate with
organizations and sponsor professional basketball tournaments every
year”
(tiền, H., 2021. Tin tức )
Conclusion: - Delta Sport and Geru Sport both have the legal form of a
Joint Stock Company. While Delta has ownership of the Private Sector,
Geru Star has a reverse pattern: the Public Sector. We can see many
differences in the size and scope of these two companies. Firstly, the
number of employees in Geru at 178 people is approximately ten times
lower than the number of employees in Delta, specifically the 1600
workers at Delta Sport. Secondly, Delta has three productions to produce
goods and has its factory to train human resources compared to 1 factory
in Geru Star. Moreover, we can see that the scope of both companies is
broad, but Geru's strength is only in the production of balls. Delta's
products include balls, sportswear, and sports equipment . Not only that,
Delta's geography location is also more spacious and covered worldwide
than Geru.
=> In my opinion, from Delta Sport and Geru Sport, we can see that
Private Sector has an advantage over Public Sector because it draws
many shareholders to expand the market. And the significant thing is
profit belongs to the Private Company or individual, not to the control of
the government.
- H2H around the world is a non-profit organization dedicated to sharing
happy vibes with unfortunate circumstances. Therefore, the
organization's source of income has sent to relief centers is utterly
dependent on volunteers and may not be as stable as for-profit
organizations. However, non-profit organizations will receive much
attention and support from sponsors to improve living conditions and
spread positive energy to the less fortunate.