Unit 1- Communication in a Business Environment LO-1 1.1 Explain why different communication methods are used in the business environment Different communication methods are used in the business environment because the purpose of communication is for humans to be able to understand each other for different reasons. So if we develop a range of communication skills we can use them to help‚ learn or explain something to people. We also communicate to help one another‚ listen to each other’s problems
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and how to get there. It’s the art of developing and implementing specific actions and decisions that will help a business to achieve goals and objectives as set out by the owners. Through the strategy process the overall direction of the company is set including opportunities and threats in the outside world and the internal strengths and weaknesses of the business. The aim of a business strategy is to ensure that the threats posed by the external environment are minimized and also to strengthen or
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Table of Contents Executive summary 3 1.0 Introduction 3 2.0 Methods 4 3.0 Research Findings 4 4.0 Discussion 7 5.0 Conclusion 7 Reference List 9 Executive summary This report outlines a marketing mix of the company Vinamilk. It will show two marketing mixs to show how Vinamilk can become successful in the milk market in Vietnam‚ even though with a lot of competitors. Also Vinamilk will be able to expand or open franchise in foreign countries. The report is divided into five
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assignment number (DoeJXXX0000-1) justified to the left and the page number justified to the right. Keep a Photocopy or Electronic Copy of Your Assignments: You may need to re-submit assignments if your mentor has indicated that you may or must do so. Academic Integrity: All work submitted in each course must be the Learner’s own. This includes all assignments‚ exams‚ term papers‚ and other projects required by the faculty mentor. The known submission of another person’s work represented as
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Introduction In this piece of coursework I will describe the different sectors; these are the public private and voluntary. Below I will describe each sector and talk about the key stakeholders‚ the main aims and objectives and the main strategies of each sector. The key stakeholders of businesses in the private sector are the owners and shareholders‚ whereas in the public sector‚ the government and user groups are the key stakeholders. Main aims and objectives of the businesses within the private
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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
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assignment I will be talking about Marks and Spencer and how the economic environment could have an effect on them. The economic environment is basically all the economic factors brought together. By saying economic factors‚ I mean aspects such as; employment‚ inflation‚ interest rates‚ productivity and wealth. All of these elements mentioned above have an influence on the buying behaviour of consumers and organisations. P1 In terms of economic variations for marks and spencer‚ the best way to explain
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Introduction to Strategic Management Why is Strategy Important to Business Kaplan University Management Policy and Strategy MT 460 – 01 Unit 2 The question of why strategy is important to business is compelling to say the least. There are a number of reasons why strategy can and often does determine the success‚ growth or failure of a business. Without a strategy the business is responding to internal and external circumstances or demands without the advantage of a plan in place to address
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will learn about some of the basic analytical tools that financial managers use almost every day. Chapter 3 reviews the main financial statements that are the primary means by which firms communicate with investors‚ analysts‚ and the rest of the business community. Chapter 3 also illustrates some simple tools that managers use to analyze the information contained in financial statements to identify and diagnose financial problems. I Firms create financial statements using the accrual principles
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IB DIPLOMA PROGRAMME PROGRAMME DU DIPLÔME DU BI PROGRAMA DEL DIPLOMA DEL BI M07/3/BUSMT/HP2/ENG/TZ0/XX/M+ MARKSCHEME May 2007 BUSINESS AND MANAGEMENT Higher Level Paper 2 32 pages –2– M07/3/BUSMT/HP2/ENG/TZ0/XX/M+ This markscheme is confidential and for the exclusive use of examiners in this examination session. It is the property of the International Baccalaureate and must not be reproduced or distributed to any other person without the authorization of
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