shopkeeper in London. In 1907 they merged with The Royal Dutch Petroleum Company. 1.1.1&1.1.2 Having a lot of offices/petrol stations all around the world makes them a global business and it’s a private business because it’s not owned by the government. Their goal is to make more money than they spend‚ so Shell is a profit business. Shell is in all three sectors because they dig oil (Primary Sector‚ they produce the oil (Secondary Sector‚ and lastly they sell it as well at their petrol stations. Their
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P1 – Describe the Type of Business‚ Purpose and Ownership of Two Contrasting Organisations In this task I will be investigating two different types of businesses and will be comparing them with each other. I will be first talking about the public sector‚ Sir John Cass and Redcoat school. The private sector I have chosen for this task is Blue Inc. Sir John Cass and Redcoat School. Sir John Cass and Redcoat school is a public sector‚ owned and organised by the government‚ in tower hamlets.
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it’s too limit‚ inefficient and always got wrong signal from others. We also will have external influences because we can’t communicate with new customer from different countries. Company cannot be develop and also missing comparative advantage. Business will no longer
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Business Ethics – Unit 37 Task One Understand the meaning and importance of ethics in the business world Businesses have aims and objectives they wish to achieve to be successful. Operational activities are the things the business does to get there‚ however sometimes businesses make bad decisions that can upset staff‚ customers‚ local people‚ etc. this is why ethics is a very important aspect of business management. Objectives are set as stepping stones which are taken in order for the business
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Introduction: I have been asked to describe the main employability and personal and communication skills required when applying for a job as customer service assistant at JD sports (P2).After that I will assess the importance of employability ‚ and personal skills in the recruitment and retention of staff in JD’s(M2). The role of customer service assistant: Customer service assistant is working directly with a company’s customers‚ answering questions‚ providing information‚ performing research
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P3 describe how software and network security can keep systems and data secure Public Key: a public key is a value provided by some designated authority as an encryption key that‚ combined with a private key derived from the public key‚ can be used to effectively encrypt messages and digital signatures Private Key: Public-key cryptography refers to a cryptographic system requiring two separate keys‚ one to lock or encrypt the plaintext‚ and one to unlock or decrypt the cyphertext. Neither key
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Task 1 Describe the type of business‚ purpose and ownership of 2 contrasting types of businesses. Sole Trader A sole trader is a business owned by 1 person. It does not have limited liability meaning that if it fails and creates debts the owner is personally responsible for this. Sole trader’s usually have to work long hours and learn about all the aspects of business as many start up businesses cannot afford to hire people to take on other tasks. The owner is responsible for everything that goes
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Unit 18 – Task 1 – M2 M2 – Analyse the arrangements made by an event organizer to plan a business event. In this task I am going to be analyzing the arrangements made by an event organizer to plan a business. I am going to do this by identifying separate factors‚ saying how they are related and how each one contributes to the topic. In order to do so‚ I am going to use the cyclical process of management to aid my analysis. The cyclical process of management is basically the process an event organizer
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a period of time that follows the recovery phase in a standard economic cycle. Some of the characterised features of a Boom are: a rising stock market‚ low rate of unemployment‚ working at full or near full capacity and a strong customer demand. (Business Dictionary‚ Online) The benefits of operating in a boom One of the benefits of operating in a boom is the customer r demand for products increases‚ the reason for this
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is what a business uses to keep track of their finances throughout the previous twelve months. Keeping profit and loss accounts is very important because it helps the business keep track of what they are spending. It is important that a business keeps track of their finances so that they know how much money they expect to come in to the business and if they need to prepare for a drop or rise in profits. Keeping profit and loss accounts allows the business to see what months the business does well
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