K Submitted to: Sir Qasim Javed Prepared by: Ayesha Rehman Mehak Mirza Samia Hayat Wardah Mubarak EXECUTIVE SUMMARY In this executive report‚ key cultural benefits of UK are evaluated. When we intend to start business in any country it is very crucial to have knowledge of business culture of the country. Culture defines the complex of distinct elements from a spiritual‚ material‚ intellectual and emotional point of view‚ which describes society or a social group. Furthermore‚ the culture
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aid from the European central bank. In order for the countries to pay back the loans from the European central bank they will need to implement austerity measures in the form of raising taxes and reducing costs on public spending‚ the effect of that will be job losses within the public sector. This is turn has devalued the strength of the single Eurozone currency (Euro‚€) to the point where the UK currency is stronger but as a result businesses can not afford to reside within the UK due to high
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I choose two important problems facing European Union nowadays‚ the first one is the integration of the Turkey‚ which wait to integrate the European Union since 1963. The second one is the constraints of the euro today‚ which increase the economic power of the euro zone‚ However‚ it weakens its influence. Turkey‚ a candidate who is being debated Turkey is a country waiting to integrate the European Union‚ having filed his candidacy in 1963. This one was formalized after the return of democracy
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BUSINESS POLICY AND STRATEGIC MANAGEMENT TOPIC- Significance of intended and emergent strategies in internal management Deliberate and emergent strategies together identify intention of action in a corporation. Any business may fall under either deliberate or emergent strategy in the basis of daily operations. However
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GENERAL BUSINESS POLICY: PROCEDURES AND RULES PROCEDURES * Derive from and conform to policies but are more tactical‚ specific‚ concrete‚ and detailed than policies. It serves as a management control mechanism by standardizing daily operations to ensure consistent processing of recurrent tasks. It specifies how recurring tasks are to be executed and enumerate both the steps and sequence to be followed. Procedure Steps Responsibility 1. Needs Analysis * Identify existing policies
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Scenario 1: LO1 (P1.1): There are mainly four types of organisations. Private sector organisations‚ Public sector Organisations‚ voluntary organisations and cooperatives. Private Sector: In the private sector‚ businesses operate in order to maximize the profits. They raise finance by issuing shares‚ borrowing loans from banks etc. They are owned and controlled by private parties. For example Bank of Maldives‚ Amin Construction pvt ltd‚ Haza Construction pvt ltd. Their main aim is to maximize the
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Tahmaz TURKEY: SHOULD BE A MEMBER OF EUROPEAN UNION? Turkey has been trying to be a member of European Union for ages . In recent years‚ the progress has gained speed‚ and a great number of revisions has been done. Although some people think that whatever Turkey does‚ it will never become a full member‚ I think they are wrong because if Turkey does what it requires‚ it will be accepted to the Union‚ and I am one of those who support Turkey’s membership since I believe
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1. Sole trader businesses are the easiest to set up because there is no complex paperwork. The business and the owner are the same person in law. The sole trader does not have limited liability which means that they are responsible for all the debts of the business. The sole trader has to produce an annual accounting return for the Inland Revenue. 2. Partnerships are set up by a Deed of Partnership which is a document made out by the partners and witnessed by a solicitor. This Deed sets out the
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There are two types of organisation structures‚ flat and hierarchal. Flat structure’s chain of command is short by having lots of people report to one managing director. On the other hand the span of control is wide. A business with this type of structure is Nike. A flat structure is also known as a matrix structure. A hierarchal structure’s chain of command is long. This is because fewer people are reporting to the managing director. While the span of control is narrow. A type of business that uses
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future (Wilson and Gilligan‚ 1998). Political factors The political environment is good. The government is stable and reliable‚ even if Britain fails to achieve total agreement with some EU policies from time to time. At the present no EU directives are known which will have a direct effect on the UK clothing retail industry in the near future. Due to the EU membership a trend can be seen towards stricter environmental protection legislation. This may have a direct or indirect effect on NEXT
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