Know how political‚ legal and social factors impact on business. Scenario: You work as a junior journalist for a newspaper which is planning to run a feature article on UK businesses. You have been asked to produce an article on two contrasting businesses covering purpose‚ ownership‚ organisational structure‚ strategic planning and how businesses interact with their environments. Task 1 ( P1‚P3‚ P4) Submission date: w/c 14/1/12 Business organisations exist for many different purposes and have
Free Economics Management Organizational studies
National Diploma in Business Level 6 Business Environment Assessment \ People credited with this unit standard are able to: assess political‚ economic‚ and cultural trends monitor and evaluate new processes and technologies monitor the competitive environment and assess opportunities identify‚ research and evaluate opportunities for business development assess impacts of options on current business operations‚ and identify required changes to operational methods
Premium New Zealand
Mission statement and Business objectives The differences between an objective and a mission statement are vast‚ but subtle. While the mission statement expresses the big picture‚ the objective is more grounded and more attainable than the mission. The mission statement is supported by objectives. The objectives are designed to make the broad-minded mission statement an achievable one. Mission Is a concise statement which describes the company’s core purpose and values. In business‚ the mission statement
Premium Organization Organizational structure Management
the Lamar Swimwear ’s debt paying ability is less than average and trending downward. Nonetheless‚ the liquidity analysis just with current ratio is limited‚ and the quick ratio make up for this limitation. Both current ratio and quick ratio are reflected the liquidity of the
Premium Financial ratios Balance sheet Financial ratio
service from a business‚ this mean that they can work together by the employees providing a good service to the business that the customer can take the good service from the business. The common interest that the two stakeholder have on the business is that they both deal with service like the customer buy the service from the business and the employees provide service for the business and also the oppose interest that the two stakeholder have is that the employees work for the business and the customer
Premium Management Good Customer
industry experts-the next day tlley were to give a presentation to a drycleaning.convention. But hadn’t yet bought a single store and were running out of money. They had to do something soon: start or buy a store‚ or abandon their dryc\eaning pursuit altogether‚ Background Chris and VaJ were classmates in the MBA program at Harvard Business School. Val had spent four years as an investment banker in New York. and Chris had sold capital equipment in Cincinnati for his family’s company. The two
Premium Balance sheet Clothing Asset
"Business is the way of the world. Shopping‚ buying‚ selling‚ promoting‚ discounting‚ it’s a field that I am greatly interested in‚ and wish to learn more about. Although I have a broad range of interests‚ I have always been drawn to business management because to me it’s a very exciting environment with lots of demands and challenges. However the thing that excites me the most about business manm‚mnagement is the way in can directly and indirectly affect the lives of so many people.I am a forward
Premium Management Microsoft Windows Business
BETC LEVEL 2 (UNIT ONE) BUISNESS PURPOSES SOFIA WARD 10M Task one: 1. Tesco Purpose • Tesco is for a profit. Over 60% of group sales and profits came from the UK business. • Tesco sells items such as fresh food‚ groceries and clothing. (The clothing market is worth £33 billion alone) Ownership • Tesco is a Limited company-Public(PLC) • The decision’s are made by an elected board • There Executive Committee comprises the Tesco PLC Executive Directors and seven senior
Premium Tesco Corporation Business
managing the business for the benefit of customers‚ shareholders‚ suppliers‚ colleagues‚ partners and communities. Maintaining ethical and honest behaviour Our reputation for integrity is perhaps our most valuable business asset. If we lose it‚ we also lose the trust of our customers and all those who work with us. Our principles We shall believe in establishing enduring and equal relationships with all our stakeholders‚ because we’re confident that good ethics leads to good business. We
Premium Ethics
BUSINESS SBA PRODUCTION DESCRIPTION The businesses I intend to open are a Bakery and also a mini Coffee House. The name of the business would be named after the two co-owners i.e. Richard and Stacy; Bakery and Coffee House‚(R&S Bakery and Coffee House). My business would be a partnership type business. In other words the owners would be employing the factors of production i.e. capital‚ land and labour. Advantages include expansion of business if production level and also profit levels are raised
Premium Capital Labor Management