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BGEN20401/WA1/Fall2020/cch BGEN XXXXXXXXXXBusiness Fundamentals –Fall 2020 Writing Assignment 1 Due Sunday, October 25, 2020, 11:59pm For this assignment, select any local, small business. It must be...

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BGEN20401/WA1/Fall2020/cch
BGEN XXXXXXXXXXBusiness Fundamentals –Fall 2020
Writing Assignment 1
Due Sunday, October 25, 2020, 11:59pm
For this assignment, select any local, small business. It must be local and “small”.
Through this local, small business, let’s explore some of our key concepts so far. Consider:
 the business definition
 types of competition
 social responsibility
 forms of ownership
 entrepreneurship
Discuss these concepts as related to your chosen small business. Be sure to explain the concept and how
it applies to your chosen small business. Provide examples to support your conclusions.
Find at least two articles about or related to your small business or the industry in which it operates. Use
the information from the articles to inform your conclusions.
Your findings are to be presented in a paper at least 2 pages in length, but not more than four pages.
The proper format is an opening paragraph, the body (which provides the specifics of your findings) and
a summary, closing paragraph. Please use appropriate references and provide a works cited page (MLA
or APA).
Be sure you have addressed all parts of this assignment as noted above.
Submit the paper to me via the dropbox in Eagle Online, no later than Sunday, October 25, 11:59pm.
Answered Same Day Oct 22, 2021

Solution

Preeti answered on Oct 23 2021
149 Votes
Running Head: ESSAY
Economics Essay
The local and small business selected for discussion purpose is Bonjour Bistro in Kalispell Montana. Some concepts explored in context of underlying business firm are:
a) The business definition: Bonjour Bakery & Bistro is established with a passion for delivering great quality food and i
esistible deserts. It offers a wide a
ay of baked goods, coffees, and full lunch menu items, along with this, it also specialises in designing and offering custom artisan deserts for any event and occasion such as birthday, occasion, anniversary and so on. The business definition of Bonjour Bakery & Bistro implies that it look forward for catering and serving customers with new look and menu items. The ownership pattern of Bonjour Bakery & Bistro implies that it strives to add new taste and flavour to menu and product items (Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025).
) Type of competition: Monopolistic competition as there are several small and large players present in the regional and international market. The bakery product market is highly competitive and...
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