Team Based Organizations Essay - 1190 Words

Team Based Organizations Introduction A team is a small group of people with complementary skills who work actively together to achieve a common purpose for which they hold themselves collectively accountable. In today’s society, there can be several different factors that are associated for a group of people to become a high performance team. For a team to achieve great performance, and deliver real benefits to the organization, they have to be able to distinguish their strengths and weaknesses. All teams need members who believe in team goals and are motivated to work with others actively to accomplish important tasks. A commitment to teamwork is found in the willingness of every member to listen and respond constructively to†¦show more content†¦Teamwork and organization were consider to be controlling for minority status, gender, age, supervisory status, agency, job occupancy, and work setting. Working as a member of an occupational work team is related to improved perceptions of the diversity climate , but organizational differences do exist and one must compare differences to concord organizational goals. Overall, it appears that the size of the relationship between teamwork and diversity climate is influenced by the degree to which one focuses on specific behaviors versus higher-level judgments. Specifically, behaviorally focusing will show in a group a stronger relationship with teamwork and support for the agency’s diversity climate vision. Dynamics of Diverse Group Behaviors One way of managing role dynamics in any group or work setting is by role negotiation. This is a process through which individuals negotiate to clarify the role expectations each holds for the other. The dynamic diversity with group behaviors is eliminating a hostile work environment, which in turn evaluates the popularity of inappropriate behaviors in the workplace. They suggest that a group is likely to be more effective and organized when they have diverse skills to bring to the task at hand, but share common work related valuesShow MoreRelatedTeams For A Team Based Organization991 Words   |  4 PagesIn many organizations, employees work together in structures commonly known as teams. Organizations utilize teams for a number of reasons (e.g., greater output, quality enhancements, or better decisions) and give them a range of labels depending on factors such as the members comprising the team {ex. managers, front line workers} or what the team is supposed to achieve {ex. to make decisions, develop a new product, deliver a service}. Some of the many types of teams found in organizations includeRead MoreThe Concept Of Team Based Organizations795 Words   |  4 PagesTeam-Based Organizations The purpose of this paper is to introduce the concept of team-based organizations. It provides an overview and definition of this concept. 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TheRead MoreExamples Of Team-Based Incentive Programs739 Words   |  3 PagesTeam-based incentive programs are designed to motivate employees in addition to holding each other accountable for job responsibilities and activities, while working toward a common goal within an organization (McQuerrey, n.d.). When utilized, team-based incentive programs have the ability to improve the productivity and performance at all levels within an organization. Teams can be categorized into many groups and at any level, such as management teams, quality circle teams, problem-solving teamsRead MoreTeam Based Structure Of Team958 Words   |  4 PagesTeam-based structures have become immensely popular in today’s work world. This is due to an endeavor by companies to restructure and increase efficiency in order to combat an accretion in competition. Teams have their advantages and their drawbacks, just like any other company strategy . Team-based structures are quite engrossing, due to their capability to be utilized by companies in almost any industry. This universal applicability has enabled teams to be structured and utilized in multitudinousRead MoreMarketing Plan For Whole Foods Market1040 Words   |  5 PagesTeam-Based Organizations Today’s organizations need to focus on their internal customers by promoting team-based cultures. An effective team-based organization will succeed when they collaborate with their team members. Therefore, effective teams value one another, set common goals, and foster a culture where appreciation is expressed openly with other team members (Duggan, n.d.). Creating a teamwork approach results in loyalty, trust, and cohesiveness, this leads to increased productivity for

Edwin Hubble and His Dream - 969 Words

