Assume that you are about to start a new business. What type of business would it be?  Why would you select this type of business that is best for you?  Be specific and explain your product or service offerings. (minimum of 3 paragraphs with more than 3 sentences per paragraph)

How would you organize your business structure and why (sole proprietorship, partnership, corporation, LLC, franchise)? Explain why you made this choice over the other options available. Discuss how your business lends itself to best suit the particular business structure you chose  (minimum of 2 paragraphs with more than three sentences per paragraph)

Discuss the specific resources that would be necessary (location/space, capital, human, materials/merchandise, technology, information) and other resources and intangible property in order to start and run your business? Discuss each type fully.  (minimum of five paragraphs with more than three sentences per paragraph)

Discuss each of the five functions of the business (Organizing, Financing, Production, Marketing, Employment) as they pertain to your business and how you will address each one of these in your company.  (minimum of five paragraphs with more than three sentences per paragraph)

Discuss three external forces that will likely impact your business. Explain in detail how will you address each of these challenges.  (minimum of three paragraphs with more than 3 sentences per paragraph)

Identify and discuss your target market.  How would you market your business in order to attract your target market? Be specific.  (minimum of two paragraphs with more than three sentences per paragraph)

How could you use social media to promote your business? Provide an example of a social media post, you would use. Be sure to identify the and platform for this post.  (minimum of two paragraphs with more than three sentences per paragraph)

Conduct a SWOT analysis on the possibility of starting your new business.  Provide at least two items in each category. Use the chart below.

Do not include the questions in our project.

The primary function of HRM is to increase the effectiveness and contribution of employees attaining organizational goals and objectives. Consider all the areas of HRM that have been discussed in this course:

• Performance management
• Human resources planning, recruitment, and selection
• Human resources development
• Compensation and benefits
• Employment and labor laws and regulations

Provide a high-level overview of each HRM area listed above.

The Fair Work Act 2009 (Cth) intended that the dominant form of rule-making would be enterprise bargaining, with Modern Awards serving as a safety net. The decline in the number of employees and employers covered by enterprise agreements suggests that the Modern Award system has become the dominant form of rule-making. Discuss both (a) the deficiencies in Australia’s agreement-making system and (b) potential reforms to the Fair Work Act 2009 (Cth) that could make bargaining of some kind the dominant form of rule-making.

Later in 2022, there will be a summit meeting of the new Federal government (the Australian Labor Party), employer associations and unions to identify reforms to the industrial relations system. Keeping in mind the overall s.3 Object of the Fair Work Act 2009 (Ct), discuss whether it is likely that the functions and powers of the FWC will be changed. The discussion must make reference to particular functions and powers of the FWC.

Karabo Enterprise decided to outsource the recruitment and selection function of the human resource division, to one of the recruitment agencies in South Africa, Kgomotso Holdings. They decided that Kgomotso Holdings is the best organisation to outsource the recruitment and selection division to, based on their thorough knowledge of the recruitment and selection process. Kgomotso Holdings has been nominated as the recruiter of the year, and has won the award for the “Best Placement Company of the Year" at the Eafazi 2D21 Annual Awards. lIEJutsourcing the recruitment function to Kgomotso Holdings will enable Karabo Enterpriseto recruit employees with specialised skills in supply—main management Karabo Enterprise currently has no qualified employees that cat conduct a recruitment and selection process for supply—chain specialists in their employment. Hence, they have outsourced the recruitment and selection function but still have the responsibility to oyersee the process from beginring to end. 1 Certain aspects of the recruitment and selection process are still done in the organisation [Karabo Enterprise]. This includes determining of remuneration and benefits of the successful candidates, the induction process and the allocation of appointed employees to the appropriate division at Karabo Enterprise once training has been completed. This was decided to ensure that Karabo Enterprise continues to keep abreast of what is happening with new employees in the organisation. Based on the scenario, apply part two of the two-part model for outsourcing and discuss what decision you could have made regarding what to outsource and indicate which option you think Karabo Enterprise chose or selected or applied. {2D}