Managing Business Activities to Achieve Results The 1st assignment – Managing Business Activities to Achieve Results Prepared for: Mr. Martin Ortega (BTEC lecturer) Nguyen Trai University‚ Hanoi Submitted: 10/05/2013 Prepare by: Name: Tran Anh Vu Date of birth: 27/01/1992 Course: 2010 – 2014 Sectors Study: Btec Program Student Code: 1050001027 NAME OF STUDENT TRAN ANH VU REGISTRATION NO. 1050001027 UNIT TITLE Unit 15: Managing Business
Premium Management Quality assurance Quality control
Review Questions 1.1 1. What is a ‘business’? A business is a decision-making organisation involved in the process of using inputs to produce goods and/or provide services. 2. What are the purposes of business activity? Businesses exist to satisfy the needs and wants of people‚ organisations and governments. Needs – are the basic necessities that a person MUST have in order to survive. Wants – are the desires that people have. Wants are said to be infinite since people always want more
Premium Economics Industry Economy
Henri Fayol was one of the first theorists to define functions of management in his 1916 book “Administration Industrielle et Generale”. Henri Fayol identified 5 functions of management‚ which he labelled: planning‚ organizing‚ commanding‚ coordinating and controlling. Henri Fayol theorized that these functions were universal‚ and that every manager performed these functions in their daily work. Henri Fayol also identified 14 general principles of management and organizing‚ which can be read about
Premium Management
objectives of business -----‘Accounting is dubbed “language” of business activities conducted by firms as it is used to communicate business transactions per se to all stakeholders’ According to Weygand‚ Kieso and Kimmel (2012‚ p.4)‚ the main purpose of accounting is consists of three basic activities‚ identifying‚ recording and communicating the business events by users. These three activities help the firm to operate the business to make decision be meaningful. Business has
Premium International Financial Reporting Standards International Accounting Standards Board
a section of her husband’s shop that sold house paints. Anna‚ his mother‚ loved everything Henri did. Throughout his life‚ he spoke very highly of his mother‚ after all‚ she is responsible for Henri’s discovery of art. In 1887 Henri went to school to study Law in Paris‚ although‚ he considered it tedious he passed the Bar exam the following year. Shortly after starting work‚ he had an appendix attack. Henri was bed ridden‚ being the momma’s boy he was‚ he returned home in northern France to receive
Premium Poetry Marriage Art
On December 31‚ 1869‚ in the country of France‚ there was born a child that would later become one of the most influential and famous artists of the 20th century. His name was Henri Matisse. In 1887‚ Matisse went to Paris to study law and after gaining his certification‚ became a court administrator. However‚ in 1889 he began to discover “a kind of paradise” as he first began to paint with art supplies that his mother gave him during his recovery from suffering an appendicitis attack. It was during
Premium
Management in all business and organizational activities is the act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning‚ organizing‚ staffing‚ leading or directing‚ and controllingan organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources‚ financial resources‚
Premium Management
Unit 1 – Exploring Business Activity (P4 and M2) Functions are the specialist areas that a business is divided into for example marketing and finance. Tesco Tesco want to expand locally‚ internationally‚ in non-foods and retailing services (Tesco Personal Finance). Tesco’s success depends on people; the people who shop with them and the people who work with them. If their customers like what Tesco offer then they are more likely to come back and shop their again. If the Tesco team find what
Premium Tesco
national business. One of the reasons why I chose M&S is because M&S sponsored an entrepreneur scheme called NTYE this allowed me to gain more insight into M&S and its infrastructure. This also allowed me to become more familiar with the business‚ as I felt that M&S being a PLC‚ gaining any required information wouldn’t be of difficulty as M&S are obliged to publish all their financial records for shareholders. Another reason I have chosen M&S as the national business to assess
Premium Theatre
will: Understand the importance of business processes in delivering outcomes based upon business goals and objectives Be able to develop plans for own area of responsibility to implement operational plans Be able to monitor appropriate systems to improve organisational performance Be able to manage health and safety in the workplace. Unit content 1 Understand the importance of business processes in delivering outcomes based upon business goals and objectives Functions: interrelationships
Premium Management Process management Business process reengineering