As young children, we grow up with the hopes and dreams of who we want to become when we get older. Some children want to be teachers, some want to be fireman and some children want to have multiple careers. There was one young man born in eighteen eighty-nine who wanted to be an astronomer. That young man’s name is Edwin Hubble. The great Edwin Powell Hubble was the son on an insurance executive. He was born in Missouri. At the age of nine his residence changed from Missouri to Chicago. Growing up he enjoyed basketball and boxing. Hubble was a young man with the admiration to succeed in his education. He graduated from high school in nineteen o six and continued on to college. Hubble receive an academic scholarship at the University of Chicago. He also received an academic and athletic scholarship to receive the Rhodes scholarship to Oxford. When choosing his major in college the first thing that came to mind was astronomy. Astronomy peaked his curiosity. His father had a rea listic view on his son’s career. Due to the respect he had for his father, Hubble studied law. Not only did he study law but he studied literature and Spanish. After passing the bar, he practiced law in Kentucky for a year. In 1913, he moved on to become an educator at the New Albany High School in Indiana. Edwin taught Math, Spanish and Physics. So his father knew certain careers would allow his son to take care of himself. He enjoyed teaching. He also enjoyed being the basketball coach for the highShow MoreRelatedU.S. Government Need to Give Larger Funding NASA1646 Words   |  7 Pagessplashed down at T+ 195:18:35, or about 4:50p.m. Greenwich Mean Time (GMT) (1). Apollo 11 used a Saturn V rocket that is a very iconic symbol in the field of space exploration. The rocket transported the 3 astronauts, Neil Armstrong, Michael Collins, and Edwin Aldrin, Jr., to the moon (1). The rocket had a lot of power. 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Identify The International Market For Aldi †MyAssignmenthelp.com

Question: Discuss about the Identify The International Market For Aldi. Answer: Introduction The main aim of this task is to identify the international market for Aldi where it can expand its business progressively Aldi is a supermarket chain store based in Germany which was founded by two brothers Karl and Theo Albrecht. The discussion about the pestle analysis and the market entrance of Aldi in chosen market will be made. Moreover, porters five forces and internal analysis will be mentioned in this report to provide the clear understanding about the expected progress of Aldi in chosen country. Market entrance of Aldi in New Zealand New Zealand is the best suited market for the company Aldi to enter for the purpose of expansion. It shall be noted that the environment of the country is fit for the company to initiate their retail business (appendices 1). Further, the reasons due to which Aldi shall expand in the market of New Zealand are discussed below: Political: The country has stability in its political system which will provide an ease to the company in initiating their actions in the target market. This will positively help the company in running their business without the intervention of strict rules and regulations. The government of New Zealand is strict where the operations of Aldi can be operated in effective manner without any conflicts and corruptions. The policies of the New Zealand change in every three years which is long period that is why Aldi need to be aware about the changed policies for expanding its business. So, if the Aldi will expand its operations in New Zealand then political features will not hamper the growth of the company in the market (Ruffell, et. al., 2015). Economic: It should be noted that the GDP of the country is constantly increasing which impact on the business industry in the market. Apart from that, the company is ranked on the 13th position in the Global Competitive Index report. As Aldi is a retail chain store, thus the company will attain the benefit to increase their shares in the market as the per capita income in New Zealand is high. The company promotes the daily use products and services in the market, so with the population of 6-7 millions, the company earns the advantage to repeatedly increase their sales (Goldson, et. al., 2015). Social: The social factors of the country suggest that the community of the country is good but they depend upon other countries and business for growth and survival. As employment is provided to people by foreign company and countries due to which it can act as an advantage for the company to grow in the market of New Zealand. It has been analyzed that the estimated population of New Zealand is 4.9 million and the population of the company is more educated. It would be good opportunity for Aldi Company to expand its business in this country to get good environment within the organization. Also the lifestyle there says that they prefer being social which is also an opportunity to the company to increase their sales (Rothaermel, 2016). Technological: The technological aspect suggests that all people in the country are highly qualified and gain the efficiency to use technology in their business process. Also the company has global competitiveness in the international market as well. Further technology is one of major aspect which is required by a retail organization to grow in an international market, so if the company expands its business by implementing updated technology, it would be great opportunity to get customers in wide range because now a days people are more focused towards updated technology (Asiedu, 2015). Environmental: The environment of the country is clean and clear and Aldi can take step towards maintaining the healthy environment. The people of the country are concerned towards the environment and changes happening in it, due to which they prohibit the entrance of organization which pollute waste in the environment, it becomes difficult for the foreign organizations to enter in the market. But the company Aldi being placed in the retail business does not pollute waste but also help the communities in initiating better tomorrow. Further ecological system of the country is healthy which will help the company to transfer their employees in New Zealand (Ulubeyli, 2017). Legal: The legal factors of the country suggest that there is stability in the environment and not much intervention is made by the government of the country. Further the law and regulations of the country are strict and the government changes after every three years which raises the need of more focused towards the changed policies and procedures. Further it shall also be noted that the legal rule and regulations are not that strict but are applicable to all and if any organization disobey them then the government can take strict actions against them. Thus, these are the reason due to which New Zealand is more competent country for Aldi to expand. Porter five forces model Porter five forces framework helps a marketer to analyze the competition of business in the market. It helps in analyzing the potential of the industry through which an organization can gain competence. Further the five forces analysis of Aldi is discussed below: Competitive Rivalry: High The competition present in the retail industry is high which makes it difficult for the organization to retain their customers. The product price of the company is similar in the market due to which it depends on the discretion of the customers. They want to purchase the products from them (Hughes 2015). Coles, Kmart, Woolworths are some of the competitors of Aldi present in the market which provide similar services to the customers. These companies present in the retail market and have focus on only cost, price comparison is a routine activity among customers and a little different in the amount of products is highlighted by the competitors in the market. Further it becomes tough for the company to keep the prices of the products low when the marketing and advertising cost increases (Fernie, Fernie, and Moore 2015). Threat of entrants: Medium To become a part of retail industry, it is important for person to invest huge amount of capital in the business. Requirement of large capital makes it difficult for people to enter in this industry. Finding a new place, opening a store and establishing a brand requires time and investment due to which small players merge their business with other bigger organizations. But small lot of market share of Aldi is taken up by low-cost local supermarket selling groceries and home grown fresh products. It will have the impact on the market share of the company which influence on sales of the company also decrease. Resulting to which, there is medium degree of threat of entrants in the market for Aldi (Kew and Stredwick, 2017). Bargaining Power of Suppliers: Low The retail industry consists of suppliers who are ready to supply the same type of products at similar or even less prices to the giant market retailers such as Coles, Aldi in the market. As the retailers purchase products in many lots due to which they push the suppliers to provide discounts. Also there is no switching cost, the suppliers constantly find the retailers which provide them large orders in the market. The suppliers also provide discounts to the retailers. Thus, the suppliers do not have enough choice to force the retailers to sell products at high prices in the market (Chatterjee 2017). Bargaining Power of Buyers: High There is high degree of bargaining power in the market as the operation of the company revolves around the process of selling the products with less cost in the market. Further it shall also be noted that every other competitor of the company is trying to achieve the same due to which it gives a choice to the customers to choose the brand from which they want to purchase the product in the market (Crawford, et. al., 2017). The switching cost of it is low and consumers can transfer from one retail organization to another. Lower pricing strategy would be facilitated to Aldi to enter in New Zealand; also loyalty scheming process offers discounts to the returning customers but Aldi does not initiate such activities in their process, which makes it difficult for the company to operate. Threat of substitutes: High The products sold by the company do not hold any uniqueness due to which there is high degree of risk for the company to get substituted by another organization in the market. Exact same products with exact same prices are sold. Customers can purchase same type of products from different company as well, but the services and perks can attract the customers in the market and reduce high degree of substitution (Price 2016). VRIO analysis VRIO framework is contained the four question which asked about the capability to decide its competitive potential such as the question of value, the question of rarity, the question of imitability and the question of organization. It is considered as the important tool in the internal analysis to evaluate the capabilities and the resources within the organization as the competitive strength. It has resources and capabilities which have certain characteristics such as valuable, rare, inimitable and non-suitable. Tangible Resources Valuable Rare Inimitable Non-substitutable Competitive Outcome Performance Implications Stores of the company Opening Hours Product and service segregation Lower costs of labor Use of Manual systems Yes No No Yes No No No No Yes No No No No Yes No No No No Yes No Competitive Uniformity Drawback of competition - Sustainable Competitive advantage Competitive disadvantage Average return Come under below average returns - Significant returns The quantity of returns is not quite satisfactory Intangible Resources Valuable Rare Inimitable Non-substitutable Competitive Outcome Performance Implications Well known retailer in the world. Human Resources Bonding with suppliers Reputation in offering customer service Yes No Yes No Yes No No No Yes No No No Yes No No No Well-efficient Competitive advantage Competitive drawbacks Competitive Consistency Good Returns Below average returns - - Capabilities Valuable Rare Inimitable Non-substitutable Competitive Outcome Performance Implications Buying Power Satisfied employees with salary Lower pricing strategy Better quality products Distribution Prospective Yes Yes Yes Yes Yes Yes Yes Yes No No Yes Yes Yes No No Yes Yes Yes No - Competitive benefits Effective Competitive benefits Effective Competitive consistency Competitive consistency Expected returns Average returns Average returns Valuable It can be said after analyzing the above mentioned table that the resources of the company is more valuable if they support an organization in terms of satisfying the customer value. There are number of resources which are acquired by Aldi Company while entering in to new market. Tangible resources of Aldi Company is stores of the company, opening Hours, product and service segregation, lower costs of labor and Manual systems. The table has described that some of the resources of the company is valuable while some of them are not valuable. Retail outlets and labor costs are helpful resources to increase the value and attain the competitive advantages in New Zealand markets. Rare Rare are the component of VRIO framework which shows the rarity and the limpidity of the resources and the capabilities of the organization. It can be analyzed by above mentioned table that purchasing power, labor costs, suppliers etc are the rare resources at Aldi. These resources are facilitated the organization to establish the competitive uniformity (Warner, 2010). Inimitability It has been analyzed that the company that have the resources of nature of rare and valuable are considered as expensive to imitate. Aldi has several resources and capabilities which cannot be copied by others. It shows that the Aldi is capable to attain the competitive advantages in the new market that is New Zealand. It has been analyzed that the strategies and the models of Aldi is effective and can be imitated by other organizations in New Zealand. These resources will be helpful for the company to maintain the market share in the industry (Richardson, 2008). Non-substitutable There are so many resources and capabilities at Aldi which are non-substitutable. The resources and the organization cultures should be managed by Aldi in other country. Lower costs of labor cannot be surrogated by utilizing any substitute resource under tangible resources (Ododo, Mulholland and Turner, 2015). There are some resources and capabilities at Aldi such as higher wages to satisfy the employees, buying power and pricing strategy which cannot be substituted by the organization. It can be concluded after above analysis that there are several resources and capabilities of Aldi which acts as strategic requirements and strengths. Various competencies has been owned by Aldi to generate the more profit and to create the effective competitive advantages. These resources and capabilities will lead the organization to enter in the new market by providing efficient services to the customers (Khan, 2011). Modes of Entry It is vital for the organization to determine the mode of entry before expanding its business in international market. An entry mode into foreign market is considered as the significant channel that is occupied by the organization to get entry in the international market (Gunnarsson, 2011). A company focuses on the various options of entry under this process but recognizes that these options are diverse. Aldi will consider many options to get entry in the market of