P5-Describe the influence of two contrasting economic environments on business activities within a selected organisation Within my selected organisation‚ Tesco‚ there are 2 important economic environments that have an influence on business activities. Both economic environments will have a different way on affecting Tesco. The economic environments are growth and recession. Economic growth occurs when more goods are being produced and consumed‚ and incomes are rising. A growth company tends to
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changes in the economic environment on a selected business – D1 After various changes to the economic tax and interest rate‚ CPHP have conducted and compiled research into current public spending. The results show that there has been a dramatic reduction in the level of public spending in the UK. The changes in economic environment will affect a business‚ the profit of the business will be affected because its affect the price and income of a business‚ which are the main aspect of a business. If Tesco
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I believe in the Promise Comforter‚ Leader Olumba Olumba Obu The Father of all righteousness I believe in the First Begotten Son‚ His Holiness Olumba Olumba Obu The King of Kings and Lord of Lords Who gave Himself for us all And redeemed us from iniquities Purifying unto Himself a peculiar people The kindness and love of God Has appeared towards us Not by works of righteousness But according to His mercy We are saved by the washing of the regeneration And the renewing of the Holy Spirit Having therefore
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RECRUITMENT AND SELECTION PRACTICES IN A SELECTED ORGANISATION Papers published in the Journal of Management Practice electronic journal have been selected on the basis of their superior treatment of a particular subject of relevance to HRM. In most cases ‚ the paper will have it origins in assignment work in units offered for study by the Department of Human Resource Management and Employment Relations. Worthiness for inclusion in the JMP is determined initially by the unit leader/examiner and
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Name: Cameron Nwanze Subject: D1 Evaluate the impact of changes in the economic environment on a selected business. I am required to evaluate the impact of changes in the economic environment on marks and spencer’s in relation to government decisions‚ policies‚ spending and economic management Government Decisions In 2012 the government decided to raise the minimum wage and change the vat rules this had a massive effect on marks and spencer’s as a company. The government raised the minimum wage
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social implications of business ethics facing a selected business in its different areas of activity. ( Pass 3) For this part of my assignment I have been asked to describe the social implications of business ethics which face my chosen company. I will be looking at social implications such as trade unions and protest groups. I will then describe how these groups may affect my organisation. Government policies - The government creates the rules behind how a business is run and how it can interact
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Describe the social implications of business ethics facing a selected business in its different areas of activity. (P3 and M2) Social implications of business ethics The social implications often refer to those businesses that have an effect on society as a whole. They can relate to a number of areas of activity. I will now talk about the areas of activity. Areas of activity Ethics in finance In financial dealing and payments there are many kinds of unethical behaviour‚ however there are regulations
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of 3 years. If all interest rates are projected to fall 100 basis points by next year‚ by how much will the bank’s profits and loan NIM change in year 2? Does this bank face refinancing risk or reinvestment risk? Explain. Answer: Year 1 profits = (4.75% – 4.25%) * $150 million = $750‚000; NIMyr1 = $750‚000/ $150 million = 0.50% Year 2 profits = (3.75% – 4.25%) * $150 million = -$750‚000 Change in profits = -$1‚500‚000 NIMyr2 = -$1‚500‚000/ $150 million = -0.50%‚ so NIM decreases by
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There are three different types of approaches to organisation which are classical‚ neo-classical and modern. Below I have explained in detail what they mean according to my research. Classical approach to organisation has concepts that are commonly known as classical concepts or classical theories of an organisation. An organisation is the structure of power‚ relationships‚ objectives‚ roles‚ activities‚ communication and other factors that exist when a person works together with someone. The
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Part B: Select the media vehicles: 6. Compare and evaluate the benefits created by selected media options and their past media performance‚ prioritise the compared media options and explain your reasoning. Suitable advertising media options Compare and evaluate the benefits TV TV is one this that everyone owns whether he/she is poor or rich. It is also the most used source of entertainment. TV is considered to be the most liable source of advertising as has also proved its worth in increasing
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