CTU231: Motorcar Pro was a business that focusing on selling various of automative car parts and related accessories: Assignment, UiTm, Malaysia

University Universiti Teknologi MARA (UiTM)
Subject CTU231 Assignment

INTRODUCTION (Motorcar Pro Automative Shop)

Motorcar Pro was a business that focusing on selling various of automative car parts and related accessories to both consumers and professional repair shops. We just started this business operation on 1 January 2023 in a store that are located at Jalan Undan, 5/2 Miles, Off Jalan Tuaran Inanam Sabah, 88450 Kota Kinabalu.

Are You Searching Answer of this Question? Request Malaysian Writers to Write a plagiarism Free Copy for You.

We pick out this place as our business location due to its strategic position as a commercial area and not to mention that it has large capacity of citizens in that area. In order to start the business, we contribute cash in hand amounted RM 30 000 and cash in bank worth RM 1800000 as the capital for our business. In addition, all of these contributions are made on 1st January 2023.

The type of business that we are opening is known as public company. It provides many advantages as well as its disadvantages. The first advantages of public company are easy to raise capital by issuing shares to the public. Besides, it can grow and expansion opportunities to the company as it has more accountability in their operations and management structure than smaller private companies do, as there is a higher level of stringent rules and regulations applicable to such companies.

However, from another perspective, it has high level of regulations. Moreover, there is a strict adherence to global accounting standards. This occurs when they must prepare their financial reports in accordance with the Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS). Nevertheless, it will adapt perfectly according to the company needs.

We decided to open this business because we think there are a lot of car enthusiast out there that do not know where to find the cheapest shop that provide diversity of car spare parts and car accessories. Our target audience could be both genders that are into automative components where they are probably aged 20 to 50 years and live in urban areas. Therefore, we are really optimistic that our business will be very successful and can attract many customers from different kinds of backgrounds.

Get Solution of this Assessment. Hire Experts to solve this assignment for you Before Deadline.

Get Help By Expert

Achieve academic excellence with our expert assistance in CTU231 assignments! As your trusted assignment helper, we specialize in providing customized homework writing help tailored to your needs. Navigate through the intricacies of CTU231 coursework with confidence, backed by our dedicated team. Worried about meeting assignment requirements? Our specialized customized homework writing help ensures your work meets the highest standards. Students in Malaysia can invest in their academic success by paying our experts for invaluable assistance.


Recent Solved Questions

Online Exam & Assignment Writing Services

70841+ Orders Delivered

5 Star Rating

Confidential & Secure Assignment Help For

Group Assignment Help

Online Exam -Test & Quiz

Cheapest Price Quote

Diploma & Certificate Levels

Semester & FYP Papers

Summative & Individual

GBA & Reflective

Last Minute Assistance

Sample Assignment Download

CBE421 Organic Chemistry UITM Assignment Sample Malaysia
The course, CBE421 Organic Chemistry at UITM, Malaysia, provides an introduction to organic compounds, covering their structure, properties, nomenclature, reactions, and applications. It emphasizes the study of organic chemistry in…
BIO200 Introduction To Tissues Classification Of Living Things And Ecology UITM Assignment Answer Malaysia 
BIO200 Introduction to Tissues, Classification of Living Things, and Ecology is a comprehensive biology course offered at UITM in Malaysia. The course aims to provide students with a solid foundation…


Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now