New Zealand, which will be facilitated for the organization in establishing the business in the country. The modes of entry chosen by Aldi are defined below: International franchising It is the process of expanding the local business into foreign nations and markets. It is considered as the complex method which requires certain things such as flexibility, adaptability and risks. The international franchising mode can be adopted by Aldi to enter in New Zealand market in which company need to make an agreement with an established brand and by using its brand trade organization can sell its grocery products. It will amplify the selling potentials in the New Zealand supermarket. This entry mode is effective entry mode for Aldi but it is more expensive in comparison of other entry modes (Swoboda, Elsner and Olejnik, 2015). Greenfield Investment A Greenfield investment is one of the most effective entry modes which can be used by Aldi to enter in New Zealand Market. This entry mode is a kind of international expansion where funds are invested in a market to initiate the business operations from the ground up. It is a kind of the Foreign Direct Investment (FDI), under which parent organization focuses to expand its operations on international level (Dudoviskey, 2012). This strategy is effective and Aldi would be able to construct its new retail stores and distribution centers. This entry of mode is more effective for Aldi which will bring up the more benefits for the organization. This mode of entry has some advantageous and disadvantageous factors as well. The most advantageous factor of this mode of entry is low cost of transportation which would be helpful for the company to offer the products to the population of New Zealand. It will facilitate the organization to avoid the disadvantages from exchange rate of fluctuations . Along with the benefits, company may have certain risks due to Greenfield investment entry mode like joint venture. Strategic Alliances Strategic alliances are another entry mode for Aldi to enter into New Zealand market which lies between two firms in the term of merger or acquisition. In this process, two companies get engaged with each other to earn mutual benefits. Aldi can partnership with developed retailers to get enough resources and production in the new market. Offline and online retailing can be included in the agreement of two firms (Harrison, 2011). It can be concluded after analyzing the number of entry modes for Aldi that Greenfield Investments is effective entry mode to expand the business in the new supermarket of New Zealand. This strategy will bring opportunities for the organization to expand its business in successful manner. This strategy can be encouraged by the host nation government by providing legal supports, tax relaxation etc. This strategy is helpful to attain the objectives of the company in an adequate manner and able to gain the government support for expanding the business (Harris, 2017). Conclusion Thus in the limelight of above mentioned events it shall be noted that Aldi supermarket shall expand their business in New Zealand as it will provide them more opportunities to growth and increase sales. Further the above mentioned repot justifies the requirements of the task. References Asiedu, E., 2015. A critical Assessment of the Strategic Position of Melcom within the Retail Industry in Ghana.Journal of Entrepreneurship Organization Management,4, p.137. Chatterjee, S., 2017. Two efficiency-driven networks on a collision course: ALDIs innovative grocery business model vsWalmart.Strategy Leadership,45(5), pp.18-25. Crawford, B., Byun, R., Mitchell, E., Thompson, S., Jalaludin, B. and Torvaldsen, S., 2017. Socioeconomic differences in the cost, availability and quality of healthy food in Sydney.Australian and New Zealand journal of public health,41(6), pp.567-571. Dudoviskey, J., 2012. Greenfield Investment and Its Utilisation by Aldi and Lidl. Retrieved on 12, February, 2018 from: https://research-methodology.net/greenfield-investment-and-its-utilisation-by-aldi-and-lidl/. Fernie, J., Fernie, S. and Moore, C., 2015.Principles of retailing.Routledge. Goldson, S.L., Bourdt, G.W., Brockerhoff, E.G., Byrom, A.E., Clout, M.N., McGlone, M.S., Nelson, W.A., Popay, A.J., Suckling, D.M. and Templeton, M.D., 2015. New Zealand pest management: current and future challenges.Journal of the Royal Society of New Zealand,45(1), pp.31-58. Gov.UK., 2017. Overseas Business Risk - Czech Republic. Retrieved on 12, February, 2018 from: https://www.gov.uk/government/publications/overseas-business-risk-czech-republic/overseas-business-risk-czech-republic Gunnarsson. A, (2011). The selection of entry modes when penetrating a foreign market, USA: Spring, pp. 1-88. Harris, C., 2017, New stores coming to NZ in 2017: Aussie chains on the way but speculation about Ikea is just that, Retrieved on 12, February, 2018 from: https://www.stuff.co.nz/business/industries/88127702/new-stores-coming-to-nz-in-2017-aussie-chains-on-the-way-but-speculation-about-ikea-is-just-that. Harrison, A., 2011. International Entry and Country Analysis.Lecture Programme delivered at the Technical. Hughes, A., 2015. 17. Retailers, corporate ethics and fair trade.Handbook of research on fair trade, p.298. ICAEW., 2018. Doing business in the Czech Republic. Retrieved on 12, February, 2018 from: https://www.icaew.com/library/subject-gateways/doing-business-in/czech-republic Kew, J. and Stredwick, J., 2017.Business environment: managing in a strategic context. Kogan Page Publishers. Khan, S., 2011, Marketing Mix Strategy Adaptation: A Retail Organisations Response To The Global Economic Downturn. Cape Peninsula University of Technology. Ododo, C., Mulholland, G. and Turner, J., 2015. Can Discount Pricing Be A Comeptitive Brand Strategy? An Evaluation of Aldi.InInternational Conference on Marketing and Business Development(Vol. 1, No. 1, pp. 241-251).Bucharest University of Economic Studies Publishing House. Price, R., 2016. Controlling routine front line service workers: an Australian retail supermarket case.Work, employment and society,30(6), pp.915-931. Richardson, J., 2008. The business model: an integrative framework for strategy execution.Strategic change,17(5?6), pp.133-144. Rothaermel, F.T., 2016. Competitive advantage in technology intensive industries. InTechnological innovation: Generating economic results(pp. 233-256). Emerald Group Publishing Limited. Ruffell, J., Innes, J., Bishop, C., Landers, T., Khin, J. and Didham, R.K., 2015.Using pest monitoring data to inform the location and intensity of invasive-species control in New Zealand.Biological Conservation,191, pp.640-649. Santander., 2018. Czech republic: economic and political outline. Retrieved on 12, February, 2018 from: https://en.portal.santandertrade.com/analyse-markets/czech-republic/economic-political-outline Swoboda, B., Elsner, S. and Olejnik, E., 2015. How do past mode choices influence subsequent entry? A study on the boundary conditions of preferred entry modes of retail firms.International Business Review,24(3), pp.506-517. Ulubeyli, S., 2017. Industry-wide competitiveness assessment through fuzzy synthetic evaluation: the case of cement industry.Journal of Business Economics and Management,18(1), pp.35-53. Warner, A.G., 2010, Strategic Analysis and Choice: A Structural Approach, Business Express Book.

Business Law for Text & Summarized Cases- myassignmenthelp.com

Question: Discuss about theBusiness Law for Text Summarized Cases. Answer: There are three kinds of business structures which are available to a person for the purpose of carrying out of business activity. These structures can be divided into proprietorship, partnership and company. Each of the business structures have their own pros and cons and therefore before choosing any of the structure the business activity has to be analysed in the light of its features. Proprietorship is a form of business structure where the business and the owner do not have any separate identity (Bourke Wells, 2015). The structure provide immense control over the way in which business is conducted however it has unlimited liability for the owner. In case of partnership where control is distributed among two or more partners the feature of unlimited liability is still present. A proprietorship business should be adopted in situation where the business is relatively small. In the same way a medium category business can be carried out in form of a partnership as it requires additi onal support which is provided to the partners. However when it comes to a business which is relatively large in size the best possible business structure which needs to be selected is that offer company. There are a few key features of a company which distinguishes it from other types of business structures. The Identity of the owner (shareholder) of a company is different from that of the company itself. The company has the capacity to sue and be sued by itself. One of the most prominent features of a company is that of limited liability (Clarke et al., 2015). According to this feature a person who has invested in a company is only liable to extent to which investment has been made by him in the company. In addition a company can be differentiated into a public company or a private company where the public company is allowed to raise capital from the public. It is provided in the scenario that Dan and Ellie are looking to operate a business which is relatively big in size. Therefo re if they select the structure of a public company they would not only be allowed to raise the capital needed for the adventure but also would be able to limit their liability in case of any unwanted situation faced by the company. There is a specific process by which a public limited company is registered in Australia. Firstly form 201 provided by the Australian Securities and Investment Commission needs to be completed and submitted properly for the formation of the public limited company. They have to comply with the provisions of section 112 and 117 of the Corporation Act 2001 (Cth). According to section 112 a public company limited by shares can be registered. As per section 117 an application