Outline the Main Types of Business Structure that Existed in Britain Research Paper

Outline the Main Types of Business Structure that Existed in Britain Between the World Wars, Indicating their Strengths and Weaknesses - Research Paper Example The different types of business structures in Britain between World War I (1914-1918) and World War II (1939-1945) included family firms, personal capitalism, cartelization, a formation of mergers, diversification, and growth of modern industrial empires. The purpose of this paper is to outline the main types of business structures during the inter-war years, indicating their strengths and weaknesses. During the early period of the interwar years, many British product markets were characterized by fragmentation, as companies attempted to differentiate their product separately from others’ products. Managerial and supervisory systems were weak, managers were poorly educated and trained, and the levels of managerial hierarchy were inadequately demarcated resulting in poor coordination and efficiency. According to Westall, late nineteenth century businessmen had the usual three strategy options: competition, collusion or integration. Each option had further choices for example, competition could be by non-price means such as a differentiation of products to make them more appealing to consumers. Collusion referred to cooperation between businesses to raise prices and profitability. Integration was the process by which companies joined together to accommodate larger shares of economic activity internally rather than rely on market mediation. The term family firm refers to various types of owner-managed firms.  

The Faster Flow of New Information in Order to Ensure Proper Learning Essay - 9

The Faster Flow of New Information in Order to Ensure Proper Learning - Essay Example Learning ought to be an active process whereby students come up with constructive ideas depending on their current or past events. Research proves that interactions and motivation influences construction. Teacher’s focus is to create a connection between facts and to ensure better understanding among learners. This approach gives learners the opportunity to analyze, predict and interpret information. It means that students are involved fully in finding solutions to the problem. Consequently, interactive learning proves effective in education. Information is easily absorbed by the memory for the purpose of filtration. The teacher wanted the information that he was passing to be store on the short-term memory by letting the learners draw the ball. Primarily, short term memory is where the controlling takes place in terms of rehearsal, coding, decision and retrieval strategies of the information. It allows learners to relate past events with the present; hence improves their abil ities to accommodate fresh ideas. Most importantly, the information is easily transferred to the long-time memory store for encoding and retrieval. Admittedly, the use of techniques that link short-term memory with long-term memory is effective in education (Cole, 2008). Learners are required to be able to use the approach of processing information. In addition, learners must be able to absorb and accommodate new facts. At first, when Lucy encountered the word platypus, she enquired from her father what it meant. Her father told her that platypus was an animal. By relating the word platypus to her prior knowledge of what animals are, she can then classify the information.