Question

Your task is to create the text for a short speech that you, as the head of this business, would give to your employees to let them know what you have decided to do with the business. You may choose to (a) keep the business a sole proprietorship, (b) change it into a partnership, or (c) change it into a corporation (which we call “incorporating” the business). For the purposes of this project, you are welcome to decide what kind of product or service your business offers, but that is not required. It may just make it easier to decide what type of business structure would work best for the business you are running for this project. In your speech, you must do each of the following (in any order): • Announce what type of business structure your business will have (sole proprietorship, partnership, or corporation). • Explain the advantages that led you to choose this type of business structure. (For full credit, you need to accurately address multiple advantages, not just one.) • Explain the disadvantages that led you to decide against each of the other two options that you did not choose. (For full credit, you need to accurately address multiple disadvantages for both discarded options.)

Answer 1

Dear employees, due to the current moment in which we are living and the economic challenges that our company will need to overcome, I would like to inform you that some changes have been made in our organization, which will change our structure and administration, but will not change the importance of your employees. services on our journey.

From now on, we will cease to be an exclusive property and work in partnership with farmers' cooperatives in our state. This was done because it brings us competitive advantages to the market, since we will be able to offer organic products of higher quality, in addition to that we may have a lower expense with the planting and maintenance of agricultural crops (which will give us fairer workloads) and we will be able to focus more efficiently on the industrialization process of these products.

However, I cannot fail to expose some disadvantages of this change, the biggest of which is that we will not have total control of our production, since the planting and maintenance part will not be our responsibility. This can lead to other disadvantages such as late delivery of materials and unavailability of materials at a given time. These disadvantages are a strong risk to our production and, therefore, I can say in advance, that we are already working to suppress them and allow our company to be successful going forward.