has to be made by the ASIC for the registration of the company with all details required such as type of company, proposed name, name and address of members and share capital. As per section 118 of the CA the ASIC issues certificate of registration and ACN and the company comes into existence upon registration as per section 119. NO in the situation where the company has been registered and a customer of the company has incurred losses because of the chair, Dan and Ellie would not be personally liable due to the limited liability feature of the company. This is because company can sue and be sued in its own name and the members of the company limited by shares are only liable to the extent they have contributed in the company unless the directors have made a breach of directors duties or have indulged in insolvent trading under section 180-184 and section 588G of the CA respectively. The provisions of fundraising are dealt with under chapter 6D of the Corporation Act. A public company is allowed to raise funds in Australia from the general public to the issuing of securities on the other hand the private companies only allowed raise funds from its existing shareholders and employees. However in order to gain large funds the structure of a public company limited by shares is recommended. While raising funds a company needs to provide disclosure documents to the potential investors. Disclosure document includes every document which is required for issuing securities and regulate fundraising. There are four kinds of disclosure documents which needs to be issued by a public company namely a prospectus, offer information statement, profiles statement, a two part simple corporate Bond prospectus (Miller, 2015). The widest disclosure requirements in relation to a prospectus which is also one of the most popular and common type of disclosure document used by a company. A ll information in relation to the fundraising has to be contained in the prospectus. The prospectus act like an offer and should not contain any misleading or deceptive information or the company and its directors may be liable under section 1041H of the CA. When the fundraising requirements of a company are less than 10 million dollars in aggregate then the company may provide often information statement which generally has less disclosure requirements as compared to the prospectus (Coffee, Sale Henderson, 2015). A public company wishing to use this document for fundraising has to provide along with it a copy of audited financial report as well as a balance date in last 6 months. A profile statement can also be issued by the company if it has been approved by the ASIC. This document contains important information in relation to the offer and the company. A two Parts simple corporate Bond prospectus contains a base prospectus with a 3 years life and offers specific prospectus made in relation to each offer. A disclosure documents have to be lodged with the ASIC before it can be released by the company for the purpose of fundraising. When the preparation of an offer document has been completed the company must use offer list entry for the purpose of recording summary information in relation to the offer which is to be displayed on the offer list. The disclosure document then is to be lodged along with the required fee (Mann Roberts, 2015). If the document is lodged by courier then it has to be address to the ASIC regional office. On the other hand if the company wishes to hand deliver the document then they can do it in ASIC service centre unless the company is based in NSW which requires documents to be lost in NSW regional office. Fees in relation to lodging the documents is determined by the corporation (review fee) regulation 2003. Securities under section 727 cannot be offered without disclosure. In addition where disclosure is required the advertisement restrictions of section 734 of the CA are also applicable. The security Hawking prohibitions which have been provided in section 736 must not be breached in relation to the way in which offer is made to the public. Disclosure is required by any offer in relation to securities other than that of CSF offer as per section 706 unless it is stated otherwise by section 708 and 708 AA. According to Section 708 if the offer does not breach the ceiling of 20 investors and 200 million it does not require a disclosure. Therefore in order to raise both small and large investments from the public Dan and Ellie have to take into consideration these fundraising requirements provided under the Corporation Act. References Bourke, J. F., Lucadou-Wells, R. (2015). Teaching Business Law: Some Ethical Dimensions from Australia. Clarke, E., Griggs, L. D., Cho, G., Hoyle, A., McLaren, J. (2015). Commercial and Economic Law Australia. Coffee Jr, J. C., Sale, H., Henderson, M. T. (2015). Securities regulation: Cases and materials. Corporation Act 2001 (Cth) Mann, R. A., Roberts, B. S. (2015).Business law and the regulation of business. Nelson Education. Miller, R. L. (2015).Business Law Today, Standard: Text Summarized Cases. Nelson Educationa