Assignment task: Answer the following questions:
Note: The Company Is Cosmetic And Makeup Products
Systems
1. Explain the manual or electronic systems you will use to run your core business processes (scheduling, inventory, billing, client records, accounting, etc.)
2. Describe their level of integration and how they will be maintained.
Organization
1. Outline who is responsible for doing what to run the business.
2. Identify who owns, manages, and supervises different activities. If you have partners, include a partnership agreement. If you have employees, include an organization chart and basic job descriptions.
3. Describe how your compensation system will work. Identify who earns dividends, profits, or wages and how they are distributed through annual return cheques or payroll. Include any special arrangements like employee profit sharing.