Business studies: Provide details on an Australian SME (Motium (WA) https://motium.com/about/

March 13, 2023March 13, 2023 Discipline: Business and Management
The business is Motium (WA) https://motium.com/about/Motium (WA) https://motium.com/about/

Question 1 

Outline this business’ primary activities (include things such as: whether they sell products, services, or a mix; who they sell to; if they have any notable or unusual business practices; (4 marks)
(around 90 words)
Question 2 
Classify this business in its size and spread. Account for this classification. (4 marks)
(around 90 words)
Question 3
Identify the industry this business is a part of, and outline why it is part of this industry (3 marks)
(around 50 words)
Question 4
Explain how the business contributes to the Australian economy. Use specific examples to support your answer. (4 marks)
(around 80 words)
Question 5 
Identify and define ONE external influence and ONE internal influence, and describe the impact this has on this business. (6 marks)
(around 120 words)
Question 6

Identify ONE internal and ONE external stakeholder of this business and describe the responsibilities this business has to those stakeholders (6 marks)
(around 120 words)
Question 7
Determine the most likely placement of this business on the Business Life Cycle and justify this placement (5 marks)
(around 130 words)
Outline the potential challenges present at this stage of the Business Life Cycle for this business (3 marks)
(around 60 words)
Question 8
Recommend the most appropriate Legal Structure for this business, and discuss the impact of this decision.
(note: you do not need to choose the structure the business actually uses, nor is this justification in itself)
Recommend the most appropriate Legal Structure for this business, and discuss the impact of this decision.
(note: you do not need to choose the structure the business actually uses, nor is this justification in itself)
(around 420 words